INTC vs VECO: Correlation
Measured on weekly returns over the past three years, Intel (INTC) and Veeco Instruments Inc. (VECO) 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 INTC and VECO?
On 3 years of weekly data the INTC/VECO correlation comes out at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 1700.5 %².
Among the 37 assets we track against INTC, VECO ranks #7 by 3-year correlation. The last year tells two different stories: INTC led by 175.0 percentage points, +270.6% for INTC against +95.6% for VECO.
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.
INTC vs VECO: side by side
| INTC (Intel) | VECO (Veeco Instruments Inc.) | |
|---|---|---|
| 1-year return | +270.6% | +95.6% |
| 5-year return | +85.4% | +105.2% |
| Volatility (ann.) | 63.0% | 49.1% |
| Beta vs S&P 500 | 2.01 | 1.57 |
| Max drawdown (3Y) | -63.8% | -64.2% |
| Market cap | $486.8B | $2.9B |
| P/E (trailing) | – | 120.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | INTC | VECO |
|---|---|---|
| 2022 | -46.6% | -34.7% |
| 2023 | +94.6% | +67.0% |
| 2024 | -59.6% | -13.6% |
| 2025 | +84.0% | +6.6% |
| 2026 | +149.6% | +64.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTC and VECO good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between INTC and VECO?
The INTC/VECO correlation stands at 0.55 on a 3-year window (1 year: 0.65, 5 years: 0.53), computed from weekly returns as of 2026-08-27.
Is VECO a good diversifier for INTC?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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
$ curl https://www.pairbook.io/api/v1/pairs/intc-vs-veco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/intc-vs-veco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INTC correlations · VECO correlations
