ARBB vs BHM: Correlation
ARB IOT Group Limited (ARBB) and Bluerock Homes Trust, Inc. (BHM) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARBB and BHM?
Across a 3-year window, the weekly returns of ARBB and BHM correlate at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -1326.5 %².
Out of 12 assets tracked against ARBB, BHM lands near the bottom at #11. The last year tells two different stories: ARBB led by 35.3 percentage points, +0.8% for ARBB against -34.5% for BHM. Note the risk asymmetry: ARBB runs 4.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ARBB vs BHM: side by side
| ARBB (ARB IOT Group Limited) | BHM (Bluerock Homes Trust, Inc.) | |
|---|---|---|
| 1-year return | +0.8% | -34.5% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 167.6% | 41.3% |
| Beta vs S&P 500 | 0.32 | 0.13 |
| Max drawdown (3Y) | -90.3% | -54.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 5.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARBB | BHM |
|---|---|---|
| 2023 | – | -29.7% |
| 2024 | -80.7% | -5.1% |
| 2025 | -21.7% | -15.9% |
| 2026 | -26.0% | -19.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARBB and BHM good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between ARBB and BHM?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.18 over the last year and n/a over 5 years.
Is BHM a good diversifier for ARBB?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/arbb-vs-bhm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arbb-vs-bhm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARBB correlations · BHM correlations
