GLW vs KLIC: Correlation
Measured on weekly returns over the past three years, Corning Inc. (GLW) and Kulicke and Soffa Industries, Inc. (KLIC) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLW and KLIC?
Over the past 3 years, GLW and KLIC moved with a correlation of 0.55, which is moderate. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 1008.5 %².
Among the 37 assets we track against GLW, KLIC ranks #4 by 3-year correlation. Twelve-month performance is nearly a tie, at +129.7% for GLW and +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.
GLW vs KLIC: side by side
| GLW (Corning Inc.) | KLIC (Kulicke and Soffa Industries, Inc.) | |
|---|---|---|
| 1-year return | +129.7% | +128.3% |
| 5-year return | +331.4% | +30.7% |
| Volatility (ann.) | 42.1% | 43.9% |
| Beta vs S&P 500 | 1.15 | 1.49 |
| Max drawdown (3Y) | -51.5% | -49.3% |
| Market cap | $131.6B | $4.4B |
| P/E (trailing) | 70.4 | 38.8 |
| Dividend yield | 0.73% | 0.97% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GLW | KLIC |
|---|---|---|
| 2022 | -11.6% | -25.8% |
| 2023 | -1.2% | +25.5% |
| 2024 | +60.6% | -13.2% |
| 2025 | +87.8% | -0.3% |
| 2026 | +75.1% | +86.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLW and KLIC good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GLW and KLIC?
The GLW/KLIC correlation stands at 0.55 on a 3-year window (1 year: 0.60, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is KLIC a good diversifier for GLW?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 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/glw-vs-klic.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/glw-vs-klic/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GLW correlations · KLIC correlations
