Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) — Stock Correlations & Overview
Over the past year, AAPY has moved most closely with AAPL, AAPB, AAPX. Explore the stocks most correlated and inversely correlated with AAPY below, along with its price, financials, and company profile.
Stocks correlated with AAPY
Correlation of daily returns. Higher positive values move with AAPY; negative values move opposite it. Informational only, not investment advice.
Most correlated with AAPY
| Symbol | Company | Correlation |
|---|---|---|
| AAPL | Apple Inc.ELECTRONIC COMPUTERS | 0.96 |
| AAPB | GraniteShares ETF Trust GraniteShares 2x Long AAPL Daily ETF | 0.96 |
| AAPX | T-Rex 2X Long Apple Daily Target ETF | 0.96 |
| AAPU | Direxion Shares ETF Trust Direxion Daily AAPL Bull 2X ETF | 0.95 |
| AAPW | Roundhill AAPL WeeklyPay ETF | 0.94 |
Frequently asked questions about AAPY correlations
- Which stocks are most correlated with AAPY?
- Based on one year of daily returns, the stocks most correlated with Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) are AAPL (0.96), AAPB (0.96) and AAPX (0.96). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with AAPY?
- Over the past year, the stocks most inversely correlated with Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) are AAPD (-0.96), QQDN (-0.37) and DXD (-0.35). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these AAPY correlations calculated?
- We compute the correlation of daily returns between AAPY and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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