QCOM vs. WMT
QCOM (QUALCOMM Incorporated) and WMT (Walmart Inc.) are both stocks. QCOM operates in Semiconductors (Technology), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, QCOM returned 18.18%/yr vs 19.62%/yr for WMT. At a 0.23 correlation, their price movements are largely independent.
Performance
QCOM vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, QCOM achieves a 28.60% return, which is significantly higher than WMT's 7.98% return. Over the past 10 years, QCOM has underperformed WMT with an annualized return of 18.18%, while WMT has yielded a comparatively higher 19.62% annualized return.
QCOM
- 1D
- 0.85%
- 1M
- -0.24%
- YTD
- 28.60%
- 6M
- 25.48%
- 1Y
- 48.99%
- 3Y*
- 24.96%
- 5Y*
- 12.79%
- 10Y*
- 18.18%
WMT
- 1D
- 0.80%
- 1M
- -8.13%
- YTD
- 7.98%
- 6M
- 6.15%
- 1Y
- 23.97%
- 3Y*
- 34.37%
- 5Y*
- 22.47%
- 10Y*
- 19.62%
QCOM vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QCOM QUALCOMM Incorporated | 28.60% | 13.84% | 8.31% | 35.07% | -38.58% | 22.25% | 77.08% | 60.76% | -7.59% | 2.05% |
WMT Walmart Inc. | 7.98% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between QCOM and WMT is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 1991 | 0.23 |
The correlation between QCOM and WMT shifts across timeframes, from -0.15 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
QCOM:
$233.45B
WMT:
$958.52B
QCOM:
$9.11
WMT:
$2.88
QCOM:
23.89
WMT:
41.62
QCOM:
5.33
WMT:
1.32
QCOM:
8.56
WMT:
10.16
QCOM:
$44.49B
WMT:
$725.31B
QCOM:
$24.38B
WMT:
$181.16B
QCOM:
$12.92B
WMT:
$44.32B
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Return for Risk
QCOM vs. WMT — Risk / Return Rank
QCOM
WMT
QCOM vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QUALCOMM Incorporated (QCOM) and Walmart Inc. (WMT). 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.
| QCOM | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.20 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.53 | -0.04 |
| Martin ratioReturn relative to average drawdown | 3.34 | 5.02 | -1.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QCOM | WMT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 1.02 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 1.04 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.91 | -0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.64 | -0.21 |
Drawdowns
QCOM vs. WMT - Drawdown Comparison
The maximum QCOM drawdown since its inception was -86.75%, which is greater than WMT's maximum drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for QCOM and WMT.
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Drawdown Indicators
| QCOM | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.75% | -77.14% | -9.61% |
Max Drawdown (1Y)Largest decline over 1 year | -33.13% | -15.75% | -17.38% |
Max Drawdown (3Y)Largest decline over 3 years | -44.23% | -21.93% | -22.30% |
Max Drawdown (5Y)Largest decline over 5 years | -44.29% | -25.74% | -18.55% |
Max Drawdown (10Y)Largest decline over 10 years | -44.29% | -25.74% | -18.55% |
Current DrawdownCurrent decline from peak | -12.93% | -10.71% | -2.22% |
Average DrawdownAverage peak-to-trough decline | -32.88% | -14.63% | -18.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.70% | 4.79% | +9.91% |
Volatility
QCOM vs. WMT - Volatility Comparison
QUALCOMM Incorporated (QCOM) has a higher volatility of 29.80% compared to Walmart Inc. (WMT) at 10.26%. This indicates that QCOM's price experiences larger fluctuations and is considered to be riskier than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QCOM | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.80% | 10.26% | +19.54% |
Volatility (6M)Calculated over the trailing 6-month period | 40.61% | 18.59% | +22.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.39% | 23.72% | +23.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.86% | 21.68% | +19.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.13% | 21.73% | +17.40% |
Dividends
QCOM vs. WMT - Dividend Comparison
QCOM's dividend yield for the trailing twelve months is around 1.65%, more than WMT's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QCOM QUALCOMM Incorporated | 1.65% | 2.06% | 2.18% | 2.18% | 2.67% | 1.47% | 1.69% | 2.81% | 4.27% | 3.50% | 3.17% | 3.72% |
WMT Walmart Inc. | 0.81% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
QCOM vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between QUALCOMM Incorporated and Walmart 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
QCOM vs. WMT - Profitability Comparison
QCOM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QUALCOMM Incorporated reported a gross profit of 5.70B and revenue of 10.60B. Therefore, the gross margin over that period was 53.8%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
QCOM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QUALCOMM Incorporated reported an operating income of 2.31B and revenue of 10.60B, resulting in an operating margin of 21.8%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
QCOM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QUALCOMM Incorporated reported a net income of 7.37B and revenue of 10.60B, resulting in a net margin of 69.5%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
QCOM and WMT have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QCOM has higher volatility (29.80%) compared to WMT (10.26%). In terms of maximum drawdown, QCOM dropped -86.75% vs WMT's -77.14%.
QCOM currently has the higher Sharpe Ratio (1.04 vs 1.02), 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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