DDS vs MAC: Correlation
Dillard's, Inc. (DDS) and Macerich Company (The) (MAC) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDS and MAC?
Across a 3-year window, the weekly returns of DDS and MAC correlate at 0.54, moderate. The link has loosened recently: the 1-year correlation (0.37) runs below the 3-year figure (0.54). Stretching to 5 years gives 0.53, with an annualized covariance of 810.6 %².
By 3-year correlation, MAC places #4 of the 11 assets tracked against DDS. On 12-month performance MAC holds a 14.3-point edge, +20.2% against +34.5%.
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.
DDS vs MAC: side by side
| DDS (Dillard's, Inc.) | MAC (Macerich Company (The)) | |
|---|---|---|
| 1-year return | +20.2% | +34.5% |
| 5-year return | +310.3% | +75.7% |
| Volatility (ann.) | 41.0% | 36.7% |
| Beta vs S&P 500 | 1.06 | 1.22 |
| Max drawdown (3Y) | -42.0% | -39.6% |
| Market cap | – | $7.1B |
| P/E (trailing) | 14.5 | – |
| Dividend yield | 0.09% | 2.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DDS | MAC |
|---|---|---|
| 2022 | +38.7% | -31.6% |
| 2023 | +32.1% | +45.7% |
| 2024 | +13.5% | +34.5% |
| 2025 | +46.8% | -3.7% |
| 2026 | +4.1% | +31.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDS and MAC good diversifiers for each other?
To a limited degree. At 0.54 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 DDS and MAC?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.37 over the last year and 0.53 over 5 years.
Is MAC a good diversifier for DDS?
To a limited degree. At 0.54 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 0.54 mean?
A reading of 0.54 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/dds-vs-mac.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dds-vs-mac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDS correlations · MAC correlations
