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MXL vs POET: Correlation

MaxLinear, Inc (MXL) and POET Technologies Inc. (POET) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.

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

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.63
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
5779.9
%² · weekly, annualized

How correlated are MXL and POET?

Across a 3-year window, the weekly returns of MXL and POET correlate at 0.37, moderate. The past 12 months show a tighter link (0.63) than the 3-year average (0.37). Stretching to 5 years gives 0.34, with an annualized covariance of 5779.9 %².

By 3-year correlation, POET places #12 of the 24 assets tracked against MXL. The last year tells two different stories: MXL led by 226.7 percentage points, +278.9% for MXL against +52.2% for POET.

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.

MXL vs POET: side by side

MXL (MaxLinear, Inc)POET (POET Technologies Inc.)
1-year return+278.9%+52.2%
5-year return+19.8%-3.6%
Volatility (ann.)105.2%150.2%
Beta vs S&P 5002.502.33
Max drawdown (3Y)-63.9%-80.1%
Market cap$5.8B$1.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: MXL -63.9% vs -80.1%Higher 5y return: MXL +19.8% vs -3.6%
-19%0%+539%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). MXL · POET

Year-by-year returns

YearMXLPOET
2022-55.0%-57.5%
2023-30.0%-68.9%
2024-16.8%+533.0%
2025-11.9%+6.4%
2026+263.9%+29.4%

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

Are MXL and POET good diversifiers for each other?

Reasonably. At 0.37, MXL and POET keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between MXL and POET?

The MXL/POET correlation stands at 0.37 on a 3-year window (1 year: 0.63, 5 years: 0.34), computed from weekly returns as of 2026-08-27.

Is POET a good diversifier for MXL?

Reasonably. At 0.37, MXL and POET keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.37 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

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MXL vs POET: 3-year weekly correlation 0.37MXL vs POET0.37

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Related comparisons

Hubs: MXL correlations · POET correlations