APTV vs JBIO: Correlation
Measured on weekly returns over the past three years, Aptiv (APTV) and Jade Biosciences, Inc. (JBIO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and JBIO?
Across a 3-year window, the weekly returns of APTV and JBIO correlate at -0.20, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.20 over 3. Stretching to 5 years gives -0.12, with an annualized covariance of -814.7 %².
JBIO is close to the least connected end of APTV's tracked universe, ranking #29 of 33. Correlation aside, the last 12 months split them widely, with JBIO ahead by 211.0 points (-43.2% versus +167.8%). One caveat on sizing: JBIO is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
APTV vs JBIO: side by side
| APTV (Aptiv) | JBIO (Jade Biosciences, Inc.) | |
|---|---|---|
| 1-year return | -43.2% | +167.8% |
| 5-year return | -70.3% | -96.3% |
| Volatility (ann.) | 37.7% | 106.5% |
| Beta vs S&P 500 | 0.76 | 0.77 |
| Max drawdown (3Y) | -56.5% | -99.4% |
| Market cap | $9.4B | $1.4B |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | APTV | JBIO |
|---|---|---|
| 2022 | -43.5% | +148.5% |
| 2023 | -3.7% | -22.8% |
| 2024 | -32.6% | -88.3% |
| 2025 | +25.8% | -82.9% |
| 2026 | -40.3% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and JBIO good diversifiers for each other?
Yes. With a correlation of -0.20, APTV and JBIO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between APTV and JBIO?
As of 2026-08-27, the correlation of weekly returns between APTV and JBIO is -0.20 over 3 years, -0.28 over 1 year and -0.12 over 5 years.
Is JBIO a good diversifier for APTV?
Yes. With a correlation of -0.20, APTV and JBIO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/aptv-vs-jbio.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aptv-vs-jbio/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: APTV correlations · JBIO correlations
