DFH vs NVR: Correlation
Measured on weekly returns over the past three years, Dream Finders Homes, Inc. (DFH) and NVR, Inc. (NVR) carry a correlation of 0.71, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and NVR?
Across a 3-year window, the weekly returns of DFH and NVR correlate at 0.71, strong. Recent behaviour matches the longer record: 0.62 over 1 year against 0.71 over 3. Stretching to 5 years gives 0.67, with an annualized covariance of 908.1 %².
By 3-year correlation, NVR places #9 of the 17 assets tracked against DFH. Their recent paths diverged sharply: over the last 12 months NVR outperformed by 28.0 percentage points (-48.8% for DFH against -20.8% for NVR). Note the risk asymmetry: DFH runs 2.3 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 NVR: side by side
| DFH (Dream Finders Homes, Inc.) | NVR (NVR, Inc.) | |
|---|---|---|
| 1-year return | -48.8% | -20.8% |
| 5-year return | -30.7% | +24.2% |
| Volatility (ann.) | 54.8% | 23.4% |
| Beta vs S&P 500 | 1.62 | 0.53 |
| Max drawdown (3Y) | -71.3% | -43.9% |
| Market cap | $1.3B | $17.0B |
| P/E (trailing) | 10.4 | 16.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | DFH | NVR |
|---|---|---|
| 2022 | -55.5% | -21.9% |
| 2023 | +310.3% | +51.8% |
| 2024 | -34.5% | +16.8% |
| 2025 | -26.5% | -10.8% |
| 2026 | -16.0% | -12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and NVR good diversifiers for each other?
To a limited degree. At 0.71 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 NVR?
Using weekly returns as of 2026-08-27: 0.71 over 3 years, with 0.62 over the last year and 0.67 over 5 years.
Is NVR a good diversifier for DFH?
To a limited degree. At 0.71 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 0.71 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-nvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dfh-vs-nvr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFH correlations · NVR correlations
