BRN vs HLT: Correlation
Measured on weekly returns over the past three years, Barnwell Industries, Inc. (BRN) and Hilton Worldwide (HLT) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRN and HLT?
Across a 3-year window, the weekly returns of BRN and HLT correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -240.6 %².
By 3-year correlation, HLT places #26 of the 35 assets tracked against BRN. Their recent paths diverged sharply: over the last 12 months HLT outperformed by 37.2 percentage points (-19.1% for BRN against +18.1% for HLT). One caveat on sizing: BRN is 2.6 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.
BRN vs HLT: side by side
| BRN (Barnwell Industries, Inc.) | HLT (Hilton Worldwide) | |
|---|---|---|
| 1-year return | -19.1% | +18.1% |
| 5-year return | -58.9% | +162.7% |
| Volatility (ann.) | 53.1% | 20.7% |
| Beta vs S&P 500 | -0.22 | 0.85 |
| Max drawdown (3Y) | -68.5% | -26.4% |
| Market cap | – | $73.3B |
| P/E (trailing) | – | 47.8 |
| Dividend yield | 0.00% | 0.18% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BRN | HLT |
|---|---|---|
| 2022 | +2.8% | -18.7% |
| 2023 | -16.5% | +44.7% |
| 2024 | -37.9% | +36.1% |
| 2025 | -26.5% | +16.5% |
| 2026 | -14.0% | +13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRN and HLT good diversifiers for each other?
Yes. With a correlation of -0.22, BRN and HLT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BRN and HLT?
The BRN/HLT correlation stands at -0.22 on a 3-year window (1 year: -0.22, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is HLT a good diversifier for BRN?
Yes. With a correlation of -0.22, BRN and HLT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/brn-vs-hlt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brn-vs-hlt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRN correlations · HLT correlations
