AFRM vs XYZ: Correlation
Affirm Holdings, Inc. (AFRM) and Block, Inc. (XYZ) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFRM and XYZ?
On 3 years of weekly data the AFRM/XYZ correlation comes out at 0.54, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 2022.1 %².
By 3-year correlation, XYZ places #6 of the 17 assets tracked against AFRM. The trailing year gives XYZ the advantage: -0.1% versus +6.9%, a 7.0-point spread.
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 XYZ: side by side
| AFRM (Affirm Holdings, Inc.) | XYZ (Block, Inc.) | |
|---|---|---|
| 1-year return | -0.1% | +6.9% |
| 5-year return | -22.2% | -68.8% |
| Volatility (ann.) | 75.0% | 50.2% |
| Beta vs S&P 500 | 2.77 | 1.80 |
| Max drawdown (3Y) | -55.9% | -53.0% |
| Market cap | $26.0B | $51.0B |
| P/E (trailing) | 69.2 | 151.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AFRM | XYZ |
|---|---|---|
| 2022 | -90.4% | -61.1% |
| 2023 | +408.2% | +23.1% |
| 2024 | +23.9% | +9.9% |
| 2025 | +22.2% | -23.4% |
| 2026 | +4.1% | +30.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFRM and XYZ good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AFRM and XYZ?
As of 2026-08-27, the correlation of weekly returns between AFRM and XYZ is 0.54 over 3 years, 0.58 over 1 year and 0.59 over 5 years.
Is XYZ a good diversifier for AFRM?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 mean?
A reading of 0.54 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/afrm-vs-xyz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/afrm-vs-xyz/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AFRM correlations · XYZ correlations
