ENTG vs FRD: Correlation
Entegris, Inc. (ENTG) and Friedman Industries Inc. (FRD) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTG and FRD?
Over the past 3 years, ENTG and FRD moved with a correlation of 0.41, which is moderate. The past 12 months show a tighter link (0.51) than the 3-year average (0.41). Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 1093.9 %².
Out of 23 assets tracked against ENTG, FRD lands near the bottom at #19. The last year tells two different stories: FRD led by 64.2 percentage points, +73.6% for ENTG against +137.8% for FRD.
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.
ENTG vs FRD: side by side
| ENTG (Entegris, Inc.) | FRD (Friedman Industries Inc.) | |
|---|---|---|
| 1-year return | +73.6% | +137.8% |
| 5-year return | +22.7% | +282.9% |
| Volatility (ann.) | 53.0% | 50.1% |
| Beta vs S&P 500 | 2.17 | 1.10 |
| Max drawdown (3Y) | -56.9% | -34.6% |
| Market cap | $22.2B | $0.3B |
| P/E (trailing) | 71.6 | 11.7 |
| Dividend yield | 0.28% | 0.38% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENTG | FRD |
|---|---|---|
| 2022 | -52.5% | +5.3% |
| 2023 | +83.5% | +59.0% |
| 2024 | -17.1% | -0.3% |
| 2025 | -14.6% | +35.3% |
| 2026 | +72.9% | +120.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTG and FRD good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ENTG and FRD?
As of 2026-08-27, the correlation of weekly returns between ENTG and FRD is 0.41 over 3 years, 0.51 over 1 year and 0.37 over 5 years.
Is FRD a good diversifier for ENTG?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
A reading of 0.41 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/entg-vs-frd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/entg-vs-frd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ENTG correlations · FRD correlations
