DLTR vs TISI: Correlation
Dollar Tree (DLTR) and Team, Inc. (TISI) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLTR and TISI?
On 3 years of weekly data the DLTR/TISI correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.11) sits close to the 3-year figure. The 5-year figure is -0.03, and annualized covariance runs at -478.4 %².
By 3-year correlation, TISI places #24 of the 32 assets tracked against DLTR. The trailing year gives TISI the advantage: +12.5% versus +23.0%, a 10.5-point spread. Note the risk asymmetry: TISI runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 TISI: side by side
| DLTR (Dollar Tree) | TISI (Team, Inc.) | |
|---|---|---|
| 1-year return | +12.5% | +23.0% |
| 5-year return | +39.7% | -43.8% |
| Volatility (ann.) | 37.3% | 70.2% |
| Beta vs S&P 500 | 0.70 | 0.22 |
| Max drawdown (3Y) | -59.2% | -50.0% |
| Market cap | $23.8B | $0.1B |
| P/E (trailing) | 21.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | DLTR | TISI |
|---|---|---|
| 2022 | +0.7% | -51.8% |
| 2023 | +0.4% | +25.7% |
| 2024 | -47.2% | +92.1% |
| 2025 | +64.1% | +11.4% |
| 2026 | +3.2% | +69.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLTR and TISI good diversifiers for each other?
Yes. With a correlation of -0.18, DLTR and TISI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DLTR and TISI?
The DLTR/TISI correlation stands at -0.18 on a 3-year window (1 year: -0.11, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is TISI a good diversifier for DLTR?
Yes. With a correlation of -0.18, DLTR and TISI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 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/dltr-vs-tisi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/dltr-vs-tisi/)
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Related comparisons
Hubs: DLTR correlations · TISI correlations
