PairBook
HomeDRI › DRI vs RL

DRI vs RL: Correlation

Darden Restaurants (DRI) and Ralph Lauren Corporation (RL) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.

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

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
308.4
%² · weekly, annualized

How correlated are DRI and RL?

Over the past 3 years, DRI and RL moved with a correlation of 0.36, which is moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 308.4 %².

Among the 34 assets we track against DRI, RL ranks #20 by 3-year correlation. The last year tells two different stories: RL led by 15.1 percentage points, +5.6% for DRI against +20.7% for RL. The rolling one-year correlation moved between 0.16 and 0.46 over the past three years, a moderate range.

+1.0+0.50-0.5-1.020232026-08-27
How the one-year correlation itself moved 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.

DRI vs RL: side by side

DRI (Darden Restaurants)RL (Ralph Lauren Corporation)
1-year return+5.6%+20.7%
5-year return+66.1%+232.5%
Volatility (ann.)25.2%33.6%
Beta vs S&P 5000.521.07
Max drawdown (3Y)-23.9%-36.2%
Market cap$24.0B$21.0B
P/E (trailing)21.022.8
Dividend yield2.74%1.03%
Sector / categoryConsumer DiscretionaryConsumer Discretionary
Lower P/E: DRI 21.0 vs 22.8Higher yield: DRI 2.74% vs 1.03%Smaller drawdown: DRI -23.9% vs -36.2%Higher 5y return: RL +232.5% vs +66.1%
-17%0%+34%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DRI · RL

Year-by-year returns

YearDRIRL
2022-4.8%-8.4%
2023+22.8%+39.8%
2024+17.7%+62.9%
2025+1.6%+55.0%
2026+17.4%+0.0%

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

Are DRI and RL good diversifiers for each other?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between DRI and RL?

Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.37 over the last year and 0.43 over 5 years.

Is RL a good diversifier for DRI?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.36 mean?

On the −1 to +1 scale, 0.36 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dri-vs-rl.json

DRI vs RL: 3-year weekly correlation 0.36DRI vs RL0.36

Embed this badge (it refreshes with the data), with attribution:

[![DRI vs RL correlation](https://www.pairbook.io/api/v1/badge/dri-vs-rl.svg)](https://www.pairbook.io/pair/dri-vs-rl/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: DRI correlations · RL correlations