NCLH correlations (Norwegian Cruise Line Holdings)
Every correlation that matters for NCLH: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Consumer Discretionary · Hotels, Resorts & Cruise Lines
Volatility (ann.)
49.9%
3y weekly
Beta vs S&P 500
1.52
3y weekly
1-year return
-33.1%
price, adjusted
5-year return
-34.4%
price, adjusted
Market cap
$7.6B
latest
P/E ratio
10.1
trailing
Max drawdown
-49.1%
3y, daily closes
NCLH over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with NCLH
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| CCL | Carnival Corporation | 0.83 | |
| RCL | Royal Caribbean Group | 0.71 | |
| VIK | Viking Holdings Ltd | 0.68 | |
| HBAN | Huntington Bancshares | 0.60 | |
| RF | Regions Financial Corporation | 0.59 | |
| JETS | US Global Jets ETF | 0.59 | |
| KEY | KeyCorp | 0.58 | |
| PNC | PNC Financial Services | 0.58 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.58 | |
| FITB | Fifth Third Bancorp | 0.57 | |
| ASB | Associated Banc-Corp | 0.57 | |
| SYF | Synchrony Financial | 0.57 | |
| SKYW | SkyWest, Inc. | 0.57 | |
| IWM | iShares Russell 2000 ETF | 0.57 | |
| MTB | M&T Bank | 0.57 |
Best diversifiers for NCLH
These are the assets whose returns had the least to do with NCLH's, historically the most independent picks in our universe.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.46 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.41 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.27 | |
| CBOE | Cboe Global Markets | -0.24 | |
| EQNR | Equinor ASA | -0.20 | |
| MACI | Melar Acquisition Corp. I - Class A | -0.20 | |
| MOBX | Mobix Labs, Inc. | -0.19 | |
| MXC | Mexco Energy Corporation | -0.18 | |
| GTE | Gran Tierra Energy Inc. | -0.18 | |
| USO | United States Oil Fund | -0.17 |
NCLH vs benchmarks
NCLH vs its peers
Get NCLH data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/nclh.jsonCorrelations, diversifiers, beta and volatility for NCLH, plus one endpoint per pair. API documentation.
