QRVO vs. AAPL
Compare and contrast key facts about Qorvo, Inc. (QRVO) and Apple Inc (AAPL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QRVO or AAPL.
Correlation
The correlation between QRVO and AAPL is 0.42, 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.
Performance
QRVO vs. AAPL - Performance Comparison
Key characteristics
QRVO:
-0.86
AAPL:
1.21
QRVO:
-0.97
AAPL:
1.82
QRVO:
0.84
AAPL:
1.23
QRVO:
-0.48
AAPL:
1.64
QRVO:
-1.84
AAPL:
4.00
QRVO:
21.03%
AAPL:
6.81%
QRVO:
45.15%
AAPL:
22.53%
QRVO:
-99.18%
AAPL:
-81.80%
QRVO:
-80.43%
AAPL:
-2.14%
Fundamentals
QRVO:
$6.71B
AAPL:
$3.83T
QRVO:
-$1.45
AAPL:
$6.08
QRVO:
0.47
AAPL:
2.62
QRVO:
$3.95B
AAPL:
$391.04B
QRVO:
$1.58B
AAPL:
$180.68B
QRVO:
$370.53M
AAPL:
$134.66B
Returns By Period
In the year-to-date period, QRVO achieves a -39.17% return, which is significantly lower than AAPL's 29.47% return. Over the past 10 years, QRVO has underperformed AAPL with an annualized return of 0.71%, while AAPL has yielded a comparatively higher 25.91% annualized return.
QRVO
-39.17%
3.29%
-40.28%
-38.56%
-10.13%
0.71%
AAPL
29.47%
8.78%
16.02%
26.57%
29.75%
25.91%
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Risk-Adjusted Performance
QRVO vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and Apple Inc (AAPL). 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.
Dividends
QRVO vs. AAPL - Dividend Comparison
QRVO has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.40%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Qorvo, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Apple Inc | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% | 2.10% |
Drawdowns
QRVO vs. AAPL - Drawdown Comparison
The maximum QRVO drawdown since its inception was -99.18%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for QRVO and AAPL. For additional features, visit the drawdowns tool.
Volatility
QRVO vs. AAPL - Volatility Comparison
Qorvo, Inc. (QRVO) has a higher volatility of 7.47% compared to Apple Inc (AAPL) at 3.78%. This indicates that QRVO's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
QRVO vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Qorvo, Inc. and Apple 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