OMF vs SYF: Correlation
OneMain Holdings, Inc. (OMF) and Synchrony Financial (SYF) show a very strong relationship: their 3-year correlation of weekly returns is 0.83.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMF and SYF?
Over the past 3 years, OMF and SYF moved with a correlation of 0.83, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.75 lands near the 3-year figure. Over 5 years the correlation is 0.80, and the annualized covariance of weekly returns is 834.4 %².
In OMF's tracked universe of 27 assets, SYF sits right near the top at #1. Their 12-month results are close: +11.8% for OMF against +7.3% for SYF.
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 SYF: side by side
| OMF (OneMain Holdings, Inc.) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +11.8% | +7.3% |
| 5-year return | +68.1% | +81.0% |
| Volatility (ann.) | 31.8% | 31.6% |
| Beta vs S&P 500 | 1.27 | 1.28 |
| Max drawdown (3Y) | -29.9% | -37.7% |
| Market cap | $7.3B | $26.0B |
| P/E (trailing) | 9.5 | 8.2 |
| Dividend yield | 6.64% | 1.50% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | OMF | SYF |
|---|---|---|
| 2022 | -27.2% | -27.4% |
| 2023 | +63.0% | +19.8% |
| 2024 | +15.1% | +74.0% |
| 2025 | +39.8% | +30.6% |
| 2026 | -0.2% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMF and SYF good diversifiers for each other?
No: a correlation of 0.83 means OMF and SYF tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between OMF and SYF?
As of 2026-08-27, the correlation of weekly returns between OMF and SYF is 0.83 over 3 years, 0.75 over 1 year and 0.80 over 5 years.
Is SYF a good diversifier for OMF?
No: a correlation of 0.83 means OMF and SYF tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.83 mean?
A reading of 0.83 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-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/omf-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OMF correlations · SYF correlations
