PNC vs SYF: Correlation
How closely do PNC Financial Services (PNC) and Synchrony Financial (SYF) trade together? Their weekly returns over three years give a correlation of 0.76, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PNC and SYF?
Over the past 3 years, PNC and SYF moved with a correlation of 0.76, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.60 versus 0.76 over 3 years. Over 5 years the correlation is 0.71, and the annualized covariance of weekly returns is 609.5 %².
Within PNC's tracked universe of 47 assets, SYF comes in at #18 by 3-year correlation. Over the last 12 months PNC came out ahead by 14.8 percentage points (+22.1% against +7.3%). Across three years, the rolling one-year figure varied moderately, from 0.61 to 0.90.
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.
PNC vs SYF: side by side
| PNC (PNC Financial Services) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +22.1% | +7.3% |
| 5-year return | +53.5% | +81.0% |
| Volatility (ann.) | 25.6% | 31.6% |
| Beta vs S&P 500 | 0.92 | 1.28 |
| Max drawdown (3Y) | -29.8% | -37.7% |
| Market cap | $97.1B | $26.0B |
| P/E (trailing) | 13.5 | 8.2 |
| Dividend yield | 2.78% | 1.50% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | PNC | SYF |
|---|---|---|
| 2022 | -18.6% | -27.4% |
| 2023 | +2.7% | +19.8% |
| 2024 | +29.4% | +74.0% |
| 2025 | +12.2% | +30.6% |
| 2026 | +19.4% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PNC and SYF good diversifiers for each other?
Somewhat, no more. With 0.76 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PNC and SYF?
As of 2026-08-27, the correlation of weekly returns between PNC and SYF is 0.76 over 3 years, 0.60 over 1 year and 0.71 over 5 years.
Is SYF a good diversifier for PNC?
Somewhat, no more. With 0.76 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.76 mean?
A reading of 0.76 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/pnc-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pnc-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PNC correlations · SYF correlations
