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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

Correlation (3Y)
0.62
strong
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.65
long-run
Ann. covariance
1308.7
%² · weekly, annualized

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 5002.171.53
Max drawdown (3Y)-56.9%-46.5%
Market cap$22.2B$57.0B
P/E (trailing)71.619.3
Dividend yield0.28%1.82%
Sector / categoryUS ListedInformation Technology
Lower P/E: NXPI 19.3 vs 71.6Higher yield: NXPI 1.82% vs 0.28%Smaller drawdown: NXPI -46.5% vs -56.9%Higher 5y return: ENTG +22.7% vs +8.6%
-15%0%+119%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ENTG · NXPI

Year-by-year returns

YearENTGNXPI
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

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$ curl https://www.pairbook.io/api/v1/pairs/entg-vs-nxpi.json

ENTG vs NXPI: 3-year weekly correlation 0.62ENTG vs NXPI0.62

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Related comparisons

Hubs: ENTG correlations · NXPI correlations