H vs HST: Correlation
How closely do Hyatt Hotels Corporation (H) and Host Hotels & Resorts (HST) trade together? Their weekly returns over three years give a correlation of 0.69, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are H and HST?
Over the past 3 years, H and HST moved with a correlation of 0.69, which is strong. Recent behaviour matches the longer record: 0.66 over 1 year against 0.69 over 3. Over 5 years the correlation is 0.73, and the annualized covariance of weekly returns is 495.1 %².
HST is one of the assets that tracks H most closely: it ranks #3 out of the 10 assets we track against H. Their recent paths diverged sharply: over the last 12 months HST outperformed by 19.2 percentage points (+20.0% for H against +39.2% for HST).
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.
H vs HST: side by side
| H (Hyatt Hotels Corporation) | HST (Host Hotels & Resorts) | |
|---|---|---|
| 1-year return | +20.0% | +39.2% |
| 5-year return | +139.1% | +73.4% |
| Volatility (ann.) | 29.7% | 24.2% |
| Beta vs S&P 500 | 1.09 | 0.78 |
| Max drawdown (3Y) | -37.3% | -36.0% |
| Market cap | $16.3B | $15.5B |
| P/E (trailing) | 216.6 | 15.1 |
| Dividend yield | 0.34% | 3.57% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | H | HST |
|---|---|---|
| 2022 | -5.7% | -4.6% |
| 2023 | +44.8% | +27.6% |
| 2024 | +20.9% | -5.5% |
| 2025 | +2.6% | +7.2% |
| 2026 | +8.3% | +32.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are H and HST good diversifiers for each other?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between H and HST?
The H/HST correlation stands at 0.69 on a 3-year window (1 year: 0.66, 5 years: 0.73), computed from weekly returns as of 2026-08-27.
Is HST a good diversifier for H?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/h-vs-hst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/h-vs-hst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: H correlations · HST correlations
