KBH vs NVR: Correlation
How closely do KB Home (KBH) and NVR, Inc. (NVR) trade together? Their weekly returns over three years give a correlation of 0.75, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KBH and NVR?
On 3 years of weekly data the KBH/NVR correlation comes out at 0.75, strong. Little has changed lately, as the 1-year reading of 0.69 lands near the 3-year figure. The 5-year figure is 0.76, and annualized covariance runs at 624.2 %².
Among the 27 assets we track against KBH, NVR ranks #8 by 3-year correlation. The trailing year gives KBH the advantage: -12.1% versus -20.8%, a 8.7-point spread. Risk is not evenly split, since KBH carries 1.5 times the volatility of the other side.
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.
KBH vs NVR: side by side
| KBH (KB Home) | NVR (NVR, Inc.) | |
|---|---|---|
| 1-year return | -12.1% | -20.8% |
| 5-year return | +37.4% | +24.2% |
| Volatility (ann.) | 35.8% | 23.4% |
| Beta vs S&P 500 | 0.78 | 0.53 |
| Max drawdown (3Y) | -48.3% | -43.9% |
| Market cap | – | $17.0B |
| P/E (trailing) | 13.6 | 16.6 |
| Dividend yield | 1.78% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | KBH | NVR |
|---|---|---|
| 2022 | -27.5% | -21.9% |
| 2023 | +99.0% | +51.8% |
| 2024 | +6.6% | +16.8% |
| 2025 | -12.7% | -10.8% |
| 2026 | -1.7% | -12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KBH and NVR good diversifiers for each other?
Only partially. A correlation of 0.75 means KBH and NVR 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 KBH and NVR?
The KBH/NVR correlation stands at 0.75 on a 3-year window (1 year: 0.69, 5 years: 0.76), computed from weekly returns as of 2026-08-27.
Is NVR a good diversifier for KBH?
Only partially. A correlation of 0.75 means KBH and NVR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.75 mean?
On the −1 to +1 scale, 0.75 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/kbh-vs-nvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kbh-vs-nvr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KBH correlations · NVR correlations
