OMH vs XLC: Correlation
Ohmyhome Limited - Class A (OMH) and Communication Services Select Sector SPDR Fund (XLC) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OMH and XLC?
On 3 years of weekly data the OMH/XLC correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.34) runs below the 3-year figure (-0.20). The 5-year figure is n/a, and annualized covariance runs at -1418.4 %².
Among the 72 assets we track against OMH, XLC ranks #34 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months XLC outperformed by 95.1 percentage points (-93.6% for OMH against +1.5% for XLC). Note the risk asymmetry: OMH runs 28.0 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 XLC: side by side
| OMH (Ohmyhome Limited - Class A) | XLC (Communication Services Select Sector SPDR Fund) | |
|---|---|---|
| 1-year return | -93.6% | +1.5% |
| 5-year return | n/a | +37.5% |
| Volatility (ann.) | 448.2% | 16.0% |
| Beta vs S&P 500 | -3.85 | 0.90 |
| Max drawdown (3Y) | -97.9% | -18.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.32% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $21.7B |
| Sector / category | US Listed | Sector ETF |
On the fund side, XLC sits in the Communications category at State Street Investment Management, with $21.7B under management, 24 holdings, a 0.08% expense ratio, a 1.32% trailing dividend yield.
Year-by-year returns
| Year | OMH | XLC |
|---|---|---|
| 2022 | – | -37.6% |
| 2023 | – | +52.8% |
| 2024 | -73.9% | +34.7% |
| 2025 | +102.0% | +23.1% |
| 2026 | -90.6% | -4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OMH and XLC good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between OMH and XLC?
As of 2026-08-27, the correlation of weekly returns between OMH and XLC is -0.20 over 3 years, -0.34 over 1 year and n/a over 5 years.
Is XLC a good diversifier for OMH?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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-xlc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/omh-vs-xlc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: OMH correlations · XLC correlations
