HLT vs VIG: Correlation
How closely do Hilton Worldwide (HLT) and Vanguard Dividend Appreciation ETF (VIG) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLT and VIG?
Over the past 3 years, HLT and VIG moved with a correlation of 0.62, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.43 versus 0.62 over 3 years. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 153.4 %².
By 3-year correlation, VIG places #12 of the 40 assets tracked against HLT. Their 12-month results are close: +18.1% for HLT against +17.1% for VIG. On a rolling one-year basis the correlation drifted between 0.44 and 0.73, a moderate band. Risk is not evenly split, since HLT carries 1.7 times the volatility of the other side.
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 VIG: side by side
| HLT (Hilton Worldwide) | VIG (Vanguard Dividend Appreciation ETF) | |
|---|---|---|
| 1-year return | +18.1% | +17.1% |
| 5-year return | +162.7% | +64.0% |
| Volatility (ann.) | 20.7% | 11.9% |
| Beta vs S&P 500 | 0.85 | 0.74 |
| Max drawdown (3Y) | -26.4% | -15.0% |
| Market cap | $73.3B | – |
| P/E (trailing) | 47.8 | – |
| Dividend yield | 0.18% | 1.50% |
| Expense ratio | – | 0.04% |
| Assets under management | – | $130.9B |
| Sector / category | Consumer Discretionary | ETF · Dividend |
VIG, Vanguard's Large Blend fund, carries $130.9B under management, 333 holdings, a 0.04% expense ratio, a 1.50% trailing dividend yield.
Year-by-year returns
| Year | HLT | VIG |
|---|---|---|
| 2022 | -18.7% | -9.8% |
| 2023 | +44.7% | +14.5% |
| 2024 | +36.1% | +17.0% |
| 2025 | +16.5% | +14.2% |
| 2026 | +13.5% | +11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLT and VIG good diversifiers for each other?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between HLT and VIG?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.43 over the last year and 0.63 over 5 years.
Is VIG a good diversifier for HLT?
To a limited degree. At 0.62 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.62 mean?
A reading of 0.62 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-vig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hlt-vs-vig/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HLT correlations · VIG correlations
