DPZ vs EOI: Correlation
Measured on weekly returns over the past three years, Domino's (DPZ) and Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced (EOI) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DPZ and EOI?
Over the past 3 years, DPZ and EOI moved with a correlation of 0.41, which is moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 194.4 %².
By 3-year correlation, EOI places #4 of the 31 assets tracked against DPZ. Correlation aside, the last 12 months split them widely, with EOI ahead by 27.4 points (-25.2% versus +2.2%). Note the risk asymmetry: DPZ runs 1.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DPZ vs EOI: side by side
| DPZ (Domino's) | EOI (Eaton Vance Enhance Equity Income Fund Eaton Vance Enhanced) | |
|---|---|---|
| 1-year return | -25.2% | +2.2% |
| 5-year return | -31.2% | +55.4% |
| Volatility (ann.) | 27.8% | 17.0% |
| Beta vs S&P 500 | 0.67 | 0.96 |
| Max drawdown (3Y) | -45.1% | -23.2% |
| Market cap | $11.0B | $0.8B |
| P/E (trailing) | 19.5 | 8.5 |
| Dividend yield | 2.17% | 8.03% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DPZ | EOI |
|---|---|---|
| 2022 | -37.9% | -19.7% |
| 2023 | +20.7% | +20.7% |
| 2024 | +3.2% | +35.8% |
| 2025 | +0.9% | +7.2% |
| 2026 | -19.4% | +3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPZ and EOI good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DPZ and EOI?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.34 over the last year and 0.46 over 5 years.
Is EOI a good diversifier for DPZ?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 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/dpz-vs-eoi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dpz-vs-eoi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DPZ correlations · EOI correlations
