HST vs XHR: Correlation
Host Hotels & Resorts (HST) and Xenia Hotels & Resorts, Inc. (XHR) show a very strong relationship: their 3-year correlation of weekly returns is 0.80.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HST and XHR?
On 3 years of weekly data the HST/XHR correlation comes out at 0.80, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.83 lands near the 3-year figure. The 5-year figure is 0.83, and annualized covariance runs at 584.2 %².
Among the 37 assets we track against HST, XHR ranks #5 by 3-year correlation. Twelve-month performance is nearly a tie, at +39.2% for HST and +40.2% for XHR.
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 XHR: side by side
| HST (Host Hotels & Resorts) | XHR (Xenia Hotels & Resorts, Inc.) | |
|---|---|---|
| 1-year return | +39.2% | +40.2% |
| 5-year return | +73.4% | +29.3% |
| Volatility (ann.) | 24.2% | 30.0% |
| Beta vs S&P 500 | 0.78 | 0.97 |
| Max drawdown (3Y) | -36.0% | -42.5% |
| Market cap | $15.5B | $1.9B |
| P/E (trailing) | 15.1 | – |
| Dividend yield | 3.57% | 2.90% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | HST | XHR |
|---|---|---|
| 2022 | -4.6% | -26.1% |
| 2023 | +27.6% | +6.7% |
| 2024 | -5.5% | +12.7% |
| 2025 | +7.2% | -0.7% |
| 2026 | +32.2% | +38.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HST and XHR good diversifiers for each other?
No. With a correlation of 0.80, HST and XHR move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between HST and XHR?
As of 2026-08-27, the correlation of weekly returns between HST and XHR is 0.80 over 3 years, 0.83 over 1 year and 0.83 over 5 years.
Is XHR a good diversifier for HST?
No. With a correlation of 0.80, HST and XHR move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.80 mean?
On the −1 to +1 scale, 0.80 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-xhr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hst-vs-xhr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HST correlations · XHR correlations
