DFH vs DHI: Correlation
Dream Finders Homes, Inc. (DFH) and D. R. Horton (DHI) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and DHI?
On 3 years of weekly data the DFH/DHI correlation comes out at 0.76, strong. Little has changed lately, as the 1-year reading of 0.77 lands near the 3-year figure. The 5-year figure is 0.69, and annualized covariance runs at 1385.9 %².
Within DFH's tracked universe of 17 assets, DHI comes in at #4 by 3-year correlation. The last year tells two different stories: DHI led by 36.6 percentage points, -48.8% for DFH against -12.2% for DHI. One caveat on sizing: DFH is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DFH vs DHI: side by side
| DFH (Dream Finders Homes, Inc.) | DHI (D. R. Horton) | |
|---|---|---|
| 1-year return | -48.8% | -12.2% |
| 5-year return | -30.7% | +59.2% |
| Volatility (ann.) | 54.8% | 33.5% |
| Beta vs S&P 500 | 1.62 | 0.79 |
| Max drawdown (3Y) | -71.3% | -41.3% |
| Market cap | $1.3B | $40.6B |
| P/E (trailing) | 10.4 | 14.2 |
| Dividend yield | 0.00% | 1.17% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | DFH | DHI |
|---|---|---|
| 2022 | -55.5% | -16.8% |
| 2023 | +310.3% | +72.1% |
| 2024 | -34.5% | -7.2% |
| 2025 | -26.5% | +4.2% |
| 2026 | -16.0% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and DHI good diversifiers for each other?
Somewhat, no more. With 0.76 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DFH and DHI?
As of 2026-08-27, the correlation of weekly returns between DFH and DHI is 0.76 over 3 years, 0.77 over 1 year and 0.69 over 5 years.
Is DHI a good diversifier for DFH?
Somewhat, no more. With 0.76 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.76 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/dfh-vs-dhi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfh-vs-dhi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFH correlations · DHI correlations
