AXP vs DRVN: Correlation
American Express (AXP) and Driven Brands Holdings Inc. (DRVN) show a moderate relationship: their 3-year correlation of weekly returns is 0.51.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXP and DRVN?
On 3 years of weekly data the AXP/DRVN correlation comes out at 0.51, moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.51 over 3. The 5-year figure is 0.47, and annualized covariance runs at 586.6 %².
Among the 35 assets we track against AXP, DRVN ranks #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AXP outperformed by 35.9 percentage points (+4.7% for AXP against -31.2% for DRVN). Risk is not evenly split, since DRVN carries 1.6 times the volatility of the other side.
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.
AXP vs DRVN: side by side
| AXP (American Express) | DRVN (Driven Brands Holdings Inc.) | |
|---|---|---|
| 1-year return | +4.7% | -31.2% |
| 5-year return | +116.2% | -57.4% |
| Volatility (ann.) | 26.6% | 43.3% |
| Beta vs S&P 500 | 1.20 | 0.77 |
| Max drawdown (3Y) | -28.8% | -46.4% |
| Market cap | $225.7B | $2.1B |
| P/E (trailing) | 20.4 | 13.2 |
| Dividend yield | 1.05% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AXP | DRVN |
|---|---|---|
| 2022 | -8.5% | -18.8% |
| 2023 | +28.7% | -47.8% |
| 2024 | +60.3% | +13.2% |
| 2025 | +26.0% | -8.2% |
| 2026 | -8.9% | -14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXP and DRVN good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AXP and DRVN?
The AXP/DRVN correlation stands at 0.51 on a 3-year window (1 year: 0.54, 5 years: 0.47), computed from weekly returns as of 2026-08-27.
Is DRVN a good diversifier for AXP?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/axp-vs-drvn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/axp-vs-drvn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AXP correlations · DRVN correlations
