TNL vs TPR: Correlation
Travel Leisure Co. (TNL) and Tapestry, Inc. (TPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TNL and TPR?
Over the past 3 years, TNL and TPR moved with a correlation of 0.56, which is moderate. The past 12 months show a weaker link (0.46) than the 3-year average (0.56). Over 5 years the correlation is 0.56, and the annualized covariance of weekly returns is 634.6 %².
By 3-year correlation, TPR places #18 of the 34 assets tracked against TNL. Their 12-month results are close: +19.2% for TNL against +23.6% for TPR.
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.
TNL vs TPR: side by side
| TNL (Travel Leisure Co.) | TPR (Tapestry, Inc.) | |
|---|---|---|
| 1-year return | +19.2% | +23.6% |
| 5-year return | +59.9% | +240.1% |
| Volatility (ann.) | 30.1% | 37.8% |
| Beta vs S&P 500 | 1.19 | 1.05 |
| Max drawdown (3Y) | -32.2% | -31.8% |
| Market cap | $4.4B | $24.6B |
| P/E (trailing) | 19.9 | 17.9 |
| Dividend yield | 3.15% | 1.23% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | TNL | TPR |
|---|---|---|
| 2022 | -31.7% | -3.3% |
| 2023 | +12.5% | +0.2% |
| 2024 | +34.8% | +82.8% |
| 2025 | +45.5% | +98.7% |
| 2026 | +3.4% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TNL and TPR good diversifiers for each other?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between TNL and TPR?
The TNL/TPR correlation stands at 0.56 on a 3-year window (1 year: 0.46, 5 years: 0.56), computed from weekly returns as of 2026-08-27.
Is TPR a good diversifier for TNL?
To a limited degree. At 0.56 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.56 mean?
A reading of 0.56 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/tnl-vs-tpr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tnl-vs-tpr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TNL correlations · TPR correlations
