PairBook
HomeCOHU › COHU vs KLIC

COHU vs KLIC: Correlation

How closely do Cohu, Inc. (COHU) and Kulicke and Soffa Industries, Inc. (KLIC) trade together? Their weekly returns over three years give a correlation of 0.73, which is strong.

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

Correlation (3Y)
0.73
strong
Correlation (1Y)
0.71
last 12 months
Correlation (5Y)
0.73
long-run
Ann. covariance
1429.4
%² · weekly, annualized

How correlated are COHU and KLIC?

Over the past 3 years, COHU and KLIC moved with a correlation of 0.73, which is strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.73 over 3. Over 5 years the correlation is 0.73, and the annualized covariance of weekly returns is 1429.4 %².

By 3-year correlation, KLIC places #4 of the 24 assets tracked against COHU. Their recent paths diverged sharply: over the last 12 months COHU outperformed by 26.5 percentage points (+154.8% for COHU against +128.3% for KLIC).

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.

COHU vs KLIC: side by side

COHU (Cohu, Inc.)KLIC (Kulicke and Soffa Industries, Inc.)
1-year return+154.8%+128.3%
5-year return+41.3%+30.7%
Volatility (ann.)44.8%43.9%
Beta vs S&P 5001.741.49
Max drawdown (3Y)-64.7%-49.3%
Market cap$2.4B$4.4B
P/E (trailing)38.8
Dividend yield0.00%0.97%
Sector / categoryUS ListedUS Listed
Higher yield: KLIC 0.97% vs 0.00%Smaller drawdown: KLIC -49.3% vs -64.7%Higher 5y return: COHU +41.3% vs +30.7%
-2%0%+241%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. COHU · KLIC

Year-by-year returns

YearCOHUKLIC
2022-15.9%-25.8%
2023+10.4%+25.5%
2024-24.6%-13.2%
2025-12.8%-0.3%
2026+122.1%+86.8%

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

Are COHU and KLIC good diversifiers for each other?

To a limited degree. At 0.73 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 COHU and KLIC?

Using weekly returns as of 2026-08-27: 0.73 over 3 years, with 0.71 over the last year and 0.73 over 5 years.

Is KLIC a good diversifier for COHU?

To a limited degree. At 0.73 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 0.73 mean?

On the −1 to +1 scale, 0.73 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

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

COHU vs KLIC: 3-year weekly correlation 0.73COHU vs KLIC0.73

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

[![COHU vs KLIC correlation](https://www.pairbook.io/api/v1/badge/cohu-vs-klic.svg)](https://www.pairbook.io/pair/cohu-vs-klic/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: COHU correlations · KLIC correlations