PHM vs USO: Correlation
Measured on weekly returns over the past three years, PulteGroup (PHM) and United States Oil Fund (USO) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHM and USO?
On 3 years of weekly data the PHM/USO correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.40 versus -0.27 over 3 years. The 5-year figure is -0.11, and annualized covariance runs at -337.4 %².
Among the 47 assets we track against PHM, USO sits near the bottom by co-movement, at rank #45. The last year tells two different stories: USO led by 76.6 percentage points, -2.5% for PHM against +74.1% for USO. Across three years, the rolling one-year figure varied moderately, from -0.43 to 0.03.
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 USO: side by side
| PHM (PulteGroup) | USO (United States Oil Fund) | |
|---|---|---|
| 1-year return | -2.5% | +74.1% |
| 5-year return | +145.5% | +168.6% |
| Volatility (ann.) | 32.2% | 39.4% |
| Beta vs S&P 500 | 0.82 | -0.20 |
| Max drawdown (3Y) | -38.0% | -32.5% |
| Market cap | – | – |
| P/E (trailing) | 13.3 | – |
| Dividend yield | 0.77% | – |
| Sector / category | Consumer Discretionary | ETF · Commodities |
Year-by-year returns
| Year | PHM | USO |
|---|---|---|
| 2022 | -19.2% | +29.0% |
| 2023 | +128.8% | -4.9% |
| 2024 | +6.2% | +13.4% |
| 2025 | +8.5% | -8.5% |
| 2026 | +8.6% | +88.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHM and USO good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between PHM and USO?
As of 2026-08-27, the correlation of weekly returns between PHM and USO is -0.27 over 3 years, -0.40 over 1 year and -0.11 over 5 years.
Is USO a good diversifier for PHM?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
A reading of -0.27 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-uso.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/phm-vs-uso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PHM correlations · USO correlations
