MPWR vs. COCO

Last updated Jun 20, 2026

MPWR (Monolithic Power Systems, Inc.) and COCO (The Vita Coco Company, Inc.) are both stocks. MPWR operates in Semiconductors (Technology), while COCO operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 3 years, MPWR returned 45.67%/yr vs 42.82%/yr for COCO. At a 0.24 correlation, their price movements are largely independent.

Performance

MPWR vs. COCO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Monolithic Power Systems, Inc. (MPWR) and The Vita Coco Company, Inc. (COCO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MPWR achieves a 72.87% return, which is significantly higher than COCO's 58.50% return.

MPWR

• 1D: 7.97%
• 1M: 0.16%
• YTD: 72.87%
• 6M: 67.48%
• 1Y: 129.71%
• 3Y*: 45.67%
• 5Y*: 35.58%
• 10Y*: 37.89%

COCO

• 1D: 0.45%
• 1M: 10.49%
• YTD: 58.50%
• 6M: 57.11%
• 1Y: 139.24%
• 3Y*: 42.82%
• 5Y*: —
• 10Y*: —

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

MPWR vs. COCO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MPWR Monolithic Power Systems, Inc.	72.87%	54.45%	-5.55%	79.78%	-27.78%	-1.41%
COCO The Vita Coco Company, Inc.	58.50%	43.62%	43.90%	85.60%	23.72%	-27.33%

Correlation

The correlation between MPWR and COCO is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Oct 21, 2021	0.24

Fundamentals

Market Cap MPWR : $77.00B COCO : $5.08B
EPS MPWR : $13.89 COCO : $1.38
PE Ratio MPWR : 112.56 COCO : 60.89
PEG Ratio MPWR : 1.42 COCO : 0.51
PS Ratio MPWR : 25.71 COCO : 7.67
PB Ratio MPWR : 20.94 COCO : 14.43
Total Revenue (TTM) MPWR : $2.96B COCO : $658.62M
Gross Profit (TTM) MPWR : $1.63B COCO : $246.32M
EBITDA (TTM) MPWR : $861.78M COCO : $100.45M

Return for Risk

MPWR vs. COCO — Risk / Return Rank

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

MPWR

MPWR Risk / Return Rank: 91
MPWR Sharpe Ratio Rank: 93
MPWR Sortino Ratio Rank: 89
MPWR Omega Ratio Rank: 88
MPWR Calmar Ratio Rank: 94
MPWR Martin Ratio Rank: 93

COCO

COCO Risk / Return Rank: 93
COCO Sharpe Ratio Rank: 94
COCO Sortino Ratio Rank: 92
COCO Omega Ratio Rank: 92
COCO Calmar Ratio Rank: 94
COCO Martin Ratio Rank: 94

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.

MPWR vs. COCO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Monolithic Power Systems, Inc. (MPWR) and The Vita Coco Company, Inc. (COCO). 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.

	MPWR	COCO	Difference
Sharpe ratio: Return per unit of total volatility	2.58	2.61	-0.03
Sortino ratio: Return per unit of downside risk	3.02	3.33	-0.31
Omega ratio: Gain probability vs. loss probability	1.38	1.44	-0.07
Calmar ratio: Return relative to maximum drawdown	5.70	5.86	-0.16
Martin ratio: Return relative to average drawdown	15.03	16.41	-1.38

MPWR vs. COCO - Sharpe Ratio Comparison

The current MPWR Sharpe Ratio is 2.58, which is comparable to the COCO Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of MPWR and COCO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MPWR vs. COCO - Drawdown Comparison

The maximum MPWR drawdown since its inception was -72.27%, which is greater than COCO's maximum drawdown of -56.97%. Use the drawdown chart below to compare losses from any high point for MPWR and COCO.

Drawdown Indicators

	MPWR	COCO	Difference
Max Drawdown Largest peak-to-trough decline	-72.27%	-56.97%	-15.30%
Max Drawdown (1Y) Largest decline over 1 year	-22.45%	-23.23%	+0.78%
Max Drawdown (3Y) Largest decline over 3 years	-51.65%	-38.55%	-13.10%
Max Drawdown (5Y) Largest decline over 5 years	-51.65%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.65%	—	—
Current Drawdown Current decline from peak	-7.47%	0.00%	-7.47%
Average Drawdown Average peak-to-trough decline	-17.70%	-16.76%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.50%	8.28%	+0.22%

Volatility

MPWR vs. COCO - Volatility Comparison

Monolithic Power Systems, Inc. (MPWR) has a higher volatility of 23.80% compared to The Vita Coco Company, Inc. (COCO) at 9.69%. This indicates that MPWR's price experiences larger fluctuations and is considered to be riskier than COCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MPWR	COCO	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.80%	9.69%	+14.11%
Volatility (6M) Calculated over the trailing 6-month period	39.67%	41.61%	-1.94%
Volatility (1Y) Calculated over the trailing 1-year period	49.66%	52.25%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.86%	56.71%	-2.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.43%	56.71%	-9.28%

Dividends

MPWR vs. COCO - Dividend Comparison

MPWR's dividend yield for the trailing twelve months is around 0.43%, while COCO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COCO The Vita Coco Company, 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%
MPWR Monolithic Power Systems, Inc.	0.43%	0.69%	0.85%	0.63%	0.85%	0.49%	0.55%	0.90%	1.03%	0.71%	0.98%	1.26%

Financials

MPWR vs. COCO - Profitability Comparison

The chart below illustrates the profitability comparison between Monolithic Power Systems, Inc. and The Vita Coco Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MPWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a gross profit of 445.07M and revenue of 804.19M. Therefore, the gross margin over that period was 55.3%.

COCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Vita Coco Company, Inc. reported a gross profit of 71.81M and revenue of 179.77M. Therefore, the gross margin over that period was 40.0%.

MPWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported an operating income of 241.15M and revenue of 804.19M, resulting in an operating margin of 30.0%.

COCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Vita Coco Company, Inc. reported an operating income of 33.58M and revenue of 179.77M, resulting in an operating margin of 18.7%.

MPWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a net income of 193.23M and revenue of 804.19M, resulting in a net margin of 24.0%.

COCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Vita Coco Company, Inc. reported a net income of 30.47M and revenue of 179.77M, resulting in a net margin of 17.0%.

Frequently Asked Questions

Can I hold both MPWR and COCO in my portfolio?

MPWR and COCO have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MPWR or COCO?

MPWR has higher volatility (23.80%) compared to COCO (9.69%). In terms of maximum drawdown, MPWR dropped -72.27% vs COCO's -56.97%.

Which has better risk-adjusted returns?

COCO currently has the higher Sharpe Ratio (2.61 vs 2.58), 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.