DPZ vs TWFG: Correlation
Measured on weekly returns over the past three years, Domino's (DPZ) and TWFG, Inc. (TWFG) 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 TWFG?
On 3 years of weekly data the DPZ/TWFG correlation comes out at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 470.5 %².
By 3-year correlation, TWFG places #9 of the 31 assets tracked against DPZ. Correlation aside, the last 12 months split them widely, with TWFG ahead by 29.8 points (-25.2% versus +4.6%). One caveat on sizing: TWFG is 1.6 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.
DPZ vs TWFG: side by side
| DPZ (Domino's) | TWFG (TWFG, Inc.) | |
|---|---|---|
| 1-year return | -25.2% | +4.6% |
| 5-year return | -31.2% | n/a |
| Volatility (ann.) | 27.8% | 43.1% |
| Beta vs S&P 500 | 0.67 | 0.36 |
| Max drawdown (3Y) | -45.1% | -52.7% |
| Market cap | $11.0B | $0.4B |
| P/E (trailing) | 19.5 | 52.2 |
| Dividend yield | 2.17% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DPZ | TWFG |
|---|---|---|
| 2022 | -37.9% | – |
| 2023 | +20.7% | – |
| 2024 | +3.2% | – |
| 2025 | +0.9% | -6.6% |
| 2026 | -19.4% | +1.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DPZ and TWFG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DPZ and TWFG?
As of 2026-08-27, the correlation of weekly returns between DPZ and TWFG is 0.41 over 3 years, 0.44 over 1 year and n/a over 5 years.
Is TWFG a good diversifier for DPZ?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
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-twfg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dpz-vs-twfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DPZ correlations · TWFG correlations
