NRT vs SBUX: Correlation
Measured on weekly returns over the past three years, North European Oil Royality Trust (NRT) and Starbucks (SBUX) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NRT and SBUX?
On 3 years of weekly data the NRT/SBUX correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.02) runs above the 3-year figure (-0.19). The 5-year figure is -0.10, and annualized covariance runs at -335.7 %².
By 3-year correlation, SBUX places #22 of the 62 assets tracked against NRT. The last year tells two different stories: NRT led by 59.7 percentage points, +85.2% for NRT against +25.5% for SBUX. Risk is not evenly split, since NRT carries 1.5 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.
NRT vs SBUX: side by side
| NRT (North European Oil Royality Trust) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | +85.2% | +25.5% |
| 5-year return | +131.5% | +4.5% |
| Volatility (ann.) | 51.6% | 34.2% |
| Beta vs S&P 500 | -0.42 | 1.10 |
| Max drawdown (3Y) | -66.1% | -32.0% |
| Market cap | $0.1B | $122.3B |
| P/E (trailing) | 8.4 | 62.7 |
| Dividend yield | 11.95% | 2.29% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | NRT | SBUX |
|---|---|---|
| 2022 | +41.9% | -13.2% |
| 2023 | -46.5% | -1.2% |
| 2024 | -25.3% | -2.5% |
| 2025 | +88.4% | -5.3% |
| 2026 | +41.9% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NRT and SBUX good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between NRT and SBUX?
Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.02 over the last year and -0.10 over 5 years.
Is SBUX a good diversifier for NRT?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/nrt-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nrt-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NRT correlations · SBUX correlations
