PYPL vs. MCHP
PYPL (PayPal Holdings, Inc.) and MCHP (Microchip Technology Incorporated) are both stocks. PYPL operates in Credit Services (Financial Services), while MCHP operates in Semiconductors (Technology). Over the past 10 years, PYPL returned 1.21%/yr vs 15.99%/yr for MCHP. At a 0.46 correlation, their price movements are largely independent.
Performance
PYPL vs. MCHP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PYPL achieves a -28.41% return, which is significantly lower than MCHP's 51.10% return. Over the past 10 years, PYPL has underperformed MCHP with an annualized return of 1.21%, while MCHP has yielded a comparatively higher 15.99% annualized return.
PYPL
- 1D
- 0.70%
- 1M
- -6.18%
- YTD
- -28.41%
- 6M
- -32.22%
- 1Y
- -40.86%
- 3Y*
- -12.98%
- 5Y*
- -31.18%
- 10Y*
- 1.21%
MCHP
- 1D
- 2.47%
- 1M
- 1.99%
- YTD
- 51.10%
- 6M
- 43.32%
- 1Y
- 48.83%
- 3Y*
- 6.19%
- 5Y*
- 6.57%
- 10Y*
- 15.99%
PYPL vs. MCHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYPL PayPal Holdings, Inc. | -28.41% | -31.44% | 38.98% | -13.77% | -62.23% | -19.48% | 116.51% | 28.64% | 14.22% | 86.52% |
MCHP Microchip Technology Incorporated | 51.10% | 14.61% | -34.96% | 30.90% | -17.98% | 27.49% | 33.73% | 48.02% | -16.71% | 39.46% |
Correlation
The correlation between PYPL and MCHP is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2015 | 0.46 |
Over the past year, the correlation between PYPL and MCHP has dropped to 0.24 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Fundamentals
PYPL:
$5.31
MCHP:
$0.43
PYPL:
7.83
MCHP:
221.70
PYPL:
0.38
MCHP:
3.34
PYPL:
1.17
MCHP:
8.20
PYPL:
$33.73B
MCHP:
$4.71B
PYPL:
$15.56B
MCHP:
$2.72B
PYPL:
$7.23B
MCHP:
$1.02B
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
PYPL vs. MCHP — Risk / Return Rank
PYPL
MCHP
PYPL vs. MCHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) 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.
| PYPL | MCHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -3.25 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 1.20 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 1.28 | -2.17 |
| Martin ratioReturn relative to average drawdown | -1.54 | 3.40 | -4.94 |
Loading charts...
Drawdowns
PYPL vs. MCHP - Drawdown Comparison
The maximum PYPL drawdown since its inception was -87.30%, which is greater than MCHP's maximum drawdown of -63.77%. Use the drawdown chart below to compare losses from any high point for PYPL and MCHP.
Loading charts...
Drawdown Indicators
| PYPL | MCHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.30% | -63.77% | -23.53% |
Max Drawdown (1Y)Largest decline over 1 year | -49.92% | -34.41% | -15.51% |
Max Drawdown (3Y)Largest decline over 3 years | -57.34% | -63.77% | +6.43% |
Max Drawdown (5Y)Largest decline over 5 years | -87.30% | -63.77% | -23.53% |
Max Drawdown (10Y)Largest decline over 10 years | -87.30% | -63.77% | -23.53% |
Current DrawdownCurrent decline from peak | -86.42% | -7.00% | -79.42% |
Average DrawdownAverage peak-to-trough decline | -35.90% | -16.71% | -19.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.60% | 12.99% | +15.61% |
Volatility
PYPL vs. MCHP - Volatility Comparison
The current volatility for PayPal Holdings, Inc. (PYPL) is 7.01%, while Microchip Technology Incorporated (MCHP) has a volatility of 16.18%. This indicates that PYPL experiences smaller price fluctuations and is considered to be less risky than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PYPL | MCHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 16.18% | -9.17% |
Volatility (6M)Calculated over the trailing 6-month period | 31.72% | 32.33% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.10% | 44.05% | -4.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.08% | 44.17% | -2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.77% | 41.91% | -3.14% |
Dividends
PYPL vs. MCHP - Dividend Comparison
PYPL's dividend yield for the trailing twelve months is around 1.01%, less than MCHP's 1.91% yield.
| 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% |
PYPL PayPal Holdings, Inc. | 1.01% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PYPL vs. MCHP - Financials Comparison
This section allows you to compare key financial metrics between PayPal Holdings, 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
PYPL vs. MCHP - Profitability Comparison
PYPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a gross profit of 3.81B and revenue of 8.35B. Therefore, the gross margin over that period was 45.6%.
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PYPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported an operating income of 1.49B and revenue of 8.35B, resulting in an operating margin of 17.8%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microchip Technology Incorporated reported an operating income of 211.10M and revenue of 1.31B, resulting in an operating margin of 16.1%.
PYPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PayPal Holdings, Inc. reported a net income of 1.11B and revenue of 8.35B, resulting in a net margin of 13.3%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
PYPL and MCHP have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MCHP has higher volatility (16.18%) compared to PYPL (7.01%). In terms of maximum drawdown, PYPL dropped -87.30% vs MCHP's -63.77%.
MCHP currently has the higher Sharpe Ratio (1.01 vs -1.13), 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.
Find the right allocation for PYPL and MCHP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer