CRUS vs QRVO: Correlation
Measured on weekly returns over the past three years, Cirrus Logic, Inc. (CRUS) and Qorvo, Inc. (QRVO) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRUS and QRVO?
Across a 3-year window, the weekly returns of CRUS and QRVO correlate at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Stretching to 5 years gives 0.58, with an annualized covariance of 919.7 %².
Within CRUS's tracked universe of 14 assets, QRVO comes in at #6 by 3-year correlation. The trailing year gives QRVO the advantage: -5.4% versus +4.6%, a 10.0-point spread.
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 QRVO: side by side
| CRUS (Cirrus Logic, Inc.) | QRVO (Qorvo, Inc.) | |
|---|---|---|
| 1-year return | -5.4% | +4.6% |
| 5-year return | +29.6% | -49.6% |
| Volatility (ann.) | 37.5% | 41.4% |
| Beta vs S&P 500 | 1.34 | 1.53 |
| Max drawdown (3Y) | -46.9% | -60.7% |
| Market cap | $5.6B | $8.5B |
| P/E (trailing) | 13.5 | 22.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRUS | QRVO |
|---|---|---|
| 2022 | -19.1% | -42.0% |
| 2023 | +11.7% | +24.2% |
| 2024 | +19.7% | -37.9% |
| 2025 | +19.0% | +20.8% |
| 2026 | -6.4% | +13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRUS and QRVO good diversifiers for each other?
To a limited degree. At 0.59 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 CRUS and QRVO?
The CRUS/QRVO correlation stands at 0.59 on a 3-year window (1 year: 0.50, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is QRVO a good diversifier for CRUS?
To a limited degree. At 0.59 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 0.59 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crus-vs-qrvo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crus-vs-qrvo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRUS correlations · QRVO correlations
