AMAT vs. ALLE
AMAT (Applied Materials, Inc.) and ALLE (Allegion plc) are both stocks. AMAT operates in Semiconductor Equipment & Materials (Technology), while ALLE operates in Security & Protection Services (Industrials). Over the past 10 years, AMAT returned 38.86%/yr vs 8.36%/yr for ALLE. At a 0.41 correlation, their price movements are largely independent.
Performance
AMAT vs. ALLE - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 121.28% return, which is significantly higher than ALLE's -15.54% return. Over the past 10 years, AMAT has outperformed ALLE with an annualized return of 38.86%, while ALLE has yielded a comparatively lower 8.36% annualized return.
AMAT
- 1D
- 2.64%
- 1M
- 30.08%
- YTD
- 121.28%
- 6M
- 119.38%
- 1Y
- 234.96%
- 3Y*
- 60.05%
- 5Y*
- 34.02%
- 10Y*
- 38.86%
ALLE
- 1D
- 0.19%
- 1M
- 6.62%
- YTD
- -15.54%
- 6M
- -16.12%
- 1Y
- -0.00%
- 3Y*
- 5.93%
- 5Y*
- 0.75%
- 10Y*
- 8.36%
AMAT vs. ALLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 121.28% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 43.29% | 89.86% | -34.92% | 59.86% |
ALLE Allegion plc | -15.54% | 23.54% | 4.66% | 22.32% | -19.26% | 15.06% | -5.41% | 57.89% | 1.18% | 25.32% |
Correlation
The correlation between AMAT and ALLE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2013 | 0.41 |
Over the past year, the correlation between AMAT and ALLE has dropped to 0.17 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
AMAT:
$453.23B
ALLE:
$11.60B
AMAT:
$10.61
ALLE:
$7.33
AMAT:
53.45
ALLE:
18.29
AMAT:
6.80
ALLE:
2.04
AMAT:
15.67
ALLE:
2.79
AMAT:
18.96
ALLE:
5.52
AMAT:
$29.02B
ALLE:
$4.16B
AMAT:
$14.21B
ALLE:
$1.87B
AMAT:
$9.92B
ALLE:
$965.50M
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Return for Risk
AMAT vs. ALLE — Risk / Return Rank
AMAT
ALLE
AMAT vs. ALLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and Allegion plc (ALLE). 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.
| AMAT | ALLE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.74 | ||
| Sortino ratioReturn per unit of downside risk | +4.07 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.01 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 10.67 | -0.07 | +10.74 |
| Martin ratioReturn relative to average drawdown | 30.41 | -0.16 | +30.57 |
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Drawdowns
AMAT vs. ALLE - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, which is greater than ALLE's maximum drawdown of -43.25%. Use the drawdown chart below to compare losses from any high point for AMAT and ALLE.
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Drawdown Indicators
| AMAT | ALLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -43.25% | -41.97% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -29.84% | +8.47% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -29.84% | -20.04% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -38.87% | -16.27% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -43.25% | -11.89% |
Current DrawdownCurrent decline from peak | 0.00% | -25.19% | +25.19% |
Average DrawdownAverage peak-to-trough decline | -38.78% | -11.00% | -27.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 13.18% | -5.69% |
Volatility
AMAT vs. ALLE - Volatility Comparison
Applied Materials, Inc. (AMAT) has a higher volatility of 20.52% compared to Allegion plc (ALLE) at 7.88%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier than ALLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAT | ALLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.52% | 7.88% | +12.64% |
Volatility (6M)Calculated over the trailing 6-month period | 38.83% | 20.08% | +18.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.03% | 25.14% | +23.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 26.10% | +18.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.94% | 26.81% | +16.13% |
Dividends
AMAT vs. ALLE - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.34%, less than ALLE's 1.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.17% | 1.28% | 1.47% | 1.42% | 1.56% | 1.09% | 1.10% | 0.87% | 1.05% | 0.80% | 0.75% | 0.61% |
AMAT Applied Materials, Inc. | 0.34% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
Financials
AMAT vs. ALLE - Financials Comparison
This section allows you to compare key financial metrics between Applied Materials, Inc. and Allegion plc. 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
AMAT vs. ALLE - Profitability Comparison
AMAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported a gross profit of 3.95B and revenue of 7.91B. Therefore, the gross margin over that period was 49.9%.
ALLE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegion plc reported a gross profit of 454.50M and revenue of 1.03B. Therefore, the gross margin over that period was 44.0%.
AMAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported an operating income of 2.52B and revenue of 7.91B, resulting in an operating margin of 31.9%.
ALLE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegion plc reported an operating income of 195.30M and revenue of 1.03B, resulting in an operating margin of 18.9%.
AMAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported a net income of 2.81B and revenue of 7.91B, resulting in a net margin of 35.5%.
ALLE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegion plc reported a net income of 138.10M and revenue of 1.03B, resulting in a net margin of 13.4%.
Frequently Asked Questions
AMAT and ALLE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMAT has higher volatility (20.52%) compared to ALLE (7.88%). In terms of maximum drawdown, AMAT dropped -85.22% vs ALLE's -43.25%.
AMAT currently has the higher Sharpe Ratio (4.65 vs -0.08), 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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