ABNB vs VOO: Correlation
How closely do Airbnb (ABNB) and Vanguard S&P 500 ETF (VOO) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABNB and VOO?
Over the past 3 years, ABNB and VOO moved with a correlation of 0.53, which is moderate. Little has changed lately, as the 1-year reading of 0.52 lands near the 3-year figure. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 265.8 %².
Within ABNB's tracked universe of 32 assets, VOO comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ABNB outperformed by 21.4 percentage points (+42.0% for ABNB against +20.6% for VOO). On a rolling one-year basis the correlation drifted between 0.31 and 0.72, a moderate band. One caveat on sizing: ABNB is 2.4 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 VOO: side by side
| ABNB (Airbnb) | VOO (Vanguard S&P 500 ETF) | |
|---|---|---|
| 1-year return | +42.0% | +20.6% |
| 5-year return | +18.2% | +83.0% |
| Volatility (ann.) | 35.2% | 14.4% |
| Beta vs S&P 500 | 1.28 | 0.99 |
| Max drawdown (3Y) | -37.2% | -18.7% |
| Market cap | $110.4B | – |
| P/E (trailing) | 42.9 | – |
| Dividend yield | 0.00% | 1.07% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $1,686.9B |
| Sector / category | Consumer Discretionary | ETF · US Large Cap |
VOO, Vanguard's Large Blend fund, carries $1,686.9B under management, 503 holdings, a 0.03% expense ratio, a 1.07% trailing dividend yield.
Year-by-year returns
| Year | ABNB | VOO |
|---|---|---|
| 2022 | -48.6% | -18.2% |
| 2023 | +59.2% | +26.3% |
| 2024 | -3.5% | +25.0% |
| 2025 | +3.3% | +17.8% |
| 2026 | +35.9% | +13.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that VOO holds ABNB at a 0.1% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are ABNB and VOO good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ABNB and VOO?
As of 2026-08-27, the correlation of weekly returns between ABNB and VOO is 0.53 over 3 years, 0.52 over 1 year and 0.58 over 5 years.
Is VOO a good diversifier for ABNB?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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.
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Related comparisons
Hubs: ABNB correlations · VOO correlations
