PairBook
HomeOMF › OMF vs TV

OMF vs TV: Correlation

OneMain Holdings, Inc. (OMF) and Grupo Televisa S.A.B. (TV) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.

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

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.35
last 12 months
Correlation (5Y)
0.41
long-run
Ann. covariance
613.9
%² · weekly, annualized

How correlated are OMF and TV?

On 3 years of weekly data the OMF/TV correlation comes out at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.35 lands near the 3-year figure. The 5-year figure is 0.41, and annualized covariance runs at 613.9 %².

Among the 27 assets we track against OMF, TV sits near the bottom by co-movement, at rank #23. Over the last 12 months OMF came out ahead by 9.6 percentage points (+11.8% against +2.2%). Risk is not evenly split, since TV carries 1.6 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 TV: side by side

OMF (OneMain Holdings, Inc.)TV (Grupo Televisa S.A.B.)
1-year return+11.8%+2.2%
5-year return+68.1%-72.6%
Volatility (ann.)31.8%52.4%
Beta vs S&P 5001.270.69
Max drawdown (3Y)-29.9%-59.2%
Market cap$7.3B$1.4B
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 -59.2%Higher 5y return: OMF +68.1% vs -72.6%
-19%0%+17%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. OMF · TV

Year-by-year returns

YearOMFTV
2022-27.2%-50.9%
2023+63.0%-25.2%
2024+15.1%-40.6%
2025+39.8%+81.5%
2026-0.2%-5.5%

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

Are OMF and TV good diversifiers for each other?

Reasonably. At 0.37, OMF and TV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between OMF and TV?

Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.35 over the last year and 0.41 over 5 years.

Is TV a good diversifier for OMF?

Reasonably. At 0.37, OMF and TV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.37 mean?

On the −1 to +1 scale, 0.37 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-tv.json

OMF vs TV: 3-year weekly correlation 0.37OMF vs TV0.37

Markdown for the live badge, attribution link included:

[![OMF vs TV correlation](https://www.pairbook.io/api/v1/badge/omf-vs-tv.svg)](https://www.pairbook.io/pair/omf-vs-tv/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: OMF correlations · TV correlations