AMAT vs. TOELY

Last updated Jun 3, 2026

AMAT (Applied Materials, Inc.) and TOELY (Tokyo Electron ADR) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 10 years, AMAT returned 36.47%/yr vs 31.22%/yr for TOELY. At a 0.47 correlation, their price movements are largely independent.

Performance

AMAT vs. TOELY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Applied Materials, Inc. (AMAT) and Tokyo Electron ADR (TOELY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMAT achieves a 91.16% return, which is significantly higher than TOELY's 54.95% return. Over the past 10 years, AMAT has outperformed TOELY with an annualized return of 36.47%, while TOELY has yielded a comparatively lower 31.22% annualized return.

AMAT

• 1D: 6.96%
• 1M: 26.11%
• YTD: 91.16%
• 6M: 85.15%
• 1Y: 213.88%
• 3Y*: 55.09%
• 5Y*: 30.24%
• 10Y*: 36.47%

TOELY

• 1D: 1.12%
• 1M: 12.28%
• YTD: 54.95%
• 6M: 72.58%
• 1Y: 114.52%
• 3Y*: 36.94%
• 5Y*: 18.96%
• 10Y*: 31.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMAT vs. TOELY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AMAT Applied Materials, Inc.	91.16%	59.60%	1.13%	67.97%	-37.54%	83.64%	43.29%	89.86%	-34.92%	59.86%
TOELY Tokyo Electron ADR	54.95%	49.57%	-14.19%	82.22%	-49.18%	53.76%	71.31%	94.00%	-38.01%	94.67%

Correlation

The correlation between AMAT and TOELY 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	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 22, 2009	0.47

The correlation between AMAT and TOELY shifts across timeframes, from 0.47 (all time) to 0.63 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AMAT : $391.55B TOELY : $157.77B
EPS AMAT : $10.61 TOELY : $632.07
PE Ratio AMAT : 46.18 TOELY : 0.27
PEG Ratio AMAT : 5.88 TOELY : 0.02
PS Ratio AMAT : 13.54 TOELY : 0.06
PB Ratio AMAT : 16.38 TOELY : 0.08
Total Revenue (TTM) AMAT : $29.02B TOELY : $2.47T
Gross Profit (TTM) AMAT : $14.21B TOELY : $1.12T
EBITDA (TTM) AMAT : $9.92B TOELY : $753.39B

Return for Risk

AMAT vs. TOELY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMAT

AMAT Risk / Return Rank: 97
AMAT Sharpe Ratio Rank: 98
AMAT Sortino Ratio Rank: 95
AMAT Omega Ratio Rank: 95
AMAT Calmar Ratio Rank: 97
AMAT Martin Ratio Rank: 97

TOELY

TOELY Risk / Return Rank: 86
TOELY Sharpe Ratio Rank: 90
TOELY Sortino Ratio Rank: 84
TOELY Omega Ratio Rank: 83
TOELY Calmar Ratio Rank: 87
TOELY Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMAT vs. TOELY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Applied Materials, Inc. (AMAT) and Tokyo Electron ADR (TOELY). 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	TOELY	Difference
Sharpe ratio Return per unit of total volatility	4.67	2.27	+2.40
Sortino ratio Return per unit of downside risk	4.16	2.64	+1.52
Omega ratio Gain probability vs. loss probability	1.59	1.34	+0.25
Calmar ratio Return relative to maximum drawdown	10.06	3.89	+6.16
Martin ratio Return relative to average drawdown	28.81	9.76	+19.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMAT vs. TOELY - Sharpe Ratio Comparison

The current AMAT Sharpe Ratio is 4.67, which is higher than the TOELY Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of AMAT and TOELY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMAT	TOELY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.67	2.27	+2.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.43	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.80	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.18	+0.24

Drawdowns

AMAT vs. TOELY - Drawdown Comparison

The maximum AMAT drawdown since its inception was -85.22%, smaller than the maximum TOELY drawdown of -92.92%. Use the drawdown chart below to compare losses from any high point for AMAT and TOELY.

Drawdown Indicators

	AMAT	TOELY	Difference
Max Drawdown Largest peak-to-trough decline	-85.22%	-92.92%	+7.70%
Max Drawdown (1Y) Largest decline over 1 year	-21.37%	-30.30%	+8.93%
Max Drawdown (3Y) Largest decline over 3 years	-49.88%	-53.52%	+3.64%
Max Drawdown (5Y) Largest decline over 5 years	-55.14%	-59.40%	+4.26%
Max Drawdown (10Y) Largest decline over 10 years	-55.14%	-59.40%	+4.26%
Current Drawdown Current decline from peak	0.00%	-0.14%	+0.14%
Average Drawdown Average peak-to-trough decline	-38.81%	-49.69%	+10.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.46%	12.08%	-4.62%

Volatility

AMAT vs. TOELY - Volatility Comparison

Applied Materials, Inc. (AMAT) has a higher volatility of 15.09% compared to Tokyo Electron ADR (TOELY) at 12.43%. This indicates that AMAT's price experiences larger fluctuations and is considered to be riskier than TOELY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMAT	TOELY	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.09%	12.43%	+2.66%
Volatility (6M) Calculated over the trailing 6-month period	35.23%	36.16%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	46.07%	50.65%	-4.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.57%	44.19%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.61%	39.23%	+3.38%

Dividends

AMAT vs. TOELY - Dividend Comparison

AMAT's dividend yield for the trailing twelve months is around 0.39%, while TOELY has not paid dividends to shareholders.

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%
TOELY Tokyo Electron ADR	0.00%	1.02%	1.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.11%	2.27%	0.00%

Financials

AMAT vs. TOELY - Profitability Comparison

The chart below illustrates the profitability comparison between Applied Materials, Inc. and Tokyo Electron ADR over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

TOELY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tokyo Electron ADR reported a gross profit of 339.31B and revenue of 724.89B. Therefore, the gross margin over that period was 46.8%.

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%.

TOELY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tokyo Electron ADR reported an operating income of 209.42B and revenue of 724.89B, resulting in an operating margin of 28.9%.

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%.

TOELY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tokyo Electron ADR reported a net income of 218.23B and revenue of 724.89B, resulting in a net margin of 30.1%.

Frequently Asked Questions

Can I hold both AMAT and TOELY in my portfolio?

AMAT and TOELY 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.

Which is riskier, AMAT or TOELY?

AMAT has higher volatility (15.09%) compared to TOELY (12.43%). In terms of maximum drawdown, AMAT dropped -85.22% vs TOELY's -92.92%.

Which has better risk-adjusted returns?

AMAT currently has the higher Sharpe Ratio (4.67 vs 2.27), 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.