POWI vs. MCHP
POWI (Power Integrations, Inc.) and MCHP (Microchip Technology Incorporated) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, POWI returned 9.33%/yr vs 12.56%/yr for MCHP. Their 0.55 correlation means they have sometimes moved together and sometimes differently.
Performance
POWI vs. MCHP - Performance Comparison
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Returns By Period
In the year-to-date period, POWI achieves a 72.01% return, which is significantly higher than MCHP's 17.86% return. Over the past 10 years, POWI has underperformed MCHP with an annualized return of 9.33%, while MCHP has yielded a comparatively higher 12.56% annualized return.
POWI
- 1D
- -0.26%
- 1M
- -16.82%
- 6M
- 33.07%
- YTD
- 72.01%
- 1Y
- 29.74%
- 3Y*
- -12.60%
- 5Y*
- -7.88%
- 10Y*
- 9.33%
- ALL TIME*
- 13.02%
MCHP
- 1D
- -0.96%
- 1M
- -12.23%
- 6M
- -1.08%
- YTD
- 17.86%
- 1Y
- 14.99%
- 3Y*
- -4.99%
- 5Y*
- 2.91%
- 10Y*
- 12.56%
- ALL TIME*
- 19.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $869.89M | $875.78M | $1.09B | |
| $41.20M | $50.69M | $85.35M |
POWI vs. MCHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
POWI Power Integrations, Inc. | 72.01% | -41.33% | -23.97% | 15.56% | -22.09% | 14.12% | 66.77% | 63.64% | -16.32% | 9.26% |
MCHP Microchip Technology Incorporated | 17.86% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
Correlation
The correlation between POWI and MCHP is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 1997 | 0.55 |
The correlation between POWI and MCHP shifts across timeframes, from 0.55 (all time) to 0.74 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
POWI:
$3.38B
MCHP:
$40.34B
POWI:
$0.30
MCHP:
$0.48
POWI:
203.99
MCHP:
154.02
POWI:
7.59
MCHP:
5.70
POWI:
$446.28M
MCHP:
$4.71B
POWI:
$240.35M
MCHP:
$2.72B
POWI:
$30.43M
MCHP:
$1.02B
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Return for Risk
POWI vs. MCHP — Risk / Return Rank
POWI
MCHP
POWI vs. MCHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Power Integrations, Inc. (POWI) 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.
| POWI | MCHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.09 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.74 | 0.42 | +0.32 |
| Martin ratioReturn relative to average drawdown | 1.77 | 1.10 | +0.68 |
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Drawdowns
POWI vs. MCHP - Drawdown Comparison
The maximum POWI drawdown since its inception was -85.76%, which is greater than MCHP's maximum drawdown of -63.77%. Use the drawdown chart below to compare losses from any high point for POWI and MCHP.
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Drawdown Indicators
| POWI | MCHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.76% | -63.77% | -21.99% |
Max Drawdown (1Y)Largest decline over 1 year | -37.09% | -30.51% | -6.58% |
Max Drawdown (3Y)Largest decline over 3 years | -63.55% | -63.77% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -70.68% | -63.77% | -6.91% |
Max Drawdown (10Y)Largest decline over 10 years | -70.68% | -63.77% | -6.91% |
Current DrawdownCurrent decline from peak | -41.66% | -27.67% | -13.99% |
Average DrawdownAverage peak-to-trough decline | -38.60% | -16.70% | -21.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.46% | 11.76% | +3.70% |
Volatility
POWI vs. MCHP - Volatility Comparison
Power Integrations, Inc. (POWI) has a higher volatility of 22.30% compared to Microchip Technology Incorporated (MCHP) at 15.59%. This indicates that POWI'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
| POWI | MCHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.30% | 15.59% | +6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 46.76% | 36.13% | +10.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.16% | 47.77% | +14.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.47% | 45.02% | +0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.43% | 42.36% | +0.07% |
Dividends
POWI vs. MCHP - Dividend Comparison
POWI's dividend yield for the trailing twelve months is around 1.40%, less than MCHP's 2.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCHP Microchip Technology Incorporated | 2.45% | 2.86% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.07% |
POWI Power Integrations, Inc. | 1.40% | 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. MCHP - Financials Comparison
This section allows you to compare key financial metrics between Power Integrations, Inc. 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
POWI vs. MCHP - Profitability Comparison
POWI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Microchip Technology Incorporated reported a gross profit of 967.30M and revenue of 1.31B. Therefore, the gross margin over that period was 73.8%.
POWI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Power Integrations, Inc. reported an operating income of 1.45M and revenue of 108.31M, resulting in an operating margin of 1.3%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Microchip Technology Incorporated reported an operating income of 211.10M and revenue of 1.31B, resulting in an operating margin of 16.1%.
POWI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Power Integrations, Inc. reported a net income of 3.30M and revenue of 108.31M, resulting in a net margin of 3.1%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Microchip Technology Incorporated reported a net income of 116.40M and revenue of 1.31B, resulting in a net margin of 8.9%.
Frequently Asked Questions
POWI and MCHP have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
POWI has higher volatility (22.30%) compared to MCHP (15.59%). In terms of maximum drawdown, POWI dropped -85.76% vs MCHP's -63.77%.
POWI currently has the higher Sharpe Ratio (0.44 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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