BJ vs DIS: Correlation
BJ's Wholesale Club Holdings, Inc. (BJ) and Walt Disney Company (The) (DIS) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJ and DIS?
Over the past 3 years, BJ and DIS moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.28) sits close to the 3-year figure. Over 5 years the correlation is 0.05, and the annualized covariance of weekly returns is -146.6 %².
Among the 43 assets we track against BJ, DIS ranks #18 by 3-year correlation. Neither side won the trailing year by much: -6.9% against -8.2%.
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 DIS: side by side
| BJ (BJ's Wholesale Club Holdings, Inc.) | DIS (Walt Disney Company (The)) | |
|---|---|---|
| 1-year return | -6.9% | -8.2% |
| 5-year return | +59.5% | -38.8% |
| Volatility (ann.) | 26.4% | 27.7% |
| Beta vs S&P 500 | -0.14 | 0.96 |
| Max drawdown (3Y) | -30.1% | -32.9% |
| Market cap | $11.4B | $184.4B |
| P/E (trailing) | 20.4 | 22.6 |
| Dividend yield | 0.00% | 1.37% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | BJ | DIS |
|---|---|---|
| 2022 | -1.2% | -43.9% |
| 2023 | +0.8% | +4.3% |
| 2024 | +34.0% | +24.4% |
| 2025 | +0.8% | +3.3% |
| 2026 | +0.5% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJ and DIS good diversifiers for each other?
Yes. With a correlation of -0.20, BJ and DIS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BJ and DIS?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.28 over the last year and 0.05 over 5 years.
Is DIS a good diversifier for BJ?
Yes. With a correlation of -0.20, BJ and DIS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/bj-vs-dis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bj-vs-dis/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BJ correlations · DIS correlations
