EBAY vs EXPE: Correlation
How closely do eBay Inc. (EBAY) and Expedia Group (EXPE) trade together? Their weekly returns over three years give a correlation of 0.25, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBAY and EXPE?
Across a 3-year window, the weekly returns of EBAY and EXPE correlate at 0.25, weak. Little has changed lately, as the 1-year reading of 0.25 lands near the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 312.6 %².
Within EBAY's tracked universe of 33 assets, EXPE comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months EXPE outperformed by 40.9 percentage points (+10.6% for EBAY against +51.5% for EXPE). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from 0.10 to 0.68.
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.
EBAY vs EXPE: side by side
| EBAY (eBay Inc.) | EXPE (Expedia Group) | |
|---|---|---|
| 1-year return | +10.6% | +51.5% |
| 5-year return | +43.9% | +123.9% |
| Volatility (ann.) | 28.9% | 42.7% |
| Beta vs S&P 500 | 0.58 | 1.33 |
| Max drawdown (3Y) | -20.7% | -37.4% |
| Market cap | $45.5B | $38.3B |
| P/E (trailing) | 21.9 | 21.0 |
| Dividend yield | 1.15% | 0.53% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | EBAY | EXPE |
|---|---|---|
| 2022 | -36.5% | -51.5% |
| 2023 | +7.7% | +73.3% |
| 2024 | +44.8% | +22.8% |
| 2025 | +42.7% | +53.3% |
| 2026 | +18.1% | +13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBAY and EXPE good diversifiers for each other?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EBAY and EXPE?
The EBAY/EXPE correlation stands at 0.25 on a 3-year window (1 year: 0.25, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is EXPE a good diversifier for EBAY?
A fair diversifier. At 0.25, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.25 mean?
On the −1 to +1 scale, 0.25 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
$ curl https://www.pairbook.io/api/v1/pairs/ebay-vs-expe.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ebay-vs-expe/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EBAY correlations · EXPE correlations
