GPRE vs LYB: Correlation
Measured on weekly returns over the past three years, Green Plains, Inc. (GPRE) and LyondellBasell (LYB) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRE and LYB?
On 3 years of weekly data the GPRE/LYB correlation comes out at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.50 over 3 years. The 5-year figure is 0.51, and annualized covariance runs at 1055.5 %².
LYB is one of the assets that tracks GPRE most closely: it ranks #3 out of the 12 assets we track against GPRE. The last year tells two different stories: GPRE led by 22.0 percentage points, +41.1% for GPRE against +19.1% for LYB. Risk is not evenly split, since GPRE carries 1.9 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.
GPRE vs LYB: side by side
| GPRE (Green Plains, Inc.) | LYB (LyondellBasell) | |
|---|---|---|
| 1-year return | +41.1% | +19.1% |
| 5-year return | -58.5% | -12.8% |
| Volatility (ann.) | 62.5% | 33.7% |
| Beta vs S&P 500 | 0.65 | 0.42 |
| Max drawdown (3Y) | -90.3% | -55.4% |
| Market cap | $1.0B | $20.4B |
| P/E (trailing) | 8.9 | – |
| Dividend yield | 0.00% | 6.58% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | GPRE | LYB |
|---|---|---|
| 2022 | -12.3% | -1.0% |
| 2023 | -17.3% | +20.7% |
| 2024 | -62.4% | -17.4% |
| 2025 | +3.4% | -36.0% |
| 2026 | +43.3% | +50.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRE and LYB good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GPRE and LYB?
As of 2026-08-27, the correlation of weekly returns between GPRE and LYB is 0.50 over 3 years, 0.62 over 1 year and 0.51 over 5 years.
Is LYB a good diversifier for GPRE?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/gpre-vs-lyb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gpre-vs-lyb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GPRE correlations · LYB correlations
