DFH vs LII: Correlation
How closely do Dream Finders Homes, Inc. (DFH) and Lennox International (LII) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and LII?
Over the past 3 years, DFH and LII moved with a correlation of 0.56, which is moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 977.1 %².
Among the 17 assets we track against DFH, LII ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LII ahead by 18.5 points (-48.8% versus -30.3%). Note the risk asymmetry: DFH runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 LII: side by side
| DFH (Dream Finders Homes, Inc.) | LII (Lennox International) | |
|---|---|---|
| 1-year return | -48.8% | -30.3% |
| 5-year return | -30.7% | +23.7% |
| Volatility (ann.) | 54.8% | 32.0% |
| Beta vs S&P 500 | 1.62 | 0.96 |
| Max drawdown (3Y) | -71.3% | -41.7% |
| Market cap | $1.3B | $13.5B |
| P/E (trailing) | 10.4 | 17.5 |
| Dividend yield | 0.00% | 1.34% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | DFH | LII |
|---|---|---|
| 2022 | -55.5% | -24.9% |
| 2023 | +310.3% | +89.5% |
| 2024 | -34.5% | +37.3% |
| 2025 | -26.5% | -19.5% |
| 2026 | -16.0% | -19.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and LII good diversifiers for each other?
To a limited degree. At 0.56 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 DFH and LII?
The DFH/LII correlation stands at 0.56 on a 3-year window (1 year: 0.57, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is LII a good diversifier for DFH?
To a limited degree. At 0.56 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 0.56 mean?
On the −1 to +1 scale, 0.56 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-lii.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dfh-vs-lii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DFH correlations · LII correlations
