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AIP vs KN: Correlation

How closely do Arteris, Inc. (AIP) and Knowles Corporation (KN) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.

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

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
1322.3
%² · weekly, annualized

How correlated are AIP and KN?

Over the past 3 years, AIP and KN moved with a correlation of 0.55, which is moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 1322.3 %².

By 3-year correlation, KN places #5 of the 13 assets tracked against AIP. The last year tells two different stories: AIP led by 81.5 percentage points, +143.4% for AIP against +61.9% for KN. Risk is not evenly split, since AIP carries 1.8 times the volatility of the other side.

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.

AIP vs KN: side by side

AIP (Arteris, Inc.)KN (Knowles Corporation)
1-year return+143.4%+61.9%
5-year return+29.7%+73.8%
Volatility (ann.)65.6%36.5%
Beta vs S&P 5002.011.65
Max drawdown (3Y)-54.5%-38.0%
Market cap$1.2B$3.0B
P/E (trailing)41.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: KN -38.0% vs -54.5%Higher 5y return: KN +73.8% vs +29.7%
-1%0%+398%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AIP · KN

Year-by-year returns

YearAIPKN
2022-79.6%-29.7%
2023+37.0%+9.1%
2024+73.0%+11.3%
2025+52.1%+7.5%
2026+52.3%+63.1%

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

Are AIP and KN good diversifiers for each other?

Only partially. A correlation of 0.55 means AIP and KN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between AIP and KN?

The AIP/KN correlation stands at 0.55 on a 3-year window (1 year: 0.53, 5 years: 0.37), computed from weekly returns as of 2026-08-27.

Is KN a good diversifier for AIP?

Only partially. A correlation of 0.55 means AIP and KN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.55 mean?

A reading of 0.55 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/aip-vs-kn.json

AIP vs KN: 3-year weekly correlation 0.55AIP vs KN0.55

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Hubs: AIP correlations · KN correlations