MCHP vs. WOLF

Last updated Jun 9, 2026

MCHP (Microchip Technology Incorporated) and WOLF (Wolfspeed, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. At a 0.39 correlation, their price movements are largely independent.

Performance

MCHP vs. WOLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Microchip Technology Incorporated (MCHP) and Wolfspeed, Inc. (WOLF). 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 lower than WOLF's 218.32% 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%

WOLF

• 1D: 0.65%
• 1M: 18.93%
• YTD: 218.32%
• 6M: 141.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MCHP vs. WOLF - Yearly Performance Comparison

	2026 (YTD)	2025
MCHP Microchip Technology Incorporated	44.96%	0.35%
WOLF Wolfspeed, Inc.	218.32%	-21.22%

Correlation

The correlation between MCHP and WOLF is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.39

Fundamentals

EPS MCHP : $0.43 WOLF : -$11.53
PS Ratio MCHP : 7.87 WOLF : 10.68
Total Revenue (TTM) MCHP : $4.71B WOLF : $712.50M
Gross Profit (TTM) MCHP : $2.72B WOLF : -$208.10M
EBITDA (TTM) MCHP : $1.02B WOLF : -$1.26B

Return for Risk

MCHP vs. WOLF — 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

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. WOLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Microchip Technology Incorporated (MCHP) and Wolfspeed, Inc. (WOLF). 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	WOLF	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.72	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.28	—	—
Martin ratio: Return relative to average drawdown	3.40	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MCHP	WOLF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	2.34	-1.91

Drawdowns

MCHP vs. WOLF - Drawdown Comparison

The maximum MCHP drawdown since its inception was -63.77%, which is greater than WOLF's maximum drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for MCHP and WOLF.

Drawdown Indicators

	MCHP	WOLF	Difference
Max Drawdown Largest peak-to-trough decline	-63.77%	-58.22%	-5.55%
Max Drawdown (1Y) Largest decline over 1 year	-34.41%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-63.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-63.77%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.77%	—	—
Current Drawdown Current decline from peak	-10.78%	-24.60%	+13.82%
Average Drawdown Average peak-to-trough decline	-16.71%	-34.87%	+18.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.93%	—	—

Volatility

Volatility by Period

	MCHP	WOLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	43.78%	120.69%	-76.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.07%	120.69%	-76.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.86%	120.69%	-78.83%

Dividends

MCHP vs. WOLF - Dividend Comparison

MCHP's dividend yield for the trailing twelve months is around 1.99%, while WOLF has not paid dividends to shareholders.

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%
WOLF Wolfspeed, 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. WOLF - Profitability Comparison

The chart below illustrates the profitability comparison between Microchip Technology Incorporated and Wolfspeed, Inc. 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%.

WOLF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wolfspeed, Inc. reported a gross profit of -27.00M and revenue of 150.20M. Therefore, the gross margin over that period was -18.0%.

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%.

WOLF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wolfspeed, Inc. reported an operating income of -101.30M and revenue of 150.20M, resulting in an operating margin of -67.4%.

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%.

WOLF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wolfspeed, Inc. reported a net income of -119.90M and revenue of 150.20M, resulting in a net margin of -79.8%.

Frequently Asked Questions

Can I hold both MCHP and WOLF in my portfolio?

MCHP and WOLF have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.