DIA vs SBUX: Correlation
Measured on weekly returns over the past three years, SPDR Dow Jones Industrial Average ETF (DIA) and Starbucks (SBUX) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DIA and SBUX?
On 3 years of weekly data the DIA/SBUX correlation comes out at 0.47, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.47 over 3. The 5-year figure is 0.51, and annualized covariance runs at 208.2 %².
Within DIA's tracked universe of 116 assets, SBUX comes in at #93 by 3-year correlation. The trailing year gives SBUX the advantage: +19.2% versus +25.5%, a 6.3-point spread. This link changes with the market regime, having swung between 0.27 and 0.78 on a rolling one-year basis. One caveat on sizing: SBUX is 2.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DIA vs SBUX: side by side
| DIA (SPDR Dow Jones Industrial Average ETF) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | +19.2% | +25.5% |
| 5-year return | +64.8% | +4.5% |
| Volatility (ann.) | 13.0% | 34.2% |
| Beta vs S&P 500 | 0.79 | 1.10 |
| Max drawdown (3Y) | -16.0% | -32.0% |
| Market cap | – | $122.3B |
| P/E (trailing) | – | 62.7 |
| Dividend yield | 1.37% | 2.29% |
| Expense ratio | 0.16% | – |
| Assets under management | $45.2B | – |
| Sector / category | ETF · US Large Cap | Consumer Discretionary |
DIA, State Street Investment Management's Large Value fund, carries $45.2B under management, 30 holdings, a 0.16% expense ratio, a 1.37% trailing dividend yield.
Year-by-year returns
| Year | DIA | SBUX |
|---|---|---|
| 2022 | -7.0% | -13.2% |
| 2023 | +16.0% | -1.2% |
| 2024 | +14.8% | -2.5% |
| 2025 | +14.7% | -5.3% |
| 2026 | +12.3% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DIA and SBUX good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DIA and SBUX?
The DIA/SBUX correlation stands at 0.47 on a 3-year window (1 year: 0.38, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is SBUX a good diversifier for DIA?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dia-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dia-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DIA correlations · SBUX correlations
