LSCC vs MKSI: Correlation
How closely do Lattice Semiconductor Corporation (LSCC) and MKS Inc. (MKSI) trade together? Their weekly returns over three years give a correlation of 0.61, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LSCC and MKSI?
Across a 3-year window, the weekly returns of LSCC and MKSI correlate at 0.61, strong. The relationship has been stable: the 1-year correlation (0.57) sits close to the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 1680.6 %².
Among the 14 assets we track against LSCC, MKSI ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MKSI outperformed by 74.5 percentage points (+83.0% for LSCC against +157.5% for MKSI).
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.
LSCC vs MKSI: side by side
| LSCC (Lattice Semiconductor Corporation) | MKSI (MKS Inc.) | |
|---|---|---|
| 1-year return | +83.0% | +157.5% |
| 5-year return | +92.0% | +88.2% |
| Volatility (ann.) | 53.9% | 50.8% |
| Beta vs S&P 500 | 2.02 | 2.39 |
| Max drawdown (3Y) | -61.1% | -59.1% |
| Market cap | $17.1B | $18.3B |
| P/E (trailing) | 481.9 | 43.3 |
| Dividend yield | 0.00% | 0.35% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LSCC | MKSI |
|---|---|---|
| 2022 | -15.8% | -51.0% |
| 2023 | +6.3% | +22.6% |
| 2024 | -17.9% | +2.2% |
| 2025 | +29.9% | +54.4% |
| 2026 | +63.7% | +70.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LSCC and MKSI good diversifiers for each other?
To a limited degree. At 0.61 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 LSCC and MKSI?
Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.57 over the last year and 0.62 over 5 years.
Is MKSI a good diversifier for LSCC?
To a limited degree. At 0.61 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 0.61 mean?
On the −1 to +1 scale, 0.61 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/lscc-vs-mksi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lscc-vs-mksi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LSCC correlations · MKSI correlations
