INN vs SVC: Correlation
How closely do Summit Hotel Properties, Inc. (INN) and Service Properties Trust (SVC) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INN and SVC?
Across a 3-year window, the weekly returns of INN and SVC correlate at 0.46, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.16 versus 0.46 over 3 years. Stretching to 5 years gives 0.55, with an annualized covariance of 819.8 %².
Within INN's tracked universe of 14 assets, SVC comes in at #7 by 3-year correlation. The last year tells two different stories: INN led by 56.8 percentage points, +14.0% for INN against -42.8% for SVC.
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.
INN vs SVC: side by side
| INN (Summit Hotel Properties, Inc.) | SVC (Service Properties Trust) | |
|---|---|---|
| 1-year return | +14.0% | -42.8% |
| 5-year return | -22.7% | -82.5% |
| Volatility (ann.) | 34.6% | 51.8% |
| Beta vs S&P 500 | 1.06 | 1.12 |
| Max drawdown (3Y) | -46.3% | -84.7% |
| Market cap | $0.6B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 5.34% | 2.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INN | SVC |
|---|---|---|
| 2022 | -25.3% | -14.5% |
| 2023 | -3.7% | +29.1% |
| 2024 | +6.9% | -67.3% |
| 2025 | -24.5% | -26.3% |
| 2026 | +27.0% | -15.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INN and SVC good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between INN and SVC?
As of 2026-08-27, the correlation of weekly returns between INN and SVC is 0.46 over 3 years, 0.16 over 1 year and 0.55 over 5 years.
Is SVC a good diversifier for INN?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inn-vs-svc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/inn-vs-svc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INN correlations · SVC correlations
