HIMX vs. AGNC

Last updated Jun 3, 2026

HIMX (Himax Technologies, Inc.) and AGNC (AGNC Investment Corp.) are both stocks. HIMX operates in Semiconductors (Technology), while AGNC operates in REIT - Mortgage (Real Estate). Over the past 10 years, HIMX returned 13.05%/yr vs 6.24%/yr for AGNC. At a 0.19 correlation, their price movements are largely independent.

Performance

HIMX vs. AGNC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Himax Technologies, Inc. (HIMX) and AGNC Investment Corp. (AGNC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIMX achieves a 192.80% return, which is significantly higher than AGNC's 0.57% return. Over the past 10 years, HIMX has outperformed AGNC with an annualized return of 13.05%, while AGNC has yielded a comparatively lower 6.24% annualized return.

HIMX

• 1D: 9.45%
• 1M: 94.80%
• YTD: 192.80%
• 6M: 209.82%
• 1Y: 200.34%
• 3Y*: 57.00%
• 5Y*: 20.60%
• 10Y*: 13.05%

AGNC

• 1D: -0.29%
• 1M: -5.69%
• YTD: 0.57%
• 6M: 4.23%
• 1Y: 32.91%
• 3Y*: 18.80%
• 5Y*: 1.66%
• 10Y*: 6.24%

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

HIMX vs. AGNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HIMX Himax Technologies, Inc.	192.80%	6.02%	37.24%	4.73%	-54.85%	120.20%	177.82%	-22.45%	-66.70%	77.20%
AGNC AGNC Investment Corp.	0.57%	34.92%	8.90%	10.14%	-21.65%	5.20%	-1.78%	13.31%	-2.46%	23.73%

Correlation

The correlation between HIMX and AGNC is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since May 16, 2008	0.19

The correlation between HIMX and AGNC shifts across timeframes, from 0.19 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HIMX : $4.18B AGNC : $11.45B
EPS HIMX : $0.18 AGNC : $1.33
PE Ratio HIMX : 130.97 AGNC : 7.66
PS Ratio HIMX : 5.14 AGNC : 4.70
PB Ratio HIMX : 4.58 AGNC : 1.12
Total Revenue (TTM) HIMX : $814.17M AGNC : $2.33B
Gross Profit (TTM) HIMX : $248.69M AGNC : $2.30B
EBITDA (TTM) HIMX : $62.62M AGNC : $3.72B

Return for Risk

HIMX vs. AGNC — Risk / Return Rank

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

HIMX

HIMX Risk / Return Rank: 92
HIMX Sharpe Ratio Rank: 94
HIMX Sortino Ratio Rank: 91
HIMX Omega Ratio Rank: 90
HIMX Calmar Ratio Rank: 95
HIMX Martin Ratio Rank: 92

AGNC

AGNC Risk / Return Rank: 77
AGNC Sharpe Ratio Rank: 84
AGNC Sortino Ratio Rank: 80
AGNC Omega Ratio Rank: 78
AGNC Calmar Ratio Rank: 71
AGNC Martin Ratio Rank: 75

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.

HIMX vs. AGNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Himax Technologies, Inc. (HIMX) and AGNC Investment Corp. (AGNC). 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.

	HIMX	AGNC	Difference
Sharpe ratio Return per unit of total volatility	2.93	1.71	+1.22
Sortino ratio Return per unit of downside risk	3.40	2.35	+1.06
Omega ratio Gain probability vs. loss probability	1.45	1.29	+0.16
Calmar ratio Return relative to maximum drawdown	7.11	1.67	+5.44
Martin ratio Return relative to average drawdown	14.78	5.11	+9.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HIMX vs. AGNC - Sharpe Ratio Comparison

The current HIMX Sharpe Ratio is 2.93, which is higher than the AGNC Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of HIMX and AGNC, 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

	HIMX	AGNC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	1.71	+1.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.06	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.25	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.43	-0.27

Drawdowns

HIMX vs. AGNC - Drawdown Comparison

The maximum HIMX drawdown since its inception was -87.60%, which is greater than AGNC's maximum drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for HIMX and AGNC.

Drawdown Indicators

	HIMX	AGNC	Difference
Max Drawdown Largest peak-to-trough decline	-87.60%	-54.56%	-33.04%
Max Drawdown (1Y) Largest decline over 1 year	-29.00%	-18.71%	-10.29%
Max Drawdown (3Y) Largest decline over 3 years	-54.16%	-31.04%	-23.12%
Max Drawdown (5Y) Largest decline over 5 years	-66.23%	-54.56%	-11.67%
Max Drawdown (10Y) Largest decline over 10 years	-86.74%	-54.56%	-32.18%
Current Drawdown Current decline from peak	0.00%	-11.41%	+11.41%
Average Drawdown Average peak-to-trough decline	-49.72%	-13.57%	-36.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.95%	6.12%	+7.83%

Volatility

HIMX vs. AGNC - Volatility Comparison

Himax Technologies, Inc. (HIMX) has a higher volatility of 37.56% compared to AGNC Investment Corp. (AGNC) at 5.41%. This indicates that HIMX's price experiences larger fluctuations and is considered to be riskier than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIMX	AGNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.56%	5.41%	+32.15%
Volatility (6M) Calculated over the trailing 6-month period	55.56%	15.86%	+39.70%
Volatility (1Y) Calculated over the trailing 1-year period	68.80%	19.40%	+49.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	61.44%	25.81%	+35.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.81%	25.39%	+38.42%

Dividends

HIMX vs. AGNC - Dividend Comparison

HIMX's dividend yield for the trailing twelve months is around 1.54%, less than AGNC's 14.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGNC AGNC Investment Corp.	14.12%	13.43%	15.64%	14.68%	13.91%	9.57%	10.00%	11.31%	12.31%	10.70%	12.69%	14.30%
HIMX Himax Technologies, Inc.	1.54%	4.52%	3.61%	7.91%	20.13%	1.64%	0.00%	0.00%	2.62%	2.21%	1.99%	3.54%

Financials

Frequently Asked Questions

Can I hold both HIMX and AGNC in my portfolio?

HIMX and AGNC have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIMX or AGNC?

HIMX has higher volatility (37.56%) compared to AGNC (5.41%). In terms of maximum drawdown, HIMX dropped -87.60% vs AGNC's -54.56%.

Which has better risk-adjusted returns?

HIMX currently has the higher Sharpe Ratio (2.93 vs 1.71), 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.