Starbucks Corp (SBUX) — Stock Correlations & Overview
Over the past year, SBUX has moved most closely with PSCD, RSPD, CAPE. Explore the stocks most correlated and inversely correlated with SBUX below, along with its price, financials, and company profile.
Stocks correlated with SBUX
Correlation of daily returns. Higher positive values move with SBUX; negative values move opposite it. Informational only, not investment advice.
Most correlated with SBUX
| Symbol | Company | Correlation |
|---|---|---|
| PSCD | Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE | 0.47 |
| RSPD | Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 0.45 |
| CAPE | DoubleLine Shiller CAPE U.S. Equities ETF | 0.44 |
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 0.43 |
| XRT | State Street SPDR S&P Retail ETF | 0.43 |
Frequently asked questions about SBUX correlations
- Which stocks are most correlated with SBUX?
- Based on one year of daily returns, the stocks most correlated with Starbucks Corp (SBUX) are PSCD (0.47), RSPD (0.45) and CAPE (0.44). 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 SBUX?
- Over the past year, the stocks most inversely correlated with Starbucks Corp (SBUX) are EMTY (-0.41), SBB (-0.37) and SDD (-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 SBUX correlations calculated?
- We compute the correlation of daily returns between SBUX 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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