FICO vs PAPL: Correlation
How closely do Fair Isaac (FICO) and Pineapple Financial Inc. (PAPL) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FICO and PAPL?
Across a 3-year window, the weekly returns of FICO and PAPL correlate at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.01) than the 3-year average (-0.20). Stretching to 5 years gives n/a, with an annualized covariance of -1639.2 %².
Among the 30 assets we track against FICO, PAPL sits near the bottom by co-movement, at rank #27. The last year tells two different stories: FICO led by 52.2 percentage points, -18.5% for FICO against -70.7% for PAPL. One caveat on sizing: PAPL is 4.0 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.
FICO vs PAPL: side by side
| FICO (Fair Isaac) | PAPL (Pineapple Financial Inc.) | |
|---|---|---|
| 1-year return | -18.5% | -70.7% |
| 5-year return | +154.2% | n/a |
| Volatility (ann.) | 45.1% | 181.2% |
| Beta vs S&P 500 | 1.27 | -0.73 |
| Max drawdown (3Y) | -61.3% | -99.4% |
| Market cap | $25.0B | – |
| P/E (trailing) | 32.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | FICO | PAPL |
|---|---|---|
| 2022 | +38.0% | – |
| 2023 | +94.5% | – |
| 2024 | +71.0% | -74.7% |
| 2025 | -15.1% | -84.4% |
| 2026 | -31.6% | -25.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FICO and PAPL good diversifiers for each other?
Yes. With a correlation of -0.20, FICO and PAPL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FICO and PAPL?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with 0.01 over the last year and n/a over 5 years.
Is PAPL a good diversifier for FICO?
Yes. With a correlation of -0.20, FICO and PAPL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/fico-vs-papl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fico-vs-papl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FICO correlations · PAPL correlations
