AMAT vs. SGOV
AMAT (Applied Materials, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, AMAT returned 30.20%/yr vs 3.54%/yr for SGOV. At a correlation of -0.02, they often move in opposite directions.
Performance
AMAT vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 95.71% return, which is significantly higher than SGOV's 1.52% return.
AMAT
- 1D
- 0.19%
- 1M
- 22.27%
- YTD
- 95.71%
- 6M
- 86.67%
- 1Y
- 212.10%
- 3Y*
- 56.66%
- 5Y*
- 30.20%
- 10Y*
- 36.92%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.52%
- 6M
- 1.79%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
AMAT vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 95.71% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 58.85% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.52% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between AMAT and SGOV is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.02 |
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Return for Risk
AMAT vs. SGOV — Risk / Return Rank
AMAT
SGOV
AMAT vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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 | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.64 | ||
| Sortino ratioReturn per unit of downside risk | -271.55 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 195.55 | -193.96 |
| Calmar ratioReturn relative to maximum drawdown | 9.99 | 398.20 | -388.21 |
| Martin ratioReturn relative to average drawdown | 28.56 | 4,462.00 | -4,433.44 |
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 | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.64 | 20.28 | -15.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 14.74 | -14.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 12.49 | -12.06 |
Drawdowns
AMAT vs. SGOV - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for AMAT and SGOV.
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Drawdown Indicators
| AMAT | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -0.03% | -85.19% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -0.01% | -21.36% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -0.01% | -49.87% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -0.03% | -55.11% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -38.81% | -0.00% | -38.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.46% | 0.00% | +7.46% |
Volatility
AMAT vs. SGOV - Volatility Comparison
Applied Materials, Inc. (AMAT) has a higher volatility of 14.64% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAT | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.64% | 0.05% | +14.59% |
Volatility (6M)Calculated over the trailing 6-month period | 35.09% | 0.13% | +34.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.04% | 0.20% | +45.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.56% | 0.24% | +43.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.60% | 0.24% | +42.36% |
Dividends
AMAT vs. SGOV - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.38%, less than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.38% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AMAT and SGOV 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 (14.64%) compared to SGOV (0.05%). In terms of maximum drawdown, AMAT dropped -85.22% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs 4.64), 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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