BJ vs DDC: Correlation
BJ's Wholesale Club Holdings, Inc. (BJ) and DDC Enterprise Limited Class A (DDC) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJ and DDC?
On 3 years of weekly data the BJ/DDC correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.18 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -907.7 %².
Among the 43 assets we track against BJ, DDC ranks #21 by 3-year correlation. The last year tells two different stories: BJ led by 88.8 percentage points, -6.9% for BJ against -95.7% for DDC. Note the risk asymmetry: DDC runs 6.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BJ vs DDC: side by side
| BJ (BJ's Wholesale Club Holdings, Inc.) | DDC (DDC Enterprise Limited Class A) | |
|---|---|---|
| 1-year return | -6.9% | -95.7% |
| 5-year return | +59.5% | n/a |
| Volatility (ann.) | 26.4% | 158.5% |
| Beta vs S&P 500 | -0.14 | 2.55 |
| Max drawdown (3Y) | -30.1% | -99.8% |
| Market cap | $11.4B | – |
| P/E (trailing) | 20.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BJ | DDC |
|---|---|---|
| 2022 | -1.2% | – |
| 2023 | +0.8% | – |
| 2024 | +34.0% | -96.3% |
| 2025 | +0.8% | -53.1% |
| 2026 | +0.5% | -73.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJ and DDC good diversifiers for each other?
Yes. With a correlation of -0.21, BJ and DDC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BJ and DDC?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.18 over the last year and n/a over 5 years.
Is DDC a good diversifier for BJ?
Yes. With a correlation of -0.21, BJ and DDC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/bj-vs-ddc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bj-vs-ddc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BJ correlations · DDC correlations
