CHH vs HST: Correlation
Measured on weekly returns over the past three years, Choice Hotels International, Inc. (CHH) and Host Hotels & Resorts (HST) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHH and HST?
On 3 years of weekly data the CHH/HST correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.54, and annualized covariance runs at 326.4 %².
By 3-year correlation, HST places #5 of the 10 assets tracked against CHH. The last year tells two different stories: HST led by 48.2 percentage points, -9.0% for CHH against +39.2% for HST.
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.
CHH vs HST: side by side
| CHH (Choice Hotels International, Inc.) | HST (Host Hotels & Resorts) | |
|---|---|---|
| 1-year return | -9.0% | +39.2% |
| 5-year return | -5.3% | +73.4% |
| Volatility (ann.) | 26.8% | 24.2% |
| Beta vs S&P 500 | 0.59 | 0.78 |
| Max drawdown (3Y) | -45.5% | -36.0% |
| Market cap | $4.9B | $15.5B |
| P/E (trailing) | 15.6 | 15.1 |
| Dividend yield | 1.05% | 3.57% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | CHH | HST |
|---|---|---|
| 2022 | -27.1% | -4.6% |
| 2023 | +1.6% | +27.6% |
| 2024 | +26.2% | -5.5% |
| 2025 | -32.3% | +7.2% |
| 2026 | +14.9% | +32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHH and HST good diversifiers for each other?
To a limited degree. At 0.50 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 CHH and HST?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.58 over the last year and 0.54 over 5 years.
Is HST a good diversifier for CHH?
To a limited degree. At 0.50 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 0.50 mean?
On the −1 to +1 scale, 0.50 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/chh-vs-hst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chh-vs-hst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CHH correlations · HST correlations
