CTRN vs FIVE: Correlation
Citi Trends, Inc. (CTRN) and Five Below, Inc. (FIVE) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTRN and FIVE?
On 3 years of weekly data the CTRN/FIVE correlation comes out at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.36 versus 0.50 over 3 years. The 5-year figure is 0.51, and annualized covariance runs at 1342.6 %².
In CTRN's tracked universe of 13 assets, FIVE sits right near the top at #1. The last year tells two different stories: CTRN led by 15.7 percentage points, +86.7% for CTRN against +71.0% for FIVE.
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.
CTRN vs FIVE: side by side
| CTRN (Citi Trends, Inc.) | FIVE (Five Below, Inc.) | |
|---|---|---|
| 1-year return | +86.7% | +71.0% |
| 5-year return | -19.6% | +15.1% |
| Volatility (ann.) | 52.8% | 50.8% |
| Beta vs S&P 500 | 1.41 | 1.42 |
| Max drawdown (3Y) | -57.0% | -74.1% |
| Market cap | $0.6B | $13.7B |
| P/E (trailing) | 79.8 | 31.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTRN | FIVE |
|---|---|---|
| 2022 | -72.1% | -14.5% |
| 2023 | +6.8% | +20.5% |
| 2024 | -7.2% | -50.8% |
| 2025 | +58.3% | +79.5% |
| 2026 | +65.2% | +31.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTRN and FIVE good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CTRN and FIVE?
As of 2026-08-27, the correlation of weekly returns between CTRN and FIVE is 0.50 over 3 years, 0.36 over 1 year and 0.51 over 5 years.
Is FIVE a good diversifier for CTRN?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/ctrn-vs-five.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ctrn-vs-five/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CTRN correlations · FIVE correlations
