AMD vs. NET
AMD (Advanced Micro Devices, Inc.) and NET (Cloudflare, Inc.) are both stocks. Both are in the Technology sector — AMD in Semiconductors, NET in Software - Infrastructure. Over the past 5 years, AMD returned 43.72%/yr vs 22.42%/yr for NET. At a 0.43 correlation, their price movements are largely independent.
Performance
AMD vs. NET - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AMD achieves a 128.95% return, which is significantly higher than NET's 25.69% return.
AMD
- 1D
- 5.14%
- 1M
- 7.72%
- YTD
- 128.95%
- 6M
- 121.76%
- 1Y
- 322.01%
- 3Y*
- 57.74%
- 5Y*
- 43.72%
- 10Y*
- 60.51%
NET
- 1D
- -0.93%
- 1M
- 26.34%
- YTD
- 25.69%
- 6M
- 20.37%
- 1Y
- 37.91%
- 3Y*
- 57.17%
- 5Y*
- 22.42%
- 10Y*
- —
AMD vs. NET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AMD Advanced Micro Devices, Inc. | 128.95% | 77.30% | -18.06% | 127.59% | -54.99% | 56.91% | 99.98% | 49.43% |
NET Cloudflare, Inc. | 25.69% | 83.09% | 29.33% | 84.16% | -65.62% | 73.05% | 345.43% | -5.22% |
Correlation
The correlation between AMD and NET is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2019 | 0.43 |
The correlation between AMD and NET shifts across timeframes, from 0.26 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AMD:
$809.04B
NET:
$87.38B
AMD:
$3.05
NET:
-$0.25
AMD:
21.50
NET:
37.07
AMD:
12.55
NET:
57.23
AMD:
$37.45B
NET:
$2.33B
AMD:
$18.83B
NET:
$1.71B
AMD:
$7.17B
NET:
$168.53M
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
AMD vs. NET — Risk / Return Rank
AMD
NET
AMD vs. NET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Micro Devices, Inc. (AMD) and Cloudflare, Inc. (NET). 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.
| AMD | NET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.27 | ||
| Sortino ratioReturn per unit of downside risk | +3.33 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.17 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 11.69 | 1.04 | +10.65 |
| Martin ratioReturn relative to average drawdown | 24.15 | 2.24 | +21.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AMD | NET | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.91 | 0.64 | +4.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.33 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.71 | -0.54 |
Drawdowns
AMD vs. NET - Drawdown Comparison
The maximum AMD drawdown since its inception was -96.59%, which is greater than NET's maximum drawdown of -82.58%. Use the drawdown chart below to compare losses from any high point for AMD and NET.
Loading charts...
Drawdown Indicators
| AMD | NET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.59% | -82.58% | -14.01% |
Max Drawdown (1Y)Largest decline over 1 year | -27.76% | -36.76% | +9.00% |
Max Drawdown (3Y)Largest decline over 3 years | -63.00% | -45.00% | -18.00% |
Max Drawdown (5Y)Largest decline over 5 years | -65.45% | -82.58% | +17.13% |
Max Drawdown (10Y)Largest decline over 10 years | -65.45% | — | — |
Current DrawdownCurrent decline from peak | -9.62% | -9.12% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -56.67% | -37.59% | -19.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.41% | 16.97% | -3.56% |
Volatility
AMD vs. NET - Volatility Comparison
The current volatility for Advanced Micro Devices, Inc. (AMD) is 22.76%, while Cloudflare, Inc. (NET) has a volatility of 33.91%. This indicates that AMD experiences smaller price fluctuations and is considered to be less risky than NET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AMD | NET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.76% | 33.91% | -11.15% |
Volatility (6M)Calculated over the trailing 6-month period | 49.01% | 53.25% | -4.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.18% | 59.59% | +6.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.54% | 68.44% | -12.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.93% | 67.78% | -10.85% |
Dividends
AMD vs. NET - Dividend Comparison
Neither AMD nor NET has paid dividends to shareholders.
Financials
AMD vs. NET - Financials Comparison
This section allows you to compare key financial metrics between Advanced Micro Devices, Inc. and Cloudflare, 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
AMD vs. NET - Profitability Comparison
AMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported a gross profit of 5.42B and revenue of 10.25B. Therefore, the gross margin over that period was 52.8%.
NET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cloudflare, Inc. reported a gross profit of 455.60M and revenue of 639.76M. Therefore, the gross margin over that period was 71.2%.
AMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported an operating income of 1.48B and revenue of 10.25B, resulting in an operating margin of 14.4%.
NET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cloudflare, Inc. reported an operating income of -61.99M and revenue of 639.76M, resulting in an operating margin of -9.7%.
AMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported a net income of 1.38B and revenue of 10.25B, resulting in a net margin of 13.5%.
NET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cloudflare, Inc. reported a net income of -22.93M and revenue of 639.76M, resulting in a net margin of -3.6%.
Frequently Asked Questions
AMD and NET have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NET has higher volatility (33.91%) compared to AMD (22.76%). In terms of maximum drawdown, AMD dropped -96.59% vs NET's -82.58%.
AMD currently has the higher Sharpe Ratio (4.91 vs 0.64), 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.
Find the right allocation for AMD and NET
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