BBWI vs DLTR: Correlation
Measured on weekly returns over the past three years, Bath & Body Works, Inc. (BBWI) and Dollar Tree (DLTR) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBWI and DLTR?
On 3 years of weekly data the BBWI/DLTR correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.53 over 3. The 5-year figure is 0.44, and annualized covariance runs at 1006.6 %².
Few assets follow BBWI as closely as DLTR, which ranks #2 of 14 tracked partners. Their recent paths diverged sharply: over the last 12 months DLTR outperformed by 50.8 percentage points (-38.3% for BBWI against +12.5% for DLTR).
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 DLTR: side by side
| BBWI (Bath & Body Works, Inc.) | DLTR (Dollar Tree) | |
|---|---|---|
| 1-year return | -38.3% | +12.5% |
| 5-year return | -69.3% | +39.7% |
| Volatility (ann.) | 50.5% | 37.3% |
| Beta vs S&P 500 | 1.37 | 0.70 |
| Max drawdown (3Y) | -70.0% | -59.2% |
| Market cap | $3.8B | $23.8B |
| P/E (trailing) | 5.0 | 21.2 |
| Dividend yield | 2.12% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BBWI | DLTR |
|---|---|---|
| 2022 | -38.4% | +0.7% |
| 2023 | +4.7% | +0.4% |
| 2024 | -8.3% | -47.2% |
| 2025 | -46.5% | +64.1% |
| 2026 | -4.3% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBWI and DLTR good diversifiers for each other?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BBWI and DLTR?
As of 2026-08-27, the correlation of weekly returns between BBWI and DLTR is 0.53 over 3 years, 0.59 over 1 year and 0.44 over 5 years.
Is DLTR a good diversifier for BBWI?
To a limited degree. At 0.53 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.53 mean?
A reading of 0.53 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bbwi-vs-dltr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bbwi-vs-dltr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBWI correlations · DLTR correlations
