AMAT vs. STX
AMAT (Applied Materials, Inc.) and STX (Seagate Technology plc) are both stocks. Both are in the Technology sector — AMAT in Semiconductor Equipment & Materials, STX in Computer Hardware. Over the past 10 years, AMAT returned 38.86%/yr vs 51.08%/yr for STX. At a 0.47 correlation, their price movements are largely independent.
Performance
AMAT vs. STX - Performance Comparison
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Returns By Period
In the year-to-date period, AMAT achieves a 121.28% return, which is significantly lower than STX's 238.67% return. Over the past 10 years, AMAT has underperformed STX with an annualized return of 38.86%, while STX has yielded a comparatively higher 51.08% 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%
STX
- 1D
- 7.25%
- 1M
- 17.04%
- YTD
- 238.67%
- 6M
- 225.10%
- 1Y
- 640.98%
- 3Y*
- 149.80%
- 5Y*
- 62.01%
- 10Y*
- 51.08%
AMAT vs. STX - 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% |
STX Seagate Technology plc | 238.67% | 225.26% | 4.06% | 69.12% | -51.42% | 87.50% | 10.14% | 62.14% | -2.90% | 16.67% |
Correlation
The correlation between AMAT and STX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2002 | 0.47 |
The correlation between AMAT and STX shifts across timeframes, from 0.47 (all time) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AMAT:
$453.23B
STX:
$212.28B
AMAT:
$10.61
STX:
$10.58
AMAT:
53.45
STX:
87.99
AMAT:
6.80
STX:
1.05
AMAT:
15.67
STX:
19.01
AMAT:
18.96
STX:
193.86
AMAT:
$29.02B
STX:
$11.01B
AMAT:
$14.21B
STX:
$4.57B
AMAT:
$9.92B
STX:
$2.59B
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Return for Risk
AMAT vs. STX — Risk / Return Rank
AMAT
STX
AMAT vs. STX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and Seagate Technology plc (STX). 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 | STX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.54 | ||
| Sortino ratioReturn per unit of downside risk | -2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.81 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 10.67 | 31.15 | -20.48 |
| Martin ratioReturn relative to average drawdown | 30.41 | 90.13 | -59.72 |
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Drawdowns
AMAT vs. STX - Drawdown Comparison
The maximum AMAT drawdown since its inception was -85.22%, roughly equal to the maximum STX drawdown of -88.74%. Use the drawdown chart below to compare losses from any high point for AMAT and STX.
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Drawdown Indicators
| AMAT | STX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.22% | -88.74% | +3.52% |
Max Drawdown (1Y)Largest decline over 1 year | -21.37% | -21.00% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -49.88% | -40.00% | -9.88% |
Max Drawdown (5Y)Largest decline over 5 years | -55.14% | -56.99% | +1.85% |
Max Drawdown (10Y)Largest decline over 10 years | -55.14% | -56.99% | +1.85% |
Current DrawdownCurrent decline from peak | 0.00% | -1.03% | +1.03% |
Average DrawdownAverage peak-to-trough decline | -38.78% | -26.44% | -12.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 7.24% | +0.25% |
Volatility
AMAT vs. STX - Volatility Comparison
Applied Materials, Inc. (AMAT) and Seagate Technology plc (STX) have volatilities of 20.52% and 19.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMAT | STX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.52% | 19.61% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 38.83% | 50.59% | -11.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.03% | 64.18% | -15.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 44.86% | -0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.94% | 42.27% | +0.67% |
Dividends
AMAT vs. STX - Dividend Comparison
AMAT's dividend yield for the trailing twelve months is around 0.34%, more than STX's 0.31% 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% |
STX Seagate Technology plc | 0.31% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
Financials
AMAT vs. STX - Financials Comparison
This section allows you to compare key financial metrics between Applied Materials, Inc. and Seagate Technology 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. STX - 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%.
STX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a gross profit of 1.45B and revenue of 3.11B. Therefore, the gross margin over that period was 46.5%.
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%.
STX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported an operating income of 982.00M and revenue of 3.11B, resulting in an operating margin of 31.6%.
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%.
STX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a net income of 748.00M and revenue of 3.11B, resulting in a net margin of 24.0%.
Frequently Asked Questions
AMAT and STX have a correlation of 0.54, 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 STX (19.61%). In terms of maximum drawdown, AMAT dropped -85.22% vs STX's -88.74%.
STX currently has the higher Sharpe Ratio (10.19 vs 4.65), 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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