OMH vs SPYV: Correlation
Ohmyhome Limited - Class A (OMH) and SPDR Portfolio S&P 500 Value ETF (SPYV) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and SPYV?
Across a 3-year window, the weekly returns of OMH and SPYV correlate at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.05 versus -0.15 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -826.4 %².
Within OMH's tracked universe of 72 assets, SPYV comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SPYV outperformed by 112.1 percentage points (-93.6% for OMH against +18.5% for SPYV). Note the risk asymmetry: OMH runs 37.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SPYV: side by side
| OMH (Ohmyhome Limited - Class A) | SPYV (SPDR Portfolio S&P 500 Value ETF) | |
|---|---|---|
| 1-year return | -93.6% | +18.5% |
| 5-year return | n/a | +73.5% |
| Volatility (ann.) | 448.2% | 12.1% |
| Beta vs S&P 500 | -3.85 | 0.70 |
| Max drawdown (3Y) | -97.9% | -17.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.69% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $36.2B |
| Sector / category | US Listed | ETF · US Style |
SPYV, State Street Investment Management's Large Value fund, carries $36.2B under management, 438 holdings, a 0.04% expense ratio, a 1.69% trailing dividend yield.
Year-by-year returns
| Year | OMH | SPYV |
|---|---|---|
| 2022 | – | -5.3% |
| 2023 | – | +22.2% |
| 2024 | -73.9% | +12.2% |
| 2025 | +102.0% | +13.2% |
| 2026 | -90.6% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and SPYV good diversifiers for each other?
Yes. With a correlation of -0.15, OMH and SPYV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between OMH and SPYV?
The OMH/SPYV correlation stands at -0.15 on a 3-year window (1 year: 0.05, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SPYV a good diversifier for OMH?
Yes. With a correlation of -0.15, OMH and SPYV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/omh-vs-spyv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/omh-vs-spyv/)
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Related comparisons
Hubs: OMH correlations · SPYV correlations
