HGV vs SVC: Correlation
Hilton Grand Vacations Inc. (HGV) and Service Properties Trust (SVC) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HGV and SVC?
On 3 years of weekly data the HGV/SVC correlation comes out at 0.47, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.27 versus 0.47 over 3 years. The 5-year figure is 0.56, and annualized covariance runs at 892.0 %².
By 3-year correlation, SVC places #30 of the 37 assets tracked against HGV. Correlation aside, the last 12 months split them widely, with HGV ahead by 35.6 points (-7.2% versus -42.8%).
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 SVC: side by side
| HGV (Hilton Grand Vacations Inc.) | SVC (Service Properties Trust) | |
|---|---|---|
| 1-year return | -7.2% | -42.8% |
| 5-year return | +1.7% | -82.5% |
| Volatility (ann.) | 36.3% | 51.8% |
| Beta vs S&P 500 | 1.38 | 1.12 |
| Max drawdown (3Y) | -34.6% | -84.7% |
| Market cap | $3.4B | $1.0B |
| P/E (trailing) | 25.6 | – |
| Dividend yield | 0.00% | 2.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HGV | SVC |
|---|---|---|
| 2022 | -26.0% | -14.5% |
| 2023 | +4.3% | +29.1% |
| 2024 | -3.1% | -67.3% |
| 2025 | +14.9% | -26.3% |
| 2026 | -2.1% | -15.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HGV and SVC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between HGV and SVC?
The HGV/SVC correlation stands at 0.47 on a 3-year window (1 year: 0.27, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is SVC a good diversifier for HGV?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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-svc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hgv-vs-svc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HGV correlations · SVC correlations
