DRI vs TKC: Correlation
How closely do Darden Restaurants (DRI) and Turkcell Iletisim Hizmetleri AS (TKC) trade together? Their weekly returns over three years give a correlation of -0.16, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRI and TKC?
On 3 years of weekly data the DRI/TKC correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.07) sits close to the 3-year figure. The 5-year figure is 0.00, and annualized covariance runs at -130.7 %².
Among the 34 assets we track against DRI, TKC ranks #29 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DRI outperformed by 18.2 percentage points (+5.6% for DRI against -12.6% for TKC).
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 TKC: side by side
| DRI (Darden Restaurants) | TKC (Turkcell Iletisim Hizmetleri AS) | |
|---|---|---|
| 1-year return | +5.6% | -12.6% |
| 5-year return | +66.1% | +30.6% |
| Volatility (ann.) | 25.2% | 32.9% |
| Beta vs S&P 500 | 0.52 | 0.45 |
| Max drawdown (3Y) | -23.9% | -28.5% |
| Market cap | $24.0B | $4.7B |
| P/E (trailing) | 21.0 | 12.6 |
| Dividend yield | 2.74% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DRI | TKC |
|---|---|---|
| 2022 | -4.8% | +38.2% |
| 2023 | +22.8% | +2.5% |
| 2024 | +17.7% | +44.5% |
| 2025 | +1.6% | -14.3% |
| 2026 | +17.4% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRI and TKC good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between DRI and TKC?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with -0.07 over the last year and 0.00 over 5 years.
Is TKC a good diversifier for DRI?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 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-tkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dri-vs-tkc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRI correlations · TKC correlations
