KEYS vs VIAV: Correlation
Keysight Technologies (KEYS) and Viavi Solutions Inc. (VIAV) show a moderate relationship: their 3-year correlation of weekly returns is 0.53.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEYS and VIAV?
On 3 years of weekly data the KEYS/VIAV correlation comes out at 0.53, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. The 5-year figure is 0.56, and annualized covariance runs at 919.5 %².
Within KEYS's tracked universe of 43 assets, VIAV comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with VIAV ahead by 147.8 points (+97.4% versus +245.2%).
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.
KEYS vs VIAV: side by side
| KEYS (Keysight Technologies) | VIAV (Viavi Solutions Inc.) | |
|---|---|---|
| 1-year return | +97.4% | +245.2% |
| 5-year return | +81.9% | +132.5% |
| Volatility (ann.) | 36.8% | 47.3% |
| Beta vs S&P 500 | 1.58 | 1.14 |
| Max drawdown (3Y) | -31.4% | -41.7% |
| Market cap | $55.5B | $9.5B |
| P/E (trailing) | 43.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | KEYS | VIAV |
|---|---|---|
| 2022 | -17.2% | -40.4% |
| 2023 | -7.0% | -4.2% |
| 2024 | +1.0% | +0.3% |
| 2025 | +26.5% | +76.4% |
| 2026 | +60.4% | +115.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEYS and VIAV good diversifiers for each other?
To a limited degree. At 0.53 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 KEYS and VIAV?
As of 2026-08-27, the correlation of weekly returns between KEYS and VIAV is 0.53 over 3 years, 0.51 over 1 year and 0.56 over 5 years.
Is VIAV a good diversifier for KEYS?
To a limited degree. At 0.53 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 0.53 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/keys-vs-viav.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/keys-vs-viav/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KEYS correlations · VIAV correlations
