IVV vs SBUX: Correlation
iShares Core S&P 500 ETF (IVV) and Starbucks (SBUX) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVV and SBUX?
Across a 3-year window, the weekly returns of IVV and SBUX correlate at 0.46, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.31 versus 0.46 over 3 years. Stretching to 5 years gives 0.51, with an annualized covariance of 229.5 %².
Within IVV's tracked universe of 122 assets, SBUX comes in at #101 by 3-year correlation. Twelve-month performance is nearly a tie, at +20.7% for IVV and +25.5% for SBUX. On a rolling one-year basis the correlation drifted between 0.30 and 0.69, a moderate band. Risk is not evenly split, since SBUX carries 2.4 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.
IVV vs SBUX: side by side
| IVV (iShares Core S&P 500 ETF) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | +20.7% | +25.5% |
| 5-year return | +83.0% | +4.5% |
| Volatility (ann.) | 14.5% | 34.2% |
| Beta vs S&P 500 | 1.00 | 1.10 |
| Max drawdown (3Y) | -18.8% | -32.0% |
| Market cap | – | $122.3B |
| P/E (trailing) | – | 62.7 |
| Dividend yield | 1.09% | 2.29% |
| Expense ratio | 0.03% | – |
| Assets under management | $869.2B | – |
| Sector / category | ETF · US Large Cap | Consumer Discretionary |
IVV is a Large Blend fund from iShares: $869.2B under management, 503 holdings, a 0.03% expense ratio, a 1.09% trailing dividend yield.
Year-by-year returns
| Year | IVV | SBUX |
|---|---|---|
| 2022 | -18.2% | -13.2% |
| 2023 | +26.3% | -1.2% |
| 2024 | +24.9% | -2.5% |
| 2025 | +17.8% | -5.3% |
| 2026 | +13.7% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
SBUX represents 0.19% of IVV's portfolio, so part of any move in IVV is SBUX itself, and the correlation between them is partly mechanical.
Are IVV and SBUX good diversifiers for each other?
Reasonably. At 0.46, IVV and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IVV and SBUX?
The IVV/SBUX correlation stands at 0.46 on a 3-year window (1 year: 0.31, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is SBUX a good diversifier for IVV?
Reasonably. At 0.46, IVV and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/ivv-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ivv-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IVV correlations · SBUX correlations
