DFH vs GRF: Correlation
Dream Finders Homes, Inc. (DFH) and Eagle Capital Growth Fund, Inc. (GRF) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and GRF?
Across a 3-year window, the weekly returns of DFH and GRF correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.33 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.25, with an annualized covariance of 422.4 %².
By 3-year correlation, GRF places #12 of the 17 assets tracked against DFH. Correlation aside, the last 12 months split them widely, with GRF ahead by 58.5 points (-48.8% versus +9.7%). One caveat on sizing: DFH is 2.8 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 GRF: side by side
| DFH (Dream Finders Homes, Inc.) | GRF (Eagle Capital Growth Fund, Inc.) | |
|---|---|---|
| 1-year return | -48.8% | +9.7% |
| 5-year return | -30.7% | +56.2% |
| Volatility (ann.) | 54.8% | 19.6% |
| Beta vs S&P 500 | 1.62 | 0.31 |
| Max drawdown (3Y) | -71.3% | -17.8% |
| Market cap | $1.3B | – |
| P/E (trailing) | 10.4 | 10.5 |
| Dividend yield | 0.00% | 8.10% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFH | GRF |
|---|---|---|
| 2022 | -55.5% | -6.5% |
| 2023 | +310.3% | +14.9% |
| 2024 | -34.5% | +10.3% |
| 2025 | -26.5% | +19.1% |
| 2026 | -16.0% | -1.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and GRF good diversifiers for each other?
Reasonably. At 0.39, DFH and GRF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DFH and GRF?
The DFH/GRF correlation stands at 0.39 on a 3-year window (1 year: 0.33, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is GRF a good diversifier for DFH?
Reasonably. At 0.39, DFH and GRF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dfh-vs-grf.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: DFH correlations · GRF correlations
