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DIN vs DRI: Correlation

How closely do Dine Brands Global, Inc. (DIN) and Darden Restaurants (DRI) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.58
long-run
Ann. covariance
541.8
%² · weekly, annualized

How correlated are DIN and DRI?

Over the past 3 years, DIN and DRI moved with a correlation of 0.50, which is moderate. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. Over 5 years the correlation is 0.58, and the annualized covariance of weekly returns is 541.8 %².

Within DIN's tracked universe of 14 assets, DRI comes in at #6 by 3-year correlation. The last year tells two different stories: DIN led by 46.4 percentage points, +52.0% for DIN against +5.6% for DRI. One caveat on sizing: DIN is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

DIN vs DRI: side by side

DIN (Dine Brands Global, Inc.)DRI (Darden Restaurants)
1-year return+52.0%+5.6%
5-year return-49.2%+66.1%
Volatility (ann.)43.4%25.2%
Beta vs S&P 5000.810.52
Max drawdown (3Y)-63.3%-23.9%
Market cap$0.4B$24.0B
P/E (trailing)56.521.0
Dividend yield3.07%2.74%
Sector / categoryUS ListedConsumer Discretionary
Lower P/E: DRI 21.0 vs 56.5Higher yield: DIN 3.07% vs 2.74%Smaller drawdown: DRI -23.9% vs -63.3%Higher 5y return: DRI +66.1% vs -49.2%
-17%0%+64%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DIN · DRI

Year-by-year returns

YearDINDRI
2022-12.4%-4.8%
2023-20.3%+22.8%
2024-35.7%+17.7%
2025+14.1%+1.6%
2026+5.0%+17.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DIN and DRI good diversifiers for each other?

To a limited degree. At 0.50 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 DIN and DRI?

The DIN/DRI correlation stands at 0.50 on a 3-year window (1 year: 0.56, 5 years: 0.58), computed from weekly returns as of 2026-08-27.

Is DRI a good diversifier for DIN?

To a limited degree. At 0.50 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 0.50 mean?

On the −1 to +1 scale, 0.50 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

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DIN vs DRI: 3-year weekly correlation 0.50DIN vs DRI0.50

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Hubs: DIN correlations · DRI correlations