MCHP vs. NIO
MCHP (Microchip Technology Incorporated) and NIO (NIO Inc.) are both stocks. MCHP operates in Semiconductors (Technology), while NIO operates in Auto Manufacturers (Consumer Cyclical). Over the past 5 years, MCHP returned 6.57%/yr vs -35.22%/yr for NIO. At a 0.35 correlation, their price movements are largely independent.
Performance
MCHP vs. NIO - Performance Comparison
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Returns By Period
In the year-to-date period, MCHP achieves a 51.10% return, which is significantly higher than NIO's 2.16% 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%
NIO
- 1D
- -0.38%
- 1M
- -14.59%
- YTD
- 2.16%
- 6M
- 3.58%
- 1Y
- 48.43%
- 3Y*
- -16.32%
- 5Y*
- -35.22%
- 10Y*
- —
MCHP vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 51.10% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -13.16% |
NIO NIO Inc. | 2.16% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | 6.17% |
Correlation
The correlation between MCHP and NIO is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.35 |
Over the past year, the correlation between MCHP and NIO has dropped to 0.09 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
MCHP:
$0.43
NIO:
-CN¥3.74
MCHP:
8.20
NIO:
0.85
MCHP:
$4.71B
NIO:
CN¥100.51B
MCHP:
$2.72B
NIO:
CN¥15.77B
MCHP:
$1.02B
NIO:
-CN¥7.54B
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Return for Risk
MCHP vs. NIO — Risk / Return Rank
MCHP
NIO
MCHP vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and NIO Inc. (NIO). 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 | NIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.16 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.01 | +0.28 |
| Martin ratioReturn relative to average drawdown | 3.40 | 1.78 | +1.62 |
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Drawdowns
MCHP vs. NIO - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for MCHP and NIO.
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Drawdown Indicators
| MCHP | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.77% | -95.00% | +31.23% |
Max Drawdown (1Y)Largest decline over 1 year | -34.41% | -43.73% | +9.32% |
Max Drawdown (3Y)Largest decline over 3 years | -63.77% | -79.69% | +15.92% |
Max Drawdown (5Y)Largest decline over 5 years | -63.77% | -94.10% | +30.33% |
Max Drawdown (10Y)Largest decline over 10 years | -63.77% | — | — |
Current DrawdownCurrent decline from peak | -7.00% | -91.71% | +84.71% |
Average DrawdownAverage peak-to-trough decline | -16.71% | -67.90% | +51.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.99% | 24.74% | -11.75% |
Volatility
MCHP vs. NIO - Volatility Comparison
The current volatility for Microchip Technology Incorporated (MCHP) is 16.18%, while NIO Inc. (NIO) has a volatility of 17.58%. This indicates that MCHP experiences smaller price fluctuations and is considered to be less risky than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCHP | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.18% | 17.58% | -1.40% |
Volatility (6M)Calculated over the trailing 6-month period | 32.33% | 41.08% | -8.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.05% | 62.74% | -18.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.17% | 71.62% | -27.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.91% | 86.66% | -44.75% |
Dividends
MCHP vs. NIO - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 1.91%, while NIO 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% |
NIO NIO 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. NIO - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated and NIO 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. NIO - 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%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
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%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
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%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
MCHP and NIO have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIO has higher volatility (17.58%) compared to MCHP (16.18%). In terms of maximum drawdown, MCHP dropped -63.77% vs NIO's -95.00%.
MCHP currently has the higher Sharpe Ratio (1.01 vs 0.70), 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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