CPRT vs DPZ: Correlation
Copart (CPRT) and Domino's (DPZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPRT and DPZ?
On 3 years of weekly data the CPRT/DPZ correlation comes out at 0.40, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.27 versus 0.40 over 3 years. The 5-year figure is 0.42, and annualized covariance runs at 290.3 %².
Within CPRT's tracked universe of 35 assets, DPZ comes in at #23 by 3-year correlation. Over the last 12 months DPZ came out ahead by 7.4 percentage points (-32.6% against -25.2%). Across three years, the rolling one-year figure varied moderately, from 0.25 to 0.60.
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.
CPRT vs DPZ: side by side
| CPRT (Copart) | DPZ (Domino's) | |
|---|---|---|
| 1-year return | -32.6% | -25.2% |
| 5-year return | -9.3% | -31.2% |
| Volatility (ann.) | 26.0% | 27.8% |
| Beta vs S&P 500 | 0.86 | 0.67 |
| Max drawdown (3Y) | -57.4% | -45.1% |
| Market cap | $30.3B | $11.0B |
| P/E (trailing) | 20.2 | 19.5 |
| Dividend yield | 0.00% | 2.17% |
| Sector / category | Industrials | Consumer Discretionary |
Year-by-year returns
| Year | CPRT | DPZ |
|---|---|---|
| 2022 | -19.7% | -37.9% |
| 2023 | +60.9% | +20.7% |
| 2024 | +17.1% | +3.2% |
| 2025 | -31.8% | +0.9% |
| 2026 | -16.3% | -19.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPRT and DPZ good diversifiers for each other?
Reasonably. At 0.40, CPRT and DPZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CPRT and DPZ?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.27 over the last year and 0.42 over 5 years.
Is DPZ a good diversifier for CPRT?
Reasonably. At 0.40, CPRT and DPZ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cprt-vs-dpz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cprt-vs-dpz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CPRT correlations · DPZ correlations
