STK vs SWKS: Correlation
Measured on weekly returns over the past three years, Columbia Seligman Premium Technology Growth Fund Inc (STK) and Skyworks Solutions (SWKS) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STK and SWKS?
Across a 3-year window, the weekly returns of STK and SWKS correlate at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Stretching to 5 years gives 0.62, with an annualized covariance of 580.7 %².
Within STK's tracked universe of 33 assets, SWKS comes in at #21 by 3-year correlation. The last year tells two different stories: STK led by 85.5 percentage points, +76.8% for STK against -8.7% for SWKS. One caveat on sizing: SWKS is 1.5 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.
STK vs SWKS: side by side
| STK (Columbia Seligman Premium Technology Growth Fund Inc) | SWKS (Skyworks Solutions) | |
|---|---|---|
| 1-year return | +76.8% | -8.7% |
| 5-year return | +153.2% | -58.3% |
| Volatility (ann.) | 26.4% | 40.0% |
| Beta vs S&P 500 | 1.51 | 1.43 |
| Max drawdown (3Y) | -26.6% | -58.2% |
| Market cap | – | $10.1B |
| P/E (trailing) | 5.9 | 34.9 |
| Dividend yield | 0.00% | 4.26% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | STK | SWKS |
|---|---|---|
| 2022 | -30.4% | -39.9% |
| 2023 | +49.2% | +26.5% |
| 2024 | +17.7% | -18.9% |
| 2025 | +24.9% | -25.5% |
| 2026 | +47.2% | +8.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STK and SWKS good diversifiers for each other?
To a limited degree. At 0.55 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 STK and SWKS?
The STK/SWKS correlation stands at 0.55 on a 3-year window (1 year: 0.56, 5 years: 0.62), computed from weekly returns as of 2026-08-27.
Is SWKS a good diversifier for STK?
To a limited degree. At 0.55 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 0.55 mean?
On the −1 to +1 scale, 0.55 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: STK correlations · SWKS correlations
