AVGO vs. HLMA.L
AVGO (Broadcom Inc.) and HLMA.L (Halma plc) are both stocks. AVGO operates in Semiconductors (Technology), while HLMA.L operates in Conglomerates (Industrials). Over the past 10 years, AVGO returned 41.32%/yr vs 17.59%/yr for HLMA.L. At a 0.26 correlation, their price movements are largely independent.
Performance
AVGO vs. HLMA.L - Performance Comparison
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Different Trading Currencies
AVGO is traded in USD, while HLMA.L is traded in GBp. To make them comparable, the HLMA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, AVGO achieves a 14.83% return, which is significantly lower than HLMA.L's 32.29% return. Over the past 10 years, AVGO has outperformed HLMA.L with an annualized return of 41.32%, while HLMA.L has yielded a comparatively lower 17.59% 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%
HLMA.L
- 1D
- 1.30%
- 1M
- 1.59%
- YTD
- 32.29%
- 6M
- 29.81%
- 1Y
- 57.48%
- 3Y*
- 28.56%
- 5Y*
- 11.63%
- 10Y*
- 17.59%
AVGO vs. HLMA.L - 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% |
HLMA.L Halma plc | 32.29% | 42.52% | 16.72% | 22.94% | -44.39% | 30.29% | 20.15% | 62.62% | 3.28% | 55.63% |
Correlation
The correlation between AVGO and HLMA.L is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2009 | 0.26 |
Fundamentals
AVGO:
$1.93T
HLMA.L:
£17.89B
AVGO:
$6.01
HLMA.L:
£1.46
AVGO:
65.99
HLMA.L:
32.33
AVGO:
0.82
HLMA.L:
3.11
AVGO:
25.64
HLMA.L:
4.49
AVGO:
22.05
HLMA.L:
9.00
AVGO:
$75.47B
HLMA.L:
£3.98B
AVGO:
$50.53B
HLMA.L:
£1.17B
AVGO:
$41.76B
HLMA.L:
£936.80M
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Return for Risk
AVGO vs. HLMA.L — Risk / Return Rank
AVGO
HLMA.L
AVGO vs. HLMA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Halma plc (HLMA.L). 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 | HLMA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 3.96 | -1.79 |
| Martin ratioReturn relative to average drawdown | 5.16 | 14.76 | -9.59 |
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
| AVGO | HLMA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 2.18 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.32 | 0.41 | +0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.05 | 0.65 | +0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.52 | +0.57 |
Drawdowns
AVGO vs. HLMA.L - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum HLMA.L drawdown of -60.44%. Use the drawdown chart below to compare losses from any high point for AVGO and HLMA.L.
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Drawdown Indicators
| AVGO | HLMA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.30% | -60.44% | +12.14% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -14.43% | -14.24% |
Max Drawdown (3Y)Largest decline over 3 years | -41.15% | -28.38% | -12.77% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -49.10% | +7.95% |
Max Drawdown (10Y)Largest decline over 10 years | -48.30% | -49.10% | +0.80% |
Current DrawdownCurrent decline from peak | -17.64% | -3.82% | -13.82% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -13.57% | +5.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.03% | 3.88% | +8.15% |
Volatility
AVGO vs. HLMA.L - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 20.09% compared to Halma plc (HLMA.L) at 9.55%. This indicates that AVGO's price experiences larger fluctuations and is considered to be riskier than HLMA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGO | HLMA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.09% | 9.55% | +10.54% |
Volatility (6M)Calculated over the trailing 6-month period | 34.69% | 20.83% | +13.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.31% | 26.27% | +19.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.31% | 28.24% | +15.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.48% | 26.95% | +12.53% |
Dividends
AVGO vs. HLMA.L - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 0.63%, more than HLMA.L's 0.50% yield.
| 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% |
HLMA.L Halma plc | 0.50% | 0.67% | 0.83% | 0.91% | 0.98% | 0.57% | 0.69% | 0.76% | 1.11% | 1.12% | 0.00% | 0.00% |
Financials
AVGO vs. HLMA.L - Financials Comparison
This section allows you to compare key financial metrics between Broadcom Inc. and Halma 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
AVGO vs. HLMA.L - Profitability Comparison
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%.
HLMA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Halma plc reported a gross profit of 0.00 and revenue of 1.24B. Therefore, the gross margin over that period was 0.0%.
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%.
HLMA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Halma plc reported an operating income of 256.90M and revenue of 1.24B, resulting in an operating margin of 20.8%.
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%.
HLMA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Halma plc reported a net income of 186.80M and revenue of 1.24B, resulting in a net margin of 15.1%.
Frequently Asked Questions
AVGO and HLMA.L have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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