QRVO vs. NVTS
QRVO (Qorvo, Inc.) and NVTS (Navitas Semiconductor Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, QRVO returned -11.26%/yr vs 19.68%/yr for NVTS. At a 0.45 correlation, their price movements are largely independent.
Performance
QRVO vs. NVTS - Performance Comparison
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Returns By Period
In the year-to-date period, QRVO achieves a 18.20% return, which is significantly lower than NVTS's 242.86% return.
QRVO
- 1D
- 1.64%
- 1M
- 10.34%
- YTD
- 18.20%
- 6M
- 11.73%
- 1Y
- 27.12%
- 3Y*
- 0.52%
- 5Y*
- -11.26%
- 10Y*
- 6.34%
NVTS
- 1D
- -2.39%
- 1M
- 34.51%
- YTD
- 242.86%
- 6M
- 155.00%
- 1Y
- 296.12%
- 3Y*
- 38.32%
- 5Y*
- 19.68%
- 10Y*
- —
QRVO vs. NVTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
QRVO Qorvo, Inc. | 18.20% | 20.85% | -37.90% | 24.24% | -42.04% | -13.56% |
NVTS Navitas Semiconductor Corporation | 242.86% | 100.00% | -55.76% | 129.91% | -79.37% | 56.34% |
Correlation
The correlation between QRVO and NVTS is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2021 | 0.45 |
The correlation between QRVO and NVTS shifts across timeframes, from 0.30 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
QRVO:
$3.63
NVTS:
-$0.84
QRVO:
2.54
NVTS:
95.81
QRVO:
$3.68B
NVTS:
$40.50M
QRVO:
$1.69B
NVTS:
$7.44M
QRVO:
$659.34M
NVTS:
-$83.31M
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Return for Risk
QRVO vs. NVTS — Risk / Return Rank
QRVO
NVTS
QRVO vs. NVTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and Navitas Semiconductor Corporation (NVTS). 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.
| QRVO | NVTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.35 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.24 | 5.12 | -3.88 |
| Martin ratioReturn relative to average drawdown | 2.44 | 8.41 | -5.97 |
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
| QRVO | NVTS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 2.37 | -1.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | 0.16 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.14 | -0.07 |
Drawdowns
QRVO vs. NVTS - Drawdown Comparison
The maximum QRVO drawdown since its inception was -74.54%, smaller than the maximum NVTS drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for QRVO and NVTS.
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Drawdown Indicators
| QRVO | NVTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.54% | -92.04% | +17.50% |
Max Drawdown (1Y)Largest decline over 1 year | -21.97% | -58.25% | +36.28% |
Max Drawdown (3Y)Largest decline over 3 years | -60.68% | -85.18% | +24.50% |
Max Drawdown (5Y)Largest decline over 5 years | -74.03% | -92.04% | +18.01% |
Max Drawdown (10Y)Largest decline over 10 years | -74.54% | — | — |
Current DrawdownCurrent decline from peak | -49.94% | -22.99% | -26.95% |
Average DrawdownAverage peak-to-trough decline | -31.88% | -58.21% | +26.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.14% | 35.39% | -24.25% |
Volatility
QRVO vs. NVTS - Volatility Comparison
The current volatility for Qorvo, Inc. (QRVO) is 15.19%, while Navitas Semiconductor Corporation (NVTS) has a volatility of 53.26%. This indicates that QRVO experiences smaller price fluctuations and is considered to be less risky than NVTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QRVO | NVTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.19% | 53.26% | -38.07% |
Volatility (6M)Calculated over the trailing 6-month period | 26.14% | 91.96% | -65.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.65% | 126.22% | -91.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.15% | 121.66% | -79.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.05% | 117.55% | -75.50% |
Dividends
QRVO vs. NVTS - Dividend Comparison
Neither QRVO nor NVTS has paid dividends to shareholders.
Financials
QRVO vs. NVTS - Financials Comparison
This section allows you to compare key financial metrics between Qorvo, Inc. and Navitas Semiconductor Corporation. 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
Frequently Asked Questions
QRVO and NVTS have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVTS has higher volatility (53.26%) compared to QRVO (15.19%). In terms of maximum drawdown, QRVO dropped -74.54% vs NVTS's -92.04%.
NVTS currently has the higher Sharpe Ratio (2.37 vs 0.79), 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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