AVGO vs. IRDM
AVGO (Broadcom Inc.) and IRDM (Iridium Communications Inc.) are both stocks. AVGO operates in Semiconductors (Technology), while IRDM operates in Telecom Services (Communication Services). Over the past 10 years, AVGO returned 40.96%/yr vs 19.93%/yr for IRDM. At a 0.30 correlation, their price movements are largely independent.
Performance
AVGO vs. IRDM - Performance Comparison
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Returns By Period
In the year-to-date period, AVGO achieves a 10.62% return, which is significantly lower than IRDM's 173.92% return. Over the past 10 years, AVGO has outperformed IRDM with an annualized return of 40.96%, while IRDM has yielded a comparatively lower 19.93% annualized return.
AVGO
- 1D
- -0.91%
- 1M
- -8.33%
- YTD
- 10.62%
- 6M
- 6.58%
- 1Y
- 50.41%
- 3Y*
- 67.17%
- 5Y*
- 55.09%
- 10Y*
- 40.96%
IRDM
- 1D
- -5.19%
- 1M
- 9.82%
- YTD
- 173.92%
- 6M
- 156.23%
- 1Y
- 66.38%
- 3Y*
- -6.22%
- 5Y*
- 5.22%
- 10Y*
- 19.93%
AVGO vs. IRDM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 10.62% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
IRDM Iridium Communications Inc. | 173.92% | -38.51% | -28.09% | -19.10% | 24.49% | 5.00% | 59.60% | 33.55% | 56.36% | 22.92% |
Correlation
The correlation between AVGO and IRDM is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Aug 6, 2009 | 0.30 |
The correlation between AVGO and IRDM shifts across timeframes, from 0.15 (1 year) to 0.30 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AVGO:
$1.86T
IRDM:
$5.04B
AVGO:
$6.01
IRDM:
$0.99
AVGO:
63.58
IRDM:
47.75
AVGO:
0.79
IRDM:
0.28
AVGO:
24.70
IRDM:
5.75
AVGO:
21.24
IRDM:
10.77
AVGO:
$75.47B
IRDM:
$875.84M
AVGO:
$50.53B
IRDM:
$547.64M
AVGO:
$41.76B
IRDM:
$384.39M
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Return for Risk
AVGO vs. IRDM — Risk / Return Rank
AVGO
IRDM
AVGO vs. IRDM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Iridium Communications Inc. (IRDM). 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.
| AVGO | IRDM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.24 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.31 | +0.45 |
| Martin ratioReturn relative to average drawdown | 4.11 | 2.16 | +1.96 |
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Drawdowns
AVGO vs. IRDM - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum IRDM drawdown of -75.34%. Use the drawdown chart below to compare losses from any high point for AVGO and IRDM.
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Drawdown Indicators
| AVGO | IRDM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.30% | -75.34% | +27.04% |
Max Drawdown (1Y)Largest decline over 1 year | -28.67% | -50.74% | +22.07% |
Max Drawdown (3Y)Largest decline over 3 years | -41.15% | -73.60% | +32.45% |
Max Drawdown (5Y)Largest decline over 5 years | -41.15% | -75.34% | +34.19% |
Max Drawdown (10Y)Largest decline over 10 years | -48.30% | -75.34% | +27.04% |
Current DrawdownCurrent decline from peak | -20.66% | -25.28% | +4.62% |
Average DrawdownAverage peak-to-trough decline | -7.98% | -25.99% | +18.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.30% | 30.90% | -18.60% |
Volatility
AVGO vs. IRDM - Volatility Comparison
The current volatility for Broadcom Inc. (AVGO) is 20.53%, while Iridium Communications Inc. (IRDM) has a volatility of 21.73%. This indicates that AVGO experiences smaller price fluctuations and is considered to be less risky than IRDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVGO | IRDM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.53% | 21.73% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 35.04% | 47.62% | -12.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.57% | 63.50% | -17.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.39% | 45.74% | -2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.52% | 45.45% | -5.93% |
Dividends
AVGO vs. IRDM - Dividend Comparison
AVGO's dividend yield for the trailing twelve months is around 0.65%, less than IRDM's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.65% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
IRDM Iridium Communications Inc. | 1.25% | 3.34% | 1.90% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AVGO vs. IRDM - Financials Comparison
This section allows you to compare key financial metrics between Broadcom Inc. and Iridium Communications 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
AVGO vs. IRDM - 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%.
IRDM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Iridium Communications Inc. reported a gross profit of 169.42M and revenue of 219.06M. Therefore, the gross margin over that period was 77.3%.
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%.
IRDM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Iridium Communications Inc. reported an operating income of 50.71M and revenue of 219.06M, resulting in an operating margin of 23.2%.
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%.
IRDM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Iridium Communications Inc. reported a net income of 21.59M and revenue of 219.06M, resulting in a net margin of 9.9%.
Frequently Asked Questions
AVGO and IRDM have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRDM has higher volatility (21.73%) compared to AVGO (20.53%). In terms of maximum drawdown, AVGO dropped -48.30% vs IRDM's -75.34%.
AVGO currently has the higher Sharpe Ratio (1.11 vs 1.05), 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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