DHI vs SDHC: Correlation
How closely do D. R. Horton (DHI) and Smith Douglas Homes Corp. (SDHC) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DHI and SDHC?
Across a 3-year window, the weekly returns of DHI and SDHC correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.59 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 1012.9 %².
Within DHI's tracked universe of 31 assets, SDHC comes in at #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DHI ahead by 26.1 points (-12.2% versus -38.3%).
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.
DHI vs SDHC: side by side
| DHI (D. R. Horton) | SDHC (Smith Douglas Homes Corp.) | |
|---|---|---|
| 1-year return | -12.2% | -38.3% |
| 5-year return | +59.2% | n/a |
| Volatility (ann.) | 33.5% | 49.6% |
| Beta vs S&P 500 | 0.79 | 1.07 |
| Max drawdown (3Y) | -41.3% | -72.0% |
| Market cap | $40.6B | $0.1B |
| P/E (trailing) | 14.2 | 16.9 |
| Dividend yield | 1.17% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DHI | SDHC |
|---|---|---|
| 2022 | -16.8% | – |
| 2023 | +72.1% | – |
| 2024 | -7.2% | – |
| 2025 | +4.2% | -34.6% |
| 2026 | +1.8% | -27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DHI and SDHC good diversifiers for each other?
Only partially. A correlation of 0.62 means DHI and SDHC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DHI and SDHC?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.59 over the last year and n/a over 5 years.
Is SDHC a good diversifier for DHI?
Only partially. A correlation of 0.62 means DHI and SDHC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
A reading of 0.62 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/dhi-vs-sdhc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dhi-vs-sdhc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DHI correlations · SDHC correlations
