BBW vs DKS: Correlation
How closely do Build-A-Bear Workshop, Inc. (BBW) and Dick's Sporting Goods Inc (DKS) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBW and DKS?
Over the past 3 years, BBW and DKS moved with a correlation of 0.36, which is moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.36 over 3. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 733.9 %².
In BBW's tracked universe of 16 assets, DKS sits right near the top at #3. The trailing year gives DKS the advantage: -50.4% versus -40.3%, a 10.1-point spread.
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.
BBW vs DKS: side by side
| BBW (Build-A-Bear Workshop, Inc.) | DKS (Dick's Sporting Goods Inc) | |
|---|---|---|
| 1-year return | -50.4% | -40.3% |
| 5-year return | +86.4% | +8.3% |
| Volatility (ann.) | 48.4% | 41.9% |
| Beta vs S&P 500 | 0.89 | 1.33 |
| Max drawdown (3Y) | -61.7% | -48.5% |
| Market cap | – | $11.8B |
| P/E (trailing) | 9.1 | 14.5 |
| Dividend yield | 0.00% | 3.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBW | DKS |
|---|---|---|
| 2022 | +22.1% | +6.6% |
| 2023 | +2.8% | +25.9% |
| 2024 | +105.6% | +58.9% |
| 2025 | +35.4% | -11.5% |
| 2026 | -53.0% | -32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBW and DKS good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BBW and DKS?
The BBW/DKS correlation stands at 0.36 on a 3-year window (1 year: 0.36, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is DKS a good diversifier for BBW?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/bbw-vs-dks.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbw-vs-dks/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BBW correlations · DKS correlations
