BJ vs RVP: Correlation
BJ's Wholesale Club Holdings, Inc. (BJ) and Retractable Technologies, Inc. (RVP) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJ and RVP?
Over the past 3 years, BJ and RVP moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.35) runs below the 3-year figure (-0.22). Over 5 years the correlation is -0.05, and the annualized covariance of weekly returns is -216.0 %².
Among the 43 assets we track against BJ, RVP ranks #28 by 3-year correlation. Over the last 12 months BJ came out ahead by 6.1 percentage points (-6.9% against -13.0%).
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 RVP: side by side
| BJ (BJ's Wholesale Club Holdings, Inc.) | RVP (Retractable Technologies, Inc.) | |
|---|---|---|
| 1-year return | -6.9% | -13.0% |
| 5-year return | +59.5% | -94.2% |
| Volatility (ann.) | 26.4% | 36.9% |
| Beta vs S&P 500 | -0.14 | 0.49 |
| Max drawdown (3Y) | -30.1% | -57.5% |
| 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 | RVP |
|---|---|---|
| 2022 | -1.2% | -76.3% |
| 2023 | +0.8% | -32.3% |
| 2024 | +34.0% | -37.8% |
| 2025 | +0.8% | +11.6% |
| 2026 | +0.5% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJ and RVP good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between BJ and RVP?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.35 over the last year and -0.05 over 5 years.
Is RVP a good diversifier for BJ?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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-rvp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bj-vs-rvp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BJ correlations · RVP correlations
