GNLN vs SBUX: Correlation
How closely do Greenlane Holdings, Inc. (GNLN) and Starbucks (SBUX) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNLN and SBUX?
Across a 3-year window, the weekly returns of GNLN and SBUX correlate at 0.45, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.45). Stretching to 5 years gives 0.38, with an annualized covariance of 3558.3 %².
Within GNLN's tracked universe of 13 assets, SBUX comes in at #4 by 3-year correlation. The last year tells two different stories: SBUX led by 114.7 percentage points, -89.2% for GNLN against +25.5% for SBUX. One caveat on sizing: GNLN is 6.8 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.
GNLN vs SBUX: side by side
| GNLN (Greenlane Holdings, Inc.) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | -89.2% | +25.5% |
| 5-year return | -100.0% | +4.5% |
| Volatility (ann.) | 231.5% | 34.2% |
| Beta vs S&P 500 | 2.48 | 1.10 |
| Max drawdown (3Y) | -100.0% | -32.0% |
| Market cap | – | $122.3B |
| P/E (trailing) | 0.3 | 62.7 |
| Dividend yield | 0.00% | 2.29% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | GNLN | SBUX |
|---|---|---|
| 2022 | -98.5% | -13.2% |
| 2023 | -82.0% | -1.2% |
| 2024 | -71.0% | -2.5% |
| 2025 | -99.9% | -5.3% |
| 2026 | -77.9% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNLN and SBUX good diversifiers for each other?
Reasonably. At 0.45, GNLN and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GNLN and SBUX?
As of 2026-08-27, the correlation of weekly returns between GNLN and SBUX is 0.45 over 3 years, 0.25 over 1 year and 0.38 over 5 years.
Is SBUX a good diversifier for GNLN?
Reasonably. At 0.45, GNLN and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
A reading of 0.45 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gnln-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gnln-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GNLN correlations · SBUX correlations
