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ENTG vs PLAB: Correlation

Measured on weekly returns over the past three years, Entegris, Inc. (ENTG) and Photronics, Inc. (PLAB) carry a correlation of 0.53, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.53
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.53
long-run
Ann. covariance
1676.7
%² · weekly, annualized

How correlated are ENTG and PLAB?

On 3 years of weekly data the ENTG/PLAB correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.53 over 3. The 5-year figure is 0.53, and annualized covariance runs at 1676.7 %².

Within ENTG's tracked universe of 23 assets, PLAB comes in at #18 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ENTG outperformed by 47.4 percentage points (+73.6% for ENTG against +26.2% for PLAB).

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 PLAB: side by side

ENTG (Entegris, Inc.)PLAB (Photronics, Inc.)
1-year return+73.6%+26.2%
5-year return+22.7%+106.4%
Volatility (ann.)53.0%60.0%
Beta vs S&P 5002.171.56
Max drawdown (3Y)-56.9%-50.6%
Market cap$22.2B$1.8B
P/E (trailing)71.610.8
Dividend yield0.28%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: PLAB 10.8 vs 71.6Higher yield: ENTG 0.28% vs 0.00%Smaller drawdown: PLAB -50.6% vs -56.9%Higher 5y return: PLAB +106.4% vs +22.7%
-10%0%+137%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ENTG · PLAB

Year-by-year returns

YearENTGPLAB
2022-52.5%-10.7%
2023+83.5%+86.4%
2024-17.1%-24.9%
2025-14.6%+35.8%
2026+72.9%-5.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ENTG and PLAB good diversifiers for each other?

Only partially. A correlation of 0.53 means ENTG and PLAB 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 PLAB?

Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.44 over the last year and 0.53 over 5 years.

Is PLAB a good diversifier for ENTG?

Only partially. A correlation of 0.53 means ENTG and PLAB share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.53 mean?

A reading of 0.53 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/entg-vs-plab.json

ENTG vs PLAB: 3-year weekly correlation 0.53ENTG vs PLAB0.53

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Related comparisons

Hubs: ENTG correlations · PLAB correlations