AMD vs MPWR: Correlation
Measured on weekly returns over the past three years, Advanced Micro Devices (AMD) and Monolithic Power Systems (MPWR) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMD and MPWR?
Over the past 3 years, AMD and MPWR moved with a correlation of 0.51, which is moderate. The link has loosened recently: the 1-year correlation (0.35) runs below the 3-year figure (0.51). Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 1362.1 %².
Within AMD's tracked universe of 33 assets, MPWR comes in at #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AMD ahead by 132.8 points (+185.2% versus +52.4%). On a rolling one-year basis the correlation drifted between 0.32 and 0.70, a moderate band.
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.
AMD vs MPWR: side by side
| AMD (Advanced Micro Devices) | MPWR (Monolithic Power Systems) | |
|---|---|---|
| 1-year return | +185.2% | +52.4% |
| 5-year return | +328.2% | +170.3% |
| Volatility (ann.) | 55.7% | 48.1% |
| Beta vs S&P 500 | 2.04 | 2.22 |
| Max drawdown (3Y) | -63.0% | -51.6% |
| Market cap | $778.2B | $64.4B |
| P/E (trailing) | 121.9 | 79.4 |
| Dividend yield | 0.00% | 0.55% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | AMD | MPWR |
|---|---|---|
| 2022 | -55.0% | -27.8% |
| 2023 | +127.6% | +79.8% |
| 2024 | -18.1% | -5.6% |
| 2025 | +77.3% | +54.5% |
| 2026 | +122.6% | +45.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMD and MPWR good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMD and MPWR?
As of 2026-08-27, the correlation of weekly returns between AMD and MPWR is 0.51 over 3 years, 0.35 over 1 year and 0.60 over 5 years.
Is MPWR a good diversifier for AMD?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 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/amd-vs-mpwr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amd-vs-mpwr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AMD correlations · MPWR correlations
