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DRH vs PLUS: Correlation

Diamondrock Hospitality Company (DRH) and ePlus inc. (PLUS) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.

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

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.48
long-run
Ann. covariance
450.7
%² · weekly, annualized

How correlated are DRH and PLUS?

On 3 years of weekly data the DRH/PLUS correlation comes out at 0.54, moderate. Recent behaviour matches the longer record: 0.53 over 1 year against 0.54 over 3. The 5-year figure is 0.48, and annualized covariance runs at 450.7 %².

Among the 20 assets we track against DRH, PLUS ranks #12 by 3-year correlation. The last year tells two different stories: DRH led by 31.5 percentage points, +53.8% for DRH against +22.3% for PLUS.

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 PLUS: side by side

DRH (Diamondrock Hospitality Company)PLUS (ePlus inc.)
1-year return+53.8%+22.3%
5-year return+60.8%+64.0%
Volatility (ann.)25.1%33.2%
Beta vs S&P 5000.801.04
Max drawdown (3Y)-31.9%-46.1%
Market cap$2.6B$2.3B
P/E (trailing)17.618.8
Dividend yield3.84%1.18%
Sector / categoryUS ListedUS Listed
Lower P/E: DRH 17.6 vs 18.8Higher yield: DRH 3.84% vs 1.18%Smaller drawdown: DRH -31.9% vs -46.1%Higher 5y return: PLUS +64.0% vs +60.8%
-12%0%+61%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. DRH · PLUS

Year-by-year returns

YearDRHPLUS
2022-13.8%-17.8%
2023+16.3%+80.3%
2024-0.3%-7.5%
2025+3.7%+19.4%
2026+44.1%+0.9%

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

Are DRH and PLUS good diversifiers for each other?

Only partially. A correlation of 0.54 means DRH and PLUS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between DRH and PLUS?

Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.53 over the last year and 0.48 over 5 years.

Is PLUS a good diversifier for DRH?

Only partially. A correlation of 0.54 means DRH and PLUS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.54 mean?

On the −1 to +1 scale, 0.54 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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DRH vs PLUS: 3-year weekly correlation 0.54DRH vs PLUS0.54

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Related comparisons

Hubs: DRH correlations · PLUS correlations