OSW vs SYF: Correlation
OneSpaWorld Holdings Limited (OSW) and Synchrony Financial (SYF) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OSW and SYF?
Across a 3-year window, the weekly returns of OSW and SYF correlate at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 518.7 %².
SYF is one of the assets that tracks OSW most closely: it ranks #3 out of the 10 assets we track against OSW. On 12-month performance OSW holds a 7.9-point edge, +15.2% against +7.3%.
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.
OSW vs SYF: side by side
| OSW (OneSpaWorld Holdings Limited) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +15.2% | +7.3% |
| 5-year return | +153.8% | +81.0% |
| Volatility (ann.) | 31.3% | 31.6% |
| Beta vs S&P 500 | 0.89 | 1.28 |
| Max drawdown (3Y) | -34.6% | -37.7% |
| Market cap | $2.7B | $26.0B |
| P/E (trailing) | 33.1 | 8.2 |
| Dividend yield | 0.72% | 1.50% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | OSW | SYF |
|---|---|---|
| 2022 | -6.9% | -27.4% |
| 2023 | +51.1% | +19.8% |
| 2024 | +41.8% | +74.0% |
| 2025 | +5.1% | +30.6% |
| 2026 | +27.0% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OSW and SYF good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between OSW and SYF?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.49 over the last year and 0.42 over 5 years.
Is SYF a good diversifier for OSW?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/osw-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/osw-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OSW correlations · SYF correlations