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CRUS vs HDSN: Correlation

Cirrus Logic, Inc. (CRUS) and Hudson Technologies, Inc. (HDSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.

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

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.29
long-run
Ann. covariance
617.4
%² · weekly, annualized

How correlated are CRUS and HDSN?

Across a 3-year window, the weekly returns of CRUS and HDSN correlate at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.47 lands near the 3-year figure. Stretching to 5 years gives 0.29, with an annualized covariance of 617.4 %².

Out of 14 assets tracked against CRUS, HDSN lands near the bottom at #10. The last year tells two different stories: CRUS led by 41.1 percentage points, -5.4% for CRUS against -46.5% for HDSN.

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.

CRUS vs HDSN: side by side

CRUS (Cirrus Logic, Inc.)HDSN (Hudson Technologies, Inc.)
1-year return-5.4%-46.5%
5-year return+29.6%+68.6%
Volatility (ann.)37.5%41.6%
Beta vs S&P 5001.340.74
Max drawdown (3Y)-46.9%-67.6%
Market cap$5.6B$0.2B
P/E (trailing)13.524.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: CRUS 13.5 vs 24.9Smaller drawdown: CRUS -46.9% vs -67.6%Higher 5y return: HDSN +68.6% vs +29.6%
-52%0%+50%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CRUS · HDSN

Year-by-year returns

YearCRUSHDSN
2022-19.1%+127.9%
2023+11.7%+33.3%
2024+19.7%-58.6%
2025+19.0%+22.8%
2026-6.4%-20.0%

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

Are CRUS and HDSN good diversifiers for each other?

Reasonably. At 0.40, CRUS and HDSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between CRUS and HDSN?

The CRUS/HDSN correlation stands at 0.40 on a 3-year window (1 year: 0.47, 5 years: 0.29), computed from weekly returns as of 2026-08-27.

Is HDSN a good diversifier for CRUS?

Reasonably. At 0.40, CRUS and HDSN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.40 mean?

A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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CRUS vs HDSN: 3-year weekly correlation 0.40CRUS vs HDSN0.40

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Related comparisons

Hubs: CRUS correlations · HDSN correlations