TNL vs WYNN: Correlation
Travel Leisure Co. (TNL) and Wynn Resorts (WYNN) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TNL and WYNN?
Over the past 3 years, TNL and WYNN moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 454.1 %².
By 3-year correlation, WYNN places #29 of the 34 assets tracked against TNL. The last year tells two different stories: TNL led by 42.5 percentage points, +19.2% for TNL against -23.3% for WYNN.
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 WYNN: side by side
| TNL (Travel Leisure Co.) | WYNN (Wynn Resorts) | |
|---|---|---|
| 1-year return | +19.2% | -23.3% |
| 5-year return | +59.9% | -2.9% |
| Volatility (ann.) | 30.1% | 34.7% |
| Beta vs S&P 500 | 1.19 | 0.88 |
| Max drawdown (3Y) | -32.2% | -37.8% |
| Market cap | $4.4B | $9.6B |
| P/E (trailing) | 19.9 | 22.4 |
| Dividend yield | 3.15% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | TNL | WYNN |
|---|---|---|
| 2022 | -31.7% | -3.0% |
| 2023 | +12.5% | +11.3% |
| 2024 | +34.8% | -4.4% |
| 2025 | +45.5% | +41.0% |
| 2026 | +3.4% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TNL and WYNN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TNL and WYNN?
As of 2026-08-27, the correlation of weekly returns between TNL and WYNN is 0.43 over 3 years, 0.51 over 1 year and 0.44 over 5 years.
Is WYNN a good diversifier for TNL?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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/tnl-vs-wynn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tnl-vs-wynn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TNL correlations · WYNN correlations
