ACEL vs PTLO: Correlation
Measured on weekly returns over the past three years, Accel Entertainment, Inc. (ACEL) and Portillo's Inc. (PTLO) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACEL and PTLO?
Over the past 3 years, ACEL and PTLO moved with a correlation of 0.43, which is moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 632.8 %².
Within ACEL's tracked universe of 16 assets, PTLO comes in at #6 by 3-year correlation. The last year tells two different stories: ACEL led by 37.3 percentage points, +1.3% for ACEL against -36.0% for PTLO. Note the risk asymmetry: PTLO runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACEL vs PTLO: side by side
| ACEL (Accel Entertainment, Inc.) | PTLO (Portillo's Inc.) | |
|---|---|---|
| 1-year return | +1.3% | -36.0% |
| 5-year return | +1.6% | -84.6% |
| Volatility (ann.) | 28.0% | 52.1% |
| Beta vs S&P 500 | 0.73 | 0.82 |
| Max drawdown (3Y) | -26.0% | -79.5% |
| Market cap | $0.9B | $0.3B |
| P/E (trailing) | 17.7 | 24.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACEL | PTLO |
|---|---|---|
| 2022 | -40.9% | -56.5% |
| 2023 | +33.4% | -2.4% |
| 2024 | +4.0% | -41.0% |
| 2025 | +6.8% | -51.7% |
| 2026 | +2.5% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACEL and PTLO good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ACEL and PTLO?
The ACEL/PTLO correlation stands at 0.43 on a 3-year window (1 year: 0.46, 5 years: 0.34), computed from weekly returns as of 2026-08-27.
Is PTLO a good diversifier for ACEL?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ACEL correlations · PTLO correlations
