DRH vs RHP: Correlation
Diamondrock Hospitality Company (DRH) and Ryman Hospitality Properties, Inc. (REIT) (RHP) show a very strong relationship: their 3-year correlation of weekly returns is 0.80.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRH and RHP?
Over the past 3 years, DRH and RHP moved with a correlation of 0.80, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.78 lands near the 3-year figure. Over 5 years the correlation is 0.85, and the annualized covariance of weekly returns is 469.1 %².
Among the 20 assets we track against DRH, RHP ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DRH ahead by 17.4 points (+53.8% versus +36.4%).
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 RHP: side by side
| DRH (Diamondrock Hospitality Company) | RHP (Ryman Hospitality Properties, Inc. (REIT)) | |
|---|---|---|
| 1-year return | +53.8% | +36.4% |
| 5-year return | +60.8% | +87.5% |
| Volatility (ann.) | 25.1% | 23.4% |
| Beta vs S&P 500 | 0.80 | 0.65 |
| Max drawdown (3Y) | -31.9% | -32.1% |
| Market cap | $2.6B | $8.9B |
| P/E (trailing) | 17.6 | 31.6 |
| Dividend yield | 3.84% | 3.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRH | RHP |
|---|---|---|
| 2022 | -13.8% | -10.7% |
| 2023 | +16.3% | +40.4% |
| 2024 | -0.3% | -1.1% |
| 2025 | +3.7% | -4.8% |
| 2026 | +44.1% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRH and RHP good diversifiers for each other?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between DRH and RHP?
As of 2026-08-27, the correlation of weekly returns between DRH and RHP is 0.80 over 3 years, 0.78 over 1 year and 0.85 over 5 years.
Is RHP a good diversifier for DRH?
Not really. At 0.80, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.80 mean?
A reading of 0.80 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/drh-vs-rhp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drh-vs-rhp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRH correlations · RHP correlations
