AKA vs SDHC: Correlation
a.k.a. Brands Holding Corp. (AKA) and Smith Douglas Homes Corp. (SDHC) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKA and SDHC?
On 3 years of weekly data the AKA/SDHC correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.31) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1972.5 %².
SDHC is one of the assets that tracks AKA most closely: it ranks #3 out of the 11 assets we track against AKA. Correlation aside, the last 12 months split them widely, with AKA ahead by 32.0 points (-6.3% versus -38.3%). Risk is not evenly split, since AKA carries 2.2 times the volatility of the other side.
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.
AKA vs SDHC: side by side
| AKA (a.k.a. Brands Holding Corp.) | SDHC (Smith Douglas Homes Corp.) | |
|---|---|---|
| 1-year return | -6.3% | -38.3% |
| 5-year return | -91.2% | n/a |
| Volatility (ann.) | 108.8% | 49.6% |
| Beta vs S&P 500 | 1.32 | 1.07 |
| Max drawdown (3Y) | -76.3% | -72.0% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 16.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AKA | SDHC |
|---|---|---|
| 2022 | -86.3% | – |
| 2023 | -47.2% | – |
| 2024 | +132.5% | – |
| 2025 | -42.8% | -34.6% |
| 2026 | -1.3% | -27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKA and SDHC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AKA and SDHC?
As of 2026-08-27, the correlation of weekly returns between AKA and SDHC is 0.37 over 3 years, 0.31 over 1 year and n/a over 5 years.
Is SDHC a good diversifier for AKA?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 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/aka-vs-sdhc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aka-vs-sdhc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AKA correlations · SDHC correlations
