MCHP vs. SHW

Last updated Jun 9, 2026

MCHP (Microchip Technology Incorporated) and SHW (The Sherwin-Williams Company) are both stocks. MCHP operates in Semiconductors (Technology), while SHW operates in Specialty Chemicals (Basic Materials). Over the past 10 years, MCHP returned 15.50%/yr vs 12.93%/yr for SHW. At a 0.31 correlation, their price movements are largely independent.

Performance

MCHP vs. SHW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Microchip Technology Incorporated (MCHP) and The Sherwin-Williams Company (SHW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MCHP achieves a 44.96% return, which is significantly higher than SHW's -7.11% return. Over the past 10 years, MCHP has outperformed SHW with an annualized return of 15.50%, while SHW has yielded a comparatively lower 12.93% 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%

SHW

• 1D: -1.88%
• 1M: -5.21%
• YTD: -7.11%
• 6M: -7.99%
• 1Y: -15.42%
• 3Y*: 8.51%
• 5Y*: 2.50%
• 10Y*: 12.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MCHP vs. SHW - 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%
SHW The Sherwin-Williams Company	-7.11%	-3.83%	9.90%	32.73%	-31.96%	44.90%	27.05%	49.70%	-3.23%	54.11%

Correlation

The correlation between MCHP and SHW is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 22, 1993	0.31

Fundamentals

EPS MCHP : $0.43 SHW : $10.42
PE Ratio MCHP : 212.69 SHW : 28.75
PEG Ratio MCHP : 3.21 SHW : 2.80
PS Ratio MCHP : 7.87 SHW : 3.12
Total Revenue (TTM) MCHP : $4.71B SHW : $23.94B
Gross Profit (TTM) MCHP : $2.72B SHW : $11.76B
EBITDA (TTM) MCHP : $1.02B SHW : $4.29B

Return for Risk

MCHP vs. SHW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MCHP

MCHP Risk / Return Rank: 69
MCHP Sharpe Ratio Rank: 73
MCHP Sortino Ratio Rank: 71
MCHP Omega Ratio Rank: 67
MCHP Calmar Ratio Rank: 67
MCHP Martin Ratio Rank: 70

SHW

SHW Risk / Return Rank: 13
SHW Sharpe Ratio Rank: 15
SHW Sortino Ratio Rank: 15
SHW Omega Ratio Rank: 16
SHW Calmar Ratio Rank: 15
SHW Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MCHP vs. SHW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and The Sherwin-Williams Company (SHW). 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	SHW	Difference
Sharpe ratio: Return per unit of total volatility	1.01	-0.63	+1.63
Sortino ratio: Return per unit of downside risk	1.72	-0.81	+2.53
Omega ratio: Gain probability vs. loss probability	1.20	0.91	+0.29
Calmar ratio: Return relative to maximum drawdown	1.28	-0.72	+2.00
Martin ratio: Return relative to average drawdown	3.40	-1.52	+4.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MCHP vs. SHW - Sharpe Ratio Comparison

The current MCHP Sharpe Ratio is 1.01, which is higher than the SHW Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of MCHP and SHW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MCHP	SHW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	-0.63	+1.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.10	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.49	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.54	-0.11

Drawdowns

MCHP vs. SHW - Drawdown Comparison

The maximum MCHP drawdown since its inception was -63.77%, which is greater than SHW's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for MCHP and SHW.

Drawdown Indicators

	MCHP	SHW	Difference
Max Drawdown Largest peak-to-trough decline	-63.77%	-52.02%	-11.75%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	-21.36%	-13.05%
Max Drawdown (3Y) Largest decline over 3 years	-63.77%	-25.69%	-38.08%
Max Drawdown (5Y) Largest decline over 5 years	-63.77%	-42.46%	-21.31%
Max Drawdown (10Y) Largest decline over 10 years	-63.77%	-42.46%	-21.31%
Current Drawdown Current decline from peak	-10.78%	-24.03%	+13.25%
Average Drawdown Average peak-to-trough decline	-16.71%	-11.63%	-5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.93%	10.16%	+2.77%

Volatility

MCHP vs. SHW - Volatility Comparison

Microchip Technology Incorporated (MCHP) has a higher volatility of 14.52% compared to The Sherwin-Williams Company (SHW) at 6.99%. This indicates that MCHP's price experiences larger fluctuations and is considered to be riskier than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MCHP	SHW	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.52%	6.99%	+7.53%
Volatility (6M) Calculated over the trailing 6-month period	31.67%	18.56%	+13.11%
Volatility (1Y) Calculated over the trailing 1-year period	43.78%	24.80%	+18.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.07%	26.15%	+17.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.86%	26.53%	+15.33%

Dividends

MCHP vs. SHW - Dividend Comparison

MCHP's dividend yield for the trailing twelve months is around 1.99%, more than SHW's 1.06% 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%
SHW The Sherwin-Williams Company	1.06%	0.98%	0.84%	0.78%	1.01%	0.62%	0.73%	0.77%	0.87%	0.83%	1.25%	1.03%

Financials

MCHP vs. SHW - Profitability Comparison

The chart below illustrates the profitability comparison between Microchip Technology Incorporated and The Sherwin-Williams Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

SHW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a gross profit of 2.78B and revenue of 5.67B. Therefore, the gross margin over that period was 49.1%.

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%.

SHW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported an operating income of 810.90M and revenue of 5.67B, resulting in an operating margin of 14.3%.

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%.

SHW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a net income of 534.70M and revenue of 5.67B, resulting in a net margin of 9.4%.

Frequently Asked Questions

Can I hold both MCHP and SHW in my portfolio?

MCHP and SHW have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MCHP or SHW?

MCHP has higher volatility (14.52%) compared to SHW (6.99%). In terms of maximum drawdown, MCHP dropped -63.77% vs SHW's -52.02%.

Which has better risk-adjusted returns?

MCHP currently has the higher Sharpe Ratio (1.01 vs -0.63), 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.