ABNB vs EXPE: Correlation
How closely do Airbnb (ABNB) and Expedia Group (EXPE) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and EXPE?
On 3 years of weekly data the ABNB/EXPE correlation comes out at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 712.4 %².
Among the 32 assets we track against ABNB, EXPE ranks #17 by 3-year correlation. The trailing year gives EXPE the advantage: +42.0% versus +51.5%, a 9.5-point spread. On a rolling one-year basis the correlation drifted between 0.20 and 0.68, a moderate band.
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 EXPE: side by side
| ABNB (Airbnb) | EXPE (Expedia Group) | |
|---|---|---|
| 1-year return | +42.0% | +51.5% |
| 5-year return | +18.2% | +123.9% |
| Volatility (ann.) | 35.2% | 42.7% |
| Beta vs S&P 500 | 1.28 | 1.33 |
| Max drawdown (3Y) | -37.2% | -37.4% |
| Market cap | $110.4B | $38.3B |
| P/E (trailing) | 42.9 | 21.0 |
| Dividend yield | 0.00% | 0.53% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | ABNB | EXPE |
|---|---|---|
| 2022 | -48.6% | -51.5% |
| 2023 | +59.2% | +73.3% |
| 2024 | -3.5% | +22.8% |
| 2025 | +3.3% | +53.3% |
| 2026 | +35.9% | +13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABNB and EXPE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ABNB and EXPE?
The ABNB/EXPE correlation stands at 0.47 on a 3-year window (1 year: 0.48, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is EXPE a good diversifier for ABNB?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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-expe.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abnb-vs-expe/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABNB correlations · EXPE correlations
