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DPZ vs ROST: Correlation

Measured on weekly returns over the past three years, Domino's (DPZ) and Ross Stores (ROST) carry a correlation of 0.37, a moderate link.

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

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.46
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
248.7
%² · weekly, annualized

How correlated are DPZ and ROST?

Across a 3-year window, the weekly returns of DPZ and ROST correlate at 0.37, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.37 over 3. Stretching to 5 years gives 0.37, with an annualized covariance of 248.7 %².

Within DPZ's tracked universe of 31 assets, ROST comes in at #18 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ROST outperformed by 79.5 percentage points (-25.2% for DPZ against +54.3% for ROST). Across three years, the rolling one-year figure varied moderately, from 0.21 to 0.48.

+1.0+0.50-0.5-1.020232026-08-27
Rolling one-year correlation of weekly returns over the past three years.
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 ROST: side by side

DPZ (Domino's)ROST (Ross Stores)
1-year return-25.2%+54.3%
5-year return-31.2%+105.0%
Volatility (ann.)27.8%24.0%
Beta vs S&P 5000.670.66
Max drawdown (3Y)-45.1%-21.1%
Market cap$11.0B$73.7B
P/E (trailing)19.527.8
Dividend yield2.17%0.72%
Sector / categoryConsumer DiscretionaryConsumer Discretionary
Lower P/E: DPZ 19.5 vs 27.8Higher yield: DPZ 2.17% vs 0.72%Smaller drawdown: ROST -21.1% vs -45.1%Higher 5y return: ROST +105.0% vs -31.2%
-34%0%+71%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DPZ · ROST

Year-by-year returns

YearDPZROST
2022-37.9%+2.9%
2023+20.7%+20.6%
2024+3.2%+10.4%
2025+0.9%+20.4%
2026-19.4%+28.1%

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

Are DPZ and ROST good diversifiers for each other?

Reasonably. At 0.37, DPZ and ROST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between DPZ and ROST?

The DPZ/ROST correlation stands at 0.37 on a 3-year window (1 year: 0.46, 5 years: 0.37), computed from weekly returns as of 2026-08-27.

Is ROST a good diversifier for DPZ?

Reasonably. At 0.37, DPZ and ROST keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.37 mean?

On the −1 to +1 scale, 0.37 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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$ curl https://www.pairbook.io/api/v1/pairs/dpz-vs-rost.json

DPZ vs ROST: 3-year weekly correlation 0.37DPZ vs ROST0.37

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Related comparisons

Hubs: DPZ correlations · ROST correlations