LINK vs QCOM: Correlation
Interlink Electronics, Inc. (LINK) and Qualcomm (QCOM) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LINK and QCOM?
Over the past 3 years, LINK and QCOM moved with a correlation of 0.31, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.50 versus 0.31 over 3 years. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 1059.5 %².
By 3-year correlation, QCOM places #5 of the 13 assets tracked against LINK. Over the last 12 months QCOM came out ahead by 6.8 percentage points (-1.5% against +5.3%). One caveat on sizing: LINK is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
LINK vs QCOM: side by side
| LINK (Interlink Electronics, Inc.) | QCOM (Qualcomm) | |
|---|---|---|
| 1-year return | -1.5% | +5.3% |
| 5-year return | +17.2% | +25.8% |
| Volatility (ann.) | 81.3% | 42.4% |
| Beta vs S&P 500 | 1.01 | 1.77 |
| Max drawdown (3Y) | -71.3% | -44.2% |
| Market cap | $0.1B | $176.0B |
| P/E (trailing) | – | 18.9 |
| Dividend yield | 0.00% | 2.19% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | LINK | QCOM |
|---|---|---|
| 2022 | -15.7% | -38.6% |
| 2023 | +56.5% | +35.1% |
| 2024 | -26.8% | +8.3% |
| 2025 | -6.7% | +13.8% |
| 2026 | +34.0% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LINK and QCOM good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between LINK and QCOM?
The LINK/QCOM correlation stands at 0.31 on a 3-year window (1 year: 0.50, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is QCOM a good diversifier for LINK?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/link-vs-qcom.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/link-vs-qcom/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LINK correlations · QCOM correlations
