DRVN vs WD: Correlation
How closely do Driven Brands Holdings Inc. (DRVN) and Walker & Dunlop, Inc (WD) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DRVN and WD?
On 3 years of weekly data the DRVN/WD correlation comes out at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 850.0 %².
By 3-year correlation, WD places #5 of the 11 assets tracked against DRVN. Correlation aside, the last 12 months split them widely, with DRVN ahead by 19.8 points (-31.2% versus -51.0%).
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.
DRVN vs WD: side by side
| DRVN (Driven Brands Holdings Inc.) | WD (Walker & Dunlop, Inc) | |
|---|---|---|
| 1-year return | -31.2% | -51.0% |
| 5-year return | -57.4% | -53.5% |
| Volatility (ann.) | 43.3% | 38.5% |
| Beta vs S&P 500 | 0.77 | 1.12 |
| Max drawdown (3Y) | -46.4% | -63.4% |
| Market cap | $2.1B | $1.4B |
| P/E (trailing) | 13.2 | 36.0 |
| Dividend yield | 0.00% | 6.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DRVN | WD |
|---|---|---|
| 2022 | -18.8% | -46.8% |
| 2023 | -47.8% | +46.0% |
| 2024 | +13.2% | -10.1% |
| 2025 | -8.2% | -35.9% |
| 2026 | -14.6% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DRVN and WD good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DRVN and WD?
The DRVN/WD correlation stands at 0.51 on a 3-year window (1 year: 0.58, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is WD a good diversifier for DRVN?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 mean?
A reading of 0.51 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/drvn-vs-wd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/drvn-vs-wd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DRVN correlations · WD correlations
