AAPL vs NXPI: Correlation
Apple Inc. (AAPL) and NXP Semiconductors (NXPI) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AAPL and NXPI?
Over the past 3 years, AAPL and NXPI moved with a correlation of 0.39, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.39 over 3 years. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 427.9 %².
Within AAPL's tracked universe of 32 assets, NXPI comes in at #20 by 3-year correlation. The last year tells two different stories: AAPL led by 40.3 percentage points, +37.0% for AAPL against -3.3% for NXPI. This link changes with the market regime, having swung between 0.12 and 0.70 on a rolling one-year basis.
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.
AAPL vs NXPI: side by side
| AAPL (Apple Inc.) | NXPI (NXP Semiconductors) | |
|---|---|---|
| 1-year return | +37.0% | -3.3% |
| 5-year return | +110.6% | +8.6% |
| Volatility (ann.) | 27.2% | 39.9% |
| Beta vs S&P 500 | 1.06 | 1.53 |
| Max drawdown (3Y) | -33.4% | -46.5% |
| Market cap | $4,591.0B | $57.0B |
| P/E (trailing) | 36.1 | 19.3 |
| Dividend yield | 0.33% | 1.82% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | AAPL | NXPI |
|---|---|---|
| 2022 | -26.4% | -29.2% |
| 2023 | +49.0% | +48.4% |
| 2024 | +30.7% | -8.0% |
| 2025 | +9.1% | +6.4% |
| 2026 | +16.0% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AAPL and NXPI good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AAPL and NXPI?
As of 2026-08-27, the correlation of weekly returns between AAPL and NXPI is 0.39 over 3 years, 0.20 over 1 year and 0.46 over 5 years.
Is NXPI a good diversifier for AAPL?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 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/aapl-vs-nxpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aapl-vs-nxpi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AAPL correlations · NXPI correlations
