NVTS vs QSI: Correlation
Measured on weekly returns over the past three years, Navitas Semiconductor Corporation (NVTS) and Quantum-Si Incorporated (QSI) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NVTS and QSI?
Across a 3-year window, the weekly returns of NVTS and QSI correlate at 0.44, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.66 versus 0.44 over 3 years. Stretching to 5 years gives 0.45, with an annualized covariance of 8261.5 %².
Few assets follow NVTS as closely as QSI, which ranks #2 of 22 tracked partners. Their recent paths diverged sharply: over the last 12 months NVTS outperformed by 136.9 percentage points (+106.1% for NVTS against -30.8% for QSI).
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.
NVTS vs QSI: side by side
| NVTS (Navitas Semiconductor Corporation) | QSI (Quantum-Si Incorporated) | |
|---|---|---|
| 1-year return | +106.1% | -30.8% |
| 5-year return | -2.3% | -91.5% |
| Volatility (ann.) | 122.7% | 152.9% |
| Beta vs S&P 500 | 2.11 | 2.93 |
| Max drawdown (3Y) | -81.8% | -83.6% |
| Market cap | $3.3B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NVTS | QSI |
|---|---|---|
| 2022 | -79.4% | -76.7% |
| 2023 | +129.9% | +9.8% |
| 2024 | -55.8% | +34.3% |
| 2025 | +100.0% | -59.3% |
| 2026 | +75.2% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NVTS and QSI good diversifiers for each other?
Reasonably. At 0.44, NVTS and QSI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NVTS and QSI?
The NVTS/QSI correlation stands at 0.44 on a 3-year window (1 year: 0.66, 5 years: 0.45), computed from weekly returns as of 2026-08-27.
Is QSI a good diversifier for NVTS?
Reasonably. At 0.44, NVTS and QSI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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
$ curl https://www.pairbook.io/api/v1/pairs/nvts-vs-qsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nvts-vs-qsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NVTS correlations · QSI correlations
