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PENG correlations (Penguin Solutions, Inc.)

PENG 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.)

71.5%

3y weekly

Beta vs S&P 500

2.57

3y weekly

1-year return

+116.2%

price, adjusted

5-year return

+118.5%

price, adjusted

Market cap

$2.7B

latest

P/E ratio

37.2

trailing

Max drawdown

-50.5%

3y, daily closes

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

Stocks and ETFs most correlated with PENG

Asset		Correlation (3Y)
SOXX	iShares Semiconductor ETF	0.64
SMH	VanEck Semiconductor ETF	0.62
XLK	Technology Select Sector SPDR Fund	0.60
QQQM	Invesco Nasdaq 100 ETF	0.58
SYNA	Synaptics Incorporated	0.58

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

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.46
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.46
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.39

Free API · no key required

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

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

ETF		PENG weight
IWM	iShares Russell 2000 ETF	0.08%