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TTMI vs VSH: Correlation

How closely do TTM Technologies, Inc. (TTMI) and Vishay Intertechnology, Inc. (VSH) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.62
strong
Correlation (1Y)
0.65
last 12 months
Correlation (5Y)
0.61
long-run
Ann. covariance
1935.7
%² · weekly, annualized

How correlated are TTMI and VSH?

Across a 3-year window, the weekly returns of TTMI and VSH correlate at 0.62, strong. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. Stretching to 5 years gives 0.61, with an annualized covariance of 1935.7 %².

Within TTMI's tracked universe of 14 assets, VSH comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TTMI outperformed by 71.7 percentage points (+180.3% for TTMI against +108.6% for VSH).

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.

TTMI vs VSH: side by side

TTMI (TTM Technologies, Inc.)VSH (Vishay Intertechnology, Inc.)
1-year return+180.3%+108.6%
5-year return+785.9%+55.5%
Volatility (ann.)60.7%51.7%
Beta vs S&P 5002.231.86
Max drawdown (3Y)-54.0%-60.4%
Market cap$13.1B$4.9B
P/E (trailing)54.9151.1
Dividend yield0.00%1.30%
Sector / categoryUS ListedUS Listed
Lower P/E: TTMI 54.9 vs 151.1Higher yield: VSH 1.30% vs 0.00%Smaller drawdown: TTMI -54.0% vs -60.4%Higher 5y return: TTMI +785.9% vs +55.5%
-19%0%+354%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). TTMI · VSH

Year-by-year returns

YearTTMIVSH
2022+1.2%+0.7%
2023+4.8%+13.0%
2024+56.5%-27.9%
2025+178.8%-12.2%
2026+80.8%+120.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are TTMI and VSH good diversifiers for each other?

Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between TTMI and VSH?

The TTMI/VSH correlation stands at 0.62 on a 3-year window (1 year: 0.65, 5 years: 0.61), computed from weekly returns as of 2026-08-27.

Is VSH a good diversifier for TTMI?

Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.62 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

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TTMI vs VSH: 3-year weekly correlation 0.62TTMI vs VSH0.62

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Related comparisons

Hubs: TTMI correlations · VSH correlations