APH vs SOXX: Correlation
How closely do Amphenol (APH) and iShares Semiconductor ETF (SOXX) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APH and SOXX?
Over the past 3 years, APH and SOXX moved with a correlation of 0.67, which is strong. The link has loosened recently: the 1-year correlation (0.54) runs below the 3-year figure (0.67). Over 5 years the correlation is 0.70, and the annualized covariance of weekly returns is 795.8 %².
Among the 38 assets we track against APH, SOXX ranks #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SOXX ahead by 62.5 points (+47.5% versus +110.0%). Across three years, the rolling one-year figure varied moderately, from 0.45 to 0.86.
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 SOXX: side by side
| APH (Amphenol) | SOXX (iShares Semiconductor ETF) | |
|---|---|---|
| 1-year return | +47.5% | +110.0% |
| 5-year return | +338.9% | +247.5% |
| Volatility (ann.) | 33.6% | 35.2% |
| Beta vs S&P 500 | 1.57 | 1.93 |
| Max drawdown (3Y) | -28.2% | -41.4% |
| Market cap | $199.0B | – |
| P/E (trailing) | 40.3 | – |
| Dividend yield | 0.57% | 0.29% |
| Expense ratio | – | 0.33% |
| Assets under management | – | $44.7B |
| Sector / category | Information Technology | 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 | APH | SOXX |
|---|---|---|
| 2022 | -12.0% | -35.1% |
| 2023 | +31.5% | +67.1% |
| 2024 | +41.3% | +12.9% |
| 2025 | +96.1% | +40.7% |
| 2026 | +19.8% | +74.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APH and SOXX good diversifiers for each other?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between APH and SOXX?
Using weekly returns as of 2026-08-27: 0.67 over 3 years, with 0.54 over the last year and 0.70 over 5 years.
Is SOXX a good diversifier for APH?
Somewhat, no more. With 0.67 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/aph-vs-soxx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aph-vs-soxx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: APH correlations · SOXX correlations
