HGV vs RL: Correlation
How closely do Hilton Grand Vacations Inc. (HGV) and Ralph Lauren Corporation (RL) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HGV and RL?
Over the past 3 years, HGV and RL moved with a correlation of 0.52, which is moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 634.4 %².
Within HGV's tracked universe of 37 assets, RL comes in at #21 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RL outperformed by 27.9 percentage points (-7.2% for HGV against +20.7% for RL).
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 RL: side by side
| HGV (Hilton Grand Vacations Inc.) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | -7.2% | +20.7% |
| 5-year return | +1.7% | +232.5% |
| Volatility (ann.) | 36.3% | 33.6% |
| Beta vs S&P 500 | 1.38 | 1.07 |
| Max drawdown (3Y) | -34.6% | -36.2% |
| Market cap | $3.4B | $21.0B |
| P/E (trailing) | 25.6 | 22.8 |
| Dividend yield | 0.00% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | HGV | RL |
|---|---|---|
| 2022 | -26.0% | -8.4% |
| 2023 | +4.3% | +39.8% |
| 2024 | -3.1% | +62.9% |
| 2025 | +14.9% | +55.0% |
| 2026 | -2.1% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HGV and RL good diversifiers for each other?
Only partially. A correlation of 0.52 means HGV and RL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HGV and RL?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.57 over the last year and 0.58 over 5 years.
Is RL a good diversifier for HGV?
Only partially. A correlation of 0.52 means HGV and RL share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/hgv-vs-rl.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: HGV correlations · RL correlations
