AVGO vs. EAT

Last updated Jun 9, 2026

AVGO (Broadcom Inc.) and EAT (Brinker International, Inc.) are both stocks. AVGO operates in Semiconductors (Technology), while EAT operates in Restaurants (Consumer Cyclical). Over the past 10 years, AVGO returned 41.32%/yr vs 13.68%/yr for EAT. At a 0.26 correlation, their price movements are largely independent.

Performance

AVGO vs. EAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Broadcom Inc. (AVGO) and Brinker International, Inc. (EAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGO achieves a 14.83% return, which is significantly higher than EAT's 1.83% return. Over the past 10 years, AVGO has outperformed EAT with an annualized return of 41.32%, while EAT has yielded a comparatively lower 13.68% annualized return.

AVGO

• 1D: 2.82%
• 1M: -7.77%
• YTD: 14.83%
• 6M: -0.72%
• 1Y: 61.91%
• 3Y*: 72.46%
• 5Y*: 56.70%
• 10Y*: 41.32%

EAT

• 1D: 4.04%
• 1M: 5.38%
• YTD: 1.83%
• 6M: 2.69%
• 1Y: -14.86%
• 3Y*: 59.52%
• 5Y*: 18.17%
• 10Y*: 13.68%

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

AVGO vs. EAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVGO Broadcom Inc.	14.83%	50.63%	110.49%	104.18%	-13.27%	56.48%	44.88%	29.05%	2.18%	48.19%
EAT Brinker International, Inc.	1.83%	8.49%	206.37%	35.32%	-12.79%	-35.32%	36.16%	-0.92%	17.27%	-18.44%

Correlation

The correlation between AVGO and EAT is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009	0.26

The correlation between AVGO and EAT shifts across timeframes, from 0.16 (3 years) to 0.27 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AVGO : $1.93T EAT : $6.50B
EPS AVGO : $6.01 EAT : $10.14
PE Ratio AVGO : 65.99 EAT : 14.41
PEG Ratio AVGO : 0.82 EAT : 0.33
PS Ratio AVGO : 25.64 EAT : 1.16
PB Ratio AVGO : 22.05 EAT : 16.02
Total Revenue (TTM) AVGO : $75.47B EAT : $5.73B
Gross Profit (TTM) AVGO : $50.53B EAT : $3.45B
EBITDA (TTM) AVGO : $41.76B EAT : $807.20M

Return for Risk

AVGO vs. EAT — Risk / Return Rank

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

AVGO

AVGO Risk / Return Rank: 77
AVGO Sharpe Ratio Rank: 80
AVGO Sortino Ratio Rank: 75
AVGO Omega Ratio Rank: 76
AVGO Calmar Ratio Rank: 77
AVGO Martin Ratio Rank: 77

EAT

EAT Risk / Return Rank: 29
EAT Sharpe Ratio Rank: 28
EAT Sortino Ratio Rank: 27
EAT Omega Ratio Rank: 28
EAT Calmar Ratio Rank: 31
EAT Martin Ratio Rank: 29

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.

AVGO vs. EAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Brinker International, Inc. (EAT). 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.

	AVGO	EAT	Difference
Sharpe ratio: Return per unit of total volatility	1.38	-0.32	+1.70
Sortino ratio: Return per unit of downside risk	1.95	-0.17	+2.13
Omega ratio: Gain probability vs. loss probability	1.26	0.98	+0.28
Calmar ratio: Return relative to maximum drawdown	2.17	-0.34	+2.51
Martin ratio: Return relative to average drawdown	5.16	-0.69	+5.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVGO vs. EAT - Sharpe Ratio Comparison

The current AVGO Sharpe Ratio is 1.38, which is higher than the EAT Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of AVGO and EAT, 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

	AVGO	EAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	-0.32	+1.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.32	0.37	+0.94
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.05	0.25	+0.80
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.28	+0.81

Drawdowns

AVGO vs. EAT - Drawdown Comparison

The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum EAT drawdown of -88.40%. Use the drawdown chart below to compare losses from any high point for AVGO and EAT.

Drawdown Indicators

	AVGO	EAT	Difference
Max Drawdown Largest peak-to-trough decline	-48.30%	-88.40%	+40.10%
Max Drawdown (1Y) Largest decline over 1 year	-28.67%	-44.41%	+15.74%
Max Drawdown (3Y) Largest decline over 3 years	-41.15%	-45.92%	+4.77%
Max Drawdown (5Y) Largest decline over 5 years	-41.15%	-65.54%	+24.39%
Max Drawdown (10Y) Largest decline over 10 years	-48.30%	-84.94%	+36.64%
Current Drawdown Current decline from peak	-17.64%	-22.73%	+5.09%
Average Drawdown Average peak-to-trough decline	-7.97%	-24.34%	+16.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.03%	21.68%	-9.65%

Volatility

AVGO vs. EAT - Volatility Comparison

Broadcom Inc. (AVGO) has a higher volatility of 20.09% compared to Brinker International, Inc. (EAT) at 16.59%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than EAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVGO	EAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.09%	16.59%	+3.50%
Volatility (6M) Calculated over the trailing 6-month period	34.69%	35.50%	-0.81%
Volatility (1Y) Calculated over the trailing 1-year period	45.31%	46.55%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.31%	48.95%	-5.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.48%	55.09%	-15.61%

Dividends

AVGO vs. EAT - Dividend Comparison

AVGO's dividend yield for the trailing twelve months is around 0.63%, while EAT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGO Broadcom Inc.	0.63%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%
EAT Brinker International, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.67%	3.62%	3.46%	3.71%	2.67%	2.50%

Financials

AVGO vs. EAT - Profitability Comparison

The chart below illustrates the profitability comparison between Broadcom Inc. and Brinker International, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AVGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.

EAT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brinker International, Inc. reported a gross profit of 1.10B and revenue of 1.47B. Therefore, the gross margin over that period was 74.6%.

AVGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.

EAT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brinker International, Inc. reported an operating income of 166.60M and revenue of 1.47B, resulting in an operating margin of 11.3%.

AVGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.

EAT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brinker International, Inc. reported a net income of 127.90M and revenue of 1.47B, resulting in a net margin of 8.7%.

Frequently Asked Questions

Can I hold both AVGO and EAT in my portfolio?

AVGO and EAT have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVGO or EAT?

AVGO has higher volatility (20.09%) compared to EAT (16.59%). In terms of maximum drawdown, AVGO dropped -48.30% vs EAT's -88.40%.

Which has better risk-adjusted returns?

AVGO currently has the higher Sharpe Ratio (1.38 vs -0.32), 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.