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
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 500 | 1.06 | 0.69 |
| Max drawdown (3Y) | -33.4% | -99.6% |
| Market cap | $4,591.0B | – |
| P/E (trailing) | 36.1 | – |
| Dividend yield | 0.33% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AAPL | CPOP |
|---|---|---|
| 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aapl-vs-cpop.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aapl-vs-cpop/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AAPL correlations · CPOP correlations