JILL vs WHLR: Correlation
How closely do J. Jill, Inc. (JILL) and Wheeler Real Estate Investment Trust, Inc. (WHLR) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JILL and WHLR?
Over the past 3 years, JILL and WHLR moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.03 versus -0.27 over 3 years. Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -7103.7 %².
Out of 14 assets tracked against JILL, WHLR lands near the bottom at #12. The last year tells two different stories: JILL led by 118.8 percentage points, +18.8% for JILL against -100.0% for WHLR. Risk is not evenly split, since WHLR carries 11.5 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.
JILL vs WHLR: side by side
| JILL (J. Jill, Inc.) | WHLR (Wheeler Real Estate Investment Trust, Inc.) | |
|---|---|---|
| 1-year return | +18.8% | -100.0% |
| 5-year return | -1.2% | -100.0% |
| Volatility (ann.) | 47.4% | 545.0% |
| Beta vs S&P 500 | 1.17 | -5.84 |
| Max drawdown (3Y) | -71.5% | -100.0% |
| Market cap | $0.3B | – |
| P/E (trailing) | 14.5 | 0.0 |
| Dividend yield | 1.66% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JILL | WHLR |
|---|---|---|
| 2022 | +29.3% | -28.0% |
| 2023 | +4.0% | -98.4% |
| 2024 | +7.9% | -98.4% |
| 2025 | -49.3% | -100.0% |
| 2026 | +46.5% | -99.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JILL and WHLR good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between JILL and WHLR?
As of 2026-08-27, the correlation of weekly returns between JILL and WHLR is -0.27 over 3 years, -0.03 over 1 year and -0.20 over 5 years.
Is WHLR a good diversifier for JILL?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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.
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Related comparisons
Hubs: JILL correlations · WHLR correlations
