BBWI vs DG: Correlation
Bath & Body Works, Inc. (BBWI) and Dollar General (DG) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBWI and DG?
On 3 years of weekly data the BBWI/DG correlation comes out at 0.33, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.59 versus 0.33 over 3 years. The 5-year figure is 0.26, and annualized covariance runs at 632.3 %².
Out of 14 assets tracked against BBWI, DG lands near the bottom at #10. The last year tells two different stories: DG led by 53.8 percentage points, -38.3% for BBWI against +15.5% for DG.
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.
BBWI vs DG: side by side
| BBWI (Bath & Body Works, Inc.) | DG (Dollar General) | |
|---|---|---|
| 1-year return | -38.3% | +15.5% |
| 5-year return | -69.3% | -39.3% |
| Volatility (ann.) | 50.5% | 38.5% |
| Beta vs S&P 500 | 1.37 | 0.11 |
| Max drawdown (3Y) | -70.0% | -56.6% |
| Market cap | $3.8B | $27.8B |
| P/E (trailing) | 5.0 | 17.4 |
| Dividend yield | 2.12% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BBWI | DG |
|---|---|---|
| 2022 | -38.4% | +5.6% |
| 2023 | +4.7% | -44.1% |
| 2024 | -8.3% | -43.1% |
| 2025 | -46.5% | +79.6% |
| 2026 | -4.3% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBWI and DG good diversifiers for each other?
Reasonably. At 0.33, BBWI and DG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BBWI and DG?
As of 2026-08-27, the correlation of weekly returns between BBWI and DG is 0.33 over 3 years, 0.59 over 1 year and 0.26 over 5 years.
Is DG a good diversifier for BBWI?
Reasonably. At 0.33, BBWI and DG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/bbwi-vs-dg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bbwi-vs-dg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBWI correlations · DG correlations
