MPWR vs VUG: Correlation
How closely do Monolithic Power Systems (MPWR) and Vanguard Growth ETF (VUG) trade together? Their weekly returns over three years give a correlation of 0.65, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MPWR and VUG?
On 3 years of weekly data the MPWR/VUG correlation comes out at 0.65, strong. The link has loosened recently: the 1-year correlation (0.49) runs below the 3-year figure (0.65). The 5-year figure is 0.65, and annualized covariance runs at 610.4 %².
By 3-year correlation, VUG places #15 of the 41 assets tracked against MPWR. Their recent paths diverged sharply: over the last 12 months MPWR outperformed by 36.2 percentage points (+52.4% for MPWR against +16.2% for VUG). Across three years, the rolling one-year figure varied moderately, from 0.43 to 0.81. Note the risk asymmetry: MPWR runs 2.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MPWR vs VUG: side by side
| MPWR (Monolithic Power Systems) | VUG (Vanguard Growth ETF) | |
|---|---|---|
| 1-year return | +52.4% | +16.2% |
| 5-year return | +170.3% | +78.4% |
| Volatility (ann.) | 48.1% | 19.4% |
| Beta vs S&P 500 | 2.22 | 1.28 |
| Max drawdown (3Y) | -51.6% | -22.8% |
| Market cap | $64.4B | – |
| P/E (trailing) | 79.4 | – |
| Dividend yield | 0.55% | 0.40% |
| Expense ratio | – | 0.03% |
| Assets under management | – | $372.0B |
| Sector / category | Information Technology | ETF · US Style |
VUG, Vanguard's Large Growth fund, carries $372.0B under management, 146 holdings, a 0.03% expense ratio, a 0.40% trailing dividend yield.
Year-by-year returns
| Year | MPWR | VUG |
|---|---|---|
| 2022 | -27.8% | -33.2% |
| 2023 | +79.8% | +46.8% |
| 2024 | -5.6% | +32.7% |
| 2025 | +54.5% | +19.4% |
| 2026 | +45.2% | +9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
Keep in mind that VUG holds MPWR at a 0.2% weight, which makes a slice of this correlation mechanical rather than coincidental.
Are MPWR and VUG good diversifiers for each other?
Only partially. A correlation of 0.65 means MPWR and VUG 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 MPWR and VUG?
As of 2026-08-27, the correlation of weekly returns between MPWR and VUG is 0.65 over 3 years, 0.49 over 1 year and 0.65 over 5 years.
Is VUG a good diversifier for MPWR?
Only partially. A correlation of 0.65 means MPWR and VUG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 mean?
A reading of 0.65 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/mpwr-vs-vug.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mpwr-vs-vug/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MPWR correlations · VUG correlations
