BA vs DLTR: Correlation
How closely do Boeing (BA) and Dollar Tree (DLTR) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BA and DLTR?
Across a 3-year window, the weekly returns of BA and DLTR correlate at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.40 lands near the 3-year figure. Stretching to 5 years gives 0.34, with an annualized covariance of 560.0 %².
By 3-year correlation, DLTR places #24 of the 37 assets tracked against BA. Correlation aside, the last 12 months split them widely, with DLTR ahead by 23.4 points (-10.9% versus +12.5%). Stability stands out here, with the rolling one-year correlation confined to 0.30 through 0.49.
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.
BA vs DLTR: side by side
| BA (Boeing) | DLTR (Dollar Tree) | |
|---|---|---|
| 1-year return | -10.9% | +12.5% |
| 5-year return | -3.6% | +39.7% |
| Volatility (ann.) | 36.4% | 37.3% |
| Beta vs S&P 500 | 1.43 | 0.70 |
| Max drawdown (3Y) | -48.3% | -59.2% |
| Market cap | $165.9B | $23.8B |
| P/E (trailing) | 76.3 | 21.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | Consumer Staples |
Year-by-year returns
| Year | BA | DLTR |
|---|---|---|
| 2022 | -5.4% | +0.7% |
| 2023 | +36.8% | +0.4% |
| 2024 | -32.1% | -47.2% |
| 2025 | +22.7% | +64.1% |
| 2026 | -3.3% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BA and DLTR good diversifiers for each other?
Reasonably. At 0.41, BA and DLTR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BA and DLTR?
As of 2026-08-27, the correlation of weekly returns between BA and DLTR is 0.41 over 3 years, 0.40 over 1 year and 0.34 over 5 years.
Is DLTR a good diversifier for BA?
Reasonably. At 0.41, BA and DLTR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/ba-vs-dltr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ba-vs-dltr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BA correlations · DLTR correlations
