DRI vs RAND: Correlation
How closely do Darden Restaurants (DRI) and Rand Capital Corporation - Closed End Fund (RAND) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRI and RAND?
Across a 3-year window, the weekly returns of DRI and RAND correlate at -0.18, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.12 lands near the 3-year figure. Stretching to 5 years gives -0.12, with an annualized covariance of -174.2 %².
Among the 34 assets we track against DRI, RAND sits near the bottom by co-movement, at rank #31. The last year tells two different stories: DRI led by 27.3 percentage points, +5.6% for DRI against -21.7% for RAND. Risk is not evenly split, since RAND carries 1.5 times the volatility of the other side.
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 RAND: side by side
| DRI (Darden Restaurants) | RAND (Rand Capital Corporation - Closed End Fund) | |
|---|---|---|
| 1-year return | +5.6% | -21.7% |
| 5-year return | +66.1% | +9.9% |
| Volatility (ann.) | 25.2% | 38.7% |
| Beta vs S&P 500 | 0.52 | -0.01 |
| Max drawdown (3Y) | -23.9% | -60.1% |
| Market cap | $24.0B | – |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 2.74% | 10.33% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DRI | RAND |
|---|---|---|
| 2022 | -4.8% | -17.0% |
| 2023 | +22.8% | +7.5% |
| 2024 | +17.7% | +91.4% |
| 2025 | +1.6% | -34.8% |
| 2026 | +17.4% | +2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRI and RAND good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DRI and RAND?
The DRI/RAND correlation stands at -0.18 on a 3-year window (1 year: -0.12, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is RAND a good diversifier for DRI?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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/dri-vs-rand.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dri-vs-rand/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DRI correlations · RAND correlations
