DRI vs PLAY: Correlation
Darden Restaurants (DRI) and Dave & Buster's Entertainment, Inc. (PLAY) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRI and PLAY?
Over the past 3 years, DRI and PLAY moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 739.9 %².
Within DRI's tracked universe of 34 assets, PLAY comes in at #7 by 3-year correlation. The last year tells two different stories: DRI led by 69.5 percentage points, +5.6% for DRI against -63.9% for PLAY. Note the risk asymmetry: PLAY runs 2.5 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.
DRI vs PLAY: side by side
| DRI (Darden Restaurants) | PLAY (Dave & Buster's Entertainment, Inc.) | |
|---|---|---|
| 1-year return | +5.6% | -63.9% |
| 5-year return | +66.1% | -74.8% |
| Volatility (ann.) | 25.2% | 63.8% |
| Beta vs S&P 500 | 0.52 | 1.25 |
| Max drawdown (3Y) | -23.9% | -86.6% |
| Market cap | $24.0B | $0.3B |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 2.74% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DRI | PLAY |
|---|---|---|
| 2022 | -4.8% | -7.7% |
| 2023 | +22.8% | +51.9% |
| 2024 | +17.7% | -45.8% |
| 2025 | +1.6% | -44.5% |
| 2026 | +17.4% | -43.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRI and PLAY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DRI and PLAY?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.54 over the last year and 0.50 over 5 years.
Is PLAY a good diversifier for DRI?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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/dri-vs-play.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dri-vs-play/)
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Related comparisons
Hubs: DRI correlations · PLAY correlations
