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DLHC vs EMR: Correlation

DLH Holdings Corp. (DLHC) and Emerson Electric (EMR) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.41
long-run
Ann. covariance
494.2
%² · weekly, annualized

How correlated are DLHC and EMR?

On 3 years of weekly data the DLHC/EMR correlation comes out at 0.43, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.43 over 3. The 5-year figure is 0.41, and annualized covariance runs at 494.2 %².

Among the 10 assets we track against DLHC, EMR ranks #4 by 3-year correlation. The last year tells two different stories: EMR led by 39.1 percentage points, -19.1% for DLHC against +20.0% for EMR.

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.

DLHC vs EMR: side by side

DLHC (DLH Holdings Corp.)EMR (Emerson Electric)
1-year return-19.1%+20.0%
5-year return-61.3%+65.4%
Volatility (ann.)41.1%28.3%
Beta vs S&P 5001.071.29
Max drawdown (3Y)-84.0%-29.6%
Market cap$0.1B$88.0B
P/E (trailing)34.5
Dividend yield0.00%1.39%
Sector / categoryUS ListedIndustrials
Higher yield: EMR 1.39% vs 0.00%Smaller drawdown: EMR -29.6% vs -84.0%Higher 5y return: EMR +65.4% vs -61.3%
-23%0%+25%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DLHC · EMR

Year-by-year returns

YearDLHCEMR
2022-42.7%+5.7%
2023+32.7%+3.8%
2024-49.0%+29.7%
2025-29.6%+8.9%
2026-20.7%+20.2%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DLHC and EMR good diversifiers for each other?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DLHC and EMR?

Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.37 over the last year and 0.41 over 5 years.

Is EMR a good diversifier for DLHC?

A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.43 mean?

A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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DLHC vs EMR: 3-year weekly correlation 0.43DLHC vs EMR0.43

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Related comparisons

Hubs: DLHC correlations · EMR correlations