DG vs SJM: Correlation
How closely do Dollar General (DG) and J.M. Smucker Company (The) (SJM) trade together? Their weekly returns over three years give a correlation of 0.23, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DG and SJM?
Over the past 3 years, DG and SJM moved with a correlation of 0.23, which is weak. Recent behaviour matches the longer record: 0.31 over 1 year against 0.23 over 3. Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 234.8 %².
Within DG's tracked universe of 32 assets, SJM comes in at #18 by 3-year correlation. On 12-month performance SJM holds a 14.4-point edge, +15.5% against +29.9%. Across three years, the rolling one-year figure varied moderately, from -0.01 to 0.37.
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 SJM: side by side
| DG (Dollar General) | SJM (J.M. Smucker Company (The)) | |
|---|---|---|
| 1-year return | +15.5% | +29.9% |
| 5-year return | -39.3% | +28.2% |
| Volatility (ann.) | 38.5% | 26.0% |
| Beta vs S&P 500 | 0.11 | 0.21 |
| Max drawdown (3Y) | -56.6% | -32.5% |
| Market cap | $27.8B | $14.1B |
| P/E (trailing) | 17.4 | 61.3 |
| Dividend yield | 0.00% | 3.38% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | DG | SJM |
|---|---|---|
| 2022 | +5.6% | +20.1% |
| 2023 | -44.1% | -17.8% |
| 2024 | -43.1% | -9.6% |
| 2025 | +79.6% | -7.6% |
| 2026 | -3.8% | +38.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DG and SJM good diversifiers for each other?
A fair diversifier. At 0.23, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DG and SJM?
As of 2026-08-27, the correlation of weekly returns between DG and SJM is 0.23 over 3 years, 0.31 over 1 year and 0.25 over 5 years.
Is SJM a good diversifier for DG?
A fair diversifier. At 0.23, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.23 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/dg-vs-sjm.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dg-vs-sjm/)
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Related comparisons
Hubs: DG correlations · SJM correlations
