AMAT vs. QCOM
AMAT (Applied Materials, Inc.) and QCOM (QUALCOMM Incorporated) are both stocks. Both are in the Technology sector — AMAT in Semiconductor Equipment & Materials, QCOM in Semiconductors. Over the past 10 years, AMAT returned 38.86%/yr vs 18.10%/yr for QCOM. At a 0.48 correlation, their price movements are largely independent.
Performance
AMAT vs. QCOM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMAT achieves a 121.28% return, which is significantly higher than QCOM's 25.03% return. Over the past 10 years, AMAT has outperformed QCOM with an annualized return of 38.86%, while QCOM has yielded a comparatively lower 18.10% 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%
QCOM
- 1D
- 4.32%
- 1M
- 5.47%
- YTD
- 25.03%
- 6M
- 19.95%
- 1Y
- 39.72%
- 3Y*
- 22.00%
- 5Y*
- 11.87%
- 10Y*
- 18.10%
AMAT vs. QCOM - 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% |
QCOM QUALCOMM Incorporated | 25.03% | 13.84% | 8.31% | 35.07% | -38.58% | 22.25% | 77.08% | 60.76% | -7.59% | 2.05% |
Correlation
The correlation between AMAT and QCOM is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 1991 | 0.48 |
The correlation between AMAT and QCOM shifts across timeframes, from 0.46 (1 year) to 0.69 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AMAT:
$453.23B
QCOM:
$226.96B
AMAT:
$10.61
QCOM:
$9.11
AMAT:
53.45
QCOM:
23.23
AMAT:
15.67
QCOM:
5.18
AMAT:
18.96
QCOM:
8.32
AMAT:
$29.02B
QCOM:
$44.49B
AMAT:
$14.21B
QCOM:
$24.38B
AMAT:
$9.92B
QCOM:
$12.92B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AMAT vs. QCOM — Risk / Return Rank
AMAT
QCOM
AMAT vs. QCOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and QUALCOMM Incorporated (QCOM). 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 | QCOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.19 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 10.67 | 1.10 | +9.57 |
| Martin ratioReturn relative to average drawdown | 30.41 | 2.44 | +27.97 |
Loading charts...
Drawdowns
AMAT vs. QCOM - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, roughly equal to the maximum QCOM drawdown of -86.75%. Use the drawdown chart below to compare losses from any high point for AMAT and QCOM.
Loading charts...
Drawdown Indicators
| AMAT | QCOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -86.75% | +1.53% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -33.13% | +11.76% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -44.23% | -5.65% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -44.29% | -10.85% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -44.29% | -10.85% |
Current DrawdownCurrent decline from peak | 0.00% | -15.34% | +15.34% |
Average DrawdownAverage peak-to-trough decline | -38.78% | -32.87% | -5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 14.89% | -7.40% |
Volatility
AMAT vs. QCOM - Volatility Comparison
The current volatility for Applied Materials, Inc. (AMAT) is 20.52%, while QUALCOMM Incorporated (QCOM) has a volatility of 27.32%. This indicates that AMAT experiences smaller price fluctuations and is considered to be less risky than QCOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMAT | QCOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.52% | 27.32% | -6.80% |
Volatility (6M)Calculated over the trailing 6-month period | 38.83% | 42.18% | -3.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.03% | 48.52% | +0.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 41.17% | +3.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.94% | 39.28% | +3.66% |
Dividends
AMAT vs. QCOM - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.34%, less than QCOM's 1.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QCOM QUALCOMM Incorporated | 1.70% | 2.06% | 2.18% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% |
Financials
AMAT vs. QCOM - Financials Comparison
This section allows you to compare key financial metrics between Applied Materials, Inc. and QUALCOMM Incorporated. 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. QCOM - 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%.
QCOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QUALCOMM Incorporated reported a gross profit of 5.70B and revenue of 10.60B. Therefore, the gross margin over that period was 53.8%.
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%.
QCOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QUALCOMM Incorporated reported an operating income of 2.31B and revenue of 10.60B, resulting in an operating margin of 21.8%.
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%.
QCOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QUALCOMM Incorporated reported a net income of 7.37B and revenue of 10.60B, resulting in a net margin of 69.5%.
Frequently Asked Questions
AMAT and QCOM have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QCOM has higher volatility (27.32%) compared to AMAT (20.52%). In terms of maximum drawdown, AMAT dropped -85.22% vs QCOM's -86.75%.
AMAT currently has the higher Sharpe Ratio (4.65 vs 0.75), 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.
Find the right allocation for AMAT and QCOM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer