LXFR vs XHR: Correlation
Measured on weekly returns over the past three years, Luxfer Holdings PLC (LXFR) and Xenia Hotels & Resorts, Inc. (XHR) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LXFR and XHR?
Across a 3-year window, the weekly returns of LXFR and XHR correlate at 0.57, moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.57 over 3. Stretching to 5 years gives 0.50, with an annualized covariance of 747.7 %².
In LXFR's tracked universe of 11 assets, XHR sits right near the top at #1. Over the last 12 months XHR came out ahead by 8.6 percentage points (+31.6% against +40.2%).
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.
LXFR vs XHR: side by side
| LXFR (Luxfer Holdings PLC) | XHR (Xenia Hotels & Resorts, Inc.) | |
|---|---|---|
| 1-year return | +31.6% | +40.2% |
| 5-year return | -1.2% | +29.3% |
| Volatility (ann.) | 44.1% | 30.0% |
| Beta vs S&P 500 | 0.97 | 0.97 |
| Max drawdown (3Y) | -42.1% | -42.5% |
| Market cap | $0.5B | $1.9B |
| P/E (trailing) | 35.0 | – |
| Dividend yield | 3.03% | 2.90% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LXFR | XHR |
|---|---|---|
| 2022 | -26.6% | -26.1% |
| 2023 | -32.3% | +6.7% |
| 2024 | +53.9% | +12.7% |
| 2025 | +7.8% | -0.7% |
| 2026 | +30.1% | +38.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LXFR and XHR good diversifiers for each other?
Only partially. A correlation of 0.57 means LXFR and XHR 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 LXFR and XHR?
As of 2026-08-27, the correlation of weekly returns between LXFR and XHR is 0.57 over 3 years, 0.51 over 1 year and 0.50 over 5 years.
Is XHR a good diversifier for LXFR?
Only partially. A correlation of 0.57 means LXFR and XHR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 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/lxfr-vs-xhr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lxfr-vs-xhr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LXFR correlations · XHR correlations
