ADI vs. QRVO

Last updated Jun 13, 2026

ADI (Analog Devices, Inc.) and QRVO (Qorvo, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, ADI returned 24.34%/yr vs 6.12%/yr for QRVO. A 0.69 correlation means they provide meaningful diversification when combined.

Performance

ADI vs. QRVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Analog Devices, Inc. (ADI) and Qorvo, Inc. (QRVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADI achieves a 54.96% return, which is significantly higher than QRVO's 16.66% return. Over the past 10 years, ADI has outperformed QRVO with an annualized return of 24.34%, while QRVO has yielded a comparatively lower 6.12% annualized return.

ADI

• 1D: 1.37%
• 1M: -3.11%
• YTD: 54.96%
• 6M: 50.45%
• 1Y: 82.40%
• 3Y*: 31.61%
• 5Y*: 22.09%
• 10Y*: 24.34%

QRVO

• 1D: 0.95%
• 1M: 7.74%
• YTD: 16.66%
• 6M: 11.95%
• 1Y: 20.58%
• 3Y*: -1.41%
• 5Y*: -11.67%
• 10Y*: 6.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ADI vs. QRVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADI Analog Devices, Inc.	54.96%	29.75%	8.82%	23.36%	-4.91%	20.96%	26.87%	41.31%	-1.64%	25.30%
QRVO Qorvo, Inc.	16.66%	20.85%	-37.90%	24.24%	-42.04%	-5.94%	43.05%	91.39%	-8.81%	26.30%

Correlation

The correlation between ADI and QRVO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.69

The correlation between ADI and QRVO shifts across timeframes, from 0.57 (1 year) to 0.72 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ADI : $204.91B QRVO : $9.13B
EPS ADI : $6.72 QRVO : $3.63
PE Ratio ADI : 62.16 QRVO : 27.19
PEG Ratio ADI : 3.83 QRVO : 0.25
PS Ratio ADI : 16.17 QRVO : 2.51
PB Ratio ADI : 6.07 QRVO : 2.73
Total Revenue (TTM) ADI : $12.74B QRVO : $3.68B
Gross Profit (TTM) ADI : $8.22B QRVO : $1.69B
EBITDA (TTM) ADI : $6.19B QRVO : $659.34M

Return for Risk

ADI vs. QRVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ADI

ADI Risk / Return Rank: 93
ADI Sharpe Ratio Rank: 94
ADI Sortino Ratio Rank: 93
ADI Omega Ratio Rank: 91
ADI Calmar Ratio Rank: 93
ADI Martin Ratio Rank: 93

QRVO

QRVO Risk / Return Rank: 60
QRVO Sharpe Ratio Rank: 63
QRVO Sortino Ratio Rank: 57
QRVO Omega Ratio Rank: 57
QRVO Calmar Ratio Rank: 63
QRVO Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ADI vs. QRVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Analog Devices, Inc. (ADI) and Qorvo, Inc. (QRVO). 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.

	ADI	QRVO	Difference
Sharpe ratio: Return per unit of total volatility	2.59	0.60	+1.99
Sortino ratio: Return per unit of downside risk	3.38	1.01	+2.36
Omega ratio: Gain probability vs. loss probability	1.42	1.13	+0.28
Calmar ratio: Return relative to maximum drawdown	5.27	0.94	+4.33
Martin ratio: Return relative to average drawdown	14.52	1.84	+12.68

ADI vs. QRVO - Sharpe Ratio Comparison

The current ADI Sharpe Ratio is 2.59, which is higher than the QRVO Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of ADI and QRVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADI vs. QRVO - Drawdown Comparison

The maximum ADI drawdown since its inception was -82.88%, which is greater than QRVO's maximum drawdown of -74.54%. Use the drawdown chart below to compare losses from any high point for ADI and QRVO.

Drawdown Indicators

	ADI	QRVO	Difference
Max Drawdown Largest peak-to-trough decline	-82.88%	-74.54%	-8.34%
Max Drawdown (1Y) Largest decline over 1 year	-15.73%	-21.97%	+6.24%
Max Drawdown (3Y) Largest decline over 3 years	-32.20%	-60.68%	+28.48%
Max Drawdown (5Y) Largest decline over 5 years	-32.20%	-74.03%	+41.83%
Max Drawdown (10Y) Largest decline over 10 years	-33.62%	-74.54%	+40.92%
Current Drawdown Current decline from peak	-4.54%	-50.59%	+46.05%
Average Drawdown Average peak-to-trough decline	-33.91%	-31.90%	-2.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.70%	11.21%	-5.51%

Volatility

ADI vs. QRVO - Volatility Comparison

Analog Devices, Inc. (ADI) and Qorvo, Inc. (QRVO) have volatilities of 14.81% and 14.93%, 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.

Volatility by Period

	ADI	QRVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.81%	14.93%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	25.30%	26.52%	-1.22%
Volatility (1Y) Calculated over the trailing 1-year period	32.01%	34.68%	-2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.13%	42.18%	-9.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.78%	42.04%	-9.26%

Dividends

ADI vs. QRVO - Dividend Comparison

ADI's dividend yield for the trailing twelve months is around 1.00%, while QRVO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADI Analog Devices, Inc.	1.00%	1.46%	1.73%	1.73%	1.85%	1.57%	1.68%	1.82%	2.24%	2.02%	2.31%	2.89%
QRVO Qorvo, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ADI vs. QRVO - Profitability Comparison

The chart below illustrates the profitability comparison between Analog Devices, Inc. and Qorvo, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ADI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported a gross profit of 2.44B and revenue of 3.62B. Therefore, the gross margin over that period was 67.3%.

QRVO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qorvo, Inc. reported a gross profit of 395.02M and revenue of 808.28M. Therefore, the gross margin over that period was 48.9%.

ADI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported an operating income of 1.38B and revenue of 3.62B, resulting in an operating margin of 38.1%.

QRVO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qorvo, Inc. reported an operating income of 31.51M and revenue of 808.28M, resulting in an operating margin of 3.9%.

ADI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported a net income of 1.18B and revenue of 3.62B, resulting in a net margin of 32.5%.

QRVO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qorvo, Inc. reported a net income of 29.73M and revenue of 808.28M, resulting in a net margin of 3.7%.

Frequently Asked Questions

Can I hold both ADI and QRVO in my portfolio?

ADI and QRVO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADI or QRVO?

QRVO has higher volatility (14.93%) compared to ADI (14.81%). In terms of maximum drawdown, ADI dropped -82.88% vs QRVO's -74.54%.

Which has better risk-adjusted returns?

ADI currently has the higher Sharpe Ratio (2.59 vs 0.60), 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.