COLL vs XHR: Correlation
How closely do Collegium Pharmaceutical, Inc. (COLL) and Xenia Hotels & Resorts, Inc. (XHR) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLL and XHR?
Over the past 3 years, COLL and XHR moved with a correlation of 0.39, which is moderate. The link has tightened recently: the 1-year correlation (0.59) runs above the 3-year figure (0.39). Over 5 years the correlation is 0.23, and the annualized covariance of weekly returns is 445.0 %².
Within COLL's tracked universe of 15 assets, XHR comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months XHR outperformed by 72.0 percentage points (-31.8% for COLL against +40.2% for XHR).
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 XHR: side by side
| COLL (Collegium Pharmaceutical, Inc.) | XHR (Xenia Hotels & Resorts, Inc.) | |
|---|---|---|
| 1-year return | -31.8% | +40.2% |
| 5-year return | +30.2% | +29.3% |
| Volatility (ann.) | 38.1% | 30.0% |
| Beta vs S&P 500 | 0.41 | 0.97 |
| Max drawdown (3Y) | -48.4% | -42.5% |
| Market cap | $0.8B | $1.9B |
| P/E (trailing) | 20.8 | – |
| Dividend yield | 0.00% | 2.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COLL | XHR |
|---|---|---|
| 2022 | +24.2% | -26.1% |
| 2023 | +32.7% | +6.7% |
| 2024 | -6.9% | +12.7% |
| 2025 | +61.6% | -0.7% |
| 2026 | -42.9% | +38.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLL and XHR 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 XHR?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.59 over the last year and 0.23 over 5 years.
Is XHR 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/coll-vs-xhr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/coll-vs-xhr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COLL correlations · XHR correlations
