TPR vs WYNN: Correlation
How closely do Tapestry, Inc. (TPR) and Wynn Resorts (WYNN) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TPR and WYNN?
Over the past 3 years, TPR and WYNN moved with a correlation of 0.38, which is moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 500.8 %².
By 3-year correlation, WYNN places #25 of the 36 assets tracked against TPR. Their recent paths diverged sharply: over the last 12 months TPR outperformed by 46.9 percentage points (+23.6% for TPR against -23.3% for WYNN). On a rolling one-year basis the correlation drifted between 0.25 and 0.57, a moderate band.
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.
TPR vs WYNN: side by side
| TPR (Tapestry, Inc.) | WYNN (Wynn Resorts) | |
|---|---|---|
| 1-year return | +23.6% | -23.3% |
| 5-year return | +240.1% | -2.9% |
| Volatility (ann.) | 37.8% | 34.7% |
| Beta vs S&P 500 | 1.05 | 0.88 |
| Max drawdown (3Y) | -31.8% | -37.8% |
| Market cap | $24.6B | $9.6B |
| P/E (trailing) | 17.9 | 22.4 |
| Dividend yield | 1.23% | 1.03% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | TPR | WYNN |
|---|---|---|
| 2022 | -3.3% | -3.0% |
| 2023 | +0.2% | +11.3% |
| 2024 | +82.8% | -4.4% |
| 2025 | +98.7% | +41.0% |
| 2026 | -3.0% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TPR and WYNN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TPR and WYNN?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.39 over the last year and 0.44 over 5 years.
Is WYNN a good diversifier for TPR?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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
$ curl https://www.pairbook.io/api/v1/pairs/tpr-vs-wynn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/tpr-vs-wynn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TPR correlations · WYNN correlations
