CNCK vs ENTG: Correlation
How closely do Coincheck Group N.V. (CNCK) and Entegris, Inc. (ENTG) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNCK and ENTG?
Over the past 3 years, CNCK and ENTG moved with a correlation of 0.32, which is moderate. Little has changed lately, as the 1-year reading of 0.31 lands near the 3-year figure. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 1526.5 %².
Among the 14 assets we track against CNCK, ENTG ranks #7 by 3-year correlation. The last year tells two different stories: ENTG led by 133.3 percentage points, -59.7% for CNCK against +73.6% for ENTG. Risk is not evenly split, since CNCK carries 1.7 times the volatility of the other side.
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.
CNCK vs ENTG: side by side
| CNCK (Coincheck Group N.V.) | ENTG (Entegris, Inc.) | |
|---|---|---|
| 1-year return | -59.7% | +73.6% |
| 5-year return | -78.6% | +22.7% |
| Volatility (ann.) | 91.0% | 53.0% |
| Beta vs S&P 500 | 0.99 | 2.17 |
| Max drawdown (3Y) | -89.9% | -56.9% |
| Market cap | $0.4B | $22.2B |
| P/E (trailing) | – | 71.6 |
| Dividend yield | 0.00% | 0.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNCK | ENTG |
|---|---|---|
| 2022 | +1.8% | -52.5% |
| 2023 | +2.9% | +83.5% |
| 2024 | -13.0% | -17.1% |
| 2025 | -71.7% | -14.6% |
| 2026 | -17.5% | +72.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNCK and ENTG good diversifiers for each other?
Reasonably. At 0.32, CNCK and ENTG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CNCK and ENTG?
The CNCK/ENTG correlation stands at 0.32 on a 3-year window (1 year: 0.31, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is ENTG a good diversifier for CNCK?
Reasonably. At 0.32, CNCK and ENTG keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
On the −1 to +1 scale, 0.32 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/cnck-vs-entg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cnck-vs-entg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CNCK correlations · ENTG correlations
