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
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 500 | 1.97 | 1.86 |
| Max drawdown (3Y) | -63.8% | -60.4% |
| Market cap | $41.0B | $4.9B |
| P/E (trailing) | 109.4 | 151.1 |
| Dividend yield | 2.46% | 1.30% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | MCHP | VSH |
|---|---|---|
| 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mchp-vs-vsh.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mchp-vs-vsh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MCHP correlations · VSH correlations