RLJ vs. FHN

Last updated Jun 4, 2026

RLJ (RLJ Lodging Trust) and FHN (First Horizon Corporation) are both stocks. RLJ operates in REIT - Hotel & Motel (Real Estate), while FHN operates in Banks - Regional (Financial Services). Over the past 10 years, RLJ returned -2.83%/yr vs 8.71%/yr for FHN. At a 0.45 correlation, their price movements are largely independent.

Performance

RLJ vs. FHN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RLJ Lodging Trust (RLJ) and First Horizon Corporation (FHN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RLJ achieves a 39.56% return, which is significantly higher than FHN's -0.37% return. Over the past 10 years, RLJ has underperformed FHN with an annualized return of -2.83%, while FHN has yielded a comparatively higher 8.71% annualized return.

RLJ

• 1D: 0.99%
• 1M: 22.04%
• YTD: 39.56%
• 6M: 42.53%
• 1Y: 50.48%
• 3Y*: 3.63%
• 5Y*: -4.31%
• 10Y*: -2.83%

FHN

• 1D: -1.54%
• 1M: -4.06%
• YTD: -0.37%
• 6M: 5.47%
• 1Y: 21.04%
• 3Y*: 33.74%
• 5Y*: 8.05%
• 10Y*: 8.71%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RLJ vs. FHN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RLJ RLJ Lodging Trust	39.56%	-21.01%	-8.42%	14.59%	-23.12%	-1.29%	-19.81%	16.53%	-20.12%	-4.62%
FHN First Horizon Corporation	-0.37%	22.12%	47.68%	-39.44%	53.94%	32.61%	-18.45%	30.48%	-32.35%	1.93%

Correlation

The correlation between RLJ and FHN is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since May 12, 2011	0.45

Fundamentals

Market Cap RLJ : $1.52B FHN : $11.51B
EPS RLJ : $0.17 FHN : $2.05
PE Ratio RLJ : 61.35 FHN : 11.54
PEG Ratio RLJ : 10.58 FHN : 3.24
PS Ratio RLJ : 1.12 FHN : 2.58
PB Ratio RLJ : 0.71 FHN : 1.37
Total Revenue (TTM) RLJ : $1.36B FHN : $4.60B
Gross Profit (TTM) RLJ : $19.43M FHN : $3.40B
EBITDA (TTM) RLJ : $321.42M FHN : $1.40B

Return for Risk

RLJ vs. FHN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RLJ

RLJ Risk / Return Rank: 83
RLJ Sharpe Ratio Rank: 85
RLJ Sortino Ratio Rank: 83
RLJ Omega Ratio Rank: 78
RLJ Calmar Ratio Rank: 85
RLJ Martin Ratio Rank: 86

FHN

FHN Risk / Return Rank: 63
FHN Sharpe Ratio Rank: 67
FHN Sortino Ratio Rank: 58
FHN Omega Ratio Rank: 59
FHN Calmar Ratio Rank: 65
FHN Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RLJ vs. FHN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RLJ Lodging Trust (RLJ) and First Horizon Corporation (FHN). 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.

	RLJ	FHN	Difference
Sharpe ratio Return per unit of total volatility	1.77	0.82	+0.95
Sortino ratio Return per unit of downside risk	2.57	1.19	+1.38
Omega ratio Gain probability vs. loss probability	1.29	1.16	+0.13
Calmar ratio Return relative to maximum drawdown	3.47	1.28	+2.19
Martin ratio Return relative to average drawdown	9.18	3.19	+6.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RLJ vs. FHN - Sharpe Ratio Comparison

The current RLJ Sharpe Ratio is 1.77, which is higher than the FHN Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of RLJ and FHN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RLJ	FHN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	0.82	+0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.13	0.22	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.07	0.22	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.28	-0.27

Drawdowns

RLJ vs. FHN - Drawdown Comparison

The maximum RLJ drawdown since its inception was -83.78%, roughly equal to the maximum FHN drawdown of -87.74%. Use the drawdown chart below to compare losses from any high point for RLJ and FHN.

Drawdown Indicators

	RLJ	FHN	Difference
Max Drawdown Largest peak-to-trough decline	-83.78%	-87.74%	+3.96%
Max Drawdown (1Y) Largest decline over 1 year	-14.61%	-16.52%	+1.91%
Max Drawdown (3Y) Largest decline over 3 years	-44.24%	-27.14%	-17.10%
Max Drawdown (5Y) Largest decline over 5 years	-56.59%	-60.76%	+4.17%
Max Drawdown (10Y) Largest decline over 10 years	-79.52%	-64.25%	-15.27%
Current Drawdown Current decline from peak	-52.73%	-9.22%	-43.51%
Average Drawdown Average peak-to-trough decline	-35.34%	-20.08%	-15.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.52%	6.62%	-1.10%

Volatility

RLJ vs. FHN - Volatility Comparison

RLJ Lodging Trust (RLJ) has a higher volatility of 8.21% compared to First Horizon Corporation (FHN) at 6.47%. This indicates that RLJ's price experiences larger fluctuations and is considered to be riskier than FHN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RLJ	FHN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	6.47%	+1.74%
Volatility (6M) Calculated over the trailing 6-month period	20.91%	17.27%	+3.64%
Volatility (1Y) Calculated over the trailing 1-year period	28.71%	25.80%	+2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.24%	37.14%	-3.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.11%	38.99%	+4.12%

Dividends

RLJ vs. FHN - Dividend Comparison

RLJ's dividend yield for the trailing twelve months is around 5.89%, more than FHN's 2.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHN First Horizon Corporation	2.62%	2.51%	2.98%	4.24%	2.45%	3.67%	4.70%	3.38%	3.65%	1.80%	1.40%	1.65%
RLJ RLJ Lodging Trust	5.89%	8.05%	4.90%	3.07%	1.13%	0.29%	0.28%	7.45%	8.05%	6.01%	5.39%	6.10%

Financials

RLJ vs. FHN - Profitability Comparison

The chart below illustrates the profitability comparison between RLJ Lodging Trust and First Horizon Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RLJ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, RLJ Lodging Trust reported a gross profit of 114.98M and revenue of 339.98M. Therefore, the gross margin over that period was 33.8%.

FHN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Horizon Corporation reported a gross profit of 862.00M and revenue of 862.00M. Therefore, the gross margin over that period was 100.0%.

RLJ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, RLJ Lodging Trust reported an operating income of 27.84M and revenue of 339.98M, resulting in an operating margin of 8.2%.

FHN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Horizon Corporation reported an operating income of 357.00M and revenue of 862.00M, resulting in an operating margin of 41.4%.

RLJ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, RLJ Lodging Trust reported a net income of -349.00K and revenue of 339.98M, resulting in a net margin of -0.1%.

FHN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Horizon Corporation reported a net income of 263.00M and revenue of 862.00M, resulting in a net margin of 30.5%.

Frequently Asked Questions

Can I hold both RLJ and FHN in my portfolio?

RLJ and FHN have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RLJ or FHN?

RLJ has higher volatility (8.21%) compared to FHN (6.47%). In terms of maximum drawdown, RLJ dropped -83.78% vs FHN's -87.74%.

Which has better risk-adjusted returns?

RLJ currently has the higher Sharpe Ratio (1.77 vs 0.82), 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.