QRVO vs. ON
Compare and contrast key facts about Qorvo, Inc. (QRVO) and ON Semiconductor Corporation (ON).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QRVO or ON.
Correlation
The correlation between QRVO and ON is 0.50, 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. ON - Performance Comparison
Key characteristics
QRVO:
-0.66
ON:
-0.55
QRVO:
-0.63
ON:
-0.57
QRVO:
0.90
ON:
0.94
QRVO:
-0.37
ON:
-0.52
QRVO:
-1.26
ON:
-1.77
QRVO:
23.71%
ON:
14.64%
QRVO:
45.03%
ON:
47.20%
QRVO:
-99.18%
ON:
-96.36%
QRVO:
-79.19%
ON:
-48.95%
Fundamentals
QRVO:
$6.88B
ON:
$23.50B
QRVO:
-$1.45
ON:
$4.03
QRVO:
0.47
ON:
1.61
QRVO:
$2.87B
ON:
$5.36B
QRVO:
$1.19B
ON:
$2.41B
QRVO:
$317.88M
ON:
$1.93B
Returns By Period
In the year-to-date period, QRVO achieves a 4.13% return, which is significantly higher than ON's -12.48% return. Over the past 10 years, QRVO has underperformed ON with an annualized return of 1.02%, while ON has yielded a comparatively higher 18.87% annualized return.
QRVO
4.13%
4.64%
-43.64%
-28.82%
-8.57%
1.02%
ON
-12.48%
-16.34%
-29.92%
-24.89%
17.20%
18.87%
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Risk-Adjusted Performance
QRVO vs. ON — Risk-Adjusted Performance Rank
QRVO
ON
QRVO vs. ON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and ON Semiconductor Corporation (ON). 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. ON - Dividend Comparison
Neither QRVO nor ON has paid dividends to shareholders.
Drawdowns
QRVO vs. ON - Drawdown Comparison
The maximum QRVO drawdown since its inception was -99.18%, roughly equal to the maximum ON drawdown of -96.36%. Use the drawdown chart below to compare losses from any high point for QRVO and ON. For additional features, visit the drawdowns tool.
Volatility
QRVO vs. ON - Volatility Comparison
The current volatility for Qorvo, Inc. (QRVO) is 6.91%, while ON Semiconductor Corporation (ON) has a volatility of 14.03%. This indicates that QRVO experiences smaller price fluctuations and is considered to be less risky than ON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
QRVO vs. ON - Financials Comparison
This section allows you to compare key financial metrics between Qorvo, Inc. and ON 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