HLT vs SBUX: Correlation
Measured on weekly returns over the past three years, Hilton Worldwide (HLT) and Starbucks (SBUX) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLT and SBUX?
Over the past 3 years, HLT and SBUX moved with a correlation of 0.34, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.34 over 3 years. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 242.3 %².
By 3-year correlation, SBUX places #30 of the 40 assets tracked against HLT. The trailing year gives SBUX the advantage: +18.1% versus +25.5%, a 7.4-point spread. On a rolling one-year basis the correlation drifted between 0.17 and 0.57, a moderate band. One caveat on sizing: SBUX is 1.7 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.
HLT vs SBUX: side by side
| HLT (Hilton Worldwide) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | +18.1% | +25.5% |
| 5-year return | +162.7% | +4.5% |
| Volatility (ann.) | 20.7% | 34.2% |
| Beta vs S&P 500 | 0.85 | 1.10 |
| Max drawdown (3Y) | -26.4% | -32.0% |
| Market cap | $73.3B | $122.3B |
| P/E (trailing) | 47.8 | 62.7 |
| Dividend yield | 0.18% | 2.29% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HLT | SBUX |
|---|---|---|
| 2022 | -18.7% | -13.2% |
| 2023 | +44.7% | -1.2% |
| 2024 | +36.1% | -2.5% |
| 2025 | +16.5% | -5.3% |
| 2026 | +13.5% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLT and SBUX good diversifiers for each other?
Reasonably. At 0.34, HLT and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between HLT and SBUX?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.20 over the last year and 0.40 over 5 years.
Is SBUX a good diversifier for HLT?
Reasonably. At 0.34, HLT and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 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/hlt-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hlt-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HLT correlations · SBUX correlations
