QCOM vs VLN: Correlation
How closely do Qualcomm (QCOM) and Valens Semiconductor Ltd. (VLN) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QCOM and VLN?
Over the past 3 years, QCOM and VLN moved with a correlation of 0.46, which is moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.46). Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 1535.8 %².
By 3-year correlation, VLN places #26 of the 41 assets tracked against QCOM. The trailing year gives QCOM the advantage: +5.3% versus -7.4%, a 12.7-point spread. One caveat on sizing: VLN is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VLN: side by side
| QCOM (Qualcomm) | VLN (Valens Semiconductor Ltd.) | |
|---|---|---|
| 1-year return | +5.3% | -7.4% |
| 5-year return | +25.8% | -74.7% |
| Volatility (ann.) | 42.4% | 79.0% |
| Beta vs S&P 500 | 1.77 | 2.08 |
| Max drawdown (3Y) | -44.2% | -67.9% |
| Market cap | $176.0B | $0.2B |
| P/E (trailing) | 18.9 | – |
| Dividend yield | 2.19% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | QCOM | VLN |
|---|---|---|
| 2022 | -38.6% | -30.3% |
| 2023 | +35.1% | -54.4% |
| 2024 | +8.3% | +6.1% |
| 2025 | +13.8% | -45.4% |
| 2026 | -2.7% | +31.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QCOM and VLN good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QCOM and VLN?
As of 2026-08-27, the correlation of weekly returns between QCOM and VLN is 0.46 over 3 years, 0.63 over 1 year and 0.40 over 5 years.
Is VLN a good diversifier for QCOM?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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-vln.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qcom-vs-vln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QCOM correlations · VLN correlations
