CHH vs MAR: Correlation
Measured on weekly returns over the past three years, Choice Hotels International, Inc. (CHH) and Marriott International (MAR) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHH and MAR?
Across a 3-year window, the weekly returns of CHH and MAR correlate at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.60 lands near the 3-year figure. Stretching to 5 years gives 0.59, with an annualized covariance of 336.7 %².
Within CHH's tracked universe of 10 assets, MAR comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MAR outperformed by 41.3 percentage points (-9.0% for CHH against +32.3% for MAR).
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 MAR: side by side
| CHH (Choice Hotels International, Inc.) | MAR (Marriott International) | |
|---|---|---|
| 1-year return | -9.0% | +32.3% |
| 5-year return | -5.3% | +173.2% |
| Volatility (ann.) | 26.8% | 24.6% |
| Beta vs S&P 500 | 0.59 | 0.97 |
| Max drawdown (3Y) | -45.5% | -30.5% |
| Market cap | $4.9B | $92.3B |
| P/E (trailing) | 15.6 | 36.7 |
| Dividend yield | 1.05% | 0.76% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | CHH | MAR |
|---|---|---|
| 2022 | -27.1% | -9.3% |
| 2023 | +1.6% | +53.1% |
| 2024 | +26.2% | +24.9% |
| 2025 | -32.3% | +12.3% |
| 2026 | +14.9% | +14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHH and MAR good diversifiers for each other?
To a limited degree. At 0.51 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 MAR?
The CHH/MAR correlation stands at 0.51 on a 3-year window (1 year: 0.60, 5 years: 0.59), computed from weekly returns as of 2026-08-27.
Is MAR a good diversifier for CHH?
To a limited degree. At 0.51 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 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chh-vs-mar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chh-vs-mar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CHH correlations · MAR correlations
