Home › Stocks › PI

PI correlations (Impinj, Inc.)

Which assets move with PI and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

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

Volatility (ann.)

70.0%

3y weekly

Beta vs S&P 500

2.30

3y weekly

1-year return

-9.8%

price, adjusted

5-year return

+187.5%

price, adjusted

Market cap

$5.1B

latest

Max drawdown

-73.8%

3y, daily closes

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

Stocks and ETFs most correlated with PI

Asset		Correlation (3Y)
ZBRA	Zebra Technologies	0.51
XLY	Consumer Discretionary Select Sector SPDR Fund	0.51
MCHP	Microchip Technology	0.50
RVT	Royce Small-Cap Trust, Inc.	0.49
VTI	Vanguard Total Stock Market ETF	0.49

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

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.46
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.46
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.40

Free API · no key required

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

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

ETF		PI weight
IWM	iShares Russell 2000 ETF	0.15%