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AAPL vs CPOP: Correlation

How closely do Apple Inc. (AAPL) and Pop Culture Group Co., Ltd - Class A (CPOP) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.10
last 12 months
Correlation (5Y)
-0.07
long-run
Ann. covariance
-666.7
%² · weekly, annualized

How correlated are AAPL and CPOP?

Over the past 3 years, AAPL and CPOP moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.10 lands near the 3-year figure. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -666.7 %².

Among the 32 assets we track against AAPL, CPOP ranks #23 by 3-year correlation. The last year tells two different stories: AAPL led by 134.0 percentage points, +37.0% for AAPL against -97.0% for CPOP. Note the risk asymmetry: CPOP runs 4.8 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.

AAPL vs CPOP: side by side

AAPL (Apple Inc.)CPOP (Pop Culture Group Co., Ltd - Class A)
1-year return+37.0%-97.0%
5-year return+110.6%-99.9%
Volatility (ann.)27.2%129.2%
Beta vs S&P 5001.060.69
Max drawdown (3Y)-33.4%-99.6%
Market cap$4,591.0B
P/E (trailing)36.1
Dividend yield0.33%0.00%
Sector / categoryInformation TechnologyUS Listed
Higher yield: AAPL 0.33% vs 0.00%Smaller drawdown: AAPL -33.4% vs -99.6%Higher 5y return: AAPL +110.6% vs -99.9%
-97%0%+40%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AAPL · CPOP

Year-by-year returns

YearAAPLCPOP
2022-26.4%-78.5%
2023+49.0%-86.3%
2024+30.7%+9.3%
2025+9.1%-64.1%
2026+16.0%-91.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AAPL and CPOP good diversifiers for each other?

Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between AAPL and CPOP?

As of 2026-08-27, the correlation of weekly returns between AAPL and CPOP is -0.19 over 3 years, -0.10 over 1 year and -0.07 over 5 years.

Is CPOP a good diversifier for AAPL?

Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.19 mean?

A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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AAPL vs CPOP: 3-year weekly correlation -0.19AAPL vs CPOP-0.19

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Hubs: AAPL correlations · CPOP correlations