SDHC vs UWMC: Correlation
Measured on weekly returns over the past three years, Smith Douglas Homes Corp. (SDHC) and UWM Holdings Corporation (UWMC) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SDHC and UWMC?
On 3 years of weekly data the SDHC/UWMC correlation comes out at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1267.0 %².
Within SDHC's tracked universe of 14 assets, UWMC comes in at #6 by 3-year correlation. The last year tells two different stories: SDHC led by 32.7 percentage points, -38.3% for SDHC against -71.0% for UWMC.
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.
SDHC vs UWMC: side by side
| SDHC (Smith Douglas Homes Corp.) | UWMC (UWM Holdings Corporation) | |
|---|---|---|
| 1-year return | -38.3% | -71.0% |
| 5-year return | n/a | -69.4% |
| Volatility (ann.) | 49.6% | 52.6% |
| Beta vs S&P 500 | 1.07 | 0.96 |
| Max drawdown (3Y) | -72.0% | -84.9% |
| Market cap | $0.1B | $4.2B |
| P/E (trailing) | 16.9 | – |
| Dividend yield | 0.00% | 27.40% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SDHC | UWMC |
|---|---|---|
| 2022 | – | -38.0% |
| 2023 | – | +132.1% |
| 2024 | – | -13.0% |
| 2025 | -34.6% | -19.3% |
| 2026 | -27.5% | -63.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SDHC and UWMC good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SDHC and UWMC?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.53 over the last year and n/a over 5 years.
Is UWMC a good diversifier for SDHC?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/sdhc-vs-uwmc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sdhc-vs-uwmc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SDHC correlations · UWMC correlations
