BJRI vs DLTR: Correlation
Measured on weekly returns over the past three years, BJ's Restaurants, Inc. (BJRI) and Dollar Tree (DLTR) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BJRI and DLTR?
On 3 years of weekly data the BJRI/DLTR correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. The 5-year figure is 0.36, and annualized covariance runs at 616.5 %².
DLTR is close to the least connected end of BJRI's tracked universe, ranking #12 of 16. Correlation aside, the last 12 months split them widely, with BJRI ahead by 73.6 points (+86.1% versus +12.5%).
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.
BJRI vs DLTR: side by side
| BJRI (BJ's Restaurants, Inc.) | DLTR (Dollar Tree) | |
|---|---|---|
| 1-year return | +86.1% | +12.5% |
| 5-year return | +50.0% | +39.7% |
| Volatility (ann.) | 41.5% | 37.3% |
| Beta vs S&P 500 | 1.20 | 0.70 |
| Max drawdown (3Y) | -38.7% | -59.2% |
| Market cap | $1.4B | $23.8B |
| P/E (trailing) | 33.7 | 21.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | BJRI | DLTR |
|---|---|---|
| 2022 | -23.6% | +0.7% |
| 2023 | +36.5% | +0.4% |
| 2024 | -2.4% | -47.2% |
| 2025 | +12.1% | +64.1% |
| 2026 | +61.7% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BJRI and DLTR good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BJRI and DLTR?
As of 2026-08-27, the correlation of weekly returns between BJRI and DLTR is 0.40 over 3 years, 0.47 over 1 year and 0.36 over 5 years.
Is DLTR a good diversifier for BJRI?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 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/bjri-vs-dltr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bjri-vs-dltr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BJRI correlations · DLTR correlations
