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NXPI vs SOTK: Correlation

Measured on weekly returns over the past three years, NXP Semiconductors (NXPI) and Sono-Tek Corporation (SOTK) carry a correlation of 0.30, a moderate link.

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

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.34
last 12 months
Correlation (5Y)
0.17
long-run
Ann. covariance
410.4
%² · weekly, annualized

How correlated are NXPI and SOTK?

Over the past 3 years, NXPI and SOTK moved with a correlation of 0.30, which is moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. Over 5 years the correlation is 0.17, and the annualized covariance of weekly returns is 410.4 %².

By 3-year correlation, SOTK places #25 of the 35 assets tracked against NXPI. The last year tells two different stories: SOTK led by 53.4 percentage points, -3.3% for NXPI against +50.1% for SOTK.

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.

NXPI vs SOTK: side by side

NXPI (NXP Semiconductors)SOTK (Sono-Tek Corporation)
1-year return-3.3%+50.1%
5-year return+8.6%+46.2%
Volatility (ann.)39.9%33.8%
Beta vs S&P 5001.530.46
Max drawdown (3Y)-46.5%-46.5%
Market cap$57.0B$0.1B
P/E (trailing)19.338.7
Dividend yield1.82%0.00%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: NXPI 19.3 vs 38.7Higher yield: NXPI 1.82% vs 0.00%Higher 5y return: SOTK +46.2% vs +8.6%
-15%0%+44%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. NXPI · SOTK

Year-by-year returns

YearNXPISOTK
2022-29.2%-13.6%
2023+48.4%-15.7%
2024-8.0%-25.9%
2025+6.4%+3.0%
2026+4.9%+21.8%

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

Are NXPI and SOTK good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between NXPI and SOTK?

Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.34 over the last year and 0.17 over 5 years.

Is SOTK a good diversifier for NXPI?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.30 mean?

A reading of 0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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NXPI vs SOTK: 3-year weekly correlation 0.30NXPI vs SOTK0.30

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Related comparisons

Hubs: NXPI correlations · SOTK correlations