IHT vs LXU: Correlation
Measured on weekly returns over the past three years, InnSuites Hospitality Trust Shares of Beneficial Interest (IHT) and LSB Industries, Inc. (LXU) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IHT and LXU?
Over the past 3 years, IHT and LXU moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.22 over 3. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -543.8 %².
Within IHT's tracked universe of 20 assets, LXU comes in at #14 by 3-year correlation. The last year tells two different stories: LXU led by 60.0 percentage points, -33.8% for IHT against +26.2% for LXU.
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.
IHT vs LXU: side by side
| IHT (InnSuites Hospitality Trust Shares of Beneficial Interest) | LXU (LSB Industries, Inc.) | |
|---|---|---|
| 1-year return | -33.8% | +26.2% |
| 5-year return | -63.6% | +67.6% |
| Volatility (ann.) | 55.0% | 45.6% |
| Beta vs S&P 500 | 0.07 | 0.53 |
| Max drawdown (3Y) | -69.6% | -53.8% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 20.9 |
| Dividend yield | 1.44% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IHT | LXU |
|---|---|---|
| 2022 | -22.9% | +20.4% |
| 2023 | +2.3% | -30.0% |
| 2024 | +29.5% | -18.5% |
| 2025 | -37.4% | +12.0% |
| 2026 | -3.6% | +22.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IHT and LXU good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IHT and LXU?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.24 over the last year and -0.04 over 5 years.
Is LXU a good diversifier for IHT?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
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/iht-vs-lxu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/iht-vs-lxu/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IHT correlations · LXU correlations
