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 0.55, 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:
-0.43
ON:
-0.76
QRVO:
-0.26
ON:
-0.98
QRVO:
0.96
ON:
0.88
QRVO:
-0.29
ON:
-0.61
QRVO:
-0.73
ON:
-1.64
QRVO:
33.82%
ON:
26.18%
QRVO:
57.74%
ON:
57.48%
QRVO:
-99.18%
ON:
-96.36%
QRVO:
-79.32%
ON:
-63.21%
Fundamentals
QRVO:
$6.61B
ON:
$16.05B
QRVO:
$0.58
ON:
$1.44
QRVO:
121.93
ON:
26.67
QRVO:
0.20
ON:
1.40
QRVO:
1.75
ON:
2.27
QRVO:
1.92
ON:
2.00
QRVO:
$3.72B
ON:
$6.67B
QRVO:
$1.56B
ON:
$2.64B
QRVO:
$363.30M
ON:
$1.30B
Returns By Period
In the year-to-date period, QRVO achieves a 3.49% return, which is significantly higher than ON's -36.92% return. Over the past 10 years, QRVO has underperformed ON with an annualized return of -0.30%, while ON has yielded a comparatively higher 12.36% annualized return.
QRVO
3.49%
42.43%
0.43%
-24.63%
-6.84%
-0.30%
ON
-36.92%
24.48%
-44.80%
-43.72%
18.43%
12.36%
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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
Qorvo, Inc. (QRVO) and ON Semiconductor Corporation (ON) have volatilities of 28.21% and 28.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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
QRVO vs. ON - Profitability Comparison
QRVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Qorvo, Inc. reported a gross profit of 393.74M and revenue of 869.47M. Therefore, the gross margin over that period was 45.3%.
ON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ON Semiconductor Corporation reported a gross profit of 293.80M and revenue of 1.45B. Therefore, the gross margin over that period was 20.3%.
QRVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Qorvo, Inc. reported an operating income of 28.22M and revenue of 869.47M, resulting in an operating margin of 3.3%.
ON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ON Semiconductor Corporation reported an operating income of -573.70M and revenue of 1.45B, resulting in an operating margin of -39.7%.
QRVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Qorvo, Inc. reported a net income of 31.37M and revenue of 869.47M, resulting in a net margin of 3.6%.
ON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ON Semiconductor Corporation reported a net income of -486.10M and revenue of 1.45B, resulting in a net margin of -33.6%.