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QRVO vs. AVGO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

QRVO vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Qorvo, Inc. (QRVO) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
-32.79%
17.92%
QRVO
AVGO

Returns By Period

In the year-to-date period, QRVO achieves a -41.11% return, which is significantly lower than AVGO's 50.01% return. Over the past 10 years, QRVO has underperformed AVGO with an annualized return of 1.54%, while AVGO has yielded a comparatively higher 37.41% annualized return.


QRVO

YTD

-41.11%

1M

-36.54%

6M

-32.79%

1Y

-29.51%

5Y (annualized)

-8.25%

10Y (annualized)

1.54%

AVGO

YTD

50.01%

1M

-7.90%

6M

17.92%

1Y

72.05%

5Y (annualized)

44.06%

10Y (annualized)

37.41%

Fundamentals


QRVOAVGO
Market Cap$6.36B$769.90B
EPS-$1.45$1.24
PEG Ratio0.471.16
Total Revenue (TTM)$3.95B$37.52B
Gross Profit (TTM)$1.58B$21.28B
EBITDA (TTM)$363.98M$16.59B

Key characteristics


QRVOAVGO
Sharpe Ratio-0.651.64
Sortino Ratio-0.612.30
Omega Ratio0.901.29
Calmar Ratio-0.362.98
Martin Ratio-1.819.01
Ulcer Index16.17%8.36%
Daily Std Dev45.34%45.99%
Max Drawdown-99.18%-48.30%
Current Drawdown-81.05%-10.91%

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Correlation

-0.50.00.51.00.6

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.

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.


Sharpe ratio
The chart of Sharpe ratio for QRVO, currently valued at -0.65, compared to the broader market-4.00-2.000.002.004.00-0.651.64
The chart of Sortino ratio for QRVO, currently valued at -0.61, compared to the broader market-4.00-2.000.002.004.00-0.612.30
The chart of Omega ratio for QRVO, currently valued at 0.90, compared to the broader market0.501.001.502.000.901.29
The chart of Calmar ratio for QRVO, currently valued at -0.44, compared to the broader market0.002.004.006.00-0.442.98
The chart of Martin ratio for QRVO, currently valued at -1.81, compared to the broader market-10.000.0010.0020.0030.00-1.819.01
QRVO
AVGO

The current QRVO Sharpe Ratio is -0.65, which is lower than the AVGO Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of QRVO and AVGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.65
1.64
QRVO
AVGO

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 1.27%.


TTM20232022202120202019201820172016201520142013
QRVO
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%
AVGO
Broadcom Inc.
1.27%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.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-66.76%
-10.91%
QRVO
AVGO

Volatility

QRVO vs. AVGO - Volatility Comparison

Qorvo, Inc. (QRVO) has a higher volatility of 31.83% compared to Broadcom Inc. (AVGO) at 10.11%. This indicates that QRVO's price experiences larger fluctuations and is considered to be riskier than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
31.83%
10.11%
QRVO
AVGO

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items