DXCM vs TNL: Correlation
Dexcom (DXCM) and Travel Leisure Co. (TNL) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXCM and TNL?
Across a 3-year window, the weekly returns of DXCM and TNL correlate at 0.35, moderate. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Stretching to 5 years gives 0.30, with an annualized covariance of 498.5 %².
By 3-year correlation, TNL places #15 of the 28 assets tracked against DXCM. Twelve-month performance is nearly a tie, at +16.9% for DXCM and +19.2% for TNL. Risk is not evenly split, since DXCM carries 1.6 times the volatility of the other side.
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.
DXCM vs TNL: side by side
| DXCM (Dexcom) | TNL (Travel Leisure Co.) | |
|---|---|---|
| 1-year return | +16.9% | +19.2% |
| 5-year return | -31.5% | +59.9% |
| Volatility (ann.) | 46.7% | 30.1% |
| Beta vs S&P 500 | 1.02 | 1.19 |
| Max drawdown (3Y) | -61.0% | -32.2% |
| Market cap | $33.7B | $4.4B |
| P/E (trailing) | 35.2 | 19.9 |
| Dividend yield | 0.00% | 3.15% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | DXCM | TNL |
|---|---|---|
| 2022 | -15.6% | -31.7% |
| 2023 | +9.6% | +12.5% |
| 2024 | -37.3% | +34.8% |
| 2025 | -14.7% | +45.5% |
| 2026 | +34.5% | +3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXCM and TNL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DXCM and TNL?
As of 2026-08-27, the correlation of weekly returns between DXCM and TNL is 0.35 over 3 years, 0.29 over 1 year and 0.30 over 5 years.
Is TNL a good diversifier for DXCM?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/dxcm-vs-tnl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxcm-vs-tnl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DXCM correlations · TNL correlations
