QCOM vs SYNA: Correlation
Qualcomm (QCOM) and Synaptics Incorporated (SYNA) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QCOM and SYNA?
Across a 3-year window, the weekly returns of QCOM and SYNA correlate at 0.63, strong. Recent behaviour matches the longer record: 0.60 over 1 year against 0.63 over 3. Stretching to 5 years gives 0.68, with an annualized covariance of 1330.6 %².
Among the 41 assets we track against QCOM, SYNA ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SYNA ahead by 32.5 points (+5.3% versus +37.8%).
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.
QCOM vs SYNA: side by side
| QCOM (Qualcomm) | SYNA (Synaptics Incorporated) | |
|---|---|---|
| 1-year return | +5.3% | +37.8% |
| 5-year return | +25.8% | -48.2% |
| Volatility (ann.) | 42.4% | 49.6% |
| Beta vs S&P 500 | 1.77 | 2.15 |
| Max drawdown (3Y) | -44.2% | -64.2% |
| Market cap | $176.0B | $3.8B |
| P/E (trailing) | 18.9 | – |
| Dividend yield | 2.19% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | QCOM | SYNA |
|---|---|---|
| 2022 | -38.6% | -67.1% |
| 2023 | +35.1% | +19.9% |
| 2024 | +8.3% | -33.1% |
| 2025 | +13.8% | -3.0% |
| 2026 | -2.7% | +31.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QCOM and SYNA good diversifiers for each other?
To a limited degree. At 0.63 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between QCOM and SYNA?
The QCOM/SYNA correlation stands at 0.63 on a 3-year window (1 year: 0.60, 5 years: 0.68), computed from weekly returns as of 2026-08-27.
Is SYNA a good diversifier for QCOM?
To a limited degree. At 0.63 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.63 mean?
A reading of 0.63 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/qcom-vs-syna.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qcom-vs-syna/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: QCOM correlations · SYNA correlations
