MXL vs TRT: Correlation
Measured on weekly returns over the past three years, MaxLinear, Inc (MXL) and Trio-Tech International (TRT) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MXL and TRT?
Across a 3-year window, the weekly returns of MXL and TRT correlate at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.62) runs above the 3-year figure (0.49). Stretching to 5 years gives 0.44, with an annualized covariance of 5562.5 %².
Within MXL's tracked universe of 24 assets, TRT comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TRT ahead by 16.6 points (+278.9% versus +295.5%).
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 TRT: side by side
| MXL (MaxLinear, Inc) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +278.9% | +295.5% |
| 5-year return | +19.8% | +365.8% |
| Volatility (ann.) | 105.2% | 107.4% |
| Beta vs S&P 500 | 2.50 | 0.18 |
| Max drawdown (3Y) | -63.9% | -54.6% |
| Market cap | $5.8B | – |
| P/E (trailing) | – | 209.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MXL | TRT |
|---|---|---|
| 2022 | -55.0% | -66.5% |
| 2023 | -30.0% | +12.7% |
| 2024 | -16.8% | +14.6% |
| 2025 | -11.9% | +127.9% |
| 2026 | +263.9% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MXL and TRT good diversifiers for each other?
Reasonably. At 0.49, MXL and TRT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MXL and TRT?
The MXL/TRT correlation stands at 0.49 on a 3-year window (1 year: 0.62, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is TRT a good diversifier for MXL?
Reasonably. At 0.49, MXL and TRT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/mxl-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mxl-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MXL correlations · TRT correlations
