OMH vs TGT: Correlation
How closely do Ohmyhome Limited - Class A (OMH) and Target Corporation (TGT) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and TGT?
Across a 3-year window, the weekly returns of OMH and TGT correlate at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.18 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -2526.9 %².
Within OMH's tracked universe of 72 assets, TGT comes in at #28 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TGT outperformed by 169.8 percentage points (-93.6% for OMH against +76.2% for TGT). Risk is not evenly split, since OMH carries 14.0 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 TGT: side by side
| OMH (Ohmyhome Limited - Class A) | TGT (Target Corporation) | |
|---|---|---|
| 1-year return | -93.6% | +76.2% |
| 5-year return | n/a | -22.2% |
| Volatility (ann.) | 448.2% | 32.0% |
| Beta vs S&P 500 | -3.85 | 0.62 |
| Max drawdown (3Y) | -97.9% | -49.8% |
| Market cap | – | $75.4B |
| P/E (trailing) | – | 17.2 |
| Dividend yield | 0.00% | 2.78% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | OMH | TGT |
|---|---|---|
| 2022 | – | -34.2% |
| 2023 | – | -1.4% |
| 2024 | -73.9% | -2.3% |
| 2025 | +102.0% | -24.5% |
| 2026 | -90.6% | +74.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and TGT good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between OMH and TGT?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with 0.01 over the last year and n/a over 5 years.
Is TGT a good diversifier for OMH?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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.
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Related comparisons
Hubs: OMH correlations · TGT correlations
