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ACMR vs LRCX: Correlation

ACM Research, Inc. (ACMR) and Lam Research (LRCX) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.59
moderate
Correlation (1Y)
0.74
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
2217.9
%² · weekly, annualized

How correlated are ACMR and LRCX?

On 3 years of weekly data the ACMR/LRCX correlation comes out at 0.59, moderate. The past 12 months show a tighter link (0.74) than the 3-year average (0.59). The 5-year figure is 0.55, and annualized covariance runs at 2217.9 %².

Few assets follow ACMR as closely as LRCX, which ranks #1 of 13 tracked partners. The last year tells two different stories: LRCX led by 27.4 percentage points, +181.6% for ACMR against +209.0% for LRCX. One caveat on sizing: ACMR is 1.7 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.

ACMR vs LRCX: side by side

ACMR (ACM Research, Inc.)LRCX (Lam Research)
1-year return+181.6%+209.0%
5-year return+173.8%+452.0%
Volatility (ann.)80.8%46.7%
Beta vs S&P 5002.072.03
Max drawdown (3Y)-58.4%-47.1%
Market cap$5.6B$398.6B
P/E (trailing)37.354.4
Dividend yield0.00%0.33%
Sector / categoryUS ListedInformation Technology
Lower P/E: ACMR 37.3 vs 54.4Higher yield: LRCX 0.33% vs 0.00%Smaller drawdown: LRCX -47.1% vs -58.4%Higher 5y return: LRCX +452.0% vs +173.8%
0%+301%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ACMR · LRCX

Year-by-year returns

YearACMRLRCX
2022-72.9%-40.7%
2023+153.4%+88.6%
2024-22.7%-6.8%
2025+161.3%+139.2%
2026+104.0%+86.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACMR and LRCX good diversifiers for each other?

To a limited degree. At 0.59 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 ACMR and LRCX?

The ACMR/LRCX correlation stands at 0.59 on a 3-year window (1 year: 0.74, 5 years: 0.55), computed from weekly returns as of 2026-08-27.

Is LRCX a good diversifier for ACMR?

To a limited degree. At 0.59 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 0.59 mean?

On the −1 to +1 scale, 0.59 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

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ACMR vs LRCX: 3-year weekly correlation 0.59ACMR vs LRCX0.59

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Hubs: ACMR correlations · LRCX correlations