JBSS vs SDHC: Correlation
Measured on weekly returns over the past three years, John B. Sanfilippo & Son, Inc. (JBSS) and Smith Douglas Homes Corp. (SDHC) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JBSS and SDHC?
Across a 3-year window, the weekly returns of JBSS and SDHC correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 533.3 %².
Few assets follow JBSS as closely as SDHC, which ranks #3 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with JBSS ahead by 57.5 points (+19.2% versus -38.3%). Note the risk asymmetry: SDHC runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
JBSS vs SDHC: side by side
| JBSS (John B. Sanfilippo & Son, Inc.) | SDHC (Smith Douglas Homes Corp.) | |
|---|---|---|
| 1-year return | +19.2% | -38.3% |
| 5-year return | +6.4% | n/a |
| Volatility (ann.) | 28.6% | 49.6% |
| Beta vs S&P 500 | 0.21 | 1.07 |
| Max drawdown (3Y) | -43.7% | -72.0% |
| Market cap | $0.9B | $0.1B |
| P/E (trailing) | 14.1 | 16.9 |
| Dividend yield | 1.25% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JBSS | SDHC |
|---|---|---|
| 2022 | -5.9% | – |
| 2023 | +30.9% | – |
| 2024 | -12.8% | – |
| 2025 | -15.8% | -34.6% |
| 2026 | +9.3% | -27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JBSS and SDHC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JBSS and SDHC?
As of 2026-08-27, the correlation of weekly returns between JBSS and SDHC is 0.37 over 3 years, 0.47 over 1 year and n/a over 5 years.
Is SDHC a good diversifier for JBSS?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/jbss-vs-sdhc.json
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[](https://www.pairbook.io/pair/jbss-vs-sdhc/)
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Related comparisons
Hubs: JBSS correlations · SDHC correlations
