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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

Correlation (3Y)
0.53
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
518.7
%² · weekly, annualized

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 5000.891.28
Max drawdown (3Y)-34.6%-37.7%
Market cap$2.7B$26.0B
P/E (trailing)33.18.2
Dividend yield0.72%1.50%
Sector / categoryUS ListedFinancials
Lower P/E: SYF 8.2 vs 33.1Higher yield: SYF 1.50% vs 0.72%Smaller drawdown: OSW -34.6% vs -37.7%Higher 5y return: OSW +153.8% vs +81.0%
-15%0%+32%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. OSW · SYF

Year-by-year returns

YearOSWSYF
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/osw-vs-syf.json

OSW vs SYF: 3-year weekly correlation 0.53OSW vs SYF0.53

Drop this badge in a README or notebook; it updates with the data:

[![OSW vs SYF correlation](https://www.pairbook.io/api/v1/badge/osw-vs-syf.svg)](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