DLTR vs HAPN: Correlation
Dollar Tree (DLTR) and Happen, Inc. (HAPN) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLTR and HAPN?
Across a 3-year window, the weekly returns of DLTR and HAPN correlate at 0.39, moderate. The link has tightened recently: the 1-year correlation (0.60) runs above the 3-year figure (0.39). Stretching to 5 years gives 0.32, with an annualized covariance of 756.7 %².
Among the 32 assets we track against DLTR, HAPN ranks #15 by 3-year correlation. Twelve-month performance is nearly a tie, at +12.5% for DLTR and +9.7% for HAPN.
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.
DLTR vs HAPN: side by side
| DLTR (Dollar Tree) | HAPN (Happen, Inc.) | |
|---|---|---|
| 1-year return | +12.5% | +9.7% |
| 5-year return | +39.7% | -35.2% |
| Volatility (ann.) | 37.3% | 51.5% |
| Beta vs S&P 500 | 0.70 | 1.56 |
| Max drawdown (3Y) | -59.2% | -52.2% |
| Market cap | $23.8B | $2.1B |
| P/E (trailing) | 21.2 | 11.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | DLTR | HAPN |
|---|---|---|
| 2022 | +0.7% | -63.6% |
| 2023 | +0.4% | -0.7% |
| 2024 | -47.2% | +85.2% |
| 2025 | +64.1% | +17.0% |
| 2026 | +3.2% | -2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLTR and HAPN good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DLTR and HAPN?
As of 2026-08-27, the correlation of weekly returns between DLTR and HAPN is 0.39 over 3 years, 0.60 over 1 year and 0.32 over 5 years.
Is HAPN a good diversifier for DLTR?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/dltr-vs-hapn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dltr-vs-hapn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DLTR correlations · HAPN correlations
