APLM vs CDLX: Correlation
Measured on weekly returns over the past three years, Apollomics Inc. - Class A (APLM) and Cardlytics, Inc. (CDLX) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APLM and CDLX?
Across a 3-year window, the weekly returns of APLM and CDLX correlate at 0.35, moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.35). Stretching to 5 years gives 0.24, with an annualized covariance of 7567.1 %².
Among the 12 assets we track against APLM, CDLX ranks #5 by 3-year correlation. The last year tells two different stories: APLM led by 383.3 percentage points, +322.2% for APLM against -61.1% for CDLX.
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.
APLM vs CDLX: side by side
| APLM (Apollomics Inc. - Class A) | CDLX (Cardlytics, Inc.) | |
|---|---|---|
| 1-year return | +322.2% | -61.1% |
| 5-year return | -97.3% | -99.6% |
| Volatility (ann.) | 159.8% | 134.2% |
| Beta vs S&P 500 | 0.72 | 2.27 |
| Max drawdown (3Y) | -99.2% | -98.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | APLM | CDLX |
|---|---|---|
| 2022 | +4.3% | -91.3% |
| 2023 | -90.7% | +59.3% |
| 2024 | -89.9% | -59.7% |
| 2025 | +91.7% | -69.0% |
| 2026 | +40.7% | -65.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APLM and CDLX good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between APLM and CDLX?
As of 2026-08-27, the correlation of weekly returns between APLM and CDLX is 0.35 over 3 years, 0.63 over 1 year and 0.24 over 5 years.
Is CDLX a good diversifier for APLM?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 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
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Related comparisons
Hubs: APLM correlations · CDLX correlations
