PHM vs TSCO: Correlation
How closely do PulteGroup (PHM) and Tractor Supply (TSCO) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHM and TSCO?
Across a 3-year window, the weekly returns of PHM and TSCO correlate at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 400.4 %².
By 3-year correlation, TSCO places #32 of the 47 assets tracked against PHM. Their recent paths diverged sharply: over the last 12 months PHM outperformed by 40.5 percentage points (-2.5% for PHM against -43.0% for TSCO). On a rolling one-year basis the correlation drifted between 0.29 and 0.65, 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 TSCO: side by side
| PHM (PulteGroup) | TSCO (Tractor Supply) | |
|---|---|---|
| 1-year return | -2.5% | -43.0% |
| 5-year return | +145.5% | -1.7% |
| Volatility (ann.) | 32.2% | 28.5% |
| Beta vs S&P 500 | 0.82 | 0.67 |
| Max drawdown (3Y) | -38.0% | -52.7% |
| Market cap | – | $18.1B |
| P/E (trailing) | 13.3 | 18.3 |
| Dividend yield | 0.77% | 2.68% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | PHM | TSCO |
|---|---|---|
| 2022 | -19.2% | -4.0% |
| 2023 | +128.8% | -2.6% |
| 2024 | +6.2% | +25.4% |
| 2025 | +8.5% | -4.2% |
| 2026 | +8.6% | -29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHM and TSCO good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PHM and TSCO?
The PHM/TSCO correlation stands at 0.44 on a 3-year window (1 year: 0.36, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is TSCO a good diversifier for PHM?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
A reading of 0.44 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/phm-vs-tsco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/phm-vs-tsco/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PHM correlations · TSCO correlations
