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COLL vs HST: Correlation

Collegium Pharmaceutical, Inc. (COLL) and Host Hotels & Resorts (HST) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.60
last 12 months
Correlation (5Y)
0.24
long-run
Ann. covariance
361.7
%² · weekly, annualized

How correlated are COLL and HST?

Over the past 3 years, COLL and HST moved with a correlation of 0.39, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.60 versus 0.39 over 3 years. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 361.7 %².

Among the 15 assets we track against COLL, HST ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with HST ahead by 71.0 points (-31.8% versus +39.2%). One caveat on sizing: COLL is 1.6 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.

COLL vs HST: side by side

COLL (Collegium Pharmaceutical, Inc.)HST (Host Hotels & Resorts)
1-year return-31.8%+39.2%
5-year return+30.2%+73.4%
Volatility (ann.)38.1%24.2%
Beta vs S&P 5000.410.78
Max drawdown (3Y)-48.4%-36.0%
Market cap$0.8B$15.5B
P/E (trailing)20.815.1
Dividend yield0.00%3.57%
Sector / categoryUS ListedReal Estate
Lower P/E: HST 15.1 vs 20.8Higher yield: HST 3.57% vs 0.00%Smaller drawdown: HST -36.0% vs -48.4%Higher 5y return: HST +73.4% vs +30.2%
-31%0%+56%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. COLL · HST

Year-by-year returns

YearCOLLHST
2022+24.2%-4.6%
2023+32.7%+27.6%
2024-6.9%-5.5%
2025+61.6%+7.2%
2026-42.9%+32.2%

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

Are COLL and HST good diversifiers for each other?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between COLL and HST?

As of 2026-08-27, the correlation of weekly returns between COLL and HST is 0.39 over 3 years, 0.60 over 1 year and 0.24 over 5 years.

Is HST a good diversifier for COLL?

A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.39 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.

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COLL vs HST: 3-year weekly correlation 0.39COLL vs HST0.39

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Related comparisons

Hubs: COLL correlations · HST correlations