HLT vs MAR: Correlation
Hilton Worldwide (HLT) and Marriott International (MAR) show a very strong relationship: their 3-year correlation of weekly returns is 0.86.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLT and MAR?
Over the past 3 years, HLT and MAR moved with a correlation of 0.86, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.84 lands near the 3-year figure. Over 5 years the correlation is 0.90, and the annualized covariance of weekly returns is 438.9 %².
Few assets follow HLT as closely as MAR, which ranks #1 of 40 tracked partners. The trailing year gives MAR the advantage: +18.1% versus +32.3%, a 14.2-point spread. The link looks structural: the rolling one-year correlation barely moved, holding between 0.81 and 0.94.
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.
HLT vs MAR: side by side
| HLT (Hilton Worldwide) | MAR (Marriott International) | |
|---|---|---|
| 1-year return | +18.1% | +32.3% |
| 5-year return | +162.7% | +173.2% |
| Volatility (ann.) | 20.7% | 24.6% |
| Beta vs S&P 500 | 0.85 | 0.97 |
| Max drawdown (3Y) | -26.4% | -30.5% |
| Market cap | $73.3B | $92.3B |
| P/E (trailing) | 47.8 | 36.7 |
| Dividend yield | 0.18% | 0.76% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HLT | MAR |
|---|---|---|
| 2022 | -18.7% | -9.3% |
| 2023 | +44.7% | +53.1% |
| 2024 | +36.1% | +24.9% |
| 2025 | +16.5% | +12.3% |
| 2026 | +13.5% | +14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLT and MAR good diversifiers for each other?
No. With a correlation of 0.86, HLT and MAR move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between HLT and MAR?
As of 2026-08-27, the correlation of weekly returns between HLT and MAR is 0.86 over 3 years, 0.84 over 1 year and 0.90 over 5 years.
Is MAR a good diversifier for HLT?
No. With a correlation of 0.86, HLT and MAR move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.86 mean?
On the −1 to +1 scale, 0.86 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/hlt-vs-mar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hlt-vs-mar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HLT correlations · MAR correlations
