PHM vs ZCMD: Correlation
PulteGroup (PHM) and Zhongchao Inc. - Class A (ZCMD) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PHM and ZCMD?
Over the past 3 years, PHM and ZCMD moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.14) sits close to the 3-year figure. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -830.0 %².
By 3-year correlation, ZCMD places #38 of the 47 assets tracked against PHM. Their recent paths diverged sharply: over the last 12 months PHM outperformed by 97.4 percentage points (-2.5% for PHM against -99.9% for ZCMD). Note the risk asymmetry: ZCMD runs 4.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 ZCMD: side by side
| PHM (PulteGroup) | ZCMD (Zhongchao Inc. - Class A) | |
|---|---|---|
| 1-year return | -2.5% | -99.9% |
| 5-year return | +145.5% | -100.0% |
| Volatility (ann.) | 32.2% | 141.8% |
| Beta vs S&P 500 | 0.82 | 0.59 |
| Max drawdown (3Y) | -38.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 13.3 | – |
| Dividend yield | 0.77% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | PHM | ZCMD |
|---|---|---|
| 2022 | -19.2% | -35.4% |
| 2023 | +128.8% | -69.5% |
| 2024 | +6.2% | -53.8% |
| 2025 | +8.5% | -72.2% |
| 2026 | +8.6% | -99.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PHM and ZCMD good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PHM and ZCMD?
As of 2026-08-27, the correlation of weekly returns between PHM and ZCMD is -0.18 over 3 years, -0.14 over 1 year and -0.11 over 5 years.
Is ZCMD a good diversifier for PHM?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/phm-vs-zcmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/phm-vs-zcmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PHM correlations · ZCMD correlations
