HST vs RLJ: Correlation
Measured on weekly returns over the past three years, Host Hotels & Resorts (HST) and RLJ Lodging Trust (RLJ) carry a correlation of 0.84, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HST and RLJ?
Across a 3-year window, the weekly returns of HST and RLJ correlate at 0.84, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.81 lands near the 3-year figure. Stretching to 5 years gives 0.88, with an annualized covariance of 547.7 %².
In HST's tracked universe of 37 assets, RLJ sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months RLJ outperformed by 17.6 percentage points (+39.2% for HST against +56.8% for RLJ).
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 RLJ: side by side
| HST (Host Hotels & Resorts) | RLJ (RLJ Lodging Trust) | |
|---|---|---|
| 1-year return | +39.2% | +56.8% |
| 5-year return | +73.4% | -2.6% |
| Volatility (ann.) | 24.2% | 27.0% |
| Beta vs S&P 500 | 0.78 | 0.76 |
| Max drawdown (3Y) | -36.0% | -44.2% |
| Market cap | $15.5B | $1.7B |
| P/E (trailing) | 15.1 | 1138.0 |
| Dividend yield | 3.57% | 5.24% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | HST | RLJ |
|---|---|---|
| 2022 | -4.6% | -23.1% |
| 2023 | +27.6% | +14.6% |
| 2024 | -5.5% | -8.4% |
| 2025 | +7.2% | -21.0% |
| 2026 | +32.2% | +57.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HST and RLJ good diversifiers for each other?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between HST and RLJ?
As of 2026-08-27, the correlation of weekly returns between HST and RLJ is 0.84 over 3 years, 0.81 over 1 year and 0.88 over 5 years.
Is RLJ a good diversifier for HST?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.84 mean?
On the −1 to +1 scale, 0.84 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/hst-vs-rlj.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hst-vs-rlj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HST correlations · RLJ correlations
