ON vs. MPWR
Compare and contrast key facts about ON Semiconductor Corporation (ON) and Monolithic Power Systems, Inc. (MPWR).
Performance
ON vs. MPWR - Performance Comparison
Loading graphics...
ON vs. MPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ON ON Semiconductor Corporation | 14.35% | -14.12% | -24.52% | 33.93% | -8.17% | 107.52% | 34.25% | 47.67% | -21.16% | 64.11% |
MPWR Monolithic Power Systems, Inc. | 20.87% | 54.45% | -5.55% | 79.78% | -27.78% | 35.49% | 107.49% | 54.80% | 4.49% | 38.23% |
Fundamentals
ON:
$24.91B
MPWR:
$53.76B
ON:
$0.29
MPWR:
$12.72
ON:
210.64
MPWR:
85.93
ON:
4.25
MPWR:
18.97
ON:
3.25
MPWR:
14.45
ON:
$6.00B
MPWR:
$2.79B
ON:
$1.98B
MPWR:
$1.54B
ON:
$639.00M
MPWR:
$777.30M
Returns By Period
In the year-to-date period, ON achieves a 14.35% return, which is significantly lower than MPWR's 20.87% return. Over the past 10 years, ON has underperformed MPWR with an annualized return of 20.37%, while MPWR has yielded a comparatively higher 33.84% annualized return.
ON
- 1D
- 11.25%
- 1M
- -6.86%
- YTD
- 14.35%
- 6M
- 25.57%
- 1Y
- 52.17%
- 3Y*
- -9.06%
- 5Y*
- 7.62%
- 10Y*
- 20.37%
MPWR
- 1D
- 9.30%
- 1M
- -4.13%
- YTD
- 20.87%
- 6M
- 19.20%
- 1Y
- 89.95%
- 3Y*
- 30.74%
- 5Y*
- 25.27%
- 10Y*
- 33.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ON vs. MPWR — Risk / Return Rank
ON
MPWR
ON vs. MPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ON Semiconductor Corporation (ON) and Monolithic Power Systems, Inc. (MPWR). 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.
| ON | MPWR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 1.61 | -0.72 |
Sortino ratioReturn per unit of downside risk | 1.57 | 2.28 | -0.71 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.31 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 3.95 | -2.12 |
Martin ratioReturn relative to average drawdown | 3.61 | 10.08 | -6.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| ON | MPWR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 1.61 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.48 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.73 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.54 | -0.48 |
Correlation
The correlation between ON and MPWR is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ON vs. MPWR - Dividend Comparison
ON has not paid dividends to shareholders, while MPWR's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ON ON 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% |
MPWR Monolithic Power Systems, Inc. | 0.61% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
Drawdowns
ON vs. MPWR - Drawdown Comparison
The maximum ON drawdown since its inception was -96.22%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for ON and MPWR.
Loading graphics...
Drawdown Indicators
| ON | MPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.22% | -72.27% | -23.95% |
Max Drawdown (1Y)Largest decline over 1 year | -28.10% | -22.93% | -5.17% |
Max Drawdown (5Y)Largest decline over 5 years | -70.44% | -51.65% | -18.79% |
Max Drawdown (10Y)Largest decline over 10 years | -70.44% | -51.65% | -18.79% |
Current DrawdownCurrent decline from peak | -42.71% | -11.07% | -31.64% |
Average DrawdownAverage peak-to-trough decline | -53.49% | -17.84% | -35.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.20% | 8.98% | +5.22% |
Volatility
ON vs. MPWR - Volatility Comparison
ON Semiconductor Corporation (ON) has a higher volatility of 17.74% compared to Monolithic Power Systems, Inc. (MPWR) at 16.61%. This indicates that ON's price experiences larger fluctuations and is considered to be riskier than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| ON | MPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.74% | 16.61% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 35.17% | 34.32% | +0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.93% | 56.06% | +2.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.92% | 52.63% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.28% | 46.56% | +3.72% |
Financials
ON vs. MPWR - Financials Comparison
This section allows you to compare key financial metrics between ON Semiconductor Corporation and Monolithic Power Systems, 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
ON vs. MPWR - Profitability Comparison
ON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, ON Semiconductor Corporation reported a gross profit of 551.00M and revenue of 1.53B. Therefore, the gross margin over that period was 36.0%.
MPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported a gross profit of 414.27M and revenue of 751.16M. Therefore, the gross margin over that period was 55.2%.
ON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, ON Semiconductor Corporation reported an operating income of 200.10M and revenue of 1.53B, resulting in an operating margin of 13.1%.
MPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported an operating income of 199.94M and revenue of 751.16M, resulting in an operating margin of 26.6%.
ON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, ON Semiconductor Corporation reported a net income of 181.80M and revenue of 1.53B, resulting in a net margin of 11.9%.
MPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Monolithic Power Systems, Inc. reported a net income of 170.14M and revenue of 751.16M, resulting in a net margin of 22.7%.