EVR vs HLT: Correlation
Measured on weekly returns over the past three years, Evercore Inc. (EVR) and Hilton Worldwide (HLT) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVR and HLT?
On 3 years of weekly data the EVR/HLT correlation comes out at 0.63, strong. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.57, and annualized covariance runs at 465.6 %².
By 3-year correlation, HLT places #16 of the 22 assets tracked against EVR. The last year tells two different stories: HLT led by 27.1 percentage points, -9.0% for EVR against +18.1% for HLT. One caveat on sizing: EVR is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EVR vs HLT: side by side
| EVR (Evercore Inc.) | HLT (Hilton Worldwide) | |
|---|---|---|
| 1-year return | -9.0% | +18.1% |
| 5-year return | +125.5% | +162.7% |
| Volatility (ann.) | 35.8% | 20.7% |
| Beta vs S&P 500 | 1.64 | 0.85 |
| Max drawdown (3Y) | -47.9% | -26.4% |
| Market cap | $11.2B | $73.3B |
| P/E (trailing) | 16.4 | 47.8 |
| Dividend yield | 1.19% | 0.18% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | EVR | HLT |
|---|---|---|
| 2022 | -17.6% | -18.7% |
| 2023 | +60.6% | +44.7% |
| 2024 | +64.3% | +36.1% |
| 2025 | +24.3% | +16.5% |
| 2026 | -13.7% | +13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVR and HLT good diversifiers for each other?
Only partially. A correlation of 0.63 means EVR and HLT 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 EVR and HLT?
Using weekly returns as of 2026-08-27: 0.63 over 3 years, with 0.58 over the last year and 0.57 over 5 years.
Is HLT a good diversifier for EVR?
Only partially. A correlation of 0.63 means EVR and HLT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.63 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/evr-vs-hlt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/evr-vs-hlt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EVR correlations · HLT correlations
