APH vs FOXX: Correlation
Measured on weekly returns over the past three years, Amphenol (APH) and Foxx Development Holdings Inc. (FOXX) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APH and FOXX?
On 3 years of weekly data the APH/FOXX correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.22) sits close to the 3-year figure. The 5-year figure is -0.16, and annualized covariance runs at -629.0 %².
Within APH's tracked universe of 38 assets, FOXX comes in at #32 by 3-year correlation. The last year tells two different stories: APH led by 101.8 percentage points, +47.5% for APH against -54.3% for FOXX. Note the risk asymmetry: FOXX runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
APH vs FOXX: side by side
| APH (Amphenol) | FOXX (Foxx Development Holdings Inc.) | |
|---|---|---|
| 1-year return | +47.5% | -54.3% |
| 5-year return | +338.9% | n/a |
| Volatility (ann.) | 33.6% | 108.9% |
| Beta vs S&P 500 | 1.57 | -0.69 |
| Max drawdown (3Y) | -28.2% | -87.3% |
| Market cap | $199.0B | – |
| P/E (trailing) | 40.3 | – |
| Dividend yield | 0.57% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | APH | FOXX |
|---|---|---|
| 2022 | -12.0% | – |
| 2023 | +31.5% | +8.2% |
| 2024 | +41.3% | -48.4% |
| 2025 | +96.1% | -18.7% |
| 2026 | +19.8% | -40.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APH and FOXX good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between APH and FOXX?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.22 over the last year and -0.16 over 5 years.
Is FOXX a good diversifier for APH?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
A reading of -0.17 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/aph-vs-foxx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aph-vs-foxx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APH correlations · FOXX correlations
