DFH vs IBP: Correlation
How closely do Dream Finders Homes, Inc. (DFH) and Installed Building Products, Inc. (IBP) trade together? Their weekly returns over three years give a correlation of 0.72, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and IBP?
On 3 years of weekly data the DFH/IBP correlation comes out at 0.72, strong. The past 12 months show a weaker link (0.60) than the 3-year average (0.72). The 5-year figure is 0.68, and annualized covariance runs at 1808.1 %².
By 3-year correlation, IBP places #8 of the 17 assets tracked against DFH. Their recent paths diverged sharply: over the last 12 months IBP outperformed by 39.5 percentage points (-48.8% for DFH against -9.3% for IBP).
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 IBP: side by side
| DFH (Dream Finders Homes, Inc.) | IBP (Installed Building Products, Inc.) | |
|---|---|---|
| 1-year return | -48.8% | -9.3% |
| 5-year return | -30.7% | +107.4% |
| Volatility (ann.) | 54.8% | 45.9% |
| Beta vs S&P 500 | 1.62 | 1.13 |
| Max drawdown (3Y) | -71.3% | -42.7% |
| Market cap | $1.3B | $6.4B |
| P/E (trailing) | 10.4 | 26.5 |
| Dividend yield | 0.00% | 0.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFH | IBP |
|---|---|---|
| 2022 | -55.5% | -37.3% |
| 2023 | +310.3% | +117.6% |
| 2024 | -34.5% | -2.9% |
| 2025 | -26.5% | +50.6% |
| 2026 | -16.0% | -6.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and IBP good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DFH and IBP?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.60 over the last year and 0.68 over 5 years.
Is IBP a good diversifier for DFH?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
A reading of 0.72 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
$ curl https://www.pairbook.io/api/v1/pairs/dfh-vs-ibp.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dfh-vs-ibp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFH correlations · IBP correlations
