CRUS vs SMH: Correlation
How closely do Cirrus Logic, Inc. (CRUS) and VanEck Semiconductor ETF (SMH) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRUS and SMH?
Over the past 3 years, CRUS and SMH moved with a correlation of 0.60, which is strong. Recent behaviour matches the longer record: 0.61 over 1 year against 0.60 over 3. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 764.9 %².
Within CRUS's tracked universe of 14 assets, SMH comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SMH ahead by 98.5 points (-5.4% versus +93.1%).
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 SMH: side by side
| CRUS (Cirrus Logic, Inc.) | SMH (VanEck Semiconductor ETF) | |
|---|---|---|
| 1-year return | -5.4% | +93.1% |
| 5-year return | +29.6% | +332.8% |
| Volatility (ann.) | 37.5% | 33.7% |
| Beta vs S&P 500 | 1.34 | 1.91 |
| Max drawdown (3Y) | -46.9% | -35.7% |
| Market cap | $5.6B | – |
| P/E (trailing) | 13.5 | – |
| Dividend yield | 0.00% | – |
| Sector / category | US Listed | ETF · Thematic |
Year-by-year returns
| Year | CRUS | SMH |
|---|---|---|
| 2022 | -19.1% | -33.5% |
| 2023 | +11.7% | +73.4% |
| 2024 | +19.7% | +39.1% |
| 2025 | +19.0% | +49.2% |
| 2026 | -6.4% | +59.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRUS and SMH good diversifiers for each other?
To a limited degree. At 0.60 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 SMH?
As of 2026-08-27, the correlation of weekly returns between CRUS and SMH is 0.60 over 3 years, 0.61 over 1 year and 0.61 over 5 years.
Is SMH a good diversifier for CRUS?
To a limited degree. At 0.60 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 0.60 mean?
A reading of 0.60 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crus-vs-smh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crus-vs-smh/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRUS correlations · SMH correlations
