GDV vs SBUX: Correlation
How closely do Gabelli Dividend & Income Trust (GDV) and Starbucks (SBUX) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDV and SBUX?
Over the past 3 years, GDV and SBUX moved with a correlation of 0.47, which is moderate. Recent behaviour matches the longer record: 0.43 over 1 year against 0.47 over 3. Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 242.9 %².
Within GDV's tracked universe of 71 assets, SBUX comes in at #60 by 3-year correlation. The trailing year gives SBUX the advantage: +20.3% versus +25.5%, a 5.2-point spread. Risk is not evenly split, since SBUX carries 2.3 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.
GDV vs SBUX: side by side
| GDV (Gabelli Dividend & Income Trust) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | +20.3% | +25.5% |
| 5-year return | +53.8% | +4.5% |
| Volatility (ann.) | 15.0% | 34.2% |
| Beta vs S&P 500 | 0.90 | 1.10 |
| Max drawdown (3Y) | -16.1% | -32.0% |
| Market cap | $2.7B | $122.3B |
| P/E (trailing) | 6.3 | 62.7 |
| Dividend yield | 5.51% | 2.29% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | GDV | SBUX |
|---|---|---|
| 2022 | -18.6% | -13.2% |
| 2023 | +11.9% | -1.2% |
| 2024 | +18.1% | -2.5% |
| 2025 | +22.8% | -5.3% |
| 2026 | +13.8% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDV and SBUX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GDV and SBUX?
The GDV/SBUX correlation stands at 0.47 on a 3-year window (1 year: 0.43, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is SBUX a good diversifier for GDV?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gdv-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gdv-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GDV correlations · SBUX correlations
