CTRN vs W: Correlation
Measured on weekly returns over the past three years, Citi Trends, Inc. (CTRN) and Wayfair Inc. (W) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTRN and W?
On 3 years of weekly data the CTRN/W correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 1639.2 %².
W is one of the assets that tracks CTRN most closely: it ranks #2 out of the 13 assets we track against CTRN. Their recent paths diverged sharply: over the last 12 months CTRN outperformed by 45.7 percentage points (+86.7% for CTRN against +41.0% for W).
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 W: side by side
| CTRN (Citi Trends, Inc.) | W (Wayfair Inc.) | |
|---|---|---|
| 1-year return | +86.7% | +41.0% |
| 5-year return | -19.6% | -64.0% |
| Volatility (ann.) | 52.8% | 67.1% |
| Beta vs S&P 500 | 1.41 | 2.50 |
| Max drawdown (3Y) | -57.0% | -67.7% |
| Market cap | $0.6B | $14.4B |
| P/E (trailing) | 79.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CTRN | W |
|---|---|---|
| 2022 | -72.1% | -82.7% |
| 2023 | +6.8% | +87.6% |
| 2024 | -7.2% | -28.2% |
| 2025 | +58.3% | +126.6% |
| 2026 | +65.2% | +4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTRN and W good diversifiers for each other?
Reasonably. At 0.46, CTRN and W keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CTRN and W?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.41 over the last year and 0.42 over 5 years.
Is W a good diversifier for CTRN?
Reasonably. At 0.46, CTRN and W keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 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/ctrn-vs-w.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ctrn-vs-w/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CTRN correlations · W correlations
