DHI vs USO: Correlation
Measured on weekly returns over the past three years, D. R. Horton (DHI) and United States Oil Fund (USO) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DHI and USO?
On 3 years of weekly data the DHI/USO correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.25 over 3. The 5-year figure is -0.12, and annualized covariance runs at -333.5 %².
Among the 31 assets we track against DHI, USO sits near the bottom by co-movement, at rank #28. Correlation aside, the last 12 months split them widely, with USO ahead by 86.3 points (-12.2% versus +74.1%). Across three years, the rolling one-year figure varied moderately, from -0.35 to 0.05.
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 USO: side by side
| DHI (D. R. Horton) | USO (United States Oil Fund) | |
|---|---|---|
| 1-year return | -12.2% | +74.1% |
| 5-year return | +59.2% | +168.6% |
| Volatility (ann.) | 33.5% | 39.4% |
| Beta vs S&P 500 | 0.79 | -0.20 |
| Max drawdown (3Y) | -41.3% | -32.5% |
| Market cap | $40.6B | – |
| P/E (trailing) | 14.2 | – |
| Dividend yield | 1.17% | – |
| Sector / category | Consumer Discretionary | ETF · Commodities |
Year-by-year returns
| Year | DHI | USO |
|---|---|---|
| 2022 | -16.8% | +29.0% |
| 2023 | +72.1% | -4.9% |
| 2024 | -7.2% | +13.4% |
| 2025 | +4.2% | -8.5% |
| 2026 | +1.8% | +88.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DHI and USO good diversifiers for each other?
Yes. With a correlation of -0.25, DHI and USO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DHI and USO?
As of 2026-08-27, the correlation of weekly returns between DHI and USO is -0.25 over 3 years, -0.33 over 1 year and -0.12 over 5 years.
Is USO a good diversifier for DHI?
Yes. With a correlation of -0.25, DHI and USO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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/dhi-vs-uso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dhi-vs-uso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DHI correlations · USO correlations
