WH vs. BKNG
WH (Wyndham Hotels & Resorts, Inc.) and BKNG (Booking Holdings Inc.) are both stocks. Both are in the Consumer Cyclical sector — WH in Lodging, BKNG in Travel Services. Over the past 5 years, WH returned 2.66%/yr vs 17.72%/yr for BKNG. Their 0.52 correlation means they have sometimes moved together and sometimes differently.
Performance
WH vs. BKNG - Performance Comparison
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Returns By Period
In the year-to-date period, WH achieves a 0.16% return, which is significantly higher than BKNG's -9.52% return.
WH
- 1D
- -1.64%
- 1M
- -9.16%
- 6M
- 3.97%
- YTD
- 0.16%
- 1Y
- -8.80%
- 3Y*
- 0.68%
- 5Y*
- 2.66%
- 10Y*
- —
- ALL TIME*
- 3.56%
BKNG
- 1D
- -0.18%
- 1M
- 4.52%
- 6M
- -3.12%
- YTD
- -9.52%
- 1Y
- -9.71%
- 3Y*
- 19.11%
- 5Y*
- 17.72%
- 10Y*
- 13.86%
- ALL TIME*
- 9.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.08B | $1.12B | $1.29B | |
| $116.59M | $110.66M | $108.40M |
WH vs. BKNG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WH Wyndham Hotels & Resorts, Inc. | 0.16% | -23.54% | 27.70% | 14.94% | -19.06% | 52.60% | -4.15% | 41.40% | -29.23% |
BKNG Booking Holdings Inc. | -9.52% | 8.59% | 41.31% | 76.02% | -16.00% | 7.72% | 8.45% | 19.24% | -16.64% |
Correlation
The correlation between WH and BKNG is 0.36, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (All Time) Calculated using the full available price history since May 21, 2018 | 0.52 |
The correlation between WH and BKNG shifts across timeframes, from 0.36 (1 year) to 0.52 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WH:
$5.56B
BKNG:
$149.47B
WH:
$2.74
BKNG:
$7.62
WH:
27.32
BKNG:
25.33
WH:
8.79
BKNG:
0.38
WH:
4.01
BKNG:
5.63
WH:
$1.42B
BKNG:
$27.69B
WH:
$916.00M
BKNG:
$22.16B
WH:
$495.00M
BKNG:
$9.27B
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Return for Risk
WH vs. BKNG — Risk / Return Rank
WH
BKNG
WH vs. BKNG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wyndham Hotels & Resorts, Inc. (WH) and Booking Holdings Inc. (BKNG). 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.
| WH | BKNG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.97 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.36 | -0.11 |
| Martin ratioReturn relative to average drawdown | -0.89 | -0.64 | -0.24 |
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Drawdowns
WH vs. BKNG - Drawdown Comparison
The maximum WH drawdown since its inception was -66.07%, smaller than the maximum BKNG drawdown of -99.32%. Use the drawdown chart below to compare losses from any high point for WH and BKNG.
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Drawdown Indicators
| WH | BKNG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.07% | -99.32% | +33.25% |
Max Drawdown (1Y)Largest decline over 1 year | -23.55% | -32.25% | +8.70% |
Max Drawdown (3Y)Largest decline over 3 years | -37.17% | -33.35% | -3.82% |
Max Drawdown (5Y)Largest decline over 5 years | -37.17% | -39.53% | +2.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.77% | — |
Current DrawdownCurrent decline from peak | -31.03% | -16.38% | -14.65% |
Average DrawdownAverage peak-to-trough decline | -16.75% | -46.93% | +30.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.57% | 18.10% | -5.53% |
Volatility
WH vs. BKNG - Volatility Comparison
The current volatility for Wyndham Hotels & Resorts, Inc. (WH) is 9.04%, while Booking Holdings Inc. (BKNG) has a volatility of 12.74%. This indicates that WH experiences smaller price fluctuations and is considered to be less risky than BKNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WH | BKNG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.04% | 12.74% | -3.70% |
Volatility (6M)Calculated over the trailing 6-month period | 22.98% | 30.84% | -7.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.94% | 35.40% | -4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.85% | 32.90% | -3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.85% | 32.58% | +3.27% |
Dividends
WH vs. BKNG - Dividend Comparison
WH's dividend yield for the trailing twelve months is around 2.24%, more than BKNG's 0.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BKNG Booking Holdings Inc. | 0.83% | 0.72% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WH Wyndham Hotels & Resorts, Inc. | 2.24% | 2.17% | 1.51% | 1.74% | 1.79% | 0.98% | 0.94% | 1.85% | 1.65% |
Financials
WH vs. BKNG - Financials Comparison
This section allows you to compare key financial metrics between Wyndham Hotels & Resorts, Inc. and Booking 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
WH vs. BKNG - Profitability Comparison
WH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Wyndham Hotels & Resorts, Inc. reported a gross profit of 349.00M and revenue of 375.00M. Therefore, the gross margin over that period was 93.1%.
BKNG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Booking Holdings Inc. reported a gross profit of 0.00 and revenue of 5.53B. Therefore, the gross margin over that period was 0.0%.
WH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Wyndham Hotels & Resorts, Inc. reported an operating income of 174.00M and revenue of 375.00M, resulting in an operating margin of 46.4%.
BKNG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Booking Holdings Inc. reported an operating income of 1.27B and revenue of 5.53B, resulting in an operating margin of 23.0%.
WH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Wyndham Hotels & Resorts, Inc. reported a net income of 102.00M and revenue of 375.00M, resulting in a net margin of 27.2%.
BKNG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Booking Holdings Inc. reported a net income of 1.08B and revenue of 5.53B, resulting in a net margin of 19.6%.
Frequently Asked Questions
WH and BKNG have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKNG has higher volatility (12.74%) compared to WH (9.04%). In terms of maximum drawdown, WH dropped -66.07% vs BKNG's -99.32%.
BKNG currently has the higher Sharpe Ratio (-0.33 vs -0.36), 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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