NXPI vs VLN: Correlation
NXP Semiconductors (NXPI) and Valens Semiconductor Ltd. (VLN) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NXPI and VLN?
Over the past 3 years, NXPI and VLN moved with a correlation of 0.45, which is moderate. The past 12 months show a tighter link (0.61) than the 3-year average (0.45). Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 1422.3 %².
Within NXPI's tracked universe of 35 assets, VLN comes in at #21 by 3-year correlation. Neither side won the trailing year by much: -3.3% against -7.4%. Note the risk asymmetry: VLN runs 2.0 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.
NXPI vs VLN: side by side
| NXPI (NXP Semiconductors) | VLN (Valens Semiconductor Ltd.) | |
|---|---|---|
| 1-year return | -3.3% | -7.4% |
| 5-year return | +8.6% | -74.7% |
| Volatility (ann.) | 39.9% | 79.0% |
| Beta vs S&P 500 | 1.53 | 2.08 |
| Max drawdown (3Y) | -46.5% | -67.9% |
| Market cap | $57.0B | $0.2B |
| P/E (trailing) | 19.3 | – |
| Dividend yield | 1.82% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | NXPI | VLN |
|---|---|---|
| 2022 | -29.2% | -30.3% |
| 2023 | +48.4% | -54.4% |
| 2024 | -8.0% | +6.1% |
| 2025 | +6.4% | -45.4% |
| 2026 | +4.9% | +31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXPI and VLN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NXPI and VLN?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.61 over the last year and 0.37 over 5 years.
Is VLN a good diversifier for NXPI?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 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/nxpi-vs-vln.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nxpi-vs-vln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NXPI correlations · VLN correlations
