MCK vs. AMD
MCK (McKesson Corporation) and AMD (Advanced Micro Devices, Inc.) are both stocks. MCK operates in Medical Distribution (Healthcare), while AMD operates in Semiconductors (Technology). Over the past 10 years, MCK returned 16.64%/yr vs 60.93%/yr for AMD. At a 0.18 correlation, their price movements are largely independent.
Performance
MCK vs. AMD - Performance Comparison
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Returns By Period
In the year-to-date period, MCK achieves a -4.23% return, which is significantly lower than AMD's 138.87% return. Over the past 10 years, MCK has underperformed AMD with an annualized return of 16.64%, while AMD has yielded a comparatively higher 60.93% annualized return.
MCK
- 1D
- -0.40%
- 1M
- 3.20%
- YTD
- -4.23%
- 6M
- -3.47%
- 1Y
- 8.11%
- 3Y*
- 26.04%
- 5Y*
- 32.74%
- 10Y*
- 16.64%
AMD
- 1D
- 4.73%
- 1M
- 20.62%
- YTD
- 138.87%
- 6M
- 142.70%
- 1Y
- 340.40%
- 3Y*
- 60.16%
- 5Y*
- 44.46%
- 10Y*
- 60.93%
MCK vs. AMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCK McKesson Corporation | -4.23% | 44.54% | 23.67% | 24.13% | 51.82% | 44.23% | 27.06% | 26.72% | -28.40% | 11.95% |
AMD Advanced Micro Devices, Inc. | 138.87% | 77.30% | -18.06% | 127.59% | -54.99% | 56.91% | 99.98% | 148.43% | 79.57% | -9.35% |
Correlation
The correlation between MCK and AMD is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 1994 | 0.18 |
The correlation between MCK and AMD shifts across timeframes, from -0.16 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MCK:
$96.20B
AMD:
$844.09B
MCK:
$38.38
AMD:
$3.05
MCK:
20.43
AMD:
167.75
MCK:
0.27
AMD:
4.48
MCK:
0.24
AMD:
22.43
MCK:
13.91
AMD:
13.09
MCK:
$403.43B
AMD:
$37.45B
MCK:
$14.55B
AMD:
$18.83B
MCK:
$6.91B
AMD:
$7.17B
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Return for Risk
MCK vs. AMD — Risk / Return Rank
MCK
AMD
MCK vs. AMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for McKesson Corporation (MCK) and Advanced Micro Devices, Inc. (AMD). 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.
| MCK | AMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.75 | ||
| Sortino ratioReturn per unit of downside risk | -3.90 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.60 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 12.04 | -11.75 |
| Martin ratioReturn relative to average drawdown | 0.74 | 24.74 | -24.00 |
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Drawdowns
MCK vs. AMD - Drawdown Comparison
The maximum MCK drawdown since its inception was -82.84%, smaller than the maximum AMD drawdown of -96.59%. Use the drawdown chart below to compare losses from any high point for MCK and AMD.
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Drawdown Indicators
| MCK | AMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.84% | -96.59% | +13.75% |
Max Drawdown (1Y)Largest decline over 1 year | -27.17% | -27.76% | +0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -27.17% | -63.00% | +35.83% |
Max Drawdown (5Y)Largest decline over 5 years | -27.17% | -65.45% | +38.28% |
Max Drawdown (10Y)Largest decline over 10 years | -44.23% | -65.45% | +21.22% |
Current DrawdownCurrent decline from peak | -21.17% | -5.70% | -15.47% |
Average DrawdownAverage peak-to-trough decline | -28.64% | -56.65% | +28.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.40% | 13.48% | -3.08% |
Volatility
MCK vs. AMD - Volatility Comparison
The current volatility for McKesson Corporation (MCK) is 6.47%, while Advanced Micro Devices, Inc. (AMD) has a volatility of 22.71%. This indicates that MCK experiences smaller price fluctuations and is considered to be less risky than AMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCK | AMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 22.71% | -16.24% |
Volatility (6M)Calculated over the trailing 6-month period | 22.74% | 50.12% | -27.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.14% | 66.74% | -37.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.19% | 55.71% | -31.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.82% | 56.99% | -28.17% |
Dividends
MCK vs. AMD - Dividend Comparison
MCK's dividend yield for the trailing twelve months is around 0.42%, while AMD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMD Advanced Micro Devices, 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% |
MCK McKesson Corporation | 0.42% | 0.37% | 0.47% | 0.50% | 0.54% | 0.72% | 0.95% | 1.16% | 1.32% | 0.80% | 0.80% | 0.53% |
Financials
MCK vs. AMD - Financials Comparison
This section allows you to compare key financial metrics between McKesson Corporation and Advanced Micro Devices, 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
MCK vs. AMD - Profitability Comparison
MCK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported a gross profit of 4.04B and revenue of 96.30B. Therefore, the gross margin over that period was 4.2%.
AMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported a gross profit of 5.42B and revenue of 10.25B. Therefore, the gross margin over that period was 52.8%.
MCK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported an operating income of 2.09B and revenue of 96.30B, resulting in an operating margin of 2.2%.
AMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported an operating income of 1.48B and revenue of 10.25B, resulting in an operating margin of 14.4%.
MCK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported a net income of 1.68B and revenue of 96.30B, resulting in a net margin of 1.8%.
AMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advanced Micro Devices, Inc. reported a net income of 1.38B and revenue of 10.25B, resulting in a net margin of 13.5%.
Frequently Asked Questions
MCK and AMD 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.
AMD has higher volatility (22.71%) compared to MCK (6.47%). In terms of maximum drawdown, MCK dropped -82.84% vs AMD's -96.59%.
AMD currently has the higher Sharpe Ratio (5.01 vs 0.27), 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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