AHT vs INN: Correlation
Ashford Hospitality Trust Inc (AHT) and Summit Hotel Properties, Inc. (INN) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHT and INN?
Across a 3-year window, the weekly returns of AHT and INN correlate at 0.40, moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.40). Stretching to 5 years gives 0.53, with an annualized covariance of 946.4 %².
INN is one of the assets that tracks AHT most closely: it ranks #3 out of the 11 assets we track against AHT. Their recent paths diverged sharply: over the last 12 months INN outperformed by 59.4 percentage points (-45.4% for AHT against +14.0% for INN). Risk is not evenly split, since AHT carries 2.0 times the volatility of the other side.
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.
AHT vs INN: side by side
| AHT (Ashford Hospitality Trust Inc) | INN (Summit Hotel Properties, Inc.) | |
|---|---|---|
| 1-year return | -45.4% | +14.0% |
| 5-year return | -97.7% | -22.7% |
| Volatility (ann.) | 67.7% | 34.6% |
| Beta vs S&P 500 | 1.08 | 1.06 |
| Max drawdown (3Y) | -91.5% | -46.3% |
| Market cap | – | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 5.34% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHT | INN |
|---|---|---|
| 2022 | -53.4% | -25.3% |
| 2023 | -56.6% | -3.7% |
| 2024 | -62.9% | +6.9% |
| 2025 | -40.8% | -24.5% |
| 2026 | -21.6% | +27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHT and INN good diversifiers for each other?
Reasonably. At 0.40, AHT and INN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AHT and INN?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.30 over the last year and 0.53 over 5 years.
Is INN a good diversifier for AHT?
Reasonably. At 0.40, AHT and INN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aht-vs-inn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aht-vs-inn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AHT correlations · INN correlations
