EXPE vs HKIT: Correlation
Expedia Group (EXPE) and Hitek Global Inc. - Class A (HKIT) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXPE and HKIT?
On 3 years of weekly data the EXPE/HKIT correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.12 over 1 year against -0.15 over 3. The 5-year figure is n/a, and annualized covariance runs at -1470.4 %².
By 3-year correlation, HKIT places #26 of the 33 assets tracked against EXPE. Their recent paths diverged sharply: over the last 12 months EXPE outperformed by 151.4 percentage points (+51.5% for EXPE against -99.9% for HKIT). One caveat on sizing: HKIT is 5.5 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.
EXPE vs HKIT: side by side
| EXPE (Expedia Group) | HKIT (Hitek Global Inc. - Class A) | |
|---|---|---|
| 1-year return | +51.5% | -99.9% |
| 5-year return | +123.9% | n/a |
| Volatility (ann.) | 42.7% | 233.1% |
| Beta vs S&P 500 | 1.33 | 1.70 |
| Max drawdown (3Y) | -37.4% | -100.0% |
| Market cap | $38.3B | – |
| P/E (trailing) | 21.0 | 0.0 |
| Dividend yield | 0.53% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | EXPE | HKIT |
|---|---|---|
| 2022 | -51.5% | – |
| 2023 | +73.3% | – |
| 2024 | +22.8% | +36.2% |
| 2025 | +53.3% | +55.9% |
| 2026 | +13.1% | -100.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXPE and HKIT good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between EXPE and HKIT?
As of 2026-08-27, the correlation of weekly returns between EXPE and HKIT is -0.15 over 3 years, -0.12 over 1 year and n/a over 5 years.
Is HKIT a good diversifier for EXPE?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
A reading of -0.15 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/expe-vs-hkit.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/expe-vs-hkit/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXPE correlations · HKIT correlations
