PHM vs SWK: Correlation
How closely do PulteGroup (PHM) and Stanley Black & Decker (SWK) trade together? Their weekly returns over three years give a correlation of 0.66, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHM and SWK?
On 3 years of weekly data the PHM/SWK correlation comes out at 0.66, strong. The link has tightened recently: the 1-year correlation (0.77) runs above the 3-year figure (0.66). The 5-year figure is 0.67, and annualized covariance runs at 754.7 %².
By 3-year correlation, SWK places #21 of the 47 assets tracked against PHM. Correlation aside, the last 12 months split them widely, with SWK ahead by 39.5 points (-2.5% versus +37.0%). On a rolling one-year basis the correlation drifted between 0.51 and 0.77, a moderate band.
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.
PHM vs SWK: side by side
| PHM (PulteGroup) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | -2.5% | +37.0% |
| 5-year return | +145.5% | -39.1% |
| Volatility (ann.) | 32.2% | 35.4% |
| Beta vs S&P 500 | 0.82 | 1.19 |
| Max drawdown (3Y) | -38.0% | -48.3% |
| Market cap | – | $15.0B |
| P/E (trailing) | 13.3 | 24.4 |
| Dividend yield | 0.77% | 3.33% |
| Sector / category | Consumer Discretionary | Industrials |
Year-by-year returns
| Year | PHM | SWK |
|---|---|---|
| 2022 | -19.2% | -58.9% |
| 2023 | +128.8% | +35.6% |
| 2024 | +6.2% | -15.2% |
| 2025 | +8.5% | -3.2% |
| 2026 | +8.6% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHM and SWK good diversifiers for each other?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PHM and SWK?
As of 2026-08-27, the correlation of weekly returns between PHM and SWK is 0.66 over 3 years, 0.77 over 1 year and 0.67 over 5 years.
Is SWK a good diversifier for PHM?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.66 mean?
On the −1 to +1 scale, 0.66 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/phm-vs-swk.json
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[](https://www.pairbook.io/pair/phm-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PHM correlations · SWK correlations
