MCHP vs. MTSI
MCHP (Microchip Technology Incorporated) and MTSI (MACOM Technology Solutions Holdings, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, MCHP returned 15.99%/yr vs 26.08%/yr for MTSI. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
MCHP vs. MTSI - Performance Comparison
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Returns By Period
In the year-to-date period, MCHP achieves a 51.10% return, which is significantly lower than MTSI's 121.78% return. Over the past 10 years, MCHP has underperformed MTSI with an annualized return of 15.99%, while MTSI has yielded a comparatively higher 26.08% annualized return.
MCHP
- 1D
- 2.47%
- 1M
- 1.99%
- YTD
- 51.10%
- 6M
- 43.32%
- 1Y
- 48.83%
- 3Y*
- 6.19%
- 5Y*
- 6.57%
- 10Y*
- 15.99%
MTSI
- 1D
- 1.36%
- 1M
- 1.14%
- YTD
- 121.78%
- 6M
- 114.19%
- 1Y
- 194.54%
- 3Y*
- 82.85%
- 5Y*
- 44.69%
- 10Y*
- 26.08%
MCHP vs. MTSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 51.10% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
MTSI MACOM Technology Solutions Holdings, Inc. | 121.78% | 31.85% | 39.76% | 47.59% | -19.57% | 42.26% | 106.92% | 83.32% | -55.41% | -29.69% |
Correlation
The correlation between MCHP and MTSI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2012 | 0.57 |
The correlation between MCHP and MTSI shifts across timeframes, from 0.45 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MCHP:
$0.43
MTSI:
$2.33
MCHP:
221.70
MTSI:
163.18
MCHP:
3.34
MTSI:
0.24
MCHP:
8.20
MTSI:
26.86
MCHP:
$4.71B
MTSI:
$1.07B
MCHP:
$2.72B
MTSI:
$594.25M
MCHP:
$1.02B
MTSI:
$245.21M
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Return for Risk
MCHP vs. MTSI — Risk / Return Rank
MCHP
MTSI
MCHP vs. MTSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and MACOM Technology Solutions Holdings, Inc. (MTSI). 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.
| MCHP | MTSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -1.96 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.49 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 9.54 | -8.26 |
| Martin ratioReturn relative to average drawdown | 3.40 | 24.62 | -21.22 |
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Drawdowns
MCHP vs. MTSI - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum MTSI drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for MCHP and MTSI.
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Drawdown Indicators
| MCHP | MTSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.77% | -80.78% | +17.01% |
Max Drawdown (1Y)Largest decline over 1 year | -34.41% | -19.74% | -14.67% |
Max Drawdown (3Y)Largest decline over 3 years | -63.77% | -41.09% | -22.68% |
Max Drawdown (5Y)Largest decline over 5 years | -63.77% | -44.86% | -18.91% |
Max Drawdown (10Y)Largest decline over 10 years | -63.77% | -80.78% | +17.01% |
Current DrawdownCurrent decline from peak | -7.00% | -7.28% | +0.28% |
Average DrawdownAverage peak-to-trough decline | -16.71% | -26.20% | +9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.99% | 7.64% | +5.35% |
Volatility
MCHP vs. MTSI - Volatility Comparison
The current volatility for Microchip Technology Incorporated (MCHP) is 16.18%, while MACOM Technology Solutions Holdings, Inc. (MTSI) has a volatility of 20.31%. This indicates that MCHP experiences smaller price fluctuations and is considered to be less risky than MTSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCHP | MTSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.18% | 20.31% | -4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 32.33% | 40.72% | -8.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.05% | 50.86% | -6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.17% | 43.70% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.91% | 52.43% | -10.52% |
Dividends
MCHP vs. MTSI - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 1.91%, while MTSI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 1.91% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
MTSI MACOM Technology Solutions Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MCHP vs. MTSI - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated and MACOM Technology Solutions Holdings, 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
MCHP vs. MTSI - Profitability Comparison
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported a gross profit of 967.30M and revenue of 1.31B. Therefore, the gross margin over that period was 73.8%.
MTSI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a gross profit of 164.43M and revenue of 288.96M. Therefore, the gross margin over that period was 56.9%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported an operating income of 211.10M and revenue of 1.31B, resulting in an operating margin of 16.1%.
MTSI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported an operating income of 50.83M and revenue of 288.96M, resulting in an operating margin of 17.6%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported a net income of 116.40M and revenue of 1.31B, resulting in a net margin of 8.9%.
MTSI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a net income of 46.33M and revenue of 288.96M, resulting in a net margin of 16.0%.
Frequently Asked Questions
MCHP and MTSI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTSI has higher volatility (20.31%) compared to MCHP (16.18%). In terms of maximum drawdown, MCHP dropped -63.77% vs MTSI's -80.78%.
MTSI currently has the higher Sharpe Ratio (3.70 vs 1.01), 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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