GFS vs. RNECY
GFS (GLOBALFOUNDRIES Inc.) and RNECY (Renesas Electronics Corp ADR) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 3 years, GFS returned 9.16%/yr vs 16.16%/yr for RNECY. At a 0.40 correlation, their price movements are largely independent.
Performance
GFS vs. RNECY - Performance Comparison
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Returns By Period
In the year-to-date period, GFS achieves a 121.39% return, which is significantly higher than RNECY's 98.38% return.
GFS
- 1D
- 2.36%
- 1M
- 4.30%
- YTD
- 121.39%
- 6M
- 93.66%
- 1Y
- 104.90%
- 3Y*
- 9.16%
- 5Y*
- —
- 10Y*
- —
RNECY
- 1D
- 5.47%
- 1M
- 17.30%
- YTD
- 98.38%
- 6M
- 102.55%
- 1Y
- 102.86%
- 3Y*
- 16.16%
- 5Y*
- 19.88%
- 10Y*
- 16.79%
GFS vs. RNECY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GFS GLOBALFOUNDRIES Inc. | 121.39% | -18.62% | -29.19% | 12.45% | -17.05% | 40.02% |
RNECY Renesas Electronics Corp ADR | 98.38% | 7.51% | -28.20% | 103.64% | -29.19% | -4.62% |
Correlation
The correlation between GFS and RNECY is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2021 | 0.40 |
Fundamentals
GFS:
$43.37B
RNECY:
$49.75B
GFS:
$1.39
RNECY:
-$2.98
GFS:
6.32
RNECY:
0.03
GFS:
3.71
RNECY:
0.02
GFS:
$6.84B
RNECY:
$1.46T
GFS:
$1.81B
RNECY:
$692.31B
GFS:
$2.16B
RNECY:
$475.96B
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Return for Risk
GFS vs. RNECY — Risk / Return Rank
GFS
RNECY
GFS vs. RNECY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GLOBALFOUNDRIES Inc. (GFS) and Renesas Electronics Corp ADR (RNECY). 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.
| GFS | RNECY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.38 | 3.31 | +1.07 |
| Martin ratioReturn relative to average drawdown | 8.48 | 9.05 | -0.57 |
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
| GFS | RNECY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.97 | 1.80 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.42 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.34 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | -0.01 | +0.24 |
Drawdowns
GFS vs. RNECY - Drawdown Comparison
The maximum GFS drawdown since its inception was -61.53%, smaller than the maximum RNECY drawdown of -92.23%. Use the drawdown chart below to compare losses from any high point for GFS and RNECY.
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Drawdown Indicators
| GFS | RNECY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.53% | -92.23% | +30.70% |
Max Drawdown (1Y)Largest decline over 1 year | -24.10% | -31.29% | +7.19% |
Max Drawdown (3Y)Largest decline over 3 years | -55.40% | -52.49% | -2.91% |
Max Drawdown (5Y)Largest decline over 5 years | — | -52.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.20% | — |
Current DrawdownCurrent decline from peak | -14.06% | -11.39% | -2.67% |
Average DrawdownAverage peak-to-trough decline | -34.60% | -67.27% | +32.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.41% | 11.41% | +1.00% |
Volatility
GFS vs. RNECY - Volatility Comparison
GLOBALFOUNDRIES Inc. (GFS) and Renesas Electronics Corp ADR (RNECY) have volatilities of 26.13% and 26.56%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GFS | RNECY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.13% | 26.56% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 44.75% | 47.11% | -2.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.66% | 57.73% | -4.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.15% | 47.67% | +3.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.15% | 49.46% | +1.69% |
Dividends
GFS vs. RNECY - Dividend Comparison
Neither GFS nor RNECY has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GFS GLOBALFOUNDRIES Inc. | 0.00% | 0.00% | 0.00% |
RNECY Renesas Electronics Corp ADR | 0.00% | 0.00% | 1.48% |
Financials
GFS vs. RNECY - Financials Comparison
This section allows you to compare key financial metrics between GLOBALFOUNDRIES Inc. and Renesas Electronics Corp ADR. 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
GFS vs. RNECY - Profitability Comparison
GFS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GLOBALFOUNDRIES Inc. reported a gross profit of 451.00M and revenue of 1.63B. Therefore, the gross margin over that period was 27.6%.
RNECY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a gross profit of 198.11B and revenue of 387.28B. Therefore, the gross margin over that period was 51.2%.
GFS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GLOBALFOUNDRIES Inc. reported an operating income of 180.00M and revenue of 1.63B, resulting in an operating margin of 11.0%.
RNECY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported an operating income of 93.16B and revenue of 387.28B, resulting in an operating margin of 24.1%.
GFS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GLOBALFOUNDRIES Inc. reported a net income of 103.00M and revenue of 1.63B, resulting in a net margin of 6.3%.
RNECY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a net income of 69.40B and revenue of 387.28B, resulting in a net margin of 17.9%.
Frequently Asked Questions
GFS and RNECY have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNECY has higher volatility (26.56%) compared to GFS (26.13%). In terms of maximum drawdown, GFS dropped -61.53% vs RNECY's -92.23%.
GFS currently has the higher Sharpe Ratio (1.97 vs 1.80), 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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