homage vs respect

homage and respect both are nouns.

Word	Noun	Adjective	Verb	Adverb
homage	Yes	No	No	No
respect	Yes	No	Yes	No

As nouns, respect is a hypernym of homage; that is, respect is a word with a broader meaning than homage:

Other hypernyms of homage include deference.

homage (noun)	respect (noun)
respectful deference	behavior intended to please your parents
	a courteous expression (by word or deed) of esteem or regard
	courteous regard for people's feelings
	(usually preceded by `in') a detail or point
	an attitude of admiration or esteem
	a feeling of friendship and esteem
	the condition of being honored (esteemed or respected or well regarded)

homage (verb)	respect (verb)
	regard highly; think much of
	show respect towards