AA vs. LRCX
AA (Alcoa Corporation) and LRCX (Lam Research Corporation) are both stocks. AA operates in Aluminum (Basic Materials), while LRCX operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, AA returned 14.08%/yr vs 43.22%/yr for LRCX. At a 0.37 correlation, their price movements are largely independent.
Performance
AA vs. LRCX - Performance Comparison
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Returns By Period
In the year-to-date period, AA achieves a 29.83% return, which is significantly lower than LRCX's 114.54% return.
AA
- 1D
- -0.30%
- 1M
- 0.64%
- YTD
- 29.83%
- 6M
- 49.53%
- 1Y
- 140.52%
- 3Y*
- 24.73%
- 5Y*
- 14.08%
- 10Y*
- —
LRCX
- 1D
- 1.18%
- 1M
- 24.16%
- YTD
- 114.54%
- 6M
- 128.79%
- 1Y
- 303.12%
- 3Y*
- 81.91%
- 5Y*
- 43.22%
- 10Y*
- 48.23%
AA vs. LRCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 29.83% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
LRCX Lam Research Corporation | 114.54% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
Correlation
The correlation between AA and LRCX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2016 | 0.37 |
Fundamentals
AA:
$18.13B
LRCX:
$463.20B
AA:
$3.92
LRCX:
$5.29
AA:
17.55
LRCX:
69.37
AA:
0.05
LRCX:
5.25
AA:
1.42
LRCX:
21.46
AA:
2.66
LRCX:
43.76
AA:
$12.66B
LRCX:
$21.68B
AA:
$948.00M
LRCX:
$10.84B
AA:
$1.70B
LRCX:
$6.10B
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Return for Risk
AA vs. LRCX — Risk / Return Rank
AA
LRCX
AA vs. LRCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alcoa Corporation (AA) and Lam Research Corporation (LRCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AA | LRCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.63 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 6.49 | 15.26 | -8.77 |
| Martin ratioReturn relative to average drawdown | 20.55 | 51.20 | -30.65 |
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Drawdowns
AA vs. LRCX - Drawdown Comparison
The maximum AA drawdown since its inception was -90.90%, roughly equal to the maximum LRCX drawdown of -87.90%. Use the drawdown chart below to compare losses from any high point for AA and LRCX.
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Drawdown Indicators
| AA | LRCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -87.90% | -3.00% |
Max Drawdown (1Y)Largest decline over 1 year | -21.77% | -20.01% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -52.25% | -47.10% | -5.15% |
Max Drawdown (5Y)Largest decline over 5 years | -75.46% | -56.39% | -19.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.39% | — |
Current DrawdownCurrent decline from peak | -24.27% | 0.00% | -24.27% |
Average DrawdownAverage peak-to-trough decline | -46.12% | -28.17% | -17.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.87% | 5.95% | +0.92% |
Volatility
AA vs. LRCX - Volatility Comparison
Alcoa Corporation (AA) and Lam Research Corporation (LRCX) have volatilities of 21.35% and 21.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AA | LRCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.35% | 21.52% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 41.11% | 43.63% | -2.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.44% | 52.78% | +1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.26% | 46.57% | +9.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.66% | 44.92% | +10.74% |
Dividends
AA vs. LRCX - Dividend Comparison
AA's dividend yield for the trailing twelve months is around 0.58%, more than LRCX's 0.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 0.58% | 0.75% | 1.06% | 1.18% | 0.88% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% |
LRCX Lam Research Corporation | 0.28% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Financials
AA vs. LRCX - Financials Comparison
This section allows you to compare key financial metrics between Alcoa Corporation and Lam Research Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AA vs. LRCX - Profitability Comparison
AA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a gross profit of 0.00 and revenue of 3.19B. Therefore, the gross margin over that period was 0.0%.
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a gross profit of 2.91B and revenue of 5.84B. Therefore, the gross margin over that period was 49.8%.
AA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported an operating income of 0.00 and revenue of 3.19B, resulting in an operating margin of 0.0%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported an operating income of 2.05B and revenue of 5.84B, resulting in an operating margin of 35.0%.
AA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a net income of 425.00M and revenue of 3.19B, resulting in a net margin of 13.3%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a net income of 1.83B and revenue of 5.84B, resulting in a net margin of 31.3%.
Frequently Asked Questions
AA and LRCX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (21.52%) compared to AA (21.35%). In terms of maximum drawdown, AA dropped -90.90% vs LRCX's -87.90%.
LRCX currently has the higher Sharpe Ratio (5.79 vs 2.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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