BLDR vs KBH: Correlation
How closely do Builders FirstSource (BLDR) and KB Home (KBH) trade together? Their weekly returns over three years give a correlation of 0.73, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and KBH?
Over the past 3 years, BLDR and KBH moved with a correlation of 0.73, which is strong. The relationship has been stable: the 1-year correlation (0.69) sits close to the 3-year figure. Over 5 years the correlation is 0.69, and the annualized covariance of weekly returns is 1183.7 %².
By 3-year correlation, KBH places #9 of the 48 assets tracked against BLDR. Correlation aside, the last 12 months split them widely, with KBH ahead by 40.5 points (-52.6% versus -12.1%).
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 KBH: side by side
| BLDR (Builders FirstSource) | KBH (KB Home) | |
|---|---|---|
| 1-year return | -52.6% | -12.1% |
| 5-year return | +25.8% | +37.4% |
| Volatility (ann.) | 45.6% | 35.8% |
| Beta vs S&P 500 | 1.36 | 0.78 |
| Max drawdown (3Y) | -68.7% | -48.3% |
| Market cap | $7.2B | – |
| P/E (trailing) | 74.7 | 13.6 |
| Dividend yield | 0.00% | 1.78% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BLDR | KBH |
|---|---|---|
| 2022 | -24.3% | -27.5% |
| 2023 | +157.3% | +99.0% |
| 2024 | -14.4% | +6.6% |
| 2025 | -28.0% | -12.7% |
| 2026 | -34.7% | -1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and KBH good diversifiers for each other?
To a limited degree. At 0.73 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BLDR and KBH?
As of 2026-08-27, the correlation of weekly returns between BLDR and KBH is 0.73 over 3 years, 0.69 over 1 year and 0.69 over 5 years.
Is KBH a good diversifier for BLDR?
To a limited degree. At 0.73 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.73 mean?
A reading of 0.73 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
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Related comparisons
Hubs: BLDR correlations · KBH correlations
