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SMTC correlations (Semtech Corporation)

Which assets move with SMTC 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.)

68.2%

3y weekly

Beta vs S&P 500

2.23

3y weekly

1-year return

+145.0%

price, adjusted

5-year return

+103.9%

price, adjusted

Market cap

$13.3B

latest

Max drawdown

-68.5%

3y, daily closes

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

Stocks and ETFs most correlated with SMTC

Asset		Correlation (3Y)
MTSI	MACOM Technology Solutions Holdings, Inc.	0.58
MKSI	MKS Inc.	0.53
MDY	SPDR S&P MidCap 400 ETF	0.53
IWM	iShares Russell 2000 ETF	0.51
VTI	Vanguard Total Stock Market ETF	0.49

These are the assets whose returns had the least to do with SMTC's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.43
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.41
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.34

Free API · no key required

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

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

ETF		SMTC weight
MDY	SPDR S&P MidCap 400 ETF	0.36%