AVGO correlations (Broadcom)
Which assets move with AVGO and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Information Technology · Semiconductors
Volatility (ann.)
51.3%
3y weekly
Beta vs S&P 500
2.45
3y weekly
1-year return
+24.7%
price, adjusted
5-year return
+718.0%
price, adjusted
Market cap
$1,767.6B
latest
P/E ratio
59.2
trailing
Dividend yield
0.71%
trailing
Max drawdown
-41.1%
3y, daily closes
AVGO over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with AVGO
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGO | MicroSectors FANG Index 2X Leveraged ETNs due January 8 | 0.80 | |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 0.78 | |
| QQQ | Invesco QQQ Trust | 0.77 | |
| QQQM | Invesco Nasdaq 100 ETF | 0.77 | |
| XLK | Technology Select Sector SPDR Fund | 0.75 | |
| SMH | VanEck Semiconductor ETF | 0.75 | |
| VUG | Vanguard Growth ETF | 0.75 | |
| SOXX | iShares Semiconductor ETF | 0.72 | |
| IVV | iShares Core S&P 500 ETF | 0.69 | |
| MTUM | iShares MSCI USA Momentum Factor ETF | 0.69 | |
| VOO | Vanguard S&P 500 ETF | 0.69 | |
| SPY | SPDR S&P 500 ETF Trust | 0.69 | |
| STK | Columbia Seligman Premium Technology Growth Fund Inc | 0.67 | |
| VTI | Vanguard Total Stock Market ETF | 0.67 | |
| EOS | Eaton Vance Enhance Equity Income Fund II | 0.66 |
Best diversifiers for AVGO
If the goal is offsetting AVGO, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.79 | |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.46 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.42 | |
| ED | Consolidated Edison | -0.32 | |
| AWK | American Water Works | -0.22 | |
| MO | Altria | -0.22 | |
| AVA | Avista Corporation | -0.20 | |
| DUK | Duke Energy | -0.20 | |
| ALMS | Alumis Inc. | -0.20 | |
| BCE | BCE, Inc. | -0.20 |
AVGO vs benchmarks
AVGO vs its peers
Get AVGO data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/avgo.jsonCorrelations, diversifiers, beta and volatility for AVGO, plus one endpoint per pair. API documentation.
AVGO inside major ETFs
| ETF | AVGO weight | |
|---|---|---|
| VYM | Vanguard High Dividend Yield ETF | 7.37% |
| SOXX | iShares Semiconductor ETF | 7.11% |
| SPYG | SPDR Portfolio S&P 500 Growth ETF | 4.71% |
| VIG | Vanguard Dividend Appreciation ETF | 4.65% |
| XLK | Technology Select Sector SPDR Fund | 4.61% |
| VUG | Vanguard Growth ETF | 4.47% |
| MTUM | iShares MSCI USA Momentum Factor ETF | 4.25% |
| VOO | Vanguard S&P 500 ETF | 2.87% |
| QQQ | Invesco QQQ Trust | 2.71% |
| QQQM | Invesco Nasdaq 100 ETF | 2.71% |
