OMC vs TROW: Correlation
Measured on weekly returns over the past three years, Omnicom Group (OMC) and T. Rowe Price (TROW) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMC and TROW?
Across a 3-year window, the weekly returns of OMC and TROW correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.42) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.46, with an annualized covariance of 349.0 %².
In OMC's tracked universe of 36 assets, TROW sits right near the top at #3. On 12-month performance OMC holds a 8.4-point edge, +16.5% against +8.1%. Across three years, the rolling one-year figure varied moderately, from 0.40 to 0.66.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
OMC vs TROW: side by side
| OMC (Omnicom Group) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | +16.5% | +8.1% |
| 5-year return | +45.6% | -37.0% |
| Volatility (ann.) | 28.0% | 23.5% |
| Beta vs S&P 500 | 0.76 | 1.10 |
| Max drawdown (3Y) | -33.3% | -34.0% |
| Market cap | $24.1B | $24.0B |
| P/E (trailing) | 237.5 | 11.3 |
| Dividend yield | 3.53% | 4.57% |
| Sector / category | Communication Services | Financials |
Year-by-year returns
| Year | OMC | TROW |
|---|---|---|
| 2022 | +15.7% | -42.2% |
| 2023 | +9.6% | +3.4% |
| 2024 | +2.5% | +9.7% |
| 2025 | -2.6% | -4.7% |
| 2026 | +11.1% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMC and TROW good diversifiers for each other?
Only partially. A correlation of 0.53 means OMC and TROW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between OMC and TROW?
As of 2026-08-27, the correlation of weekly returns between OMC and TROW is 0.53 over 3 years, 0.42 over 1 year and 0.46 over 5 years.
Is TROW a good diversifier for OMC?
Only partially. A correlation of 0.53 means OMC and TROW share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/omc-vs-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/omc-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OMC correlations · TROW correlations
