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ALAB correlations (Astera Labs, Inc.)

ALAB measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

84.6%

3y weekly

Beta vs S&P 500

2.90

3y weekly

1-year return

+69.7%

price, adjusted

5-year return

n/a

price, adjusted

Market cap

$52.8B

latest

P/E ratio

142.8

trailing

Max drawdown

-63.7%

3y, daily closes

ALAB over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ALAB

Asset		Correlation (3Y)
CRDO	Credo Technology Group Holding Ltd	0.62
BST	BlackRock Science and Technology Trust	0.56
BSTZ	BlackRock Science and Technology Term Trust	0.56
ANET	Arista Networks	0.54
CLS	Celestica, Inc.	0.54

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ALAB.

Asset		Correlation (3Y)
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.49
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.40
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.38

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/alab.json

Correlations, diversifiers, beta and volatility for ALAB, plus one endpoint per pair. API documentation.

ETF		ALAB weight
SOXX	iShares Semiconductor ETF	2.26%
QQQ	Invesco QQQ Trust	0.22%
QQQM	Invesco Nasdaq 100 ETF	0.22%
MTUM	iShares MSCI USA Momentum Factor ETF	0.2%
USMV	iShares MSCI USA Min Vol Factor ETF	0.13%
VUG	Vanguard Growth ETF	0.08%
VTI	Vanguard Total Stock Market ETF	0.07%