INTC vs. IBM
INTC (Intel Corporation) and IBM (International Business Machines Corporation) are both stocks. Both are in the Technology sector — INTC in Semiconductors, IBM in Information Technology Services. Over the past 10 years, INTC returned 15.65%/yr vs 11.34%/yr for IBM. At a 0.43 correlation, their price movements are largely independent.
Performance
INTC vs. IBM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, INTC achieves a 198.83% return, which is significantly higher than IBM's -3.95% return. Over the past 10 years, INTC has outperformed IBM with an annualized return of 15.65%, while IBM has yielded a comparatively lower 11.34% annualized return.
INTC
- 1D
- 11.19%
- 1M
- -11.73%
- YTD
- 198.83%
- 6M
- 173.62%
- 1Y
- 449.70%
- 3Y*
- 53.12%
- 5Y*
- 16.15%
- 10Y*
- 15.65%
IBM
- 1D
- -1.41%
- 1M
- 22.22%
- YTD
- -3.95%
- 6M
- -7.98%
- 1Y
- 7.12%
- 3Y*
- 31.74%
- 5Y*
- 18.84%
- 10Y*
- 11.34%
INTC vs. IBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INTC Intel Corporation | 198.83% | 84.04% | -59.57% | 94.56% | -46.64% | 6.05% | -14.69% | 30.71% | 4.23% | 30.87% |
IBM International Business Machines Corporation | -3.95% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
Correlation
The correlation between INTC and IBM is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 1980 | 0.43 |
Over the past year, the correlation between INTC and IBM has dropped to 0.07 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
Fundamentals
INTC:
$560.50B
IBM:
$267.37B
INTC:
-$0.67
IBM:
$11.32
INTC:
9.66
IBM:
3.87
INTC:
5.03
IBM:
8.11
INTC:
$53.76B
IBM:
$68.91B
INTC:
$19.05B
IBM:
$40.64B
INTC:
$8.83B
IBM:
$15.71B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INTC vs. IBM — Risk / Return Rank
INTC
IBM
INTC vs. IBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intel Corporation (INTC) and International Business Machines Corporation (IBM). 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.
| INTC | IBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.98 | ||
| Sortino ratioReturn per unit of downside risk | +4.49 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.07 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 18.76 | 0.23 | +18.53 |
| Martin ratioReturn relative to average drawdown | 44.28 | 0.50 | +43.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| INTC | IBM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.16 | 0.18 | +5.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.70 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.43 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.29 | +0.06 |
Drawdowns
INTC vs. IBM - Drawdown Comparison
The maximum INTC drawdown since its inception was -82.25%, which is greater than IBM's maximum drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for INTC and IBM.
Loading charts...
Drawdown Indicators
| INTC | IBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.25% | -69.40% | -12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -24.17% | -30.96% | +6.79% |
Max Drawdown (3Y)Largest decline over 3 years | -63.80% | -30.96% | -32.84% |
Max Drawdown (5Y)Largest decline over 5 years | -65.95% | -30.96% | -34.99% |
Max Drawdown (10Y)Largest decline over 10 years | -70.80% | -40.59% | -30.21% |
Current DrawdownCurrent decline from peak | -14.81% | -14.70% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -36.67% | -20.12% | -16.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.22% | 14.23% | -4.01% |
Volatility
INTC vs. IBM - Volatility Comparison
Intel Corporation (INTC) has a higher volatility of 26.82% compared to International Business Machines Corporation (IBM) at 21.84%. This indicates that INTC's price experiences larger fluctuations and is considered to be riskier than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INTC | IBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.82% | 21.84% | +4.98% |
Volatility (6M)Calculated over the trailing 6-month period | 57.68% | 34.54% | +23.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.75% | 39.53% | +34.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.06% | 27.15% | +24.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.07% | 26.59% | +17.48% |
Dividends
INTC vs. IBM - Dividend Comparison
INTC has not paid dividends to shareholders, while IBM's dividend yield for the trailing twelve months is around 2.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 2.40% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
INTC Intel Corporation | 0.00% | 0.00% | 1.87% | 1.47% | 5.52% | 2.70% | 2.65% | 2.11% | 2.56% | 2.33% | 2.87% | 2.79% |
Financials
INTC vs. IBM - Financials Comparison
This section allows you to compare key financial metrics between Intel Corporation and International Business Machines Corporation. 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
INTC vs. IBM - Profitability Comparison
INTC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Intel Corporation reported a gross profit of 5.35B and revenue of 13.58B. Therefore, the gross margin over that period was 39.4%.
IBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a gross profit of 8.95B and revenue of 15.92B. Therefore, the gross margin over that period was 56.2%.
INTC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Intel Corporation reported an operating income of -3.14B and revenue of 13.58B, resulting in an operating margin of -23.1%.
IBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported an operating income of 1.22B and revenue of 15.92B, resulting in an operating margin of 7.6%.
INTC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Intel Corporation reported a net income of -3.73B and revenue of 13.58B, resulting in a net margin of -27.5%.
IBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a net income of 1.22B and revenue of 15.92B, resulting in a net margin of 7.6%.
Frequently Asked Questions
INTC and IBM have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INTC has higher volatility (26.82%) compared to IBM (21.84%). In terms of maximum drawdown, INTC dropped -82.25% vs IBM's -69.40%.
INTC currently has the higher Sharpe Ratio (6.16 vs 0.18), 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.
Find the right allocation for INTC and IBM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer