BJ vs YTRA: Correlation
How closely do BJ's Wholesale Club Holdings, Inc. (BJ) and Yatra Online, Inc. (YTRA) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJ and YTRA?
On 3 years of weekly data the BJ/YTRA correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.31) sits close to the 3-year figure. The 5-year figure is -0.09, and annualized covariance runs at -376.7 %².
By 3-year correlation, YTRA places #37 of the 43 assets tracked against BJ. The last year tells two different stories: BJ led by 22.7 percentage points, -6.9% for BJ against -29.6% for YTRA. Risk is not evenly split, since YTRA carries 2.1 times the volatility of the other side.
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 YTRA: side by side
| BJ (BJ's Wholesale Club Holdings, Inc.) | YTRA (Yatra Online, Inc.) | |
|---|---|---|
| 1-year return | -6.9% | -29.6% |
| 5-year return | +59.5% | -46.2% |
| Volatility (ann.) | 26.4% | 56.1% |
| Beta vs S&P 500 | -0.14 | 1.03 |
| Max drawdown (3Y) | -30.1% | -77.4% |
| Market cap | $11.4B | $0.1B |
| P/E (trailing) | 20.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BJ | YTRA |
|---|---|---|
| 2022 | -1.2% | +39.3% |
| 2023 | +0.8% | -32.4% |
| 2024 | +34.0% | -22.7% |
| 2025 | +0.8% | +41.3% |
| 2026 | +0.5% | -44.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJ and YTRA good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between BJ and YTRA?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.31 over the last year and -0.09 over 5 years.
Is YTRA a good diversifier for BJ?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: BJ correlations · YTRA correlations
