HST vs USB: Correlation
Measured on weekly returns over the past three years, Host Hotels & Resorts (HST) and U.S. Bancorp (USB) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HST and USB?
Over the past 3 years, HST and USB moved with a correlation of 0.61, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.39 versus 0.61 over 3 years. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 402.9 %².
Among the 37 assets we track against HST, USB ranks #15 by 3-year correlation. Over the last 12 months HST came out ahead by 6.1 percentage points (+39.2% against +33.1%). On a rolling one-year basis the correlation drifted between 0.34 and 0.74, a moderate band.
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 USB: side by side
| HST (Host Hotels & Resorts) | USB (U.S. Bancorp) | |
|---|---|---|
| 1-year return | +39.2% | +33.1% |
| 5-year return | +73.4% | +36.0% |
| Volatility (ann.) | 24.2% | 27.3% |
| Beta vs S&P 500 | 0.78 | 1.09 |
| Max drawdown (3Y) | -36.0% | -30.6% |
| Market cap | $15.5B | $97.2B |
| P/E (trailing) | 15.1 | 12.5 |
| Dividend yield | 3.57% | 3.31% |
| Sector / category | Real Estate | Financials |
Year-by-year returns
| Year | HST | USB |
|---|---|---|
| 2022 | -4.6% | -19.1% |
| 2023 | +27.6% | +4.8% |
| 2024 | -5.5% | +15.6% |
| 2025 | +7.2% | +16.5% |
| 2026 | +32.2% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HST and USB good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HST and USB?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.39 over the last year and 0.51 over 5 years.
Is USB a good diversifier for HST?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
On the −1 to +1 scale, 0.61 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-usb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hst-vs-usb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HST correlations · USB correlations
