QQQ vs SBUX: Correlation
Invesco QQQ Trust (QQQ) and Starbucks (SBUX) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QQQ and SBUX?
Over the past 3 years, QQQ and SBUX moved with a correlation of 0.40, which is moderate. The past 12 months show a weaker link (0.24) than the 3-year average (0.40). Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 266.7 %².
Among the 4755 assets we track against QQQ, SBUX ranks #638 by 3-year correlation. Their 12-month results are close: +26.3% for QQQ against +25.5% for SBUX. The rolling one-year correlation moved between 0.23 and 0.58 over the past three years, a moderate range. Note the risk asymmetry: SBUX runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
QQQ vs SBUX: side by side
| QQQ (Invesco QQQ Trust) | SBUX (Starbucks) | |
|---|---|---|
| 1-year return | +26.3% | +25.5% |
| 5-year return | +95.4% | +4.5% |
| Volatility (ann.) | 19.6% | 34.2% |
| Beta vs S&P 500 | 1.28 | 1.10 |
| Max drawdown (3Y) | -22.8% | -32.0% |
| Market cap | – | $122.3B |
| P/E (trailing) | – | 62.7 |
| Dividend yield | 0.44% | 2.29% |
| Expense ratio | 0.18% | – |
| Assets under management | $452.8B | – |
| Sector / category | ETF · US Growth & Tech | Consumer Discretionary |
On the fund side, QQQ sits in the Large Growth category at Invesco, with $452.8B under management, 104 holdings, a 0.18% expense ratio, a 0.44% trailing dividend yield.
Year-by-year returns
| Year | QQQ | SBUX |
|---|---|---|
| 2022 | -32.6% | -13.2% |
| 2023 | +54.9% | -1.2% |
| 2024 | +25.6% | -2.5% |
| 2025 | +20.8% | -5.3% |
| 2026 | +17.7% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
SBUX represents 0.55% of QQQ's portfolio, so part of any move in QQQ is SBUX itself, and the correlation between them is partly mechanical.
Are QQQ and SBUX good diversifiers for each other?
Reasonably. At 0.40, QQQ and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QQQ and SBUX?
The QQQ/SBUX correlation stands at 0.40 on a 3-year window (1 year: 0.24, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is SBUX a good diversifier for QQQ?
Reasonably. At 0.40, QQQ and SBUX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/qqq-vs-sbux.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/qqq-vs-sbux/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: QQQ correlations · SBUX correlations
