AXP vs SF: Correlation
How closely do American Express (AXP) and Stifel Financial Corporation (SF) trade together? Their weekly returns over three years give a correlation of 0.71, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXP and SF?
On 3 years of weekly data the AXP/SF correlation comes out at 0.71, strong. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. The 5-year figure is 0.75, and annualized covariance runs at 513.0 %².
Among the 35 assets we track against AXP, SF ranks #9 by 3-year correlation. Their 12-month results are close: +4.7% for AXP against +6.0% for SF.
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.
AXP vs SF: side by side
| AXP (American Express) | SF (Stifel Financial Corporation) | |
|---|---|---|
| 1-year return | +4.7% | +6.0% |
| 5-year return | +116.2% | +92.0% |
| Volatility (ann.) | 26.6% | 27.2% |
| Beta vs S&P 500 | 1.20 | 1.23 |
| Max drawdown (3Y) | -28.8% | -34.7% |
| Market cap | $225.7B | $12.2B |
| P/E (trailing) | 20.4 | 14.4 |
| Dividend yield | 1.05% | 1.59% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AXP | SF |
|---|---|---|
| 2022 | -8.5% | -15.6% |
| 2023 | +28.7% | +21.2% |
| 2024 | +60.3% | +56.4% |
| 2025 | +26.0% | +20.1% |
| 2026 | -8.9% | -2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXP and SF good diversifiers for each other?
To a limited degree. At 0.71 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 AXP and SF?
As of 2026-08-27, the correlation of weekly returns between AXP and SF is 0.71 over 3 years, 0.62 over 1 year and 0.75 over 5 years.
Is SF a good diversifier for AXP?
To a limited degree. At 0.71 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 0.71 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/axp-vs-sf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/axp-vs-sf/)
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Related comparisons
Hubs: AXP correlations · SF correlations
