BURL vs DKS: Correlation
Measured on weekly returns over the past three years, Burlington Stores, Inc. (BURL) and Dick's Sporting Goods Inc (DKS) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BURL and DKS?
On 3 years of weekly data the BURL/DKS correlation comes out at 0.52, moderate. Recent behaviour matches the longer record: 0.47 over 1 year against 0.52 over 3. The 5-year figure is 0.51, and annualized covariance runs at 845.7 %².
Few assets follow BURL as closely as DKS, which ranks #3 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with BURL ahead by 43.8 points (+3.5% versus -40.3%).
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.
BURL vs DKS: side by side
| BURL (Burlington Stores, Inc.) | DKS (Dick's Sporting Goods Inc) | |
|---|---|---|
| 1-year return | +3.5% | -40.3% |
| 5-year return | -3.9% | +8.3% |
| Volatility (ann.) | 38.7% | 41.9% |
| Beta vs S&P 500 | 0.87 | 1.33 |
| Max drawdown (3Y) | -28.4% | -48.5% |
| Market cap | $18.3B | $11.8B |
| P/E (trailing) | 32.3 | 14.5 |
| Dividend yield | 0.00% | 3.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BURL | DKS |
|---|---|---|
| 2022 | -30.4% | +6.6% |
| 2023 | -4.1% | +25.9% |
| 2024 | +46.6% | +58.9% |
| 2025 | +1.3% | -11.5% |
| 2026 | +0.4% | -32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BURL and DKS good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BURL and DKS?
As of 2026-08-27, the correlation of weekly returns between BURL and DKS is 0.52 over 3 years, 0.47 over 1 year and 0.51 over 5 years.
Is DKS a good diversifier for BURL?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 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/burl-vs-dks.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/burl-vs-dks/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BURL correlations · DKS correlations
