AMAT vs. FCNCA
AMAT (Applied Materials, Inc.) and FCNCA (First Citizens BancShares, Inc.) are both stocks. AMAT operates in Semiconductor Equipment & Materials (Technology), while FCNCA operates in Banks - Regional (Financial Services). Over the past 10 years, AMAT returned 36.71%/yr vs 23.90%/yr for FCNCA. At a 0.25 correlation, their price movements are largely independent.
Performance
AMAT vs. FCNCA - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 91.99% return, which is significantly higher than FCNCA's -3.15% return. Over the past 10 years, AMAT has outperformed FCNCA with an annualized return of 36.71%, while FCNCA has yielded a comparatively lower 23.90% annualized return.
AMAT
- 1D
- 8.64%
- 1M
- 13.17%
- YTD
- 91.99%
- 6M
- 83.99%
- 1Y
- 197.34%
- 3Y*
- 54.75%
- 5Y*
- 30.69%
- 10Y*
- 36.71%
FCNCA
- 1D
- -0.04%
- 1M
- 6.38%
- YTD
- -3.15%
- 6M
- 5.50%
- 1Y
- 12.21%
- 3Y*
- 17.76%
- 5Y*
- 19.48%
- 10Y*
- 23.90%
AMAT vs. FCNCA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 91.99% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 43.29% | 89.86% | -34.92% | 59.86% |
FCNCA First Citizens BancShares, Inc. | -3.15% | 1.99% | 49.46% | 87.73% | -8.35% | 44.83% | 8.35% | 41.64% | -6.12% | 13.92% |
Correlation
The correlation between AMAT and FCNCA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 1992 | 0.25 |
The correlation between AMAT and FCNCA shifts across timeframes, from 0.11 (1 year) to 0.32 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AMAT:
$393.24B
FCNCA:
$24.74B
AMAT:
$10.61
FCNCA:
$179.22
AMAT:
46.38
FCNCA:
11.57
AMAT:
5.90
FCNCA:
0.05
AMAT:
13.60
FCNCA:
1.81
AMAT:
16.45
FCNCA:
1.22
AMAT:
$29.02B
FCNCA:
$14.45B
AMAT:
$14.21B
FCNCA:
$9.08B
AMAT:
$9.92B
FCNCA:
$3.47B
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Return for Risk
AMAT vs. FCNCA — Risk / Return Rank
AMAT
FCNCA
AMAT vs. FCNCA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and First Citizens BancShares, Inc. (FCNCA). 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.
| AMAT | FCNCA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.71 | ||
| Sortino ratioReturn per unit of downside risk | +3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.10 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 9.29 | 0.51 | +8.78 |
| Martin ratioReturn relative to average drawdown | 26.48 | 1.10 | +25.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMAT | FCNCA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.15 | 0.44 | +3.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.47 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 0.63 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.43 | 0.00 |
Drawdowns
AMAT vs. FCNCA - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, which is greater than FCNCA's maximum drawdown of -63.51%. Use the drawdown chart below to compare losses from any high point for AMAT and FCNCA.
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Drawdown Indicators
| AMAT | FCNCA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -63.51% | -21.71% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -24.00% | +2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -33.51% | -16.37% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -43.63% | -11.51% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -47.48% | -7.66% |
Current DrawdownCurrent decline from peak | -1.90% | -11.23% | +9.33% |
Average DrawdownAverage peak-to-trough decline | -38.80% | -13.96% | -24.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 11.14% | -3.65% |
Volatility
AMAT vs. FCNCA - Volatility Comparison
Applied Materials, Inc. (AMAT) has a higher volatility of 19.01% compared to First Citizens BancShares, Inc. (FCNCA) at 7.59%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier than FCNCA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAT | FCNCA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.01% | 7.59% | +11.42% |
Volatility (6M)Calculated over the trailing 6-month period | 37.52% | 20.44% | +17.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.94% | 27.75% | +20.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.93% | 41.74% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.81% | 38.11% | +4.70% |
Dividends
AMAT vs. FCNCA - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.39%, less than FCNCA's 0.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.39% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
FCNCA First Citizens BancShares, Inc. | 0.40% | 0.37% | 0.33% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% |
Financials
AMAT vs. FCNCA - Financials Comparison
This section allows you to compare key financial metrics between Applied Materials, Inc. and First Citizens BancShares, 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
AMAT vs. FCNCA - 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%.
FCNCA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported a gross profit of 2.31B and revenue of 3.48B. Therefore, the gross margin over that period was 66.5%.
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%.
FCNCA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported an operating income of 705.00M and revenue of 3.48B, resulting in an operating margin of 20.3%.
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%.
FCNCA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Citizens BancShares, Inc. reported a net income of 534.00M and revenue of 3.48B, resulting in a net margin of 15.4%.
Frequently Asked Questions
AMAT and FCNCA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMAT has higher volatility (19.01%) compared to FCNCA (7.59%). In terms of maximum drawdown, AMAT dropped -85.22% vs FCNCA's -63.51%.
AMAT currently has the higher Sharpe Ratio (4.15 vs 0.44), 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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