BJ vs KURA: Correlation
How closely do BJ's Wholesale Club Holdings, Inc. (BJ) and Kura Oncology, Inc. (KURA) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJ and KURA?
Over the past 3 years, BJ and KURA moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.31). Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -481.7 %².
KURA is close to the least connected end of BJ's tracked universe, ranking #42 of 43. Correlation aside, the last 12 months split them widely, with KURA ahead by 74.6 points (-6.9% versus +67.7%). One caveat on sizing: KURA is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 KURA: side by side
| BJ (BJ's Wholesale Club Holdings, Inc.) | KURA (Kura Oncology, Inc.) | |
|---|---|---|
| 1-year return | -6.9% | +67.7% |
| 5-year return | +59.5% | -30.6% |
| Volatility (ann.) | 26.4% | 59.8% |
| Beta vs S&P 500 | -0.14 | 1.61 |
| Max drawdown (3Y) | -30.1% | -76.5% |
| Market cap | $11.4B | $1.2B |
| P/E (trailing) | 20.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BJ | KURA |
|---|---|---|
| 2022 | -1.2% | -11.4% |
| 2023 | +0.8% | +15.9% |
| 2024 | +34.0% | -39.4% |
| 2025 | +0.8% | +19.3% |
| 2026 | +0.5% | +26.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJ and KURA good diversifiers for each other?
Yes. With a correlation of -0.31, BJ and KURA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BJ and KURA?
As of 2026-08-27, the correlation of weekly returns between BJ and KURA is -0.31 over 3 years, -0.44 over 1 year and -0.11 over 5 years.
Is KURA a good diversifier for BJ?
Yes. With a correlation of -0.31, BJ and KURA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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-kura.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bj-vs-kura/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BJ correlations · KURA correlations
