FDS vs KLIC: Correlation
How closely do FactSet (FDS) and Kulicke and Soffa Industries, Inc. (KLIC) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FDS and KLIC?
Across a 3-year window, the weekly returns of FDS and KLIC correlate at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.43) runs below the 3-year figure (-0.21). Stretching to 5 years gives -0.03, with an annualized covariance of -289.4 %².
Among the 32 assets we track against FDS, KLIC ranks #26 by 3-year correlation. The last year tells two different stories: KLIC led by 146.9 percentage points, -18.6% for FDS against +128.3% for KLIC.
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.
FDS vs KLIC: side by side
| FDS (FactSet) | KLIC (Kulicke and Soffa Industries, Inc.) | |
|---|---|---|
| 1-year return | -18.6% | +128.3% |
| 5-year return | -15.8% | +30.7% |
| Volatility (ann.) | 31.9% | 43.9% |
| Beta vs S&P 500 | 0.56 | 1.49 |
| Max drawdown (3Y) | -61.1% | -49.3% |
| Market cap | $10.8B | $4.4B |
| P/E (trailing) | 19.5 | 38.8 |
| Dividend yield | 1.51% | 0.97% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FDS | KLIC |
|---|---|---|
| 2022 | -16.7% | -25.8% |
| 2023 | +20.0% | +25.5% |
| 2024 | +1.6% | -13.2% |
| 2025 | -38.9% | -0.3% |
| 2026 | +6.0% | +86.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FDS and KLIC good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between FDS and KLIC?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.43 over the last year and -0.03 over 5 years.
Is KLIC a good diversifier for FDS?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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/fds-vs-klic.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fds-vs-klic/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FDS correlations · KLIC correlations
