CAMT vs ENTG: Correlation
Measured on weekly returns over the past three years, Camtek Ltd. (CAMT) and Entegris, Inc. (ENTG) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CAMT and ENTG?
Across a 3-year window, the weekly returns of CAMT and ENTG correlate at 0.66, strong. Lately the two have moved closer together, with the 1-year correlation at 0.78 versus 0.66 over 3 years. Stretching to 5 years gives 0.65, with an annualized covariance of 2020.7 %².
In CAMT's tracked universe of 10 assets, ENTG sits right near the top at #3. Over the last 12 months ENTG came out ahead by 7.0 percentage points (+66.6% against +73.6%).
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.
CAMT vs ENTG: side by side
| CAMT (Camtek Ltd.) | ENTG (Entegris, Inc.) | |
|---|---|---|
| 1-year return | +66.6% | +73.6% |
| 5-year return | +253.0% | +22.7% |
| Volatility (ann.) | 57.7% | 53.0% |
| Beta vs S&P 500 | 1.95 | 2.17 |
| Max drawdown (3Y) | -63.2% | -56.9% |
| Market cap | $6.8B | $22.2B |
| P/E (trailing) | 193.1 | 71.6 |
| Dividend yield | 0.00% | 0.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CAMT | ENTG |
|---|---|---|
| 2022 | -52.3% | -52.5% |
| 2023 | +215.9% | +83.5% |
| 2024 | +18.3% | -17.1% |
| 2025 | +31.7% | -14.6% |
| 2026 | +36.2% | +72.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CAMT and ENTG good diversifiers for each other?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CAMT and ENTG?
As of 2026-08-27, the correlation of weekly returns between CAMT and ENTG is 0.66 over 3 years, 0.78 over 1 year and 0.65 over 5 years.
Is ENTG a good diversifier for CAMT?
Somewhat, no more. With 0.66 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.66 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
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Related comparisons
Hubs: CAMT correlations · ENTG correlations
