TROW vs. DHI

Last updated Jun 3, 2026

TROW (T. Rowe Price Group, Inc.) and DHI (D.R. Horton, Inc.) are both stocks. TROW operates in Asset Management (Financial Services), while DHI operates in Residential Construction (Consumer Cyclical). Over the past 10 years, TROW returned 7.09%/yr vs 18.23%/yr for DHI. At a 0.37 correlation, their price movements are largely independent.

Performance

TROW vs. DHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Group, Inc. (TROW) and D.R. Horton, Inc. (DHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TROW having a 3.40% return and DHI slightly lower at 3.30%. Over the past 10 years, TROW has underperformed DHI with an annualized return of 7.09%, while DHI has yielded a comparatively higher 18.23% annualized return.

TROW

• 1D: 0.38%
• 1M: 0.86%
• YTD: 3.40%
• 6M: 4.58%
• 1Y: 19.31%
• 3Y*: 2.79%
• 5Y*: -7.31%
• 10Y*: 7.09%

DHI

• 1D: 0.63%
• 1M: -1.08%
• YTD: 3.30%
• 6M: -6.11%
• 1Y: 28.01%
• 3Y*: 10.82%
• 5Y*: 11.26%
• 10Y*: 18.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TROW vs. DHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TROW T. Rowe Price Group, Inc.	3.40%	-4.67%	9.68%	3.35%	-42.24%	34.91%	28.11%	35.61%	-9.75%	43.38%
DHI D.R. Horton, Inc.	3.30%	4.24%	-7.24%	72.07%	-16.83%	58.73%	32.23%	54.29%	-31.26%	89.06%

Correlation

The correlation between TROW and DHI is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.49
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jun 8, 1992	0.37

The correlation between TROW and DHI shifts across timeframes, from 0.36 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TROW : $22.70B DHI : $43.07B
EPS TROW : $9.80 DHI : $10.76
PE Ratio TROW : 10.65 DHI : 13.75
PS Ratio TROW : 3.10 DHI : 1.31
PB Ratio TROW : 2.11 DHI : 1.78
Total Revenue (TTM) TROW : $7.41B DHI : $33.35B
Gross Profit (TTM) TROW : $3.66B DHI : $4.31B
EBITDA (TTM) TROW : $2.87B DHI : $4.29B

Return for Risk

TROW vs. DHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TROW

TROW Risk / Return Rank: 61
TROW Sharpe Ratio Rank: 66
TROW Sortino Ratio Rank: 59
TROW Omega Ratio Rank: 58
TROW Calmar Ratio Rank: 59
TROW Martin Ratio Rank: 61

DHI

DHI Risk / Return Rank: 61
DHI Sharpe Ratio Rank: 64
DHI Sortino Ratio Rank: 63
DHI Omega Ratio Rank: 58
DHI Calmar Ratio Rank: 61
DHI Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TROW vs. DHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Group, Inc. (TROW) and D.R. Horton, Inc. (DHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TROW	DHI	Difference
Sharpe ratio Return per unit of total volatility	0.82	0.73	+0.09
Sortino ratio Return per unit of downside risk	1.25	1.43	-0.18
Omega ratio Gain probability vs. loss probability	1.16	1.16	0.00
Calmar ratio Return relative to maximum drawdown	0.88	0.97	-0.09
Martin ratio Return relative to average drawdown	2.18	1.74	+0.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TROW vs. DHI - Sharpe Ratio Comparison

The current TROW Sharpe Ratio is 0.82, which is comparable to the DHI Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of TROW and DHI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TROW	DHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.73	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.32	-0.56
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.51	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.31	+0.09

Drawdowns

TROW vs. DHI - Drawdown Comparison

The maximum TROW drawdown since its inception was -67.43%, smaller than the maximum DHI drawdown of -88.84%. Use the drawdown chart below to compare losses from any high point for TROW and DHI.

Drawdown Indicators

	TROW	DHI	Difference
Max Drawdown Largest peak-to-trough decline	-67.43%	-88.84%	+21.41%
Max Drawdown (1Y) Largest decline over 1 year	-19.76%	-27.56%	+7.80%
Max Drawdown (3Y) Largest decline over 3 years	-34.05%	-41.28%	+7.23%
Max Drawdown (5Y) Largest decline over 5 years	-58.16%	-44.45%	-13.71%
Max Drawdown (10Y) Largest decline over 10 years	-58.16%	-53.62%	-4.54%
Current Drawdown Current decline from peak	-42.70%	-23.42%	-19.28%
Average Drawdown Average peak-to-trough decline	-16.67%	-27.92%	+11.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.02%	15.35%	-7.33%

Volatility

TROW vs. DHI - Volatility Comparison

The current volatility for T. Rowe Price Group, Inc. (TROW) is 4.91%, while D.R. Horton, Inc. (DHI) has a volatility of 9.65%. This indicates that TROW experiences smaller price fluctuations and is considered to be less risky than DHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TROW	DHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	9.65%	-4.74%
Volatility (6M) Calculated over the trailing 6-month period	17.17%	24.80%	-7.63%
Volatility (1Y) Calculated over the trailing 1-year period	23.68%	38.78%	-15.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.46%	35.33%	-4.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.00%	35.73%	-5.73%

Dividends

TROW vs. DHI - Dividend Comparison

TROW's dividend yield for the trailing twelve months is around 4.90%, more than DHI's 1.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DHI D.R. Horton, Inc.	1.18%	1.15%	0.93%	0.69%	1.04%	0.76%	1.05%	1.18%	1.51%	0.83%	1.24%	0.84%
TROW T. Rowe Price Group, Inc.	4.90%	4.96%	4.39%	4.53%	4.40%	3.72%	2.38%	2.50%	3.03%	2.17%	2.87%	5.71%

Financials

TROW vs. DHI - Profitability Comparison

The chart below illustrates the profitability comparison between T. Rowe Price Group, Inc. and D.R. Horton, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TROW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, T. Rowe Price Group, Inc. reported a gross profit of 0.00 and revenue of 1.86B. Therefore, the gross margin over that period was 0.0%.

DHI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, D.R. Horton, Inc. reported a gross profit of -1.59B and revenue of 7.56B. Therefore, the gross margin over that period was -21.1%.

TROW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, T. Rowe Price Group, Inc. reported an operating income of 680.50M and revenue of 1.86B, resulting in an operating margin of 36.7%.

DHI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, D.R. Horton, Inc. reported an operating income of -729.60M and revenue of 7.56B, resulting in an operating margin of -9.7%.

TROW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, T. Rowe Price Group, Inc. reported a net income of 562.00M and revenue of 1.86B, resulting in a net margin of 30.3%.

DHI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, D.R. Horton, Inc. reported a net income of 647.90M and revenue of 7.56B, resulting in a net margin of 8.6%.

Frequently Asked Questions

Can I hold both TROW and DHI in my portfolio?

TROW and DHI have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TROW or DHI?

DHI has higher volatility (9.65%) compared to TROW (4.91%). In terms of maximum drawdown, TROW dropped -67.43% vs DHI's -88.84%.

Which has better risk-adjusted returns?

TROW currently has the higher Sharpe Ratio (0.82 vs 0.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.