AFRM vs RDDT: Correlation
Affirm Holdings, Inc. (AFRM) and Reddit (RDDT) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFRM and RDDT?
On 3 years of weekly data the AFRM/RDDT correlation comes out at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 2631.1 %².
Among the 17 assets we track against AFRM, RDDT ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AFRM ahead by 27.0 points (-0.1% versus -27.1%).
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.
AFRM vs RDDT: side by side
| AFRM (Affirm Holdings, Inc.) | RDDT (Reddit) | |
|---|---|---|
| 1-year return | -0.1% | -27.1% |
| 5-year return | -22.2% | n/a |
| Volatility (ann.) | 75.0% | 75.2% |
| Beta vs S&P 500 | 2.77 | 2.59 |
| Max drawdown (3Y) | -55.9% | -61.4% |
| Market cap | $26.0B | $29.6B |
| P/E (trailing) | 69.2 | 36.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | AFRM | RDDT |
|---|---|---|
| 2022 | -90.4% | – |
| 2023 | +408.2% | – |
| 2024 | +23.9% | – |
| 2025 | +22.2% | +40.6% |
| 2026 | +4.1% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFRM and RDDT good diversifiers for each other?
Reasonably. At 0.49, AFRM and RDDT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AFRM and RDDT?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.58 over the last year and n/a over 5 years.
Is RDDT a good diversifier for AFRM?
Reasonably. At 0.49, AFRM and RDDT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/afrm-vs-rddt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/afrm-vs-rddt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AFRM correlations · RDDT correlations
