BHM vs DRTS: Correlation
Bluerock Homes Trust, Inc. (BHM) and Alpha Tau Medical Ltd. (DRTS) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHM and DRTS?
On 3 years of weekly data the BHM/DRTS correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.26 over 1 year against -0.18 over 3. The 5-year figure is -0.15, and annualized covariance runs at -430.1 %².
Among the 18 assets we track against BHM, DRTS ranks #12 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DRTS outperformed by 374.0 percentage points (-34.5% for BHM against +339.5% for DRTS).
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.
BHM vs DRTS: side by side
| BHM (Bluerock Homes Trust, Inc.) | DRTS (Alpha Tau Medical Ltd.) | |
|---|---|---|
| 1-year return | -34.5% | +339.5% |
| 5-year return | n/a | +50.5% |
| Volatility (ann.) | 41.3% | 58.3% |
| Beta vs S&P 500 | 0.13 | 0.85 |
| Max drawdown (3Y) | -54.9% | -48.3% |
| Market cap | $0.1B | $1.4B |
| P/E (trailing) | – | – |
| Dividend yield | 5.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHM | DRTS |
|---|---|---|
| 2022 | – | -67.6% |
| 2023 | -29.7% | -5.3% |
| 2024 | -5.1% | +3.0% |
| 2025 | -15.9% | +59.7% |
| 2026 | -19.4% | +199.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHM and DRTS good diversifiers for each other?
Yes. With a correlation of -0.18, BHM and DRTS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BHM and DRTS?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.26 over the last year and -0.15 over 5 years.
Is DRTS a good diversifier for BHM?
Yes. With a correlation of -0.18, BHM and DRTS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/bhm-vs-drts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bhm-vs-drts/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BHM correlations · DRTS correlations
