DRH vs HST: Correlation
Measured on weekly returns over the past three years, Diamondrock Hospitality Company (DRH) and Host Hotels & Resorts (HST) carry a correlation of 0.88, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRH and HST?
Over the past 3 years, DRH and HST moved with a correlation of 0.88, which is very strong, meaning they move nearly in lockstep. Recent behaviour matches the longer record: 0.87 over 1 year against 0.88 over 3. Over 5 years the correlation is 0.90, and the annualized covariance of weekly returns is 539.3 %².
Few assets follow DRH as closely as HST, which ranks #1 of 20 tracked partners. Over the last 12 months DRH came out ahead by 14.6 percentage points (+53.8% against +39.2%).
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.
DRH vs HST: side by side
| DRH (Diamondrock Hospitality Company) | HST (Host Hotels & Resorts) | |
|---|---|---|
| 1-year return | +53.8% | +39.2% |
| 5-year return | +60.8% | +73.4% |
| Volatility (ann.) | 25.1% | 24.2% |
| Beta vs S&P 500 | 0.80 | 0.78 |
| Max drawdown (3Y) | -31.9% | -36.0% |
| Market cap | $2.6B | $15.5B |
| P/E (trailing) | 17.6 | 15.1 |
| Dividend yield | 3.84% | 3.57% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | DRH | HST |
|---|---|---|
| 2022 | -13.8% | -4.6% |
| 2023 | +16.3% | +27.6% |
| 2024 | -0.3% | -5.5% |
| 2025 | +3.7% | +7.2% |
| 2026 | +44.1% | +32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRH and HST good diversifiers for each other?
No: a correlation of 0.88 means DRH and HST tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between DRH and HST?
Using weekly returns as of 2026-08-27: 0.88 over 3 years, with 0.87 over the last year and 0.90 over 5 years.
Is HST a good diversifier for DRH?
No: a correlation of 0.88 means DRH and HST tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.88 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/drh-vs-hst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/drh-vs-hst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRH correlations · HST correlations
