BAC vs EXPE: Correlation
Measured on weekly returns over the past three years, Bank of America (BAC) and Expedia Group (EXPE) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAC and EXPE?
Across a 3-year window, the weekly returns of BAC and EXPE correlate at 0.49, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.49 over 3 years. Stretching to 5 years gives 0.48, with an annualized covariance of 558.1 %².
By 3-year correlation, EXPE places #33 of the 45 assets tracked against BAC. Their recent paths diverged sharply: over the last 12 months EXPE outperformed by 27.4 percentage points (+24.1% for BAC against +51.5% for EXPE). The rolling one-year correlation moved between 0.21 and 0.70 over the past three years, a moderate range. One caveat on sizing: EXPE is 1.6 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.
BAC vs EXPE: side by side
| BAC (Bank of America) | EXPE (Expedia Group) | |
|---|---|---|
| 1-year return | +24.1% | +51.5% |
| 5-year return | +66.0% | +123.9% |
| Volatility (ann.) | 26.5% | 42.7% |
| Beta vs S&P 500 | 1.11 | 1.33 |
| Max drawdown (3Y) | -27.5% | -37.4% |
| Market cap | $427.7B | $38.3B |
| P/E (trailing) | 14.1 | 21.0 |
| Dividend yield | 1.80% | 0.53% |
| Sector / category | Financials | Consumer Discretionary |
Year-by-year returns
| Year | BAC | EXPE |
|---|---|---|
| 2022 | -23.8% | -51.5% |
| 2023 | +4.8% | +73.3% |
| 2024 | +33.9% | +22.8% |
| 2025 | +28.0% | +53.3% |
| 2026 | +12.4% | +13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAC and EXPE good diversifiers for each other?
Reasonably. At 0.49, BAC and EXPE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BAC and EXPE?
The BAC/EXPE correlation stands at 0.49 on a 3-year window (1 year: 0.22, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is EXPE a good diversifier for BAC?
Reasonably. At 0.49, BAC and EXPE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/bac-vs-expe.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bac-vs-expe/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BAC correlations · EXPE correlations
