AMKR vs SOXX: Correlation
How closely do Amkor Technology, Inc. (AMKR) and iShares Semiconductor ETF (SOXX) trade together? Their weekly returns over three years give a correlation of 0.76, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMKR and SOXX?
On 3 years of weekly data the AMKR/SOXX correlation comes out at 0.76, strong. Little has changed lately, as the 1-year reading of 0.75 lands near the 3-year figure. The 5-year figure is 0.78, and annualized covariance runs at 1542.7 %².
SOXX is one of the assets that tracks AMKR most closely: it ranks #1 out of the 17 assets we track against AMKR. Neither side won the trailing year by much: +112.3% against +110.0%. One caveat on sizing: AMKR is 1.6 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.
AMKR vs SOXX: side by side
| AMKR (Amkor Technology, Inc.) | SOXX (iShares Semiconductor ETF) | |
|---|---|---|
| 1-year return | +112.3% | +110.0% |
| 5-year return | +98.2% | +247.5% |
| Volatility (ann.) | 57.4% | 35.2% |
| Beta vs S&P 500 | 2.24 | 1.93 |
| Max drawdown (3Y) | -65.9% | -41.4% |
| Market cap | $12.9B | – |
| P/E (trailing) | 21.6 | – |
| Dividend yield | 0.69% | 0.29% |
| Expense ratio | – | 0.33% |
| Assets under management | – | $44.7B |
| Sector / category | US Listed | ETF · Thematic |
On the fund side, SOXX sits in the Technology category at iShares, with $44.7B under management, 30 holdings, a 0.33% expense ratio, a 0.29% trailing dividend yield.
Year-by-year returns
| Year | AMKR | SOXX |
|---|---|---|
| 2022 | -2.3% | -35.1% |
| 2023 | +40.3% | +67.1% |
| 2024 | -20.8% | +12.9% |
| 2025 | +55.9% | +40.7% |
| 2026 | +31.5% | +74.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMKR and SOXX good diversifiers for each other?
Only partially. A correlation of 0.76 means AMKR and SOXX 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 AMKR and SOXX?
As of 2026-08-27, the correlation of weekly returns between AMKR and SOXX is 0.76 over 3 years, 0.75 over 1 year and 0.78 over 5 years.
Is SOXX a good diversifier for AMKR?
Only partially. A correlation of 0.76 means AMKR and SOXX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.76 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/amkr-vs-soxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amkr-vs-soxx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMKR correlations · SOXX correlations
