DRI vs TXRH: Correlation
How closely do Darden Restaurants (DRI) and Texas Roadhouse, Inc. (TXRH) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRI and TXRH?
Over the past 3 years, DRI and TXRH moved with a correlation of 0.50, which is moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 322.1 %².
Among the 34 assets we track against DRI, TXRH ranks #5 by 3-year correlation. The trailing year gives TXRH the advantage: +5.6% versus +16.4%, a 10.8-point spread.
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 TXRH: side by side
| DRI (Darden Restaurants) | TXRH (Texas Roadhouse, Inc.) | |
|---|---|---|
| 1-year return | +5.6% | +16.4% |
| 5-year return | +66.1% | +134.1% |
| Volatility (ann.) | 25.2% | 25.6% |
| Beta vs S&P 500 | 0.52 | 0.52 |
| Max drawdown (3Y) | -23.9% | -24.8% |
| Market cap | $24.0B | $13.1B |
| P/E (trailing) | 21.0 | 32.6 |
| Dividend yield | 2.74% | 1.40% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DRI | TXRH |
|---|---|---|
| 2022 | -4.8% | +4.2% |
| 2023 | +22.8% | +37.1% |
| 2024 | +17.7% | +49.8% |
| 2025 | +1.6% | -6.6% |
| 2026 | +17.4% | +21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRI and TXRH good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DRI and TXRH?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.55 over the last year and 0.63 over 5 years.
Is TXRH a good diversifier for DRI?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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-txrh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dri-vs-txrh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRI correlations · TXRH correlations
