OMF vs PTON: Correlation
OneMain Holdings, Inc. (OMF) and Peloton Interactive, Inc. (PTON) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMF and PTON?
On 3 years of weekly data the OMF/PTON correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 1086.5 %².
By 3-year correlation, PTON places #20 of the 27 assets tracked against OMF. Their recent paths diverged sharply: over the last 12 months OMF outperformed by 42.8 percentage points (+11.8% for OMF against -31.0% for PTON). Risk is not evenly split, since PTON carries 2.3 times the volatility of the other side.
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.
OMF vs PTON: side by side
| OMF (OneMain Holdings, Inc.) | PTON (Peloton Interactive, Inc.) | |
|---|---|---|
| 1-year return | +11.8% | -31.0% |
| 5-year return | +68.1% | -94.8% |
| Volatility (ann.) | 31.8% | 74.3% |
| Beta vs S&P 500 | 1.27 | 2.10 |
| Max drawdown (3Y) | -29.9% | -64.9% |
| Market cap | $7.3B | $2.3B |
| P/E (trailing) | 9.5 | 37.9 |
| Dividend yield | 6.64% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OMF | PTON |
|---|---|---|
| 2022 | -27.2% | -77.8% |
| 2023 | +63.0% | -23.3% |
| 2024 | +15.1% | +42.9% |
| 2025 | +39.8% | -29.2% |
| 2026 | -0.2% | -14.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMF and PTON good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OMF and PTON?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.46 over the last year and 0.44 over 5 years.
Is PTON a good diversifier for OMF?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/omf-vs-pton.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/omf-vs-pton/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OMF correlations · PTON correlations
