RL vs TNL: Correlation
How closely do Ralph Lauren Corporation (RL) and Travel Leisure Co. (TNL) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RL and TNL?
Across a 3-year window, the weekly returns of RL and TNL correlate at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. Stretching to 5 years gives 0.57, with an annualized covariance of 547.8 %².
Among the 42 assets we track against RL, TNL ranks #10 by 3-year correlation. Their 12-month results are close: +20.7% for RL against +19.2% for TNL.
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.
RL vs TNL: side by side
| RL (Ralph Lauren Corporation) | TNL (Travel Leisure Co.) | |
|---|---|---|
| 1-year return | +20.7% | +19.2% |
| 5-year return | +232.5% | +59.9% |
| Volatility (ann.) | 33.6% | 30.1% |
| Beta vs S&P 500 | 1.07 | 1.19 |
| Max drawdown (3Y) | -36.2% | -32.2% |
| Market cap | $21.0B | $4.4B |
| P/E (trailing) | 22.8 | 19.9 |
| Dividend yield | 1.03% | 3.15% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | RL | TNL |
|---|---|---|
| 2022 | -8.4% | -31.7% |
| 2023 | +39.8% | +12.5% |
| 2024 | +62.9% | +34.8% |
| 2025 | +55.0% | +45.5% |
| 2026 | +0.0% | +3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RL and TNL good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RL and TNL?
As of 2026-08-27, the correlation of weekly returns between RL and TNL is 0.54 over 3 years, 0.54 over 1 year and 0.57 over 5 years.
Is TNL a good diversifier for RL?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
A reading of 0.54 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/rl-vs-tnl.json
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[](https://www.pairbook.io/pair/rl-vs-tnl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RL correlations · TNL correlations
