DUKR vs TPB: Correlation
Measured on weekly returns over the past three years, DUKE Robotics Corp. (DUKR) and Turning Point Brands, Inc. (TPB) carry a correlation of -0.42, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUKR and TPB?
Over the past 3 years, DUKR and TPB moved with a correlation of -0.42, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.62 versus -0.42 over 3 years. Over 5 years the correlation is -0.32, and the annualized covariance of weekly returns is -26475.9 %².
Out of 10 assets tracked against DUKR, TPB lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months DUKR outperformed by 1778.6 percentage points (+1764.4% for DUKR against -14.2% for TPB). Note the risk asymmetry: DUKR runs 31.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DUKR vs TPB: side by side
| DUKR (DUKE Robotics Corp.) | TPB (Turning Point Brands, Inc.) | |
|---|---|---|
| 1-year return | +1764.4% | -14.2% |
| 5-year return | +1517.6% | +74.4% |
| Volatility (ann.) | 1413.7% | 44.7% |
| Beta vs S&P 500 | -9.42 | 0.76 |
| Max drawdown (3Y) | -74.1% | -50.6% |
| Market cap | – | $1.7B |
| P/E (trailing) | – | 38.3 |
| Dividend yield | 0.00% | 0.35% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DUKR | TPB |
|---|---|---|
| 2022 | -45.5% | -42.2% |
| 2023 | -16.7% | +23.1% |
| 2024 | +50.0% | +130.1% |
| 2025 | +63.3% | +81.0% |
| 2026 | +2144.9% | -22.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUKR and TPB good diversifiers for each other?
Yes: at -0.42, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DUKR and TPB?
The DUKR/TPB correlation stands at -0.42 on a 3-year window (1 year: -0.62, 5 years: -0.32), computed from weekly returns as of 2026-08-27.
Is TPB a good diversifier for DUKR?
Yes: at -0.42, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.42 mean?
On the −1 to +1 scale, -0.42 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
$ curl https://www.pairbook.io/api/v1/pairs/dukr-vs-tpb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dukr-vs-tpb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DUKR correlations · TPB correlations
