HGV vs KSS: Correlation
Hilton Grand Vacations Inc. (HGV) and Kohl's Corporation (KSS) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HGV and KSS?
On 3 years of weekly data the HGV/KSS correlation comes out at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 1371.8 %².
Among the 37 assets we track against HGV, KSS ranks #20 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KSS outperformed by 22.9 percentage points (-7.2% for HGV against +15.7% for KSS). One caveat on sizing: KSS is 2.0 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.
HGV vs KSS: side by side
| HGV (Hilton Grand Vacations Inc.) | KSS (Kohl's Corporation) | |
|---|---|---|
| 1-year return | -7.2% | +15.7% |
| 5-year return | +1.7% | -57.2% |
| Volatility (ann.) | 36.3% | 71.1% |
| Beta vs S&P 500 | 1.38 | 1.76 |
| Max drawdown (3Y) | -34.6% | -77.0% |
| Market cap | $3.4B | – |
| P/E (trailing) | 25.6 | 7.7 |
| Dividend yield | 0.00% | 2.79% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HGV | KSS |
|---|---|---|
| 2022 | -26.0% | -46.0% |
| 2023 | +4.3% | +23.8% |
| 2024 | -3.1% | -45.8% |
| 2025 | +14.9% | +51.5% |
| 2026 | -2.1% | -9.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HGV and KSS good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HGV and KSS?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.53 over the last year and 0.53 over 5 years.
Is KSS a good diversifier for HGV?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 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/hgv-vs-kss.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hgv-vs-kss/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HGV correlations · KSS correlations
