BHRB vs DOUG: Correlation
Burke & Herbert Financial Services Corp. (BHRB) and Douglas Elliman Inc. (DOUG) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHRB and DOUG?
Over the past 3 years, BHRB and DOUG moved with a correlation of 0.42, which is moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 1018.1 %².
Within BHRB's tracked universe of 16 assets, DOUG comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BHRB ahead by 46.1 points (+16.0% versus -30.1%). Risk is not evenly split, since DOUG carries 2.4 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.
BHRB vs DOUG: side by side
| BHRB (Burke & Herbert Financial Services Corp.) | DOUG (Douglas Elliman Inc.) | |
|---|---|---|
| 1-year return | +16.0% | -30.1% |
| 5-year return | +57.3% | -83.0% |
| Volatility (ann.) | 31.8% | 76.4% |
| Beta vs S&P 500 | 0.74 | 0.95 |
| Max drawdown (3Y) | -30.8% | -66.5% |
| Market cap | $1.4B | $0.2B |
| P/E (trailing) | 11.7 | 6.4 |
| Dividend yield | 3.07% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHRB | DOUG |
|---|---|---|
| 2022 | +33.3% | -63.2% |
| 2023 | -7.8% | -22.6% |
| 2024 | +2.9% | -43.4% |
| 2025 | +3.6% | +41.9% |
| 2026 | +17.8% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHRB and DOUG good diversifiers for each other?
Reasonably. At 0.42, BHRB and DOUG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BHRB and DOUG?
As of 2026-08-27, the correlation of weekly returns between BHRB and DOUG is 0.42 over 3 years, 0.45 over 1 year and 0.26 over 5 years.
Is DOUG a good diversifier for BHRB?
Reasonably. At 0.42, BHRB and DOUG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/bhrb-vs-doug.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bhrb-vs-doug/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BHRB correlations · DOUG correlations
