DFH vs PHM: Correlation
Measured on weekly returns over the past three years, Dream Finders Homes, Inc. (DFH) and PulteGroup (PHM) carry a correlation of 0.78, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFH and PHM?
On 3 years of weekly data the DFH/PHM correlation comes out at 0.78, strong. The relationship has been stable: the 1-year correlation (0.73) sits close to the 3-year figure. The 5-year figure is 0.71, and annualized covariance runs at 1374.4 %².
PHM is one of the assets that tracks DFH most closely: it ranks #2 out of the 17 assets we track against DFH. Correlation aside, the last 12 months split them widely, with PHM ahead by 46.3 points (-48.8% versus -2.5%). Risk is not evenly split, since DFH carries 1.7 times the volatility of the other side.
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 PHM: side by side
| DFH (Dream Finders Homes, Inc.) | PHM (PulteGroup) | |
|---|---|---|
| 1-year return | -48.8% | -2.5% |
| 5-year return | -30.7% | +145.5% |
| Volatility (ann.) | 54.8% | 32.2% |
| Beta vs S&P 500 | 1.62 | 0.82 |
| Max drawdown (3Y) | -71.3% | -38.0% |
| Market cap | $1.3B | – |
| P/E (trailing) | 10.4 | 13.3 |
| Dividend yield | 0.00% | 0.77% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | DFH | PHM |
|---|---|---|
| 2022 | -55.5% | -19.2% |
| 2023 | +310.3% | +128.8% |
| 2024 | -34.5% | +6.2% |
| 2025 | -26.5% | +8.5% |
| 2026 | -16.0% | +8.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFH and PHM good diversifiers for each other?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DFH and PHM?
As of 2026-08-27, the correlation of weekly returns between DFH and PHM is 0.78 over 3 years, 0.73 over 1 year and 0.71 over 5 years.
Is PHM a good diversifier for DFH?
Somewhat, no more. With 0.78 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.78 mean?
On the −1 to +1 scale, 0.78 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-phm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dfh-vs-phm/)
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Related comparisons
Hubs: DFH correlations · PHM correlations
