BG vs DASH: Correlation
How closely do Bunge Global (BG) and DoorDash (DASH) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BG and DASH?
Over the past 3 years, BG and DASH moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.44) runs below the 3-year figure (-0.24). Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -331.2 %².
Among the 37 assets we track against BG, DASH ranks #30 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BG outperformed by 40.8 percentage points (+35.2% for BG against -5.6% for DASH). This link changes with the market regime, having swung between -0.42 and 0.33 on a rolling one-year basis.
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.
BG vs DASH: side by side
| BG (Bunge Global) | DASH (DoorDash) | |
|---|---|---|
| 1-year return | +35.2% | -5.6% |
| 5-year return | +68.5% | +20.3% |
| Volatility (ann.) | 30.7% | 44.1% |
| Beta vs S&P 500 | 0.09 | 1.73 |
| Max drawdown (3Y) | -38.8% | -48.0% |
| Market cap | $21.4B | $101.0B |
| P/E (trailing) | 24.4 | 123.3 |
| Dividend yield | 2.51% | 0.00% |
| Sector / category | Consumer Staples | Consumer Discretionary |
Year-by-year returns
| Year | BG | DASH |
|---|---|---|
| 2022 | +9.3% | -67.2% |
| 2023 | +3.8% | +102.6% |
| 2024 | -20.7% | +69.6% |
| 2025 | +18.6% | +35.0% |
| 2026 | +27.5% | +2.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BG and DASH good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between BG and DASH?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.44 over the last year and -0.10 over 5 years.
Is DASH a good diversifier for BG?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/bg-vs-dash.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bg-vs-dash/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BG correlations · DASH correlations
