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MCHP vs VSH: Correlation

Measured on weekly returns over the past three years, Microchip Technology (MCHP) and Vishay Intertechnology, Inc. (VSH) carry a correlation of 0.64, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.64
strong
Correlation (1Y)
0.61
last 12 months
Correlation (5Y)
0.65
long-run
Ann. covariance
1552.4
%² · weekly, annualized

How correlated are MCHP and VSH?

Over the past 3 years, MCHP and VSH moved with a correlation of 0.64, which is strong. Little has changed lately, as the 1-year reading of 0.61 lands near the 3-year figure. Over 5 years the correlation is 0.65, and the annualized covariance of weekly returns is 1552.4 %².

Within MCHP's tracked universe of 44 assets, VSH comes in at #15 by 3-year correlation. The last year tells two different stories: VSH led by 92.4 percentage points, +16.2% for MCHP against +108.6% for VSH.

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.

MCHP vs VSH: side by side

MCHP (Microchip Technology)VSH (Vishay Intertechnology, Inc.)
1-year return+16.2%+108.6%
5-year return+5.9%+55.5%
Volatility (ann.)46.7%51.7%
Beta vs S&P 5001.971.86
Max drawdown (3Y)-63.8%-60.4%
Market cap$41.0B$4.9B
P/E (trailing)109.4151.1
Dividend yield2.46%1.30%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: MCHP 109.4 vs 151.1Higher yield: MCHP 2.46% vs 1.30%Smaller drawdown: VSH -60.4% vs -63.8%Higher 5y return: VSH +55.5% vs +5.9%
-23%0%+326%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MCHP · VSH

Year-by-year returns

YearMCHPVSH
2022-18.0%+0.7%
2023+30.9%+13.0%
2024-35.0%-27.9%
2025+14.6%-12.2%
2026+20.5%+120.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are MCHP and VSH good diversifiers for each other?

To a limited degree. At 0.64 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 MCHP and VSH?

As of 2026-08-27, the correlation of weekly returns between MCHP and VSH is 0.64 over 3 years, 0.61 over 1 year and 0.65 over 5 years.

Is VSH a good diversifier for MCHP?

To a limited degree. At 0.64 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 0.64 mean?

A reading of 0.64 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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MCHP vs VSH: 3-year weekly correlation 0.64MCHP vs VSH0.64

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Related comparisons

Hubs: MCHP correlations · VSH correlations