MCHP vs. QCOM
MCHP (Microchip Technology Incorporated) and QCOM (QUALCOMM Incorporated) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, MCHP returned 12.56%/yr vs 12.34%/yr for QCOM. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
MCHP vs. QCOM - Performance Comparison
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Returns By Period
In the year-to-date period, MCHP achieves a 17.86% return, which is significantly higher than QCOM's -12.83% return. Both investments have delivered pretty close results over the past 10 years, with MCHP having a 12.56% annualized return and QCOM not far behind at 12.34%.
MCHP
- 1D
- -0.96%
- 1M
- -12.23%
- 6M
- -1.08%
- YTD
- 17.86%
- 1Y
- 14.99%
- 3Y*
- -4.99%
- 5Y*
- 2.91%
- 10Y*
- 12.56%
- ALL TIME*
- 19.78%
QCOM
- 1D
- -2.63%
- 1M
- -16.25%
- 6M
- -1.64%
- YTD
- -12.83%
- 1Y
- 1.71%
- 3Y*
- 6.05%
- 5Y*
- 1.88%
- 10Y*
- 12.34%
- ALL TIME*
- 19.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $869.89M | $875.78M | $1.09B | |
| $2.23B | $2.34B | $4.42B |
MCHP vs. QCOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 17.86% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
QCOM QUALCOMM Incorporated | -12.83% | 13.84% | 8.31% | 35.07% | -38.58% | 22.25% | 77.08% | 60.76% | -7.59% | 2.05% |
Correlation
The correlation between MCHP and QCOM is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 1993 | 0.47 |
The correlation between MCHP and QCOM shifts across timeframes, from 0.47 (all time) to 0.68 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MCHP:
$40.34B
QCOM:
$154.99B
MCHP:
$0.48
QCOM:
$8.56
MCHP:
154.02
QCOM:
17.24
MCHP:
5.70
QCOM:
3.62
MCHP:
$4.71B
QCOM:
$44.07B
MCHP:
$2.72B
QCOM:
$23.90B
MCHP:
$1.02B
QCOM:
$13.47B
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Return for Risk
MCHP vs. QCOM — Risk / Return Rank
MCHP
QCOM
MCHP vs. QCOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and QUALCOMM Incorporated (QCOM). 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 | QCOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.06 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | 0.07 | +0.36 |
| Martin ratioReturn relative to average drawdown | 1.10 | 0.15 | +0.95 |
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Drawdowns
MCHP vs. QCOM - Drawdown Comparison
The maximum MCHP drawdown since its inception was -63.77%, smaller than the maximum QCOM drawdown of -86.75%. Use the drawdown chart below to compare losses from any high point for MCHP and QCOM.
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Drawdown Indicators
| MCHP | QCOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.77% | -86.75% | +22.98% |
Max Drawdown (1Y)Largest decline over 1 year | -30.51% | -40.98% | +10.47% |
Max Drawdown (3Y)Largest decline over 3 years | -63.77% | -44.23% | -19.54% |
Max Drawdown (5Y)Largest decline over 5 years | -63.77% | -44.29% | -19.48% |
Max Drawdown (10Y)Largest decline over 10 years | -63.77% | -44.29% | -19.48% |
Current DrawdownCurrent decline from peak | -27.67% | -40.98% | +13.31% |
Average DrawdownAverage peak-to-trough decline | -16.70% | -32.85% | +16.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.76% | 17.76% | -6.00% |
Volatility
MCHP vs. QCOM - Volatility Comparison
Microchip Technology Incorporated (MCHP) has a higher volatility of 15.59% compared to QUALCOMM Incorporated (QCOM) at 12.41%. This indicates that MCHP's price experiences larger fluctuations and is considered to be riskier than QCOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCHP | QCOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.59% | 12.41% | +3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 36.13% | 45.70% | -9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.77% | 51.93% | -4.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.02% | 41.93% | +3.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.36% | 39.61% | +2.75% |
Dividends
MCHP vs. QCOM - Dividend Comparison
MCHP's dividend yield for the trailing twelve months is around 2.45%, which matches QCOM's 2.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 2.45% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
QCOM QUALCOMM Incorporated | 2.43% | 2.06% | 2.18% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% |
Financials
MCHP vs. QCOM - Financials Comparison
This section allows you to compare key financial metrics between Microchip Technology Incorporated and QUALCOMM Incorporated. 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. QCOM - Profitability Comparison
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
QCOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, QUALCOMM Incorporated reported a gross profit of 5.28B and revenue of 9.95B. Therefore, the gross margin over that period was 53.1%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Microchip Technology Incorporated reported an operating income of 211.10M and revenue of 1.31B, resulting in an operating margin of 16.1%.
QCOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, QUALCOMM Incorporated reported an operating income of 1.63B and revenue of 9.95B, resulting in an operating margin of 16.4%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Microchip Technology Incorporated reported a net income of 116.40M and revenue of 1.31B, resulting in a net margin of 8.9%.
QCOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, QUALCOMM Incorporated reported a net income of 2.00B and revenue of 9.95B, resulting in a net margin of 20.1%.
Frequently Asked Questions
MCHP and QCOM have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MCHP has higher volatility (15.59%) compared to QCOM (12.41%). In terms of maximum drawdown, MCHP dropped -63.77% vs QCOM's -86.75%.
MCHP currently has the higher Sharpe Ratio (0.27 vs 0.05), 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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