BXP vs HST: Correlation
Measured on weekly returns over the past three years, BXP, Inc. (BXP) and Host Hotels & Resorts (HST) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and HST?
Over the past 3 years, BXP and HST moved with a correlation of 0.52, which is moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.52 over 3. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 417.6 %².
Among the 45 assets we track against BXP, HST ranks #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with HST ahead by 36.3 points (+2.9% versus +39.2%). The link looks structural: the rolling one-year correlation barely moved, holding between 0.45 and 0.66.
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.
BXP vs HST: side by side
| BXP (BXP, Inc.) | HST (Host Hotels & Resorts) | |
|---|---|---|
| 1-year return | +2.9% | +39.2% |
| 5-year return | -18.9% | +73.4% |
| Volatility (ann.) | 33.1% | 24.2% |
| Beta vs S&P 500 | 1.02 | 0.78 |
| Max drawdown (3Y) | -39.0% | -36.0% |
| Market cap | $12.7B | $15.5B |
| P/E (trailing) | 37.8 | 15.1 |
| Dividend yield | 3.98% | 3.57% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | BXP | HST |
|---|---|---|
| 2022 | -38.6% | -4.6% |
| 2023 | +11.0% | +27.6% |
| 2024 | +12.3% | -5.5% |
| 2025 | -4.7% | +7.2% |
| 2026 | +6.2% | +32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and HST good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BXP and HST?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.45 over the last year and 0.55 over 5 years.
Is HST a good diversifier for BXP?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
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
$ curl https://www.pairbook.io/api/v1/pairs/bxp-vs-hst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bxp-vs-hst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BXP correlations · HST correlations
