DFIN vs FRPT: Correlation
Measured on weekly returns over the past three years, Donnelley Financial Solutions, Inc. (DFIN) and Freshpet, Inc. (FRPT) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DFIN and FRPT?
Over the past 3 years, DFIN and FRPT moved with a correlation of 0.46, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.56 versus 0.46 over 3 years. Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 878.7 %².
Among the 14 assets we track against DFIN, FRPT ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FRPT ahead by 42.3 points (-15.6% versus +26.7%).
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.
DFIN vs FRPT: side by side
| DFIN (Donnelley Financial Solutions, Inc.) | FRPT (Freshpet, Inc.) | |
|---|---|---|
| 1-year return | -15.6% | +26.7% |
| 5-year return | +44.0% | -42.7% |
| Volatility (ann.) | 42.1% | 45.9% |
| Beta vs S&P 500 | 1.09 | 1.15 |
| Max drawdown (3Y) | -47.4% | -70.9% |
| Market cap | $1.2B | $3.5B |
| P/E (trailing) | 30.9 | 19.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DFIN | FRPT |
|---|---|---|
| 2022 | -18.0% | -44.6% |
| 2023 | +61.4% | +64.4% |
| 2024 | +0.6% | +70.7% |
| 2025 | -25.6% | -58.9% |
| 2026 | +2.7% | +19.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DFIN and FRPT good diversifiers for each other?
Reasonably. At 0.46, DFIN and FRPT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DFIN and FRPT?
As of 2026-08-27, the correlation of weekly returns between DFIN and FRPT is 0.46 over 3 years, 0.56 over 1 year and 0.38 over 5 years.
Is FRPT a good diversifier for DFIN?
Reasonably. At 0.46, DFIN and FRPT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 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/dfin-vs-frpt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dfin-vs-frpt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DFIN correlations · FRPT correlations
