EAT vs RCL: Correlation
Measured on weekly returns over the past three years, Brinker International, Inc. (EAT) and Royal Caribbean Group (RCL) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EAT and RCL?
Over the past 3 years, EAT and RCL moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 861.2 %².
In EAT's tracked universe of 10 assets, RCL sits right near the top at #3. The last year tells two different stories: EAT led by 68.7 percentage points, +49.4% for EAT against -19.3% for RCL.
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.
EAT vs RCL: side by side
| EAT (Brinker International, Inc.) | RCL (Royal Caribbean Group) | |
|---|---|---|
| 1-year return | +49.4% | -19.3% |
| 5-year return | +347.9% | +257.6% |
| Volatility (ann.) | 47.1% | 41.3% |
| Beta vs S&P 500 | 0.67 | 1.46 |
| Max drawdown (3Y) | -45.9% | -35.0% |
| Market cap | $10.0B | $76.2B |
| P/E (trailing) | 21.5 | 17.9 |
| Dividend yield | 0.00% | 1.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | EAT | RCL |
|---|---|---|
| 2022 | -12.8% | -35.7% |
| 2023 | +35.3% | +162.0% |
| 2024 | +206.4% | +79.0% |
| 2025 | +8.5% | +22.5% |
| 2026 | +62.5% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EAT and RCL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EAT and RCL?
The EAT/RCL correlation stands at 0.44 on a 3-year window (1 year: 0.48, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is RCL a good diversifier for EAT?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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/eat-vs-rcl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eat-vs-rcl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EAT correlations · RCL correlations
