BBWI vs HGV: Correlation
Bath & Body Works, Inc. (BBWI) and Hilton Grand Vacations Inc. (HGV) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBWI and HGV?
Over the past 3 years, BBWI and HGV moved with a correlation of 0.55, which is moderate. Recent behaviour matches the longer record: 0.60 over 1 year against 0.55 over 3. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 1008.2 %².
Few assets follow BBWI as closely as HGV, which ranks #1 of 14 tracked partners. The last year tells two different stories: HGV led by 31.1 percentage points, -38.3% for BBWI against -7.2% for HGV.
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.
BBWI vs HGV: side by side
| BBWI (Bath & Body Works, Inc.) | HGV (Hilton Grand Vacations Inc.) | |
|---|---|---|
| 1-year return | -38.3% | -7.2% |
| 5-year return | -69.3% | +1.7% |
| Volatility (ann.) | 50.5% | 36.3% |
| Beta vs S&P 500 | 1.37 | 1.38 |
| Max drawdown (3Y) | -70.0% | -34.6% |
| Market cap | $3.8B | $3.4B |
| P/E (trailing) | 5.0 | 25.6 |
| Dividend yield | 2.12% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBWI | HGV |
|---|---|---|
| 2022 | -38.4% | -26.0% |
| 2023 | +4.7% | +4.3% |
| 2024 | -8.3% | -3.1% |
| 2025 | -46.5% | +14.9% |
| 2026 | -4.3% | -2.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBWI and HGV good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BBWI and HGV?
As of 2026-08-27, the correlation of weekly returns between BBWI and HGV is 0.55 over 3 years, 0.60 over 1 year and 0.54 over 5 years.
Is HGV a good diversifier for BBWI?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
A reading of 0.55 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/bbwi-vs-hgv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbwi-vs-hgv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBWI correlations · HGV correlations
