FF vs GPRE: Correlation
Measured on weekly returns over the past three years, FutureFuel Corp. (FF) and Green Plains, Inc. (GPRE) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FF and GPRE?
Across a 3-year window, the weekly returns of FF and GPRE correlate at 0.42, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.42 over 3. Stretching to 5 years gives 0.38, with an annualized covariance of 1276.3 %².
By 3-year correlation, GPRE places #4 of the 12 assets tracked against FF. Their 12-month results are close: +38.4% for FF against +41.1% for GPRE.
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.
FF vs GPRE: side by side
| FF (FutureFuel Corp.) | GPRE (Green Plains, Inc.) | |
|---|---|---|
| 1-year return | +38.4% | +41.1% |
| 5-year return | +11.5% | -58.5% |
| Volatility (ann.) | 48.8% | 62.5% |
| Beta vs S&P 500 | 0.88 | 0.65 |
| Max drawdown (3Y) | -47.9% | -90.3% |
| Market cap | $0.2B | $1.0B |
| P/E (trailing) | – | 8.9 |
| Dividend yield | 3.58% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FF | GPRE |
|---|---|---|
| 2022 | +9.9% | -12.3% |
| 2023 | -22.8% | -17.3% |
| 2024 | +31.0% | -62.4% |
| 2025 | -35.8% | +3.4% |
| 2026 | +65.4% | +43.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FF and GPRE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FF and GPRE?
As of 2026-08-27, the correlation of weekly returns between FF and GPRE is 0.42 over 3 years, 0.44 over 1 year and 0.38 over 5 years.
Is GPRE a good diversifier for FF?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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: FF correlations · GPRE correlations
