ONTO vs SVCO: Correlation
Measured on weekly returns over the past three years, Onto Innovation Inc. (ONTO) and Silvaco Group, Inc. (SVCO) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ONTO and SVCO?
On 3 years of weekly data the ONTO/SVCO correlation comes out at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.27 versus 0.38 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 1912.6 %².
SVCO is close to the least connected end of ONTO's tracked universe, ranking #10 of 14. Correlation aside, the last 12 months split them widely, with ONTO ahead by 123.8 points (+171.0% versus +47.2%).
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.
ONTO vs SVCO: side by side
| ONTO (Onto Innovation Inc.) | SVCO (Silvaco Group, Inc.) | |
|---|---|---|
| 1-year return | +171.0% | +47.2% |
| 5-year return | +288.7% | n/a |
| Volatility (ann.) | 58.7% | 80.2% |
| Beta vs S&P 500 | 2.32 | 1.47 |
| Max drawdown (3Y) | -62.8% | -83.8% |
| Market cap | $17.9B | $0.2B |
| P/E (trailing) | 110.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ONTO | SVCO |
|---|---|---|
| 2022 | -32.7% | – |
| 2023 | +124.6% | – |
| 2024 | +9.0% | – |
| 2025 | -5.3% | -49.9% |
| 2026 | +85.4% | +78.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ONTO and SVCO good diversifiers for each other?
Reasonably. At 0.38, ONTO and SVCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ONTO and SVCO?
As of 2026-08-27, the correlation of weekly returns between ONTO and SVCO is 0.38 over 3 years, 0.27 over 1 year and n/a over 5 years.
Is SVCO a good diversifier for ONTO?
Reasonably. At 0.38, ONTO and SVCO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/onto-vs-svco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/onto-vs-svco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ONTO correlations · SVCO correlations
