HD vs PHM: Correlation
Home Depot (The) (HD) and PulteGroup (PHM) show a strong relationship: their 3-year correlation of weekly returns is 0.70.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HD and PHM?
On 3 years of weekly data the HD/PHM correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.74 lands near the 3-year figure. The 5-year figure is 0.66, and annualized covariance runs at 536.6 %².
By 3-year correlation, PHM places #10 of the 54 assets tracked against HD. On 12-month performance PHM holds a 14.9-point edge, -17.4% against -2.5%. Stability stands out here, with the rolling one-year correlation confined to 0.58 through 0.77.
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.
HD vs PHM: side by side
| HD (Home Depot (The)) | PHM (PulteGroup) | |
|---|---|---|
| 1-year return | -17.4% | -2.5% |
| 5-year return | +13.8% | +145.5% |
| Volatility (ann.) | 23.6% | 32.2% |
| Beta vs S&P 500 | 0.87 | 0.82 |
| Max drawdown (3Y) | -28.8% | -38.0% |
| Market cap | $327.9B | – |
| P/E (trailing) | 23.4 | 13.3 |
| Dividend yield | 1.38% | 0.77% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HD | PHM |
|---|---|---|
| 2022 | -22.0% | -19.2% |
| 2023 | +12.8% | +128.8% |
| 2024 | +15.0% | +6.2% |
| 2025 | -9.3% | +8.5% |
| 2026 | -3.1% | +8.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HD and PHM good diversifiers for each other?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HD and PHM?
The HD/PHM correlation stands at 0.70 on a 3-year window (1 year: 0.74, 5 years: 0.66), computed from weekly returns as of 2026-08-27.
Is PHM a good diversifier for HD?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.70 mean?
A reading of 0.70 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/hd-vs-phm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hd-vs-phm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HD correlations · PHM correlations
