ENTG vs ICHR: Correlation
Measured on weekly returns over the past three years, Entegris, Inc. (ENTG) and Ichor Holdings (ICHR) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTG and ICHR?
Across a 3-year window, the weekly returns of ENTG and ICHR correlate at 0.66, strong. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 2603.5 %².
By 3-year correlation, ICHR places #13 of the 23 assets tracked against ENTG. Their recent paths diverged sharply: over the last 12 months ICHR outperformed by 166.2 percentage points (+73.6% for ENTG against +239.8% for ICHR).
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 ICHR: side by side
| ENTG (Entegris, Inc.) | ICHR (Ichor Holdings) | |
|---|---|---|
| 1-year return | +73.6% | +239.8% |
| 5-year return | +22.7% | +32.8% |
| Volatility (ann.) | 53.0% | 75.0% |
| Beta vs S&P 500 | 2.17 | 2.32 |
| Max drawdown (3Y) | -56.9% | -69.1% |
| Market cap | $22.2B | $2.2B |
| P/E (trailing) | 71.6 | – |
| Dividend yield | 0.28% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENTG | ICHR |
|---|---|---|
| 2022 | -52.5% | -41.7% |
| 2023 | +83.5% | +25.4% |
| 2024 | -17.1% | -4.2% |
| 2025 | -14.6% | -42.8% |
| 2026 | +72.9% | +220.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTG and ICHR good diversifiers for each other?
To a limited degree. At 0.66 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 ENTG and ICHR?
Using weekly returns as of 2026-08-27: 0.66 over 3 years, with 0.60 over the last year and 0.66 over 5 years.
Is ICHR a good diversifier for ENTG?
To a limited degree. At 0.66 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 0.66 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/entg-vs-ichr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/entg-vs-ichr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ENTG correlations · ICHR correlations
