ALGM vs. CARG
ALGM (Allegro MicroSystems, Inc.) and CARG (CarGurus, Inc.) are both stocks. ALGM operates in Semiconductors (Technology), while CARG operates in Internet Content & Information (Communication Services). Over the past 5 years, ALGM returned 15.15%/yr vs 2.02%/yr for CARG. At a 0.36 correlation, their price movements are largely independent.
Performance
ALGM vs. CARG - Performance Comparison
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Returns By Period
In the year-to-date period, ALGM achieves a 110.46% return, which is significantly higher than CARG's -20.63% return.
ALGM
- 1D
- -9.84%
- 1M
- 20.83%
- YTD
- 110.46%
- 6M
- 102.26%
- 1Y
- 74.15%
- 3Y*
- 10.41%
- 5Y*
- 15.15%
- 10Y*
- —
CARG
- 1D
- 1.20%
- 1M
- 7.79%
- YTD
- -20.63%
- 6M
- -22.01%
- 1Y
- -6.42%
- 3Y*
- 13.88%
- 5Y*
- 2.02%
- 10Y*
- —
ALGM vs. CARG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ALGM Allegro MicroSystems, Inc. | 110.46% | 20.68% | -27.78% | 0.83% | -17.03% | 35.71% | 37.42% |
CARG CarGurus, Inc. | -20.63% | 4.95% | 51.24% | 72.45% | -58.35% | 6.02% | 56.31% |
Correlation
The correlation between ALGM and CARG is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020 | 0.36 |
Over the past year, the correlation between ALGM and CARG has dropped to 0.07 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
Fundamentals
ALGM:
$10.29B
CARG:
$2.89B
ALGM:
-$0.08
CARG:
$1.52
ALGM:
11.58
CARG:
3.11
ALGM:
10.76
CARG:
12.21
ALGM:
$890.10M
CARG:
$957.38M
ALGM:
$411.97M
CARG:
$860.45M
ALGM:
$60.02M
CARG:
$251.92M
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Return for Risk
ALGM vs. CARG — Risk / Return Rank
ALGM
CARG
ALGM vs. CARG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegro MicroSystems, Inc. (ALGM) and CarGurus, Inc. (CARG). 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.
| ALGM | CARG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.00 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | -0.21 | +2.11 |
| Martin ratioReturn relative to average drawdown | 3.97 | -0.47 | +4.45 |
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Drawdowns
ALGM vs. CARG - Drawdown Comparison
The maximum ALGM drawdown since its inception was -68.65%, smaller than the maximum CARG drawdown of -78.66%. Use the drawdown chart below to compare losses from any high point for ALGM and CARG.
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Drawdown Indicators
| ALGM | CARG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.65% | -78.66% | +10.01% |
Max Drawdown (1Y)Largest decline over 1 year | -39.22% | -30.92% | -8.30% |
Max Drawdown (3Y)Largest decline over 3 years | -68.65% | -37.88% | -30.77% |
Max Drawdown (5Y)Largest decline over 5 years | -68.65% | -75.38% | +6.73% |
Current DrawdownCurrent decline from peak | -9.84% | -45.56% | +35.72% |
Average DrawdownAverage peak-to-trough decline | -31.75% | -44.06% | +12.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.72% | 13.66% | +5.06% |
Volatility
ALGM vs. CARG - Volatility Comparison
Allegro MicroSystems, Inc. (ALGM) has a higher volatility of 30.06% compared to CarGurus, Inc. (CARG) at 12.74%. This indicates that ALGM's price experiences larger fluctuations and is considered to be riskier than CARG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALGM | CARG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.06% | 12.74% | +17.32% |
Volatility (6M)Calculated over the trailing 6-month period | 48.81% | 29.86% | +18.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.38% | 36.69% | +20.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.16% | 50.43% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.42% | 50.64% | +1.78% |
Dividends
ALGM vs. CARG - Dividend Comparison
Neither ALGM nor CARG has paid dividends to shareholders.
Financials
ALGM vs. CARG - Financials Comparison
This section allows you to compare key financial metrics between Allegro MicroSystems, Inc. and CarGurus, Inc.. 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
ALGM vs. CARG - Profitability Comparison
ALGM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegro MicroSystems, Inc. reported a gross profit of 114.28M and revenue of 243.19M. Therefore, the gross margin over that period was 47.0%.
CARG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported a gross profit of 224.62M and revenue of 243.56M. Therefore, the gross margin over that period was 92.2%.
ALGM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegro MicroSystems, Inc. reported an operating income of 5.41M and revenue of 243.19M, resulting in an operating margin of 2.2%.
CARG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported an operating income of 40.08M and revenue of 243.56M, resulting in an operating margin of 16.5%.
ALGM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegro MicroSystems, Inc. reported a net income of -16.49M and revenue of 243.19M, resulting in a net margin of -6.8%.
CARG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CarGurus, Inc. reported a net income of 32.23M and revenue of 243.56M, resulting in a net margin of 13.2%.
Frequently Asked Questions
ALGM and CARG have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGM has higher volatility (30.06%) compared to CARG (12.74%). In terms of maximum drawdown, ALGM dropped -68.65% vs CARG's -78.66%.
ALGM currently has the higher Sharpe Ratio (1.30 vs -0.18), 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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