SBUX vs YUM: Correlation
Starbucks (SBUX) and Yum! Brands (YUM) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SBUX and YUM?
Across a 3-year window, the weekly returns of SBUX and YUM correlate at 0.35, moderate. Little has changed lately, as the 1-year reading of 0.38 lands near the 3-year figure. Stretching to 5 years gives 0.45, with an annualized covariance of 252.0 %².
Within SBUX's tracked universe of 38 assets, YUM comes in at #22 by 3-year correlation. The last year tells two different stories: SBUX led by 19.8 percentage points, +25.5% for SBUX against +5.7% for YUM. The relationship is regime-dependent: the rolling one-year correlation swung between 0.25 and 0.77 over the past three years, so this pair behaves very differently depending on the market environment. Risk is not evenly split, since SBUX carries 1.6 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.
SBUX vs YUM: side by side
| SBUX (Starbucks) | YUM (Yum! Brands) | |
|---|---|---|
| 1-year return | +25.5% | +5.7% |
| 5-year return | +4.5% | +26.2% |
| Volatility (ann.) | 34.2% | 21.3% |
| Beta vs S&P 500 | 1.10 | 0.34 |
| Max drawdown (3Y) | -32.0% | -14.5% |
| Market cap | $122.3B | $41.1B |
| P/E (trailing) | 62.7 | 19.0 |
| Dividend yield | 2.29% | 0.95% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | SBUX | YUM |
|---|---|---|
| 2022 | -13.2% | -6.0% |
| 2023 | -1.2% | +3.9% |
| 2024 | -2.5% | +4.7% |
| 2025 | -5.3% | +14.9% |
| 2026 | +29.7% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SBUX and YUM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SBUX and YUM?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.38 over the last year and 0.45 over 5 years.
Is YUM a good diversifier for SBUX?
Yes, to a useful degree: a correlation of 0.35 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/sbux-vs-yum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sbux-vs-yum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SBUX correlations · YUM correlations
