DG vs DLTR: Correlation
How closely do Dollar General (DG) and Dollar Tree (DLTR) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DG and DLTR?
Across a 3-year window, the weekly returns of DG and DLTR correlate at 0.51, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.63 versus 0.51 over 3 years. Stretching to 5 years gives 0.56, with an annualized covariance of 728.7 %².
DLTR is one of the assets that tracks DG most closely: it ranks #1 out of the 32 assets we track against DG. Twelve-month performance is nearly a tie, at +15.5% for DG and +12.5% for DLTR. On a rolling one-year basis the correlation drifted between 0.21 and 0.64, a moderate band.
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.
DG vs DLTR: side by side
| DG (Dollar General) | DLTR (Dollar Tree) | |
|---|---|---|
| 1-year return | +15.5% | +12.5% |
| 5-year return | -39.3% | +39.7% |
| Volatility (ann.) | 38.5% | 37.3% |
| Beta vs S&P 500 | 0.11 | 0.70 |
| Max drawdown (3Y) | -56.6% | -59.2% |
| Market cap | $27.8B | $23.8B |
| P/E (trailing) | 17.4 | 21.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | DG | DLTR |
|---|---|---|
| 2022 | +5.6% | +0.7% |
| 2023 | -44.1% | +0.4% |
| 2024 | -43.1% | -47.2% |
| 2025 | +79.6% | +64.1% |
| 2026 | -3.8% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DG and DLTR good diversifiers for each other?
To a limited degree. At 0.51 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 DG and DLTR?
Using weekly returns as of 2026-08-27: 0.51 over 3 years, with 0.63 over the last year and 0.56 over 5 years.
Is DLTR a good diversifier for DG?
To a limited degree. At 0.51 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 0.51 mean?
A reading of 0.51 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/dg-vs-dltr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dg-vs-dltr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DG correlations · DLTR correlations
