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AAP correlations (Advance Auto Parts Inc.)

Which assets move with AAP and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
57.4%
3y weekly
Beta vs S&P 500
0.80
3y weekly
1-year return
-26.7%
price, adjusted
5-year return
-75.5%
price, adjusted
P/E ratio
24.7
trailing
Dividend yield
2.27%
trailing
Max drawdown
-64.2%
3y, daily closes
-35%0%+4%2025-09-052026-08-27
AAP over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with AAP

AssetCorrelation (3Y)
AZOAutoZone0.41
CHAICore AI Holdings, Inc.0.39
GPCGenuine Parts Company0.38
CWHCamping World Holdings, Inc.0.37
DOUGDouglas Elliman Inc.0.37

Best diversifiers for AAP

These are the assets whose returns had the least to do with AAP's, historically the most independent picks in our universe.

AssetCorrelation (3Y)
RFAIRF Acquisition Corp II-0.28
HLPHongli Group Inc. - Class A-0.22
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.21

AAP vs benchmarks

AAP vs SPY 0.20 AAP vs QQQ 0.18

Get AAP data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/aap.json

Correlations, diversifiers, beta and volatility for AAP, plus one endpoint per pair. API documentation.

AAP inside major ETFs

ETFAAP weight
IWMiShares Russell 2000 ETF0.08%