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MKSI vs RMBS: Correlation

MKS Inc. (MKSI) and Rambus, Inc. (RMBS) show a strong relationship: their 3-year correlation of weekly returns is 0.61.

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

Correlation (3Y)
0.61
strong
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.57
long-run
Ann. covariance
1843.4
%² · weekly, annualized

How correlated are MKSI and RMBS?

Over the past 3 years, MKSI and RMBS moved with a correlation of 0.61, which is strong. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Over 5 years the correlation is 0.57, and the annualized covariance of weekly returns is 1843.4 %².

Among the 41 assets we track against MKSI, RMBS ranks #26 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MKSI outperformed by 136.1 percentage points (+157.5% for MKSI against +21.4% for RMBS).

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.

MKSI vs RMBS: side by side

MKSI (MKS Inc.)RMBS (Rambus, Inc.)
1-year return+157.5%+21.4%
5-year return+88.2%+269.6%
Volatility (ann.)50.8%59.1%
Beta vs S&P 5002.392.22
Max drawdown (3Y)-59.1%-51.5%
Market cap$18.3B$9.9B
P/E (trailing)43.341.4
Dividend yield0.35%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: RMBS 41.4 vs 43.3Higher yield: MKSI 0.35% vs 0.00%Smaller drawdown: RMBS -51.5% vs -59.1%Higher 5y return: RMBS +269.6% vs +88.2%
0%+290%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. MKSI · RMBS

Year-by-year returns

YearMKSIRMBS
2022-51.0%+21.9%
2023+22.6%+90.5%
2024+2.2%-22.5%
2025+54.4%+73.8%
2026+70.0%-0.8%

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

Are MKSI and RMBS good diversifiers for each other?

Only partially. A correlation of 0.61 means MKSI and RMBS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between MKSI and RMBS?

Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.53 over the last year and 0.57 over 5 years.

Is RMBS a good diversifier for MKSI?

Only partially. A correlation of 0.61 means MKSI and RMBS share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

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.

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MKSI vs RMBS: 3-year weekly correlation 0.61MKSI vs RMBS0.61

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Hubs: MKSI correlations · RMBS correlations