DIA vs HLT: Correlation
SPDR Dow Jones Industrial Average ETF (DIA) and Hilton Worldwide (HLT) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIA and HLT?
On 3 years of weekly data the DIA/HLT correlation comes out at 0.62, strong. The past 12 months show a weaker link (0.37) than the 3-year average (0.62). The 5-year figure is 0.65, and annualized covariance runs at 166.9 %².
By 3-year correlation, HLT places #58 of the 116 assets tracked against DIA. Twelve-month performance is nearly a tie, at +19.2% for DIA and +18.1% for HLT. The rolling one-year correlation moved between 0.40 and 0.78 over the past three years, a moderate range. Note the risk asymmetry: HLT runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DIA vs HLT: side by side
| DIA (SPDR Dow Jones Industrial Average ETF) | HLT (Hilton Worldwide) | |
|---|---|---|
| 1-year return | +19.2% | +18.1% |
| 5-year return | +64.8% | +162.7% |
| Volatility (ann.) | 13.0% | 20.7% |
| Beta vs S&P 500 | 0.79 | 0.85 |
| Max drawdown (3Y) | -16.0% | -26.4% |
| Market cap | – | $73.3B |
| P/E (trailing) | – | 47.8 |
| Dividend yield | 1.37% | 0.18% |
| Expense ratio | 0.16% | – |
| Assets under management | $45.2B | – |
| Sector / category | ETF · US Large Cap | Consumer Discretionary |
On the fund side, DIA sits in the Large Value category at State Street Investment Management, with $45.2B under management, 30 holdings, a 0.16% expense ratio, a 1.37% trailing dividend yield.
Year-by-year returns
| Year | DIA | HLT |
|---|---|---|
| 2022 | -7.0% | -18.7% |
| 2023 | +16.0% | +44.7% |
| 2024 | +14.8% | +36.1% |
| 2025 | +14.7% | +16.5% |
| 2026 | +12.3% | +13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIA and HLT good diversifiers for each other?
To a limited degree. At 0.62 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 DIA and HLT?
As of 2026-08-27, the correlation of weekly returns between DIA and HLT is 0.62 over 3 years, 0.37 over 1 year and 0.65 over 5 years.
Is HLT a good diversifier for DIA?
To a limited degree. At 0.62 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 0.62 mean?
A reading of 0.62 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/dia-vs-hlt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dia-vs-hlt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DIA correlations · HLT correlations
