POWI vs. ASX
POWI (Power Integrations, Inc.) and ASX (ASE Technology Holding Co., Ltd.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, POWI returned 14.38%/yr vs 29.30%/yr for ASX. At a 0.39 correlation, their price movements are largely independent.
Performance
POWI vs. ASX - Performance Comparison
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Returns By Period
In the year-to-date period, POWI achieves a 147.49% return, which is significantly lower than ASX's 170.93% return. Over the past 10 years, POWI has underperformed ASX with an annualized return of 14.38%, while ASX has yielded a comparatively higher 29.30% annualized return.
POWI
- 1D
- 0.28%
- 1M
- 23.59%
- YTD
- 147.49%
- 6M
- 137.53%
- 1Y
- 66.22%
- 3Y*
- 1.60%
- 5Y*
- 3.18%
- 10Y*
- 14.38%
ASX
- 1D
- 7.54%
- 1M
- 25.31%
- YTD
- 170.93%
- 6M
- 184.17%
- 1Y
- 346.22%
- 3Y*
- 79.24%
- 5Y*
- 46.47%
- 10Y*
- 29.30%
POWI vs. ASX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
POWI Power Integrations, Inc. | 147.49% | -41.33% | -23.97% | 15.56% | -22.09% | 14.12% | 66.77% | 63.64% | -16.32% | 9.26% |
ASX ASE Technology Holding Co., Ltd. | 170.93% | 65.68% | 10.14% | 60.87% | -12.75% | 38.25% | 8.13% | 53.97% | -37.08% | 31.93% |
Correlation
The correlation between POWI and ASX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2000 | 0.39 |
The correlation between POWI and ASX shifts across timeframes, from 0.39 (all time) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
POWI:
$4.88B
ASX:
$97.82B
POWI:
$0.30
ASX:
NT$21.22
POWI:
294.29
ASX:
64.96
POWI:
10.95
ASX:
4.60
POWI:
7.26
ASX:
8.82
POWI:
$446.28M
ASX:
NT$666.14B
POWI:
$240.35M
ASX:
NT$122.03B
POWI:
$30.43M
ASX:
NT$130.31B
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Return for Risk
POWI vs. ASX — Risk / Return Rank
POWI
ASX
POWI vs. ASX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Power Integrations, Inc. (POWI) and ASE Technology Holding Co., Ltd. (ASX). 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.
| POWI | ASX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.19 | ||
| Sortino ratioReturn per unit of downside risk | -3.87 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.81 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 20.76 | -19.37 |
| Martin ratioReturn relative to average drawdown | 2.75 | 54.16 | -51.42 |
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Drawdowns
POWI vs. ASX - Drawdown Comparison
The maximum POWI drawdown since its inception was -85.76%, which is greater than ASX's maximum drawdown of -78.05%. Use the drawdown chart below to compare losses from any high point for POWI and ASX.
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Drawdown Indicators
| POWI | ASX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.76% | -78.05% | -7.71% |
Max Drawdown (1Y)Largest decline over 1 year | -47.83% | -16.81% | -31.02% |
Max Drawdown (3Y)Largest decline over 3 years | -67.82% | -40.64% | -27.18% |
Max Drawdown (5Y)Largest decline over 5 years | -70.68% | -45.99% | -24.69% |
Max Drawdown (10Y)Largest decline over 10 years | -70.68% | -54.17% | -16.51% |
Current DrawdownCurrent decline from peak | -16.06% | 0.00% | -16.06% |
Average DrawdownAverage peak-to-trough decline | -38.63% | -22.55% | -16.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.19% | 6.43% | +17.76% |
Volatility
POWI vs. ASX - Volatility Comparison
Power Integrations, Inc. (POWI) and ASE Technology Holding Co., Ltd. (ASX) have volatilities of 24.22% and 24.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| POWI | ASX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.22% | 24.54% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 39.96% | 37.59% | +2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.67% | 47.57% | +10.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.71% | 40.50% | +4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.80% | 38.78% | +3.02% |
Dividends
POWI vs. ASX - Dividend Comparison
POWI's dividend yield for the trailing twelve months is around 0.97%, more than ASX's 0.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASX ASE Technology Holding Co., Ltd. | 0.82% | 2.23% | 3.19% | 6.07% | 7.64% | 3.86% | 2.34% | 2.88% | 14.19% | 2.51% | 3.63% | 4.00% |
POWI Power Integrations, Inc. | 0.97% | 2.36% | 1.31% | 0.94% | 1.00% | 0.58% | 0.51% | 0.71% | 1.05% | 0.76% | 0.77% | 0.99% |
Financials
POWI vs. ASX - Financials Comparison
This section allows you to compare key financial metrics between Power Integrations, Inc. and ASE Technology Holding Co., Ltd.. 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
POWI vs. ASX - Profitability Comparison
POWI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Power Integrations, Inc. reported a gross profit of 56.94M and revenue of 108.31M. Therefore, the gross margin over that period was 52.6%.
ASX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported a gross profit of 35.21B and revenue of 175.46B. Therefore, the gross margin over that period was 20.1%.
POWI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Power Integrations, Inc. reported an operating income of 1.45M and revenue of 108.31M, resulting in an operating margin of 1.3%.
ASX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported an operating income of 17.71B and revenue of 175.46B, resulting in an operating margin of 10.1%.
POWI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Power Integrations, Inc. reported a net income of 3.30M and revenue of 108.31M, resulting in a net margin of 3.1%.
ASX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ASE Technology Holding Co., Ltd. reported a net income of 14.29B and revenue of 175.46B, resulting in a net margin of 8.2%.
Frequently Asked Questions
POWI and ASX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASX has higher volatility (24.54%) compared to POWI (24.22%). In terms of maximum drawdown, POWI dropped -85.76% vs ASX's -78.05%.
ASX currently has the higher Sharpe Ratio (7.35 vs 1.16), 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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