BLDR vs PHM: Correlation
Builders FirstSource (BLDR) and PulteGroup (PHM) show a strong relationship: their 3-year correlation of weekly returns is 0.79.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLDR and PHM?
Over the past 3 years, BLDR and PHM moved with a correlation of 0.79, which is strong. Recent behaviour matches the longer record: 0.78 over 1 year against 0.79 over 3. Over 5 years the correlation is 0.75, and the annualized covariance of weekly returns is 1160.4 %².
Few assets follow BLDR as closely as PHM, which ranks #1 of 48 tracked partners. Their recent paths diverged sharply: over the last 12 months PHM outperformed by 50.1 percentage points (-52.6% for BLDR against -2.5% for PHM). Stability stands out here, with the rolling one-year correlation confined to 0.65 through 0.80.
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 PHM: side by side
| BLDR (Builders FirstSource) | PHM (PulteGroup) | |
|---|---|---|
| 1-year return | -52.6% | -2.5% |
| 5-year return | +25.8% | +145.5% |
| Volatility (ann.) | 45.6% | 32.2% |
| Beta vs S&P 500 | 1.36 | 0.82 |
| Max drawdown (3Y) | -68.7% | -38.0% |
| Market cap | $7.2B | – |
| P/E (trailing) | 74.7 | 13.3 |
| Dividend yield | 0.00% | 0.77% |
| Sector / category | Industrials | Consumer Discretionary |
Year-by-year returns
| Year | BLDR | PHM |
|---|---|---|
| 2022 | -24.3% | -19.2% |
| 2023 | +157.3% | +128.8% |
| 2024 | -14.4% | +6.2% |
| 2025 | -28.0% | +8.5% |
| 2026 | -34.7% | +8.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLDR and PHM good diversifiers for each other?
Somewhat, no more. With 0.79 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BLDR and PHM?
Using weekly returns as of 2026-08-27: 0.79 over 3 years, with 0.78 over the last year and 0.75 over 5 years.
Is PHM a good diversifier for BLDR?
Somewhat, no more. With 0.79 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.79 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-phm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bldr-vs-phm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLDR correlations · PHM correlations
