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BKNG vs UBER: Correlation

How closely do Booking Holdings (BKNG) and Uber (UBER) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.52
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.49
long-run
Ann. covariance
556.2
%² · weekly, annualized

How correlated are BKNG and UBER?

On 3 years of weekly data the BKNG/UBER correlation comes out at 0.52, moderate. Recent behaviour matches the longer record: 0.57 over 1 year against 0.52 over 3. The 5-year figure is 0.49, and annualized covariance runs at 556.2 %².

By 3-year correlation, UBER places #19 of the 39 assets tracked against BKNG. The trailing year gives BKNG the advantage: -9.1% versus -19.3%, a 10.2-point spread. The rolling one-year correlation moved between 0.28 and 0.67 over the past three years, a moderate range.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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.

BKNG vs UBER: side by side

BKNG (Booking Holdings)UBER (Uber)
1-year return-9.1%-19.3%
5-year return+127.1%+94.4%
Volatility (ann.)29.1%36.7%
Beta vs S&P 5001.111.34
Max drawdown (3Y)-33.4%-34.1%
Market cap$152.2B$157.2B
P/E (trailing)23.217.2
Dividend yield0.77%0.00%
Sector / categoryConsumer DiscretionaryIndustrials
Lower P/E: UBER 17.2 vs 23.2Higher yield: BKNG 0.77% vs 0.00%Smaller drawdown: BKNG -33.4% vs -34.1%Higher 5y return: BKNG +127.1% vs +94.4%
-30%0%+8%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BKNG · UBER

Year-by-year returns

YearBKNGUBER
2022-16.0%-41.0%
2023+76.0%+149.0%
2024+41.3%-2.0%
2025+8.6%+35.5%
2026-5.0%-5.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BKNG and UBER good diversifiers for each other?

To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between BKNG and UBER?

The BKNG/UBER correlation stands at 0.52 on a 3-year window (1 year: 0.57, 5 years: 0.49), computed from weekly returns as of 2026-08-27.

Is UBER a good diversifier for BKNG?

To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.52 mean?

A reading of 0.52 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bkng-vs-uber.json

BKNG vs UBER: 3-year weekly correlation 0.52BKNG vs UBER0.52

Drop this badge in a README or notebook; it updates with the data:

[![BKNG vs UBER correlation](https://www.pairbook.io/api/v1/badge/bkng-vs-uber.svg)](https://www.pairbook.io/pair/bkng-vs-uber/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: BKNG correlations · UBER correlations