Dollar Tree Inc. (DLTR) — Stock Correlations & Overview
Over the past year, DLTR has moved most closely with DG, XRT, RETL. Explore the stocks most correlated and inversely correlated with DLTR below, along with its price, financials, and company profile.
Stocks correlated with DLTR
Correlation of daily returns. Higher positive values move with DLTR; negative values move opposite it. Informational only, not investment advice.
Most correlated with DLTR
| Symbol | Company | Correlation |
|---|---|---|
| DG | Dollar General Corp.RETAIL-VARIETY STORES | 0.63 |
| XRT | State Street SPDR S&P Retail ETF | 0.58 |
| RETL | Direxion Daily Retail Bull 3X ETF | 0.57 |
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 0.53 |
| RSPD | Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 0.52 |
Most inversely correlated with DLTR
| Symbol | Company | Correlation |
|---|---|---|
| EMTY | ProShares Decline of the Retail Store ETF | -0.64 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.40 |
| SZK | ProShares UltraShort Consumer Staples | -0.37 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.37 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.36 |
Frequently asked questions about DLTR correlations
- Which stocks are most correlated with DLTR?
- Based on one year of daily returns, the stocks most correlated with Dollar Tree Inc. (DLTR) are DG (0.63), XRT (0.58) and RETL (0.57). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with DLTR?
- Over the past year, the stocks most inversely correlated with Dollar Tree Inc. (DLTR) are EMTY (-0.64), FLYD (-0.40) and SZK (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these DLTR correlations calculated?
- We compute the correlation of daily returns between DLTR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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