APO vs SF: Correlation
Apollo Global Management (APO) and Stifel Financial Corporation (SF) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APO and SF?
Over the past 3 years, APO and SF moved with a correlation of 0.72, which is strong. Recent behaviour matches the longer record: 0.63 over 1 year against 0.72 over 3. Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 720.7 %².
By 3-year correlation, SF places #4 of the 33 assets tracked against APO. Over the last 12 months SF came out ahead by 6.1 percentage points (-0.1% against +6.0%).
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.
APO vs SF: side by side
| APO (Apollo Global Management) | SF (Stifel Financial Corporation) | |
|---|---|---|
| 1-year return | -0.1% | +6.0% |
| 5-year return | +149.7% | +92.0% |
| Volatility (ann.) | 36.8% | 27.2% |
| Beta vs S&P 500 | 1.62 | 1.23 |
| Max drawdown (3Y) | -42.8% | -34.7% |
| Market cap | $78.8B | $12.2B |
| P/E (trailing) | 47.5 | 14.4 |
| Dividend yield | 1.60% | 1.59% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | APO | SF |
|---|---|---|
| 2022 | -9.6% | -15.6% |
| 2023 | +49.4% | +21.2% |
| 2024 | +79.9% | +56.4% |
| 2025 | -11.1% | +20.1% |
| 2026 | -6.7% | -2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APO and SF good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between APO and SF?
The APO/SF correlation stands at 0.72 on a 3-year window (1 year: 0.63, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is SF a good diversifier for APO?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/apo-vs-sf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/apo-vs-sf/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APO correlations · SF correlations
