LRCX vs MPWR: Correlation
Measured on weekly returns over the past three years, Lam Research (LRCX) and Monolithic Power Systems (MPWR) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LRCX and MPWR?
Over the past 3 years, LRCX and MPWR moved with a correlation of 0.63, which is strong. The past 12 months show a weaker link (0.51) than the 3-year average (0.63). Over 5 years the correlation is 0.67, and the annualized covariance of weekly returns is 1405.5 %².
Among the 36 assets we track against LRCX, MPWR ranks #19 by 3-year correlation. The last year tells two different stories: LRCX led by 156.6 percentage points, +209.0% for LRCX against +52.4% for MPWR. The link looks structural: the rolling one-year correlation barely moved, holding between 0.50 and 0.74.
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.
LRCX vs MPWR: side by side
| LRCX (Lam Research) | MPWR (Monolithic Power Systems) | |
|---|---|---|
| 1-year return | +209.0% | +52.4% |
| 5-year return | +452.0% | +170.3% |
| Volatility (ann.) | 46.7% | 48.1% |
| Beta vs S&P 500 | 2.03 | 2.22 |
| Max drawdown (3Y) | -47.1% | -51.6% |
| Market cap | $398.6B | $64.4B |
| P/E (trailing) | 54.4 | 79.4 |
| Dividend yield | 0.33% | 0.55% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | LRCX | MPWR |
|---|---|---|
| 2022 | -40.7% | -27.8% |
| 2023 | +88.6% | +79.8% |
| 2024 | -6.8% | -5.6% |
| 2025 | +139.2% | +54.5% |
| 2026 | +86.5% | +45.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LRCX and MPWR good diversifiers for each other?
To a limited degree. At 0.63 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 LRCX and MPWR?
The LRCX/MPWR correlation stands at 0.63 on a 3-year window (1 year: 0.51, 5 years: 0.67), computed from weekly returns as of 2026-08-27.
Is MPWR a good diversifier for LRCX?
To a limited degree. At 0.63 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 0.63 mean?
On the −1 to +1 scale, 0.63 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/lrcx-vs-mpwr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lrcx-vs-mpwr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LRCX correlations · MPWR correlations
