GIS vs MPWR: Correlation
How closely do General Mills (GIS) and Monolithic Power Systems (MPWR) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIS and MPWR?
On 3 years of weekly data the GIS/MPWR correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.17 over 3. The 5-year figure is -0.17, and annualized covariance runs at -166.6 %².
By 3-year correlation, MPWR places #22 of the 38 assets tracked against GIS. Correlation aside, the last 12 months split them widely, with MPWR ahead by 65.2 points (-12.8% versus +52.4%). Do not treat this figure as fixed: across three years the rolling one-year correlation ranged all the way from -0.44 to 0.06. Note the risk asymmetry: MPWR runs 2.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GIS vs MPWR: side by side
| GIS (General Mills) | MPWR (Monolithic Power Systems) | |
|---|---|---|
| 1-year return | -12.8% | +52.4% |
| 5-year return | -14.6% | +170.3% |
| Volatility (ann.) | 20.6% | 48.1% |
| Beta vs S&P 500 | -0.05 | 2.22 |
| Max drawdown (3Y) | -53.4% | -51.6% |
| Market cap | $21.6B | $64.4B |
| P/E (trailing) | – | 79.4 |
| Dividend yield | 6.09% | 0.55% |
| Sector / category | Consumer Staples | Information Technology |
Year-by-year returns
| Year | GIS | MPWR |
|---|---|---|
| 2022 | +28.1% | -27.8% |
| 2023 | -20.0% | +79.8% |
| 2024 | +1.4% | -5.6% |
| 2025 | -23.7% | +54.5% |
| 2026 | -8.8% | +45.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIS and MPWR good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GIS and MPWR?
The GIS/MPWR correlation stands at -0.17 on a 3-year window (1 year: -0.21, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is MPWR a good diversifier for GIS?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 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/gis-vs-mpwr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gis-vs-mpwr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GIS correlations · MPWR correlations
