DG vs GAIA: Correlation
Measured on weekly returns over the past three years, Dollar General (DG) and Gaia, Inc. (GAIA) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DG and GAIA?
Over the past 3 years, DG and GAIA moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.19 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -407.1 %².
Among the 32 assets we track against DG, GAIA ranks #23 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DG outperformed by 87.1 percentage points (+15.5% for DG against -71.6% for GAIA).
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 GAIA: side by side
| DG (Dollar General) | GAIA (Gaia, Inc.) | |
|---|---|---|
| 1-year return | +15.5% | -71.6% |
| 5-year return | -39.3% | -83.8% |
| Volatility (ann.) | 38.5% | 55.6% |
| Beta vs S&P 500 | 0.11 | 0.80 |
| Max drawdown (3Y) | -56.6% | -81.3% |
| Market cap | $27.8B | – |
| P/E (trailing) | 17.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | DG | GAIA |
|---|---|---|
| 2022 | +5.6% | -72.2% |
| 2023 | -44.1% | +13.4% |
| 2024 | -43.1% | +66.3% |
| 2025 | +79.6% | -19.2% |
| 2026 | -3.8% | -56.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DG and GAIA good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between DG and GAIA?
The DG/GAIA correlation stands at -0.19 on a 3-year window (1 year: 0.04, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is GAIA a good diversifier for DG?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/dg-vs-gaia.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dg-vs-gaia/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DG correlations · GAIA correlations
