BJRI vs DRI: Correlation
How closely do BJ's Restaurants, Inc. (BJRI) and Darden Restaurants (DRI) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJRI and DRI?
Across a 3-year window, the weekly returns of BJRI and DRI correlate at 0.53, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 550.9 %².
By 3-year correlation, DRI places #5 of the 16 assets tracked against BJRI. The last year tells two different stories: BJRI led by 80.5 percentage points, +86.1% for BJRI against +5.6% for DRI. Risk is not evenly split, since BJRI 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.
BJRI vs DRI: side by side
| BJRI (BJ's Restaurants, Inc.) | DRI (Darden Restaurants) | |
|---|---|---|
| 1-year return | +86.1% | +5.6% |
| 5-year return | +50.0% | +66.1% |
| Volatility (ann.) | 41.5% | 25.2% |
| Beta vs S&P 500 | 1.20 | 0.52 |
| Max drawdown (3Y) | -38.7% | -23.9% |
| Market cap | $1.4B | $24.0B |
| P/E (trailing) | 33.7 | 21.0 |
| Dividend yield | 0.00% | 2.74% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BJRI | DRI |
|---|---|---|
| 2022 | -23.6% | -4.8% |
| 2023 | +36.5% | +22.8% |
| 2024 | -2.4% | +17.7% |
| 2025 | +12.1% | +1.6% |
| 2026 | +61.7% | +17.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJRI and DRI good diversifiers for each other?
To a limited degree. At 0.53 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 BJRI and DRI?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.50 over the last year and 0.62 over 5 years.
Is DRI a good diversifier for BJRI?
To a limited degree. At 0.53 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 0.53 mean?
On the −1 to +1 scale, 0.53 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/bjri-vs-dri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bjri-vs-dri/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BJRI correlations · DRI correlations
