NVTS vs. MCHP
NVTS (Navitas Semiconductor Corporation) and MCHP (Microchip Technology Incorporated) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, NVTS returned 18.55%/yr vs 6.57%/yr for MCHP. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
NVTS vs. MCHP - Performance Comparison
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Returns By Period
In the year-to-date period, NVTS achieves a 227.59% return, which is significantly higher than MCHP's 51.10% return.
NVTS
- 1D
- 5.31%
- 1M
- 10.49%
- YTD
- 227.59%
- 6M
- 172.29%
- 1Y
- 199.49%
- 3Y*
- 32.79%
- 5Y*
- 18.55%
- 10Y*
- —
MCHP
- 1D
- 2.47%
- 1M
- -1.03%
- YTD
- 51.10%
- 6M
- 43.32%
- 1Y
- 44.01%
- 3Y*
- 6.19%
- 5Y*
- 6.57%
- 10Y*
- 15.99%
NVTS vs. MCHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NVTS Navitas Semiconductor Corporation | 227.59% | 100.00% | -55.76% | 129.91% | -79.37% | 53.24% |
MCHP Microchip Technology Incorporated | 51.10% | 14.61% | -34.96% | 30.90% | -17.98% | 17.28% |
Correlation
The correlation between NVTS and MCHP is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2021 | 0.51 |
The correlation between NVTS and MCHP shifts across timeframes, from 0.36 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NVTS:
-$0.84
MCHP:
$0.43
NVTS:
91.54
MCHP:
8.20
NVTS:
$40.50M
MCHP:
$4.71B
NVTS:
$7.44M
MCHP:
$2.72B
NVTS:
-$83.31M
MCHP:
$1.02B
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Return for Risk
NVTS vs. MCHP — Risk / Return Rank
NVTS
MCHP
NVTS vs. MCHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Navitas Semiconductor Corporation (NVTS) and Microchip Technology Incorporated (MCHP). 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.
| NVTS | MCHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.20 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.45 | 1.28 | +2.16 |
| Martin ratioReturn relative to average drawdown | 5.68 | 3.40 | +2.28 |
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Drawdowns
NVTS vs. MCHP - Drawdown Comparison
The maximum NVTS drawdown since its inception was -92.04%, which is greater than MCHP's maximum drawdown of -63.77%. Use the drawdown chart below to compare losses from any high point for NVTS and MCHP.
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Drawdown Indicators
| NVTS | MCHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.04% | -63.77% | -28.27% |
Max Drawdown (1Y)Largest decline over 1 year | -58.25% | -34.41% | -23.84% |
Max Drawdown (3Y)Largest decline over 3 years | -85.18% | -63.77% | -21.41% |
Max Drawdown (5Y)Largest decline over 5 years | -92.04% | -63.77% | -28.27% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.77% | — |
Current DrawdownCurrent decline from peak | -26.42% | -7.00% | -19.42% |
Average DrawdownAverage peak-to-trough decline | -58.10% | -16.71% | -41.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.46% | 12.99% | +22.47% |
Volatility
NVTS vs. MCHP - Volatility Comparison
Navitas Semiconductor Corporation (NVTS) has a higher volatility of 45.94% compared to Microchip Technology Incorporated (MCHP) at 16.18%. This indicates that NVTS's price experiences larger fluctuations and is considered to be riskier than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVTS | MCHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 45.94% | 16.18% | +29.76% |
Volatility (6M)Calculated over the trailing 6-month period | 93.23% | 32.33% | +60.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 125.36% | 44.05% | +81.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 121.82% | 44.17% | +77.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.54% | 41.91% | +75.63% |
Dividends
NVTS vs. MCHP - Dividend Comparison
NVTS has not paid dividends to shareholders, while MCHP's dividend yield for the trailing twelve months is around 1.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 1.91% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
NVTS Navitas Semiconductor Corporation | 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
NVTS vs. MCHP - Financials Comparison
This section allows you to compare key financial metrics between Navitas Semiconductor Corporation and Microchip Technology 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
Frequently Asked Questions
NVTS and MCHP have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVTS has higher volatility (45.94%) compared to MCHP (16.18%). In terms of maximum drawdown, NVTS dropped -92.04% vs MCHP's -63.77%.
NVTS currently has the higher Sharpe Ratio (1.60 vs 1.01), 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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