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PHM vs WY: Correlation

PulteGroup (PHM) and Weyerhaeuser (WY) show a strong relationship: their 3-year correlation of weekly returns is 0.65.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.65
strong
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.61
long-run
Ann. covariance
515.5
%² · weekly, annualized

How correlated are PHM and WY?

Over the past 3 years, PHM and WY moved with a correlation of 0.65, which is strong. Recent behaviour matches the longer record: 0.57 over 1 year against 0.65 over 3. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 515.5 %².

Among the 47 assets we track against PHM, WY ranks #23 by 3-year correlation. Twelve-month performance is nearly a tie, at -2.5% for PHM and -6.1% for WY. Across three years, the rolling one-year figure varied moderately, from 0.45 to 0.82.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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 WY: side by side

PHM (PulteGroup)WY (Weyerhaeuser)
1-year return-2.5%-6.1%
5-year return+145.5%-19.5%
Volatility (ann.)32.2%24.8%
Beta vs S&P 5000.820.64
Max drawdown (3Y)-38.0%-38.0%
Market cap$17.1B
P/E (trailing)13.336.5
Dividend yield0.77%3.49%
Sector / categoryConsumer DiscretionaryReal Estate
Lower P/E: PHM 13.3 vs 36.5Higher yield: WY 3.49% vs 0.77%Higher 5y return: PHM +145.5% vs -19.5%
-21%0%+4%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. PHM · WY

Year-by-year returns

YearPHMWY
2022-19.2%-20.4%
2023+128.8%+18.0%
2024+6.2%-16.6%
2025+8.5%-13.0%
2026+8.6%+1.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PHM and WY good diversifiers for each other?

Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between PHM and WY?

As of 2026-08-27, the correlation of weekly returns between PHM and WY is 0.65 over 3 years, 0.57 over 1 year and 0.61 over 5 years.

Is WY a good diversifier for PHM?

Somewhat, no more. With 0.65 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.65 mean?

A reading of 0.65 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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PHM vs WY: 3-year weekly correlation 0.65PHM vs WY0.65

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Related comparisons

Hubs: PHM correlations · WY correlations