BHM vs FTH: Correlation
How closely do Bluerock Homes Trust, Inc. (BHM) and Faeth Therapeutics, Inc. (FTH) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHM and FTH?
Across a 3-year window, the weekly returns of BHM and FTH correlate at 0.33, moderate. The link has tightened recently: the 1-year correlation (0.49) runs above the 3-year figure (0.33). Stretching to 5 years gives 0.30, with an annualized covariance of 2616.7 %².
FTH is one of the assets that tracks BHM most closely: it ranks #1 out of the 18 assets we track against BHM. Correlation aside, the last 12 months split them widely, with FTH ahead by 355.2 points (-34.5% versus +320.7%). Risk is not evenly split, since FTH carries 4.6 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.
BHM vs FTH: side by side
| BHM (Bluerock Homes Trust, Inc.) | FTH (Faeth Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | -34.5% | +320.7% |
| 5-year return | n/a | -83.6% |
| Volatility (ann.) | 41.3% | 189.5% |
| Beta vs S&P 500 | 0.13 | 1.77 |
| Max drawdown (3Y) | -54.9% | -84.3% |
| Market cap | $0.1B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 5.85% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHM | FTH |
|---|---|---|
| 2022 | – | -74.3% |
| 2023 | -29.7% | -53.6% |
| 2024 | -5.1% | -29.2% |
| 2025 | -15.9% | +8.9% |
| 2026 | -19.4% | +216.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHM and FTH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BHM and FTH?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.49 over the last year and 0.30 over 5 years.
Is FTH a good diversifier for BHM?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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-fth.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bhm-vs-fth/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BHM correlations · FTH correlations
