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RRR vs WYNN: Correlation

How closely do Red Rock Resorts, Inc. (RRR) and Wynn Resorts (WYNN) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.45
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
485.4
%² · weekly, annualized

How correlated are RRR and WYNN?

Over the past 3 years, RRR and WYNN moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 485.4 %².

Among the 15 assets we track against RRR, WYNN ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RRR ahead by 19.1 points (-4.2% versus -23.3%).

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.

RRR vs WYNN: side by side

RRR (Red Rock Resorts, Inc.)WYNN (Wynn Resorts)
1-year return-4.2%-23.3%
5-year return+60.9%-2.9%
Volatility (ann.)32.0%34.7%
Beta vs S&P 5000.900.88
Max drawdown (3Y)-38.6%-37.8%
Market cap$6.0B$9.6B
P/E (trailing)20.622.4
Dividend yield1.73%1.03%
Sector / categoryUS ListedConsumer Discretionary
Lower P/E: RRR 20.6 vs 22.4Higher yield: RRR 1.73% vs 1.03%Smaller drawdown: WYNN -37.8% vs -38.6%Higher 5y return: RRR +60.9% vs -2.9%
-22%0%+12%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. RRR · WYNN

Year-by-year returns

YearRRRWYNN
2022-23.7%-3.0%
2023+36.3%+11.3%
2024-10.1%-4.4%
2025+39.5%+41.0%
2026-3.5%-21.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RRR and WYNN good diversifiers for each other?

Reasonably. At 0.44, RRR and WYNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between RRR and WYNN?

As of 2026-08-27, the correlation of weekly returns between RRR and WYNN is 0.44 over 3 years, 0.45 over 1 year and 0.45 over 5 years.

Is WYNN a good diversifier for RRR?

Reasonably. At 0.44, RRR and WYNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.44 mean?

On the −1 to +1 scale, 0.44 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

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RRR vs WYNN: 3-year weekly correlation 0.44RRR vs WYNN0.44

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Related comparisons

Hubs: RRR correlations · WYNN correlations