DLTR vs TRT: Correlation
How closely do Dollar Tree (DLTR) and Trio-Tech International (TRT) trade together? Their weekly returns over three years give a correlation of -0.18, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLTR and TRT?
On 3 years of weekly data the DLTR/TRT correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.18 over 3. The 5-year figure is 0.02, and annualized covariance runs at -700.4 %².
Within DLTR's tracked universe of 32 assets, TRT comes in at #25 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 283.0 percentage points (+12.5% for DLTR against +295.5% for TRT). Risk is not evenly split, since TRT carries 2.9 times the volatility of the other side.
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 TRT: side by side
| DLTR (Dollar Tree) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +12.5% | +295.5% |
| 5-year return | +39.7% | +365.8% |
| Volatility (ann.) | 37.3% | 107.4% |
| Beta vs S&P 500 | 0.70 | 0.18 |
| Max drawdown (3Y) | -59.2% | -54.6% |
| Market cap | $23.8B | – |
| P/E (trailing) | 21.2 | 209.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | DLTR | TRT |
|---|---|---|
| 2022 | +0.7% | -66.5% |
| 2023 | +0.4% | +12.7% |
| 2024 | -47.2% | +14.6% |
| 2025 | +64.1% | +127.9% |
| 2026 | +3.2% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLTR and TRT good diversifiers for each other?
Yes. With a correlation of -0.18, DLTR and TRT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DLTR and TRT?
The DLTR/TRT correlation stands at -0.18 on a 3-year window (1 year: -0.19, 5 years: 0.02), computed from weekly returns as of 2026-08-27.
Is TRT a good diversifier for DLTR?
Yes. With a correlation of -0.18, DLTR and TRT 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-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dltr-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DLTR correlations · TRT correlations
