SBUX vs SUPX: Correlation
Starbucks (SBUX) and SuperX AI Technology Limited (SUPX) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SBUX and SUPX?
Over the past 3 years, SBUX and SUPX moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.18 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -759.1 %².
By 3-year correlation, SUPX places #31 of the 38 assets tracked against SBUX. The last year tells two different stories: SBUX led by 102.5 percentage points, +25.5% for SBUX against -77.0% for SUPX. Note the risk asymmetry: SUPX runs 3.4 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.
SBUX vs SUPX: side by side
| SBUX (Starbucks) | SUPX (SuperX AI Technology Limited) | |
|---|---|---|
| 1-year return | +25.5% | -77.0% |
| 5-year return | +4.5% | n/a |
| Volatility (ann.) | 34.2% | 115.6% |
| Beta vs S&P 500 | 1.10 | 0.01 |
| Max drawdown (3Y) | -32.0% | -92.3% |
| Market cap | $122.3B | $0.4B |
| P/E (trailing) | 62.7 | – |
| Dividend yield | 2.29% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | SBUX | SUPX |
|---|---|---|
| 2022 | -13.2% | – |
| 2023 | -1.2% | – |
| 2024 | -2.5% | – |
| 2025 | -5.3% | +318.1% |
| 2026 | +29.7% | -37.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SBUX and SUPX good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SBUX and SUPX?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.06 over the last year and n/a over 5 years.
Is SUPX a good diversifier for SBUX?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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/sbux-vs-supx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sbux-vs-supx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SBUX correlations · SUPX correlations
