Home › Stocks › SANM

SANM correlations (Sanmina Corporation)

Which assets move with SANM 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.)

46.6%

3y weekly

Beta vs S&P 500

1.34

3y weekly

1-year return

+73.9%

price, adjusted

5-year return

+410.5%

price, adjusted

Market cap

$10.9B

latest

P/E ratio

35.6

trailing

Max drawdown

-42.0%

3y, daily closes

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

Stocks and ETFs most correlated with SANM

Asset		Correlation (3Y)
BHE	Benchmark Electronics, Inc.	0.58
FLEX	Flex Ltd.	0.56
JBL	Jabil	0.56
NVT	nVent Electric plc	0.55
AEIS	Advanced Energy Industries, Inc.	0.53

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

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.38
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.33
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.32

Free API · no key required

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

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

ETF		SANM weight
MDY	SPDR S&P MidCap 400 ETF	0.29%