BF.B vs DLTR: Correlation
Brown–Forman (BF.B) and Dollar Tree (DLTR) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BF.B and DLTR?
Over the past 3 years, BF.B and DLTR moved with a correlation of 0.25, which is weak. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 312.5 %².
Among the 36 assets we track against BF.B, DLTR ranks #23 by 3-year correlation. The last year tells two different stories: DLTR led by 19.9 percentage points, -7.4% for BF.B against +12.5% for DLTR. Across three years, the rolling one-year figure varied moderately, from 0.03 to 0.43.
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.
BF.B vs DLTR: side by side
| BF.B (Brown–Forman) | DLTR (Dollar Tree) | |
|---|---|---|
| 1-year return | -7.4% | +12.5% |
| 5-year return | -56.8% | +39.7% |
| Volatility (ann.) | 34.0% | 37.3% |
| Beta vs S&P 500 | 0.51 | 0.70 |
| Max drawdown (3Y) | -64.8% | -59.2% |
| Market cap | $12.5B | $23.8B |
| P/E (trailing) | 18.3 | 21.2 |
| Dividend yield | 3.26% | 0.00% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | BF.B | DLTR |
|---|---|---|
| 2022 | -8.9% | +0.7% |
| 2023 | -11.9% | +0.4% |
| 2024 | -32.2% | -47.2% |
| 2025 | -29.3% | +64.1% |
| 2026 | +6.6% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BF.B and DLTR good diversifiers for each other?
Reasonably. At 0.25, BF.B and DLTR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BF.B and DLTR?
As of 2026-08-27, the correlation of weekly returns between BF.B and DLTR is 0.25 over 3 years, 0.29 over 1 year and 0.27 over 5 years.
Is DLTR a good diversifier for BF.B?
Reasonably. At 0.25, BF.B and DLTR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.25 mean?
On the −1 to +1 scale, 0.25 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/bf-b-vs-dltr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bf-b-vs-dltr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BF.B correlations · DLTR correlations
