AMAT vs ENTG: Correlation
Measured on weekly returns over the past three years, Applied Materials (AMAT) and Entegris, Inc. (ENTG) carry a correlation of 0.70, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMAT and ENTG?
Across a 3-year window, the weekly returns of AMAT and ENTG correlate at 0.70, strong. Recent behaviour matches the longer record: 0.69 over 1 year against 0.70 over 3. Stretching to 5 years gives 0.72, with an annualized covariance of 1621.5 %².
By 3-year correlation, ENTG places #12 of the 34 assets tracked against AMAT. Correlation aside, the last 12 months split them widely, with AMAT ahead by 121.4 points (+195.0% versus +73.6%).
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.
AMAT vs ENTG: side by side
| AMAT (Applied Materials) | ENTG (Entegris, Inc.) | |
|---|---|---|
| 1-year return | +195.0% | +73.6% |
| 5-year return | +269.5% | +22.7% |
| Volatility (ann.) | 43.5% | 53.0% |
| Beta vs S&P 500 | 1.69 | 2.17 |
| Max drawdown (3Y) | -49.9% | -56.9% |
| Market cap | $382.8B | $22.2B |
| P/E (trailing) | 41.3 | 71.6 |
| Dividend yield | 0.41% | 0.28% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AMAT | ENTG |
|---|---|---|
| 2022 | -37.5% | -52.5% |
| 2023 | +68.0% | +83.5% |
| 2024 | +1.1% | -17.1% |
| 2025 | +59.6% | -14.6% |
| 2026 | +88.4% | +72.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMAT and ENTG good diversifiers for each other?
Only partially. A correlation of 0.70 means AMAT and ENTG 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 AMAT and ENTG?
As of 2026-08-27, the correlation of weekly returns between AMAT and ENTG is 0.70 over 3 years, 0.69 over 1 year and 0.72 over 5 years.
Is ENTG a good diversifier for AMAT?
Only partially. A correlation of 0.70 means AMAT and ENTG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 mean?
On the −1 to +1 scale, 0.70 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amat-vs-entg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amat-vs-entg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMAT correlations · ENTG correlations
