DIS vs XLY: Correlation
Walt Disney Company (The) (DIS) and Consumer Discretionary Select Sector SPDR Fund (XLY) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIS and XLY?
Across a 3-year window, the weekly returns of DIS and XLY correlate at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 297.2 %².
In DIS's tracked universe of 37 assets, XLY sits right near the top at #1. The trailing year gives XLY the advantage: -8.2% versus -0.1%, a 8.1-point spread. Across three years, the rolling one-year figure varied moderately, from 0.29 to 0.67.
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.
DIS vs XLY: side by side
| DIS (Walt Disney Company (The)) | XLY (Consumer Discretionary Select Sector SPDR Fund) | |
|---|---|---|
| 1-year return | -8.2% | -0.1% |
| 5-year return | -38.8% | +31.8% |
| Volatility (ann.) | 27.7% | 19.7% |
| Beta vs S&P 500 | 0.96 | 1.15 |
| Max drawdown (3Y) | -32.9% | -26.0% |
| Market cap | $184.4B | – |
| P/E (trailing) | 22.6 | – |
| Dividend yield | 1.37% | 0.78% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $22.5B |
| Sector / category | Communication Services | Sector ETF |
XLY is a Consumer Cyclical fund from State Street Investment Management: $22.5B under management, 47 holdings, a 0.08% expense ratio, a 0.78% trailing dividend yield.
Year-by-year returns
| Year | DIS | XLY |
|---|---|---|
| 2022 | -43.9% | -36.3% |
| 2023 | +4.3% | +39.6% |
| 2024 | +24.4% | +26.5% |
| 2025 | +3.3% | +7.4% |
| 2026 | -5.4% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIS and XLY good diversifiers for each other?
Only partially. A correlation of 0.55 means DIS and XLY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DIS and XLY?
As of 2026-08-27, the correlation of weekly returns between DIS and XLY is 0.55 over 3 years, 0.64 over 1 year and 0.62 over 5 years.
Is XLY a good diversifier for DIS?
Only partially. A correlation of 0.55 means DIS and XLY share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
A reading of 0.55 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/dis-vs-xly.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dis-vs-xly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DIS correlations · XLY correlations
