APTV vs SLAB: Correlation
Aptiv (APTV) and Silicon Laboratories, Inc. (SLAB) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and SLAB?
Across a 3-year window, the weekly returns of APTV and SLAB correlate at 0.46, moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.46). Stretching to 5 years gives 0.49, with an annualized covariance of 837.0 %².
By 3-year correlation, SLAB places #11 of the 33 assets tracked against APTV. Correlation aside, the last 12 months split them widely, with SLAB ahead by 100.0 points (-43.2% versus +56.8%).
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.
APTV vs SLAB: side by side
| APTV (Aptiv) | SLAB (Silicon Laboratories, Inc.) | |
|---|---|---|
| 1-year return | -43.2% | +56.8% |
| 5-year return | -70.3% | +36.7% |
| Volatility (ann.) | 37.7% | 48.6% |
| Beta vs S&P 500 | 0.76 | 1.40 |
| Max drawdown (3Y) | -56.5% | -45.7% |
| Market cap | $9.4B | $7.3B |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | APTV | SLAB |
|---|---|---|
| 2022 | -43.5% | -34.3% |
| 2023 | -3.7% | -2.5% |
| 2024 | -32.6% | -6.1% |
| 2025 | +25.8% | +5.2% |
| 2026 | -40.3% | +67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and SLAB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between APTV and SLAB?
As of 2026-08-27, the correlation of weekly returns between APTV and SLAB is 0.46 over 3 years, 0.35 over 1 year and 0.49 over 5 years.
Is SLAB a good diversifier for APTV?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/aptv-vs-slab.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aptv-vs-slab/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APTV correlations · SLAB correlations
