HST vs USAR: Correlation
How closely do Host Hotels & Resorts (HST) and USA Rare Earth, Inc. (USAR) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HST and USAR?
Over the past 3 years, HST and USAR moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -526.3 %².
Out of 37 assets tracked against HST, USAR lands near the bottom at #33. Their recent paths diverged sharply: over the last 12 months HST outperformed by 16.5 percentage points (+39.2% for HST against +22.7% for USAR). Note the risk asymmetry: USAR runs 4.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 USAR: side by side
| HST (Host Hotels & Resorts) | USAR (USA Rare Earth, Inc.) | |
|---|---|---|
| 1-year return | +39.2% | +22.7% |
| 5-year return | +73.4% | n/a |
| Volatility (ann.) | 24.2% | 98.3% |
| Beta vs S&P 500 | 0.78 | -0.14 |
| Max drawdown (3Y) | -36.0% | -69.2% |
| Market cap | $15.5B | $4.7B |
| P/E (trailing) | 15.1 | – |
| Dividend yield | 3.57% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | HST | USAR |
|---|---|---|
| 2022 | -4.6% | – |
| 2023 | +27.6% | – |
| 2024 | -5.5% | +11.1% |
| 2025 | +7.2% | +3.7% |
| 2026 | +32.2% | +61.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HST and USAR good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between HST and USAR?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.29 over the last year and n/a over 5 years.
Is USAR a good diversifier for HST?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 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-usar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hst-vs-usar/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HST correlations · USAR correlations
