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OMH vs QUAL: Correlation

Ohmyhome Limited - Class A (OMH) and iShares MSCI USA Quality Factor ETF (QUAL) show a negative relationship: their 3-year correlation of weekly returns is -0.17.

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

Correlation (3Y)
-0.17
negative
Correlation (1Y)
-0.05
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-1033.3
%² · weekly, annualized

How correlated are OMH and QUAL?

On 3 years of weekly data the OMH/QUAL correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.05) runs above the 3-year figure (-0.17). The 5-year figure is n/a, and annualized covariance runs at -1033.3 %².

Among the 72 assets we track against OMH, QUAL ranks #21 by 3-year correlation. The last year tells two different stories: QUAL led by 113.3 percentage points, -93.6% for OMH against +19.7% for QUAL. Risk is not evenly split, since OMH carries 32.0 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.

OMH vs QUAL: side by side

OMH (Ohmyhome Limited - Class A)QUAL (iShares MSCI USA Quality Factor ETF)
1-year return-93.6%+19.7%
5-year returnn/a+68.0%
Volatility (ann.)448.2%14.0%
Beta vs S&P 500-3.850.93
Max drawdown (3Y)-97.9%-18.0%
Market cap
P/E (trailing)
Dividend yield0.00%0.86%
Expense ratio0.15%
Assets under management$46.5B
Sector / categoryUS ListedETF · US Style
Higher yield: QUAL 0.86% vs 0.00%Smaller drawdown: QUAL -18.0% vs -97.9%

QUAL, iShares's Large Blend fund, carries $46.5B under management, 123 holdings, a 0.15% expense ratio, a 0.86% trailing dividend yield.

-93%0%+65%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). OMH · QUAL

Year-by-year returns

YearOMHQUAL
2022-20.5%
2023+30.9%
2024-73.9%+22.3%
2025+102.0%+12.7%
2026-90.6%+13.5%

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

Are OMH and QUAL good diversifiers for each other?

Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between OMH and QUAL?

Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.05 over the last year and n/a over 5 years.

Is QUAL a good diversifier for OMH?

Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.17 mean?

A reading of -0.17 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

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

OMH vs QUAL: 3-year weekly correlation -0.17OMH vs QUAL-0.17

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Related comparisons

Hubs: OMH correlations · QUAL correlations