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CLS vs SYM: Correlation

How closely do Celestica, Inc. (CLS) and Symbotic Inc. (SYM) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.51
moderate
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
2649.7
%² · weekly, annualized

How correlated are CLS and SYM?

Across a 3-year window, the weekly returns of CLS and SYM correlate at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Stretching to 5 years gives 0.34, with an annualized covariance of 2649.7 %².

By 3-year correlation, SYM places #12 of the 23 assets tracked against CLS. Their recent paths diverged sharply: over the last 12 months CLS outperformed by 70.8 percentage points (+57.0% for CLS against -13.8% for SYM).

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.

CLS vs SYM: side by side

CLS (Celestica, Inc.)SYM (Symbotic Inc.)
1-year return+57.0%-13.8%
5-year return+3251.4%+324.6%
Volatility (ann.)60.6%86.6%
Beta vs S&P 5002.492.49
Max drawdown (3Y)-54.0%-69.9%
Market cap$40.0B$24.9B
P/E (trailing)32.01028.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: CLS 32.0 vs 1028.5Smaller drawdown: CLS -54.0% vs -69.9%Higher 5y return: CLS +3251.4% vs +324.6%
-17%0%+74%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CLS · SYM

Year-by-year returns

YearCLSSYM
2022+1.3%+19.4%
2023+159.8%+329.9%
2024+215.2%-53.8%
2025+220.3%+150.9%
2026+7.4%-30.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CLS and SYM good diversifiers for each other?

To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between CLS and SYM?

As of 2026-08-27, the correlation of weekly returns between CLS and SYM is 0.51 over 3 years, 0.57 over 1 year and 0.34 over 5 years.

Is SYM a good diversifier for CLS?

To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.51 mean?

A reading of 0.51 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cls-vs-sym.json

CLS vs SYM: 3-year weekly correlation 0.51CLS vs SYM0.51

Drop this badge in a README or notebook; it updates with the data:

[![CLS vs SYM correlation](https://www.pairbook.io/api/v1/badge/cls-vs-sym.svg)](https://www.pairbook.io/pair/cls-vs-sym/)

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Related comparisons

Hubs: CLS correlations · SYM correlations