SYF vs VSXY: Correlation
Measured on weekly returns over the past three years, Synchrony Financial (SYF) and Victorias Secret & Co. (VSXY) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SYF and VSXY?
On 3 years of weekly data the SYF/VSXY correlation comes out at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.52) sits close to the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 1106.4 %².
Among the 43 assets we track against SYF, VSXY ranks #31 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VSXY outperformed by 286.5 percentage points (+7.3% for SYF against +293.8% for VSXY). One caveat on sizing: VSXY is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SYF vs VSXY: side by side
| SYF (Synchrony Financial) | VSXY (Victorias Secret & Co.) | |
|---|---|---|
| 1-year return | +7.3% | +293.8% |
| 5-year return | +81.0% | +34.1% |
| Volatility (ann.) | 31.6% | 74.0% |
| Beta vs S&P 500 | 1.28 | 1.73 |
| Max drawdown (3Y) | -37.7% | -69.5% |
| Market cap | $26.0B | $7.1B |
| P/E (trailing) | 8.2 | 35.7 |
| Dividend yield | 1.50% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | SYF | VSXY |
|---|---|---|
| 2022 | -27.4% | -35.6% |
| 2023 | +19.8% | -25.8% |
| 2024 | +74.0% | +56.1% |
| 2025 | +30.6% | +30.8% |
| 2026 | -3.0% | +65.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SYF and VSXY good diversifiers for each other?
Reasonably. At 0.47, SYF and VSXY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SYF and VSXY?
The SYF/VSXY correlation stands at 0.47 on a 3-year window (1 year: 0.52, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is VSXY a good diversifier for SYF?
Reasonably. At 0.47, SYF and VSXY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/syf-vs-vsxy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/syf-vs-vsxy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SYF correlations · VSXY correlations
