LOGI vs QCOM: Correlation
Measured on weekly returns over the past three years, Logitech International S.A. - Registered Shares (LOGI) and Qualcomm (QCOM) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOGI and QCOM?
Over the past 3 years, LOGI and QCOM moved with a correlation of 0.56, which is moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.56 over 3. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 809.1 %².
In LOGI's tracked universe of 12 assets, QCOM sits right near the top at #3. The trailing year gives QCOM the advantage: -3.5% versus +5.3%, a 8.8-point spread.
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.
LOGI vs QCOM: side by side
| LOGI (Logitech International S.A. - Registered Shares) | QCOM (Qualcomm) | |
|---|---|---|
| 1-year return | -3.5% | +5.3% |
| 5-year return | +0.1% | +25.8% |
| Volatility (ann.) | 34.3% | 42.4% |
| Beta vs S&P 500 | 1.24 | 1.77 |
| Max drawdown (3Y) | -37.6% | -44.2% |
| Market cap | $14.0B | $176.0B |
| P/E (trailing) | 18.4 | 18.9 |
| Dividend yield | 1.69% | 2.19% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | LOGI | QCOM |
|---|---|---|
| 2022 | -22.9% | -38.6% |
| 2023 | +55.3% | +35.1% |
| 2024 | -12.0% | +8.3% |
| 2025 | +23.5% | +13.8% |
| 2026 | -2.2% | -2.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOGI and QCOM good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LOGI and QCOM?
As of 2026-08-27, the correlation of weekly returns between LOGI and QCOM is 0.56 over 3 years, 0.59 over 1 year and 0.47 over 5 years.
Is QCOM a good diversifier for LOGI?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/logi-vs-qcom.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/logi-vs-qcom/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOGI correlations · QCOM correlations
