DFH vs MHO: Correlation
Measured on weekly returns over the past three years, Dream Finders Homes, Inc. (DFH) and M/I Homes, Inc. (MHO) carry a correlation of 0.79, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and MHO?
Across a 3-year window, the weekly returns of DFH and MHO correlate at 0.79, strong. Little has changed lately, as the 1-year reading of 0.74 lands near the 3-year figure. Stretching to 5 years gives 0.73, with an annualized covariance of 1642.8 %².
In DFH's tracked universe of 17 assets, MHO sits right near the top at #1. Correlation aside, the last 12 months split them widely, with MHO ahead by 52.2 points (-48.8% versus +3.4%).
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 MHO: side by side
| DFH (Dream Finders Homes, Inc.) | MHO (M/I Homes, Inc.) | |
|---|---|---|
| 1-year return | -48.8% | +3.4% |
| 5-year return | -30.7% | +131.4% |
| Volatility (ann.) | 54.8% | 38.2% |
| Beta vs S&P 500 | 1.62 | 0.92 |
| Max drawdown (3Y) | -71.3% | -40.6% |
| Market cap | $1.3B | $3.8B |
| P/E (trailing) | 10.4 | 12.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFH | MHO |
|---|---|---|
| 2022 | -55.5% | -25.7% |
| 2023 | +310.3% | +198.3% |
| 2024 | -34.5% | -3.5% |
| 2025 | -26.5% | -3.8% |
| 2026 | -16.0% | +18.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and MHO 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 DFH and MHO?
Using weekly returns as of 2026-08-27: 0.79 over 3 years, with 0.74 over the last year and 0.73 over 5 years.
Is MHO a good diversifier for DFH?
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/dfh-vs-mho.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dfh-vs-mho/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DFH correlations · MHO correlations
