ABNB vs CME: Correlation
Measured on weekly returns over the past three years, Airbnb (ABNB) and CME Group (CME) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and CME?
Over the past 3 years, ABNB and CME moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. Over 5 years the correlation is 0.11, and the annualized covariance of weekly returns is -117.4 %².
Within ABNB's tracked universe of 32 assets, CME comes in at #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ABNB ahead by 33.9 points (+42.0% versus +8.1%). This link changes with the market regime, having swung between -0.33 and 0.28 on a rolling one-year basis. One caveat on sizing: ABNB is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 CME: side by side
| ABNB (Airbnb) | CME (CME Group) | |
|---|---|---|
| 1-year return | +42.0% | +8.1% |
| 5-year return | +18.2% | +73.9% |
| Volatility (ann.) | 35.2% | 20.0% |
| Beta vs S&P 500 | 1.28 | 0.12 |
| Max drawdown (3Y) | -37.2% | -31.1% |
| Market cap | $110.4B | $101.0B |
| P/E (trailing) | 42.9 | 23.8 |
| Dividend yield | 0.00% | 1.82% |
| Sector / category | Consumer Discretionary | Financials |
Year-by-year returns
| Year | ABNB | CME |
|---|---|---|
| 2022 | -48.6% | -22.9% |
| 2023 | +59.2% | +31.3% |
| 2024 | -3.5% | +15.4% |
| 2025 | +3.3% | +19.8% |
| 2026 | +35.9% | +5.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABNB and CME good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABNB and CME?
The ABNB/CME correlation stands at -0.17 on a 3-year window (1 year: -0.23, 5 years: 0.11), computed from weekly returns as of 2026-08-27.
Is CME a good diversifier for ABNB?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/abnb-vs-cme.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abnb-vs-cme/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABNB correlations · CME correlations
