BLDR vs DHI: Correlation
Measured on weekly returns over the past three years, Builders FirstSource (BLDR) and D. R. Horton (DHI) carry a correlation of 0.75, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and DHI?
Across a 3-year window, the weekly returns of BLDR and DHI correlate at 0.75, strong. Recent behaviour matches the longer record: 0.77 over 1 year against 0.75 over 3. Stretching to 5 years gives 0.71, with an annualized covariance of 1146.3 %².
By 3-year correlation, DHI places #5 of the 48 assets tracked against BLDR. Correlation aside, the last 12 months split them widely, with DHI ahead by 40.4 points (-52.6% versus -12.2%). Across three years, the rolling one-year figure varied moderately, from 0.51 to 0.78.
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.
BLDR vs DHI: side by side
| BLDR (Builders FirstSource) | DHI (D. R. Horton) | |
|---|---|---|
| 1-year return | -52.6% | -12.2% |
| 5-year return | +25.8% | +59.2% |
| Volatility (ann.) | 45.6% | 33.5% |
| Beta vs S&P 500 | 1.36 | 0.79 |
| Max drawdown (3Y) | -68.7% | -41.3% |
| Market cap | $7.2B | $40.6B |
| P/E (trailing) | 74.7 | 14.2 |
| Dividend yield | 0.00% | 1.17% |
| Sector / category | Industrials | Consumer Discretionary |
Year-by-year returns
| Year | BLDR | DHI |
|---|---|---|
| 2022 | -24.3% | -16.8% |
| 2023 | +157.3% | +72.1% |
| 2024 | -14.4% | -7.2% |
| 2025 | -28.0% | +4.2% |
| 2026 | -34.7% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and DHI good diversifiers for each other?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BLDR and DHI?
The BLDR/DHI correlation stands at 0.75 on a 3-year window (1 year: 0.77, 5 years: 0.71), computed from weekly returns as of 2026-08-27.
Is DHI a good diversifier for BLDR?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.75 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bldr-vs-dhi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bldr-vs-dhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLDR correlations · DHI correlations
