CRUS vs TSM: Correlation
Measured on weekly returns over the past three years, Cirrus Logic, Inc. (CRUS) and Taiwan Semiconductor Manufacturing Company Ltd. (TSM) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRUS and TSM?
Across a 3-year window, the weekly returns of CRUS and TSM correlate at 0.61, strong. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Stretching to 5 years gives 0.57, with an annualized covariance of 802.5 %².
Among the 14 assets we track against CRUS, TSM ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TSM ahead by 85.9 points (-5.4% versus +80.5%).
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 TSM: side by side
| CRUS (Cirrus Logic, Inc.) | TSM (Taiwan Semiconductor Manufacturing Company Ltd.) | |
|---|---|---|
| 1-year return | -5.4% | +80.5% |
| 5-year return | +29.6% | +289.6% |
| Volatility (ann.) | 37.5% | 34.9% |
| Beta vs S&P 500 | 1.34 | 1.59 |
| Max drawdown (3Y) | -46.9% | -36.8% |
| Market cap | $5.6B | $2,216.2B |
| P/E (trailing) | 13.5 | 31.1 |
| Dividend yield | 0.00% | 6.22% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRUS | TSM |
|---|---|---|
| 2022 | -19.1% | -36.7% |
| 2023 | +11.7% | +42.3% |
| 2024 | +19.7% | +92.6% |
| 2025 | +19.0% | +55.9% |
| 2026 | -6.4% | +41.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRUS and TSM good diversifiers for each other?
Only partially. A correlation of 0.61 means CRUS and TSM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between CRUS and TSM?
The CRUS/TSM correlation stands at 0.61 on a 3-year window (1 year: 0.60, 5 years: 0.57), computed from weekly returns as of 2026-08-27.
Is TSM a good diversifier for CRUS?
Only partially. A correlation of 0.61 means CRUS and TSM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 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-tsm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crus-vs-tsm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRUS correlations · TSM correlations
