HGV vs OXM: Correlation
How closely do Hilton Grand Vacations Inc. (HGV) and Oxford Industries, Inc. (OXM) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HGV and OXM?
Across a 3-year window, the weekly returns of HGV and OXM correlate at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Stretching to 5 years gives 0.46, with an annualized covariance of 787.6 %².
By 3-year correlation, OXM places #31 of the 37 assets tracked against HGV. Neither side won the trailing year by much: -7.2% against -9.2%.
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 OXM: side by side
| HGV (Hilton Grand Vacations Inc.) | OXM (Oxford Industries, Inc.) | |
|---|---|---|
| 1-year return | -7.2% | -9.2% |
| 5-year return | +1.7% | -50.3% |
| Volatility (ann.) | 36.3% | 47.0% |
| Beta vs S&P 500 | 1.38 | 1.00 |
| Max drawdown (3Y) | -34.6% | -69.4% |
| Market cap | $3.4B | $0.6B |
| P/E (trailing) | 25.6 | – |
| Dividend yield | 0.00% | 7.14% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HGV | OXM |
|---|---|---|
| 2022 | -26.0% | -6.1% |
| 2023 | +4.3% | +10.0% |
| 2024 | -3.1% | -18.9% |
| 2025 | +14.9% | -54.0% |
| 2026 | -2.1% | +17.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HGV and OXM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HGV and OXM?
The HGV/OXM correlation stands at 0.46 on a 3-year window (1 year: 0.48, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is OXM a good diversifier for HGV?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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-oxm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hgv-vs-oxm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HGV correlations · OXM correlations
