MAR vs PEB: Correlation
Measured on weekly returns over the past three years, Marriott International (MAR) and Pebblebrook Hotel Trust (PEB) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAR and PEB?
Over the past 3 years, MAR and PEB moved with a correlation of 0.63, which is strong. The relationship has been stable: the 1-year correlation (0.63) sits close to the 3-year figure. Over 5 years the correlation is 0.73, and the annualized covariance of weekly returns is 554.3 %².
Among the 40 assets we track against MAR, PEB ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PEB outperformed by 30.8 percentage points (+32.3% for MAR against +63.1% for PEB).
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.
MAR vs PEB: side by side
| MAR (Marriott International) | PEB (Pebblebrook Hotel Trust) | |
|---|---|---|
| 1-year return | +32.3% | +63.1% |
| 5-year return | +173.2% | -14.2% |
| Volatility (ann.) | 24.6% | 35.5% |
| Beta vs S&P 500 | 0.97 | 1.16 |
| Max drawdown (3Y) | -30.5% | -53.4% |
| Market cap | $92.3B | $2.1B |
| P/E (trailing) | 36.7 | – |
| Dividend yield | 0.76% | 0.22% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | MAR | PEB |
|---|---|---|
| 2022 | -9.3% | -40.0% |
| 2023 | +53.1% | +19.7% |
| 2024 | +24.9% | -15.0% |
| 2025 | +12.3% | -16.1% |
| 2026 | +14.7% | +61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAR and PEB good diversifiers for each other?
Only partially. A correlation of 0.63 means MAR and PEB 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 MAR and PEB?
Using weekly returns as of 2026-08-27: 0.63 over 3 years, with 0.63 over the last year and 0.73 over 5 years.
Is PEB a good diversifier for MAR?
Only partially. A correlation of 0.63 means MAR and PEB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.63 mean?
A reading of 0.63 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
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Related comparisons
Hubs: MAR correlations · PEB correlations
