MAR vs XHR: Correlation
Measured on weekly returns over the past three years, Marriott International (MAR) and Xenia Hotels & Resorts, Inc. (XHR) carry a correlation of 0.60, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAR and XHR?
Over the past 3 years, MAR and XHR moved with a correlation of 0.60, which is strong. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Over 5 years the correlation is 0.71, and the annualized covariance of weekly returns is 446.5 %².
Among the 40 assets we track against MAR, XHR ranks #15 by 3-year correlation. The trailing year gives XHR the advantage: +32.3% versus +40.2%, a 7.9-point spread.
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 XHR: side by side
| MAR (Marriott International) | XHR (Xenia Hotels & Resorts, Inc.) | |
|---|---|---|
| 1-year return | +32.3% | +40.2% |
| 5-year return | +173.2% | +29.3% |
| Volatility (ann.) | 24.6% | 30.0% |
| Beta vs S&P 500 | 0.97 | 0.97 |
| Max drawdown (3Y) | -30.5% | -42.5% |
| Market cap | $92.3B | $1.9B |
| P/E (trailing) | 36.7 | – |
| Dividend yield | 0.76% | 2.90% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | MAR | XHR |
|---|---|---|
| 2022 | -9.3% | -26.1% |
| 2023 | +53.1% | +6.7% |
| 2024 | +24.9% | +12.7% |
| 2025 | +12.3% | -0.7% |
| 2026 | +14.7% | +38.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAR and XHR good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between MAR and XHR?
As of 2026-08-27, the correlation of weekly returns between MAR and XHR is 0.60 over 3 years, 0.54 over 1 year and 0.71 over 5 years.
Is XHR a good diversifier for MAR?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 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/mar-vs-xhr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mar-vs-xhr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MAR correlations · XHR correlations
