HST vs RHP: Correlation
How closely do Host Hotels & Resorts (HST) and Ryman Hospitality Properties, Inc. (REIT) (RHP) trade together? Their weekly returns over three years give a correlation of 0.79, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HST and RHP?
On 3 years of weekly data the HST/RHP correlation comes out at 0.79, strong. The relationship has been stable: the 1-year correlation (0.81) sits close to the 3-year figure. The 5-year figure is 0.84, and annualized covariance runs at 448.4 %².
Within HST's tracked universe of 37 assets, RHP comes in at #7 by 3-year correlation. Twelve-month performance is nearly a tie, at +39.2% for HST and +36.4% for RHP.
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.
HST vs RHP: side by side
| HST (Host Hotels & Resorts) | RHP (Ryman Hospitality Properties, Inc. (REIT)) | |
|---|---|---|
| 1-year return | +39.2% | +36.4% |
| 5-year return | +73.4% | +87.5% |
| Volatility (ann.) | 24.2% | 23.4% |
| Beta vs S&P 500 | 0.78 | 0.65 |
| Max drawdown (3Y) | -36.0% | -32.1% |
| Market cap | $15.5B | $8.9B |
| P/E (trailing) | 15.1 | 31.6 |
| Dividend yield | 3.57% | 3.64% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | HST | RHP |
|---|---|---|
| 2022 | -4.6% | -10.7% |
| 2023 | +27.6% | +40.4% |
| 2024 | -5.5% | -1.1% |
| 2025 | +7.2% | -4.8% |
| 2026 | +32.2% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HST and RHP good diversifiers for each other?
Somewhat, no more. With 0.79 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HST and RHP?
Using weekly returns as of 2026-08-27: 0.79 over 3 years, with 0.81 over the last year and 0.84 over 5 years.
Is RHP a good diversifier for HST?
Somewhat, no more. With 0.79 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.79 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hst-vs-rhp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hst-vs-rhp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HST correlations · RHP correlations
