ABNB vs ACWI: Correlation
Airbnb (ABNB) and iShares MSCI ACWI ETF (ACWI) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and ACWI?
On 3 years of weekly data the ABNB/ACWI correlation comes out at 0.52, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.52 over 3. The 5-year figure is 0.59, and annualized covariance runs at 250.0 %².
Among the 32 assets we track against ABNB, ACWI ranks #8 by 3-year correlation. The last year tells two different stories: ABNB led by 19.3 percentage points, +42.0% for ABNB against +22.7% for ACWI. On a rolling one-year basis the correlation drifted between 0.29 and 0.70, a moderate band. Note the risk asymmetry: ABNB runs 2.6 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.
ABNB vs ACWI: side by side
| ABNB (Airbnb) | ACWI (iShares MSCI ACWI ETF) | |
|---|---|---|
| 1-year return | +42.0% | +22.7% |
| 5-year return | +18.2% | +69.0% |
| Volatility (ann.) | 35.2% | 13.8% |
| Beta vs S&P 500 | 1.28 | 0.92 |
| Max drawdown (3Y) | -37.2% | -16.5% |
| Market cap | $110.4B | – |
| P/E (trailing) | 42.9 | – |
| Dividend yield | 0.00% | 1.44% |
| Expense ratio | – | 0.32% |
| Assets under management | – | $32.5B |
| Sector / category | Consumer Discretionary | ETF · Global |
On the fund side, ACWI sits in the Global Large-Stock Blend category at iShares, with $32.5B under management, 1590 holdings, a 0.32% expense ratio, a 1.44% trailing dividend yield.
Year-by-year returns
| Year | ABNB | ACWI |
|---|---|---|
| 2022 | -48.6% | -18.4% |
| 2023 | +59.2% | +22.3% |
| 2024 | -3.5% | +17.4% |
| 2025 | +3.3% | +22.4% |
| 2026 | +35.9% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.08% of ACWI is ABNB itself, so the fund partly moves with the stock by construction.
Are ABNB and ACWI good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ABNB and ACWI?
As of 2026-08-27, the correlation of weekly returns between ABNB and ACWI is 0.52 over 3 years, 0.50 over 1 year and 0.59 over 5 years.
Is ACWI a good diversifier for ABNB?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
A reading of 0.52 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/abnb-vs-acwi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abnb-vs-acwi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABNB correlations · ACWI correlations
