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ABNB vs DUK: Correlation

Measured on weekly returns over the past three years, Airbnb (ABNB) and Duke Energy (DUK) carry a correlation of -0.18, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.27
last 12 months
Correlation (5Y)
-0.06
long-run
Ann. covariance
-98.2
%² · weekly, annualized

How correlated are ABNB and DUK?

On 3 years of weekly data the ABNB/DUK correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. The 5-year figure is -0.06, and annualized covariance runs at -98.2 %².

Among the 32 assets we track against ABNB, DUK ranks #24 by 3-year correlation. The last year tells two different stories: ABNB led by 40.9 percentage points, +42.0% for ABNB against +1.1% for DUK. The relationship is regime-dependent: the rolling one-year correlation swung between -0.45 and 0.29 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since ABNB carries 2.2 times the volatility of the other side.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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 DUK: side by side

ABNB (Airbnb)DUK (Duke Energy)
1-year return+42.0%+1.1%
5-year return+18.2%+39.8%
Volatility (ann.)35.2%15.9%
Beta vs S&P 5001.28-0.09
Max drawdown (3Y)-37.2%-11.6%
Market cap$110.4B$94.2B
P/E (trailing)42.918.3
Dividend yield0.00%3.49%
Sector / categoryConsumer DiscretionaryUtilities
Lower P/E: DUK 18.3 vs 42.9Higher yield: DUK 3.49% vs 0.00%Smaller drawdown: DUK -11.6% vs -37.2%Higher 5y return: DUK +39.8% vs +18.2%
-8%0%+51%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ABNB · DUK

Year-by-year returns

YearABNBDUK
2022-48.6%+2.0%
2023+59.2%-1.6%
2024-3.5%+15.6%
2025+3.3%+12.7%
2026+35.9%+5.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ABNB and DUK good diversifiers for each other?

By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.

FAQ

What is the correlation between ABNB and DUK?

Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.27 over the last year and -0.06 over 5 years.

Is DUK a good diversifier for ABNB?

By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.

What does a correlation of -0.18 mean?

A reading of -0.18 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/abnb-vs-duk.json

ABNB vs DUK: 3-year weekly correlation -0.18ABNB vs DUK-0.18

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Related comparisons

Hubs: ABNB correlations · DUK correlations