HGV vs JACK: Correlation
Measured on weekly returns over the past three years, Hilton Grand Vacations Inc. (HGV) and Jack In The Box Inc. (JACK) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HGV and JACK?
Across a 3-year window, the weekly returns of HGV and JACK correlate at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Stretching to 5 years gives 0.46, with an annualized covariance of 1027.2 %².
Within HGV's tracked universe of 37 assets, JACK comes in at #27 by 3-year correlation. Over the last 12 months HGV came out ahead by 5.8 percentage points (-7.2% against -13.0%). Risk is not evenly split, since JACK carries 1.6 times the volatility of the other side.
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.
HGV vs JACK: side by side
| HGV (Hilton Grand Vacations Inc.) | JACK (Jack In The Box Inc.) | |
|---|---|---|
| 1-year return | -7.2% | -13.0% |
| 5-year return | +1.7% | -83.5% |
| Volatility (ann.) | 36.3% | 58.3% |
| Beta vs S&P 500 | 1.38 | 1.31 |
| Max drawdown (3Y) | -34.6% | -88.4% |
| Market cap | $3.4B | $0.3B |
| P/E (trailing) | 25.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HGV | JACK |
|---|---|---|
| 2022 | -26.0% | -20.2% |
| 2023 | +4.3% | +22.2% |
| 2024 | -3.1% | -47.3% |
| 2025 | +14.9% | -53.8% |
| 2026 | -2.1% | -16.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HGV and JACK good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HGV and JACK?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.51 over the last year and 0.46 over 5 years.
Is JACK a good diversifier for HGV?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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/hgv-vs-jack.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hgv-vs-jack/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HGV correlations · JACK correlations
