OMH vs SWK: Correlation
Measured on weekly returns over the past three years, Ohmyhome Limited - Class A (OMH) and Stanley Black & Decker (SWK) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and SWK?
Across a 3-year window, the weekly returns of OMH and SWK correlate at -0.17, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.09) runs above the 3-year figure (-0.17). Stretching to 5 years gives n/a, with an annualized covariance of -2678.2 %².
Within OMH's tracked universe of 72 assets, SWK comes in at #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SWK outperformed by 130.6 percentage points (-93.6% for OMH against +37.0% for SWK). Risk is not evenly split, since OMH carries 12.7 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 SWK: side by side
| OMH (Ohmyhome Limited - Class A) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | -93.6% | +37.0% |
| 5-year return | n/a | -39.1% |
| Volatility (ann.) | 448.2% | 35.4% |
| Beta vs S&P 500 | -3.85 | 1.19 |
| Max drawdown (3Y) | -97.9% | -48.3% |
| Market cap | – | $15.0B |
| P/E (trailing) | – | 24.4 |
| Dividend yield | 0.00% | 3.33% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | OMH | SWK |
|---|---|---|
| 2022 | – | -58.9% |
| 2023 | – | +35.6% |
| 2024 | -73.9% | -15.2% |
| 2025 | +102.0% | -3.2% |
| 2026 | -90.6% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and SWK 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 SWK?
As of 2026-08-27, the correlation of weekly returns between OMH and SWK is -0.17 over 3 years, 0.09 over 1 year and n/a over 5 years.
Is SWK 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
$ curl https://www.pairbook.io/api/v1/pairs/omh-vs-swk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/omh-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OMH correlations · SWK correlations
