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
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 500 | 2.01 | 1.65 |
| Max drawdown (3Y) | -54.5% | -38.0% |
| Market cap | $1.2B | $3.0B |
| P/E (trailing) | – | 41.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIP | KN |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/aip-vs-kn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aip-vs-kn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIP correlations · KN correlations