CBRL vs DLTR: Correlation
Cracker Barrel Old Country Store, Inc. (CBRL) and Dollar Tree (DLTR) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRL and DLTR?
Across a 3-year window, the weekly returns of CBRL and DLTR correlate at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Stretching to 5 years gives 0.39, with an annualized covariance of 824.3 %².
By 3-year correlation, DLTR places #9 of the 14 assets tracked against CBRL. Correlation aside, the last 12 months split them widely, with DLTR ahead by 21.8 points (-9.3% 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.
CBRL vs DLTR: side by side
| CBRL (Cracker Barrel Old Country Store, Inc.) | DLTR (Dollar Tree) | |
|---|---|---|
| 1-year return | -9.3% | +12.5% |
| 5-year return | -52.2% | +39.7% |
| Volatility (ann.) | 55.0% | 37.3% |
| Beta vs S&P 500 | 0.96 | 0.70 |
| Max drawdown (3Y) | -68.0% | -59.2% |
| Market cap | $1.2B | $23.8B |
| P/E (trailing) | 51.0 | 21.2 |
| Dividend yield | 1.71% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | CBRL | DLTR |
|---|---|---|
| 2022 | -22.7% | +0.7% |
| 2023 | -14.0% | +0.4% |
| 2024 | -27.9% | -47.2% |
| 2025 | -50.9% | +64.1% |
| 2026 | +121.2% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRL and DLTR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CBRL and DLTR?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.43 over the last year and 0.39 over 5 years.
Is DLTR a good diversifier for CBRL?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cbrl-vs-dltr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cbrl-vs-dltr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CBRL correlations · DLTR correlations
