AES vs IHT: Correlation
Measured on weekly returns over the past three years, AES Corporation (AES) and InnSuites Hospitality Trust Shares of Beneficial Interest (IHT) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AES and IHT?
Across a 3-year window, the weekly returns of AES and IHT correlate at -0.18, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.18 over 3 years. Stretching to 5 years gives -0.10, with an annualized covariance of -410.8 %².
By 3-year correlation, IHT places #24 of the 31 assets tracked against AES. Correlation aside, the last 12 months split them widely, with AES ahead by 49.7 points (+15.9% versus -33.8%).
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.
AES vs IHT: side by side
| AES (AES Corporation) | IHT (InnSuites Hospitality Trust Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | +15.9% | -33.8% |
| 5-year return | -25.1% | -63.6% |
| Volatility (ann.) | 40.5% | 55.0% |
| Beta vs S&P 500 | 0.86 | 0.07 |
| Max drawdown (3Y) | -53.3% | -69.6% |
| Market cap | $10.5B | – |
| P/E (trailing) | 5.5 | – |
| Dividend yield | 4.78% | 1.44% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | AES | IHT |
|---|---|---|
| 2022 | +21.7% | -22.9% |
| 2023 | -30.9% | +2.3% |
| 2024 | -30.4% | +29.5% |
| 2025 | +18.3% | -37.4% |
| 2026 | +6.6% | -3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AES and IHT good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AES and IHT?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with 0.01 over the last year and -0.10 over 5 years.
Is IHT a good diversifier for AES?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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/aes-vs-iht.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aes-vs-iht/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AES correlations · IHT correlations
