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OMF vs SFIX: Correlation

OneMain Holdings, Inc. (OMF) and Stitch Fix, Inc. (SFIX) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.54
last 12 months
Correlation (5Y)
0.49
long-run
Ann. covariance
1111.3
%² · weekly, annualized

How correlated are OMF and SFIX?

Over the past 3 years, OMF and SFIX moved with a correlation of 0.47, which is moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 1111.3 %².

Within OMF's tracked universe of 27 assets, SFIX comes in at #18 by 3-year correlation. Correlation aside, the last 12 months split them widely, with OMF ahead by 55.3 points (+11.8% versus -43.5%). One caveat on sizing: SFIX is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 SFIX: side by side

OMF (OneMain Holdings, Inc.)SFIX (Stitch Fix, Inc.)
1-year return+11.8%-43.5%
5-year return+68.1%-92.6%
Volatility (ann.)31.8%74.6%
Beta vs S&P 5001.271.71
Max drawdown (3Y)-29.9%-58.6%
Market cap$7.3B$0.4B
P/E (trailing)9.5
Dividend yield6.64%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: OMF 6.64% vs 0.00%Smaller drawdown: OMF -29.9% vs -58.6%Higher 5y return: OMF +68.1% vs -92.6%
-46%0%+17%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). OMF · SFIX

Year-by-year returns

YearOMFSFIX
2022-27.2%-83.6%
2023+63.0%+14.8%
2024+15.1%+20.7%
2025+39.8%+21.8%
2026-0.2%-41.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OMF and SFIX good diversifiers for each other?

Reasonably. At 0.47, OMF and SFIX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between OMF and SFIX?

As of 2026-08-27, the correlation of weekly returns between OMF and SFIX is 0.47 over 3 years, 0.54 over 1 year and 0.49 over 5 years.

Is SFIX a good diversifier for OMF?

Reasonably. At 0.47, OMF and SFIX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.47 mean?

On the −1 to +1 scale, 0.47 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/omf-vs-sfix.json

OMF vs SFIX: 3-year weekly correlation 0.47OMF vs SFIX0.47

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Hubs: OMF correlations · SFIX correlations