MCHP vs. NVDA
MCHP (Microchip Technology Incorporated) and NVDA (NVIDIA Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, MCHP returned 15.50%/yr vs 68.47%/yr for NVDA. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
MCHP vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, MCHP achieves a 44.96% return, which is significantly higher than NVDA's 12.01% return. Over the past 10 years, MCHP has underperformed NVDA with an annualized return of 15.50%, while NVDA has yielded a comparatively higher 68.47% annualized return.
MCHP
- 1D
- 3.43%
- 1M
- -7.33%
- YTD
- 44.96%
- 6M
- 37.15%
- 1Y
- 43.83%
- 3Y*
- 7.14%
- 5Y*
- 6.01%
- 10Y*
- 15.50%
NVDA
- 1D
- 1.73%
- 1M
- -2.94%
- YTD
- 12.01%
- 6M
- 12.58%
- 1Y
- 47.43%
- 3Y*
- 75.35%
- 5Y*
- 64.54%
- 10Y*
- 68.47%
MCHP vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 44.96% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
NVDA NVIDIA Corporation | 12.01% | 38.92% | 171.25% | 239.02% | -50.26% | 125.48% | 122.30% | 76.94% | -30.82% | 81.99% |
Correlation
The correlation between MCHP and NVDA is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 1999 | 0.55 |
Over the past year, the correlation between MCHP and NVDA has dropped to 0.16 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
Fundamentals
MCHP:
$0.43
NVDA:
$6.53
MCHP:
212.69
NVDA:
31.97
MCHP:
3.21
NVDA:
0.18
MCHP:
7.87
NVDA:
20.13
MCHP:
$4.71B
NVDA:
$253.49B
MCHP:
$2.72B
NVDA:
$187.95B
MCHP:
$1.02B
NVDA:
$192.76B
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Return for Risk
MCHP vs. NVDA — Risk / Return Rank
MCHP
NVDA
MCHP vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and NVIDIA Corporation (NVDA). 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.
| MCHP | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.24 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.36 | -1.08 |
| Martin ratioReturn relative to average drawdown | 3.40 | 5.73 | -2.33 |
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
| MCHP | NVDA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 1.37 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | 1.25 | -1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 1.38 | -1.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.63 | -0.20 |
Drawdowns
MCHP vs. NVDA - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for MCHP and NVDA.
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Drawdown Indicators
| MCHP | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.77% | -89.72% | +25.95% |
Max Drawdown (1Y)Largest decline over 1 year | -34.41% | -20.21% | -14.20% |
Max Drawdown (3Y)Largest decline over 3 years | -63.77% | -36.88% | -26.89% |
Max Drawdown (5Y)Largest decline over 5 years | -63.77% | -66.34% | +2.57% |
Max Drawdown (10Y)Largest decline over 10 years | -63.77% | -66.34% | +2.57% |
Current DrawdownCurrent decline from peak | -10.78% | -11.39% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -16.71% | -36.20% | +19.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.93% | 8.30% | +4.63% |
Volatility
MCHP vs. NVDA - Volatility Comparison
Microchip Technology Incorporated (MCHP) has a higher volatility of 14.52% compared to NVIDIA Corporation (NVDA) at 13.14%. This indicates that MCHP's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCHP | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.52% | 13.14% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 31.67% | 26.37% | +5.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.78% | 34.81% | +8.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.07% | 51.75% | -7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.86% | 49.85% | -7.99% |
Dividends
MCHP vs. NVDA - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 1.99%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 1.99% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
Financials
MCHP vs. NVDA - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated and NVIDIA 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
MCHP vs. NVDA - 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%.
NVDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a gross profit of 61.16B and revenue of 81.62B. Therefore, the gross margin over that period was 74.9%.
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%.
NVDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported an operating income of 53.54B and revenue of 81.62B, resulting in an operating margin of 65.6%.
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%.
NVDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NVIDIA Corporation reported a net income of 58.32B and revenue of 81.62B, resulting in a net margin of 71.5%.
Frequently Asked Questions
MCHP and NVDA have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MCHP has higher volatility (14.52%) compared to NVDA (13.14%). In terms of maximum drawdown, MCHP dropped -63.77% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.37 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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