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FLEX correlations (Flex Ltd.)

Which assets move with FLEX 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 · Electronic Manufacturing Services

Volatility (ann.)
50.9%
3y weekly
Beta vs S&P 500
1.70
3y weekly
1-year return
+114.6%
price, adjusted
5-year return
+716.5%
price, adjusted
Market cap
$42.6B
latest
P/E ratio
43.2
trailing
Max drawdown
-40.0%
3y, daily closes
-1%0%+173%2025-09-052026-08-27
FLEX over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with FLEX

AssetCorrelation (3Y)
STRLSterling Infrastructure, Inc.0.71
AAONAAON, Inc.0.63
SITMSiTime Corporation0.62
SOXXiShares Semiconductor ETF0.61
MTUMiShares MSCI USA Momentum Factor ETF0.60
SMHVanEck Semiconductor ETF0.60
MTSIMACOM Technology Solutions Holdings, Inc.0.60
MUMicron Technology0.59
JBLJabil0.58
SYNASynaptics Incorporated0.57
DOCNDigitalOcean Holdings, Inc.0.57
XLKTechnology Select Sector SPDR Fund0.57
LFUSLittelfuse, Inc.0.56
SANMSanmina Corporation0.56
FLNCFluence Energy, Inc.0.55

Best diversifiers for FLEX

If the goal is offsetting FLEX, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.45
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.40
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.37
ZTSZoetis-0.32
CORCencora-0.28
EMBCEmbecta Corp.-0.28
EDConsolidated Edison-0.24
SOSouthern Company-0.23
ALMSAlumis Inc.-0.22
BRBRBellRing Brands, Inc.-0.21

FLEX vs benchmarks

FLEX vs SPY 0.48 FLEX vs QQQ 0.52 FLEX vs XLK 0.57

FLEX vs its peers

FLEX vs MU 0.59 FLEX vs JBL 0.58 FLEX vs GLW 0.52 FLEX vs DELL 0.52 FLEX vs AMD 0.50

Get FLEX data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/flex.json

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

FLEX inside major ETFs

ETFFLEX weight
MTUMiShares MSCI USA Momentum Factor ETF0.28%
XLKTechnology Select Sector SPDR Fund0.28%
RSPInvesco S&P 500 Equal Weight ETF0.15%
SPYGSPDR Portfolio S&P 500 Growth ETF0.12%
VOOVanguard S&P 500 ETF0.07%
VUGVanguard Growth ETF0.07%
IVViShares Core S&P 500 ETF0.06%
SPYSPDR S&P 500 ETF Trust0.06%
VTIVanguard Total Stock Market ETF0.06%