ACI vs BJ: Correlation
Measured on weekly returns over the past three years, Albertsons Companies, Inc. (ACI) and BJ's Wholesale Club Holdings, Inc. (BJ) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACI and BJ?
On 3 years of weekly data the ACI/BJ correlation comes out at 0.31, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.31 over 3. The 5-year figure is 0.25, and annualized covariance runs at 218.1 %².
Among the 23 assets we track against ACI, BJ ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BJ outperformed by 27.8 percentage points (-34.7% for ACI against -6.9% for BJ).
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.
ACI vs BJ: side by side
| ACI (Albertsons Companies, Inc.) | BJ (BJ's Wholesale Club Holdings, Inc.) | |
|---|---|---|
| 1-year return | -34.7% | -6.9% |
| 5-year return | -36.3% | +59.5% |
| Volatility (ann.) | 26.9% | 26.4% |
| Beta vs S&P 500 | 0.08 | -0.14 |
| Max drawdown (3Y) | -49.1% | -30.1% |
| Market cap | $5.9B | $11.4B |
| P/E (trailing) | 76.4 | 20.4 |
| Dividend yield | 5.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACI | BJ |
|---|---|---|
| 2022 | -6.8% | -1.2% |
| 2023 | +13.4% | +0.8% |
| 2024 | -12.5% | +34.0% |
| 2025 | -10.0% | +0.8% |
| 2026 | -26.3% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACI and BJ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACI and BJ?
As of 2026-08-27, the correlation of weekly returns between ACI and BJ is 0.31 over 3 years, 0.40 over 1 year and 0.25 over 5 years.
Is BJ a good diversifier for ACI?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 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/aci-vs-bj.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aci-vs-bj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ACI correlations · BJ correlations
