RCL vs. HLT
RCL (Royal Caribbean Cruises Ltd.) and HLT (Hilton Worldwide Holdings Inc.) are both stocks. Both are in the Consumer Cyclical sector — RCL in Travel Services, HLT in Lodging. Over the past 10 years, RCL returned 16.48%/yr vs 48.93%/yr for HLT. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
RCL vs. HLT - Performance Comparison
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Returns By Period
In the year-to-date period, RCL achieves a 6.66% return, which is significantly lower than HLT's 20.55% return. Over the past 10 years, RCL has underperformed HLT with an annualized return of 16.48%, while HLT has yielded a comparatively higher 48.93% annualized return.
RCL
- 1D
- 2.23%
- 1M
- 13.68%
- YTD
- 6.66%
- 6M
- 7.04%
- 1Y
- 16.02%
- 3Y*
- 46.74%
- 5Y*
- 27.43%
- 10Y*
- 16.48%
HLT
- 1D
- 1.20%
- 1M
- 9.47%
- YTD
- 20.55%
- 6M
- 23.56%
- 1Y
- 42.14%
- 3Y*
- 34.51%
- 5Y*
- 22.21%
- 10Y*
- 48.93%
RCL vs. HLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RCL Royal Caribbean Cruises Ltd. | 6.66% | 22.46% | 78.98% | 161.97% | -35.72% | 2.96% | -43.50% | 39.94% | -16.13% | 48.22% |
HLT Hilton Worldwide Holdings Inc. | 20.55% | 16.49% | 36.11% | 44.68% | -18.72% | 40.20% | 0.47% | 55.48% | -9.40% | 829.98% |
Correlation
The correlation between RCL and HLT is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2013 | 0.58 |
The correlation between RCL and HLT has been stable across timeframes, ranging from 0.56 to 0.61 - a consistent structural relationship.
Fundamentals
RCL:
$79.78B
HLT:
$80.26B
RCL:
$16.41
HLT:
$6.50
RCL:
17.94
HLT:
53.23
RCL:
0.82
HLT:
0.86
RCL:
4.37
HLT:
6.68
RCL:
$18.39B
HLT:
$12.28B
RCL:
$8.68B
HLT:
$5.44B
RCL:
$7.13B
HLT:
$3.00B
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Return for Risk
RCL vs. HLT — Risk / Return Rank
RCL
HLT
RCL vs. HLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royal Caribbean Cruises Ltd. (RCL) and Hilton Worldwide Holdings Inc. (HLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RCL | HLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.29 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.39 | 3.75 | -3.35 |
| Martin ratioReturn relative to average drawdown | 0.66 | 8.72 | -8.06 |
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Drawdowns
RCL vs. HLT - Drawdown Comparison
The maximum RCL drawdown since its inception was -89.49%, which is greater than HLT's maximum drawdown of -50.82%. Use the drawdown chart below to compare losses from any high point for RCL and HLT.
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Drawdown Indicators
| RCL | HLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -50.82% | -38.67% |
Max Drawdown (1Y)Largest decline over 1 year | -32.36% | -10.29% | -22.07% |
Max Drawdown (3Y)Largest decline over 3 years | -35.02% | -26.35% | -8.67% |
Max Drawdown (5Y)Largest decline over 5 years | -67.64% | -32.65% | -34.99% |
Max Drawdown (10Y)Largest decline over 10 years | -83.30% | -50.82% | -32.48% |
Current DrawdownCurrent decline from peak | -18.16% | 0.00% | -18.16% |
Average DrawdownAverage peak-to-trough decline | -27.76% | -9.71% | -18.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.15% | 4.42% | +14.73% |
Volatility
RCL vs. HLT - Volatility Comparison
Royal Caribbean Cruises Ltd. (RCL) has a higher volatility of 14.15% compared to Hilton Worldwide Holdings Inc. (HLT) at 6.84%. This indicates that RCL's price experiences larger fluctuations and is considered to be riskier than HLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RCL | HLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.15% | 6.84% | +7.31% |
Volatility (6M)Calculated over the trailing 6-month period | 38.00% | 17.39% | +20.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.50% | 23.16% | +23.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.52% | 27.06% | +21.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.35% | 180.96% | -127.61% |
Dividends
RCL vs. HLT - Dividend Comparison
RCL's dividend yield for the trailing twelve months is around 1.70%, more than HLT's 0.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLT Hilton Worldwide Holdings Inc. | 0.17% | 0.21% | 0.24% | 0.33% | 0.36% | 0.00% | 0.13% | 0.54% | 0.84% | 31.40% | 1.03% | 0.65% |
RCL Royal Caribbean Cruises Ltd. | 1.70% | 1.25% | 0.41% | 0.00% | 0.00% | 0.00% | 1.04% | 2.22% | 2.66% | 1.81% | 2.08% | 1.33% |
Financials
RCL vs. HLT - Financials Comparison
This section allows you to compare key financial metrics between Royal Caribbean Cruises Ltd. and Hilton Worldwide Holdings Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
RCL vs. HLT - Profitability Comparison
RCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Royal Caribbean Cruises Ltd. reported a gross profit of 2.21B and revenue of 4.45B. Therefore, the gross margin over that period was 49.5%.
HLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hilton Worldwide Holdings Inc. reported a gross profit of 1.18B and revenue of 2.94B. Therefore, the gross margin over that period was 40.3%.
RCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Royal Caribbean Cruises Ltd. reported an operating income of 1.16B and revenue of 4.45B, resulting in an operating margin of 26.1%.
HLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hilton Worldwide Holdings Inc. reported an operating income of 678.00M and revenue of 2.94B, resulting in an operating margin of 23.1%.
RCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Royal Caribbean Cruises Ltd. reported a net income of 941.00M and revenue of 4.45B, resulting in a net margin of 21.1%.
HLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hilton Worldwide Holdings Inc. reported a net income of 385.00M and revenue of 2.94B, resulting in a net margin of 13.1%.
Frequently Asked Questions
RCL and HLT have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RCL has higher volatility (14.15%) compared to HLT (6.84%). In terms of maximum drawdown, RCL dropped -89.49% vs HLT's -50.82%.
HLT currently has the higher Sharpe Ratio (1.67 vs 0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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