QRVO vs. AVGO
Compare and contrast key facts about Qorvo, Inc. (QRVO) and Broadcom Inc. (AVGO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QRVO or AVGO.
Correlation
The correlation between QRVO and AVGO is 0.59, 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. AVGO - Performance Comparison
Key characteristics
QRVO:
-0.86
AVGO:
1.75
QRVO:
-0.97
AVGO:
2.63
QRVO:
0.84
AVGO:
1.33
QRVO:
-0.48
AVGO:
3.71
QRVO:
-1.84
AVGO:
10.81
QRVO:
21.03%
AVGO:
8.66%
QRVO:
45.15%
AVGO:
53.52%
QRVO:
-99.18%
AVGO:
-48.30%
QRVO:
-80.43%
AVGO:
-12.67%
Fundamentals
QRVO:
$6.71B
AVGO:
$1.12T
QRVO:
-$1.45
AVGO:
$1.30
QRVO:
0.47
AVGO:
0.72
QRVO:
$3.95B
AVGO:
$51.57B
QRVO:
$1.58B
AVGO:
$31.04B
QRVO:
$370.53M
AVGO:
$21.22B
Returns By Period
In the year-to-date period, QRVO achieves a -39.17% return, which is significantly lower than AVGO's 97.69% return. Over the past 10 years, QRVO has underperformed AVGO with an annualized return of 0.71%, while AVGO has yielded a comparatively higher 39.53% annualized return.
QRVO
-39.17%
3.29%
-40.28%
-38.56%
-10.13%
0.71%
AVGO
97.69%
32.04%
26.68%
98.73%
51.19%
39.53%
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Risk-Adjusted Performance
QRVO vs. AVGO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and Broadcom Inc. (AVGO). 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. AVGO - Dividend Comparison
QRVO has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.72%.
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% |
Broadcom Inc. | 0.72% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% | 1.22% | 1.66% |
Drawdowns
QRVO vs. AVGO - Drawdown Comparison
The maximum QRVO drawdown since its inception was -99.18%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for QRVO and AVGO. For additional features, visit the drawdowns tool.
Volatility
QRVO vs. AVGO - Volatility Comparison
The current volatility for Qorvo, Inc. (QRVO) is 7.47%, while Broadcom Inc. (AVGO) has a volatility of 27.83%. This indicates that QRVO experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
QRVO vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between Qorvo, Inc. and Broadcom 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