RF vs SYF: Correlation
Regions Financial Corporation (RF) and Synchrony Financial (SYF) show a strong relationship: their 3-year correlation of weekly returns is 0.74.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RF and SYF?
Over the past 3 years, RF and SYF moved with a correlation of 0.74, which is strong. The link has loosened recently: the 1-year correlation (0.61) runs below the 3-year figure (0.74). Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 682.4 %².
By 3-year correlation, SYF places #19 of the 44 assets tracked against RF. Over the last 12 months RF came out ahead by 8.1 percentage points (+15.4% against +7.3%). On a rolling one-year basis the correlation drifted between 0.62 and 0.87, a moderate band.
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.
RF vs SYF: side by side
| RF (Regions Financial Corporation) | SYF (Synchrony Financial) | |
|---|---|---|
| 1-year return | +15.4% | +7.3% |
| 5-year return | +83.5% | +81.0% |
| Volatility (ann.) | 29.2% | 31.6% |
| Beta vs S&P 500 | 1.09 | 1.28 |
| Max drawdown (3Y) | -31.9% | -37.7% |
| Market cap | $25.9B | $26.0B |
| P/E (trailing) | 12.4 | 8.2 |
| Dividend yield | 3.45% | 1.50% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | RF | SYF |
|---|---|---|
| 2022 | +2.3% | -27.4% |
| 2023 | -5.7% | +19.8% |
| 2024 | +27.0% | +74.0% |
| 2025 | +20.2% | +30.6% |
| 2026 | +14.3% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RF and SYF good diversifiers for each other?
Somewhat, no more. With 0.74 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RF and SYF?
As of 2026-08-27, the correlation of weekly returns between RF and SYF is 0.74 over 3 years, 0.61 over 1 year and 0.72 over 5 years.
Is SYF a good diversifier for RF?
Somewhat, no more. With 0.74 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.74 mean?
On the −1 to +1 scale, 0.74 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/rf-vs-syf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rf-vs-syf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RF correlations · SYF correlations
