OMF vs TRMB: Correlation
Measured on weekly returns over the past three years, OneMain Holdings, Inc. (OMF) and Trimble Inc. (TRMB) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMF and TRMB?
Across a 3-year window, the weekly returns of OMF and TRMB correlate at 0.56, moderate. The link has loosened recently: the 1-year correlation (0.38) runs below the 3-year figure (0.56). Stretching to 5 years gives 0.54, with an annualized covariance of 554.4 %².
Within OMF's tracked universe of 27 assets, TRMB comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months OMF outperformed by 36.9 percentage points (+11.8% for OMF against -25.1% for TRMB).
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 TRMB: side by side
| OMF (OneMain Holdings, Inc.) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | +11.8% | -25.1% |
| 5-year return | +68.1% | -35.7% |
| Volatility (ann.) | 31.8% | 30.9% |
| Beta vs S&P 500 | 1.27 | 1.13 |
| Max drawdown (3Y) | -29.9% | -42.7% |
| Market cap | $7.3B | $14.3B |
| P/E (trailing) | 9.5 | – |
| Dividend yield | 6.64% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | OMF | TRMB |
|---|---|---|
| 2022 | -27.2% | -42.0% |
| 2023 | +63.0% | +5.2% |
| 2024 | +15.1% | +32.8% |
| 2025 | +39.8% | +10.9% |
| 2026 | -0.2% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMF and TRMB good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between OMF and TRMB?
As of 2026-08-27, the correlation of weekly returns between OMF and TRMB is 0.56 over 3 years, 0.38 over 1 year and 0.54 over 5 years.
Is TRMB a good diversifier for OMF?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/omf-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/omf-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OMF correlations · TRMB correlations
