DG vs WNC: Correlation
Dollar General (DG) and Wabash National Corporation (WNC) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DG and WNC?
Over the past 3 years, DG and WNC moved with a correlation of 0.30, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.30 over 3 years. Over 5 years the correlation is 0.21, and the annualized covariance of weekly returns is 576.4 %².
Among the 32 assets we track against DG, WNC ranks #15 by 3-year correlation. Neither side won the trailing year by much: +15.5% against +19.0%.
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 WNC: side by side
| DG (Dollar General) | WNC (Wabash National Corporation) | |
|---|---|---|
| 1-year return | +15.5% | +19.0% |
| 5-year return | -39.3% | -6.2% |
| Volatility (ann.) | 38.5% | 49.9% |
| Beta vs S&P 500 | 0.11 | 0.70 |
| Max drawdown (3Y) | -56.6% | -76.4% |
| Market cap | $27.8B | $0.5B |
| P/E (trailing) | 17.4 | – |
| Dividend yield | 0.00% | 2.56% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | DG | WNC |
|---|---|---|
| 2022 | +5.6% | +18.2% |
| 2023 | -44.1% | +14.9% |
| 2024 | -43.1% | -32.2% |
| 2025 | +79.6% | -48.1% |
| 2026 | -3.8% | +56.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DG and WNC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DG and WNC?
The DG/WNC correlation stands at 0.30 on a 3-year window (1 year: 0.49, 5 years: 0.21), computed from weekly returns as of 2026-08-27.
Is WNC a good diversifier for DG?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 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-wnc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dg-vs-wnc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DG correlations · WNC correlations
