ENTG vs NXPI: Correlation
Measured on weekly returns over the past three years, Entegris, Inc. (ENTG) and NXP Semiconductors (NXPI) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENTG and NXPI?
On 3 years of weekly data the ENTG/NXPI correlation comes out at 0.62, strong. The link has loosened recently: the 1-year correlation (0.50) runs below the 3-year figure (0.62). The 5-year figure is 0.65, and annualized covariance runs at 1308.7 %².
Within ENTG's tracked universe of 23 assets, NXPI comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ENTG outperformed by 76.9 percentage points (+73.6% for ENTG against -3.3% for NXPI).
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 NXPI: side by side
| ENTG (Entegris, Inc.) | NXPI (NXP Semiconductors) | |
|---|---|---|
| 1-year return | +73.6% | -3.3% |
| 5-year return | +22.7% | +8.6% |
| Volatility (ann.) | 53.0% | 39.9% |
| Beta vs S&P 500 | 2.17 | 1.53 |
| Max drawdown (3Y) | -56.9% | -46.5% |
| Market cap | $22.2B | $57.0B |
| P/E (trailing) | 71.6 | 19.3 |
| Dividend yield | 0.28% | 1.82% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ENTG | NXPI |
|---|---|---|
| 2022 | -52.5% | -29.2% |
| 2023 | +83.5% | +48.4% |
| 2024 | -17.1% | -8.0% |
| 2025 | -14.6% | +6.4% |
| 2026 | +72.9% | +4.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENTG and NXPI good diversifiers for each other?
Only partially. A correlation of 0.62 means ENTG and NXPI 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 ENTG and NXPI?
As of 2026-08-27, the correlation of weekly returns between ENTG and NXPI is 0.62 over 3 years, 0.50 over 1 year and 0.65 over 5 years.
Is NXPI a good diversifier for ENTG?
Only partially. A correlation of 0.62 means ENTG and NXPI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/entg-vs-nxpi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/entg-vs-nxpi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ENTG correlations · NXPI correlations