HST vs WY: Correlation
How closely do Host Hotels & Resorts (HST) and Weyerhaeuser (WY) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HST and WY?
Across a 3-year window, the weekly returns of HST and WY correlate at 0.54, moderate. The past 12 months show a weaker link (0.43) than the 3-year average (0.54). Stretching to 5 years gives 0.54, with an annualized covariance of 321.9 %².
By 3-year correlation, WY places #17 of the 37 assets tracked against HST. The last year tells two different stories: HST led by 45.3 percentage points, +39.2% for HST against -6.1% for WY. Across three years, the rolling one-year figure varied moderately, from 0.42 to 0.70.
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 WY: side by side
| HST (Host Hotels & Resorts) | WY (Weyerhaeuser) | |
|---|---|---|
| 1-year return | +39.2% | -6.1% |
| 5-year return | +73.4% | -19.5% |
| Volatility (ann.) | 24.2% | 24.8% |
| Beta vs S&P 500 | 0.78 | 0.64 |
| Max drawdown (3Y) | -36.0% | -38.0% |
| Market cap | $15.5B | $17.1B |
| P/E (trailing) | 15.1 | 36.5 |
| Dividend yield | 3.57% | 3.49% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | HST | WY |
|---|---|---|
| 2022 | -4.6% | -20.4% |
| 2023 | +27.6% | +18.0% |
| 2024 | -5.5% | -16.6% |
| 2025 | +7.2% | -13.0% |
| 2026 | +32.2% | +1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HST and WY good diversifiers for each other?
Only partially. A correlation of 0.54 means HST and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between HST and WY?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.43 over the last year and 0.54 over 5 years.
Is WY a good diversifier for HST?
Only partially. A correlation of 0.54 means HST and WY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 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-wy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hst-vs-wy/)
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Related comparisons
Hubs: HST correlations · WY correlations
