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
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 500 | 1.74 | 1.49 |
| Max drawdown (3Y) | -64.7% | -49.3% |
| Market cap | $2.4B | $4.4B |
| P/E (trailing) | – | 38.8 |
| Dividend yield | 0.00% | 0.97% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COHU | KLIC |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/cohu-vs-klic.json
Drop this badge in a README or notebook; it updates with the data:
[](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