DPZ vs ITRI: Correlation
Measured on weekly returns over the past three years, Domino's (DPZ) and Itron, Inc. (ITRI) 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 ITRI?
Over the past 3 years, DPZ and ITRI moved with a correlation of 0.41, which is moderate. Little has changed lately, as the 1-year reading of 0.35 lands near the 3-year figure. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 438.5 %².
Within DPZ's tracked universe of 31 assets, ITRI comes in at #6 by 3-year correlation. On 12-month performance ITRI holds a 5.3-point edge, -25.2% against -19.9%.
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 ITRI: side by side
| DPZ (Domino's) | ITRI (Itron, Inc.) | |
|---|---|---|
| 1-year return | -25.2% | -19.9% |
| 5-year return | -31.2% | +17.0% |
| Volatility (ann.) | 27.8% | 38.9% |
| Beta vs S&P 500 | 0.67 | 1.14 |
| Max drawdown (3Y) | -45.1% | -43.6% |
| Market cap | $11.0B | $4.3B |
| P/E (trailing) | 19.5 | 16.5 |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DPZ | ITRI |
|---|---|---|
| 2022 | -37.9% | -26.1% |
| 2023 | +20.7% | +49.1% |
| 2024 | +3.2% | +43.8% |
| 2025 | +0.9% | -14.5% |
| 2026 | -19.4% | +6.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPZ and ITRI good diversifiers for each other?
Reasonably. At 0.41, DPZ and ITRI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DPZ and ITRI?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.35 over the last year and 0.35 over 5 years.
Is ITRI a good diversifier for DPZ?
Reasonably. At 0.41, DPZ and ITRI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dpz-vs-itri.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dpz-vs-itri/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DPZ correlations · ITRI correlations
