QRVO vs. POWI

Last updated Jun 9, 2026

QRVO (Qorvo, Inc.) and POWI (Power Integrations, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, QRVO returned 6.34%/yr vs 12.30%/yr for POWI. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

QRVO vs. POWI - Performance Comparison

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

Returns By Period

In the year-to-date period, QRVO achieves a 18.20% return, which is significantly lower than POWI's 117.25% return. Over the past 10 years, QRVO has underperformed POWI with an annualized return of 6.34%, while POWI has yielded a comparatively higher 12.30% annualized 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%

POWI

• 1D: -0.44%
• 1M: 4.90%
• YTD: 117.25%
• 6M: 107.34%
• 1Y: 42.58%
• 3Y*: -4.73%
• 5Y*: 0.44%
• 10Y*: 12.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

QRVO vs. POWI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
QRVO Qorvo, Inc.	18.20%	20.85%	-37.90%	24.24%	-42.04%	-5.94%	43.05%	91.39%	-8.81%	26.30%
POWI Power Integrations, Inc.	117.25%	-41.33%	-23.97%	15.56%	-22.09%	14.12%	66.77%	63.64%	-16.32%	9.26%

Correlation

The correlation between QRVO and POWI is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jan 5, 2015	0.62

The correlation between QRVO and POWI shifts across timeframes, from 0.50 (1 year) to 0.68 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap QRVO : $9.25B POWI : $4.28B
EPS QRVO : $3.63 POWI : $0.30
PE Ratio QRVO : 27.55 POWI : 258.35
PS Ratio QRVO : 2.54 POWI : 9.61
PB Ratio QRVO : 2.77 POWI : 6.38
Total Revenue (TTM) QRVO : $3.68B POWI : $446.28M
Gross Profit (TTM) QRVO : $1.69B POWI : $240.35M
EBITDA (TTM) QRVO : $659.34M POWI : $30.43M

Return for Risk

QRVO vs. POWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QRVO

QRVO Risk / Return Rank: 64
QRVO Sharpe Ratio Rank: 68
QRVO Sortino Ratio Rank: 61
QRVO Omega Ratio Rank: 62
QRVO Calmar Ratio Rank: 66
QRVO Martin Ratio Rank: 64

POWI

POWI Risk / Return Rank: 64
POWI Sharpe Ratio Rank: 67
POWI Sortino Ratio Rank: 67
POWI Omega Ratio Rank: 65
POWI Calmar Ratio Rank: 62
POWI Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QRVO vs. POWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and Power Integrations, Inc. (POWI). 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	POWI	Difference
Sharpe ratio: Return per unit of total volatility	0.79	0.75	+0.03
Sortino ratio: Return per unit of downside risk	1.24	1.51	-0.27
Omega ratio: Gain probability vs. loss probability	1.17	1.18	-0.02
Calmar ratio: Return relative to maximum drawdown	1.24	0.89	+0.35
Martin ratio: Return relative to average drawdown	2.44	1.77	+0.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QRVO vs. POWI - Sharpe Ratio Comparison

The current QRVO Sharpe Ratio is 0.79, which is comparable to the POWI Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of QRVO and POWI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QRVO	POWI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	0.75	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	0.01	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.30	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.26	-0.19

Drawdowns

QRVO vs. POWI - Drawdown Comparison

The maximum QRVO drawdown since its inception was -74.54%, smaller than the maximum POWI drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for QRVO and POWI.

Drawdown Indicators

	QRVO	POWI	Difference
Max Drawdown Largest peak-to-trough decline	-74.54%	-85.76%	+11.22%
Max Drawdown (1Y) Largest decline over 1 year	-21.97%	-47.83%	+25.86%
Max Drawdown (3Y) Largest decline over 3 years	-60.68%	-67.82%	+7.14%
Max Drawdown (5Y) Largest decline over 5 years	-74.03%	-70.68%	-3.35%
Max Drawdown (10Y) Largest decline over 10 years	-74.54%	-70.68%	-3.86%
Current Drawdown Current decline from peak	-49.94%	-26.32%	-23.62%
Average Drawdown Average peak-to-trough decline	-31.88%	-38.65%	+6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.14%	24.15%	-13.01%

Volatility

QRVO vs. POWI - Volatility Comparison

The current volatility for Qorvo, Inc. (QRVO) is 15.19%, while Power Integrations, Inc. (POWI) has a volatility of 23.74%. This indicates that QRVO experiences smaller price fluctuations and is considered to be less risky than POWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QRVO	POWI	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.19%	23.74%	-8.55%
Volatility (6M) Calculated over the trailing 6-month period	26.14%	38.65%	-12.51%
Volatility (1Y) Calculated over the trailing 1-year period	34.65%	56.95%	-22.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.15%	44.44%	-2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.05%	41.63%	+0.42%

Dividends

QRVO vs. POWI - Dividend Comparison

QRVO has not paid dividends to shareholders, while POWI's dividend yield for the trailing twelve months is around 1.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POWI Power Integrations, Inc.	1.11%	2.36%	1.31%	0.94%	1.00%	0.58%	0.51%	0.71%	1.05%	0.76%	0.77%	0.99%
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%

Financials

QRVO vs. POWI - Profitability Comparison

The chart below illustrates the profitability comparison between Qorvo, Inc. and Power Integrations, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

QRVO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qorvo, Inc. reported a gross profit of 395.02M and revenue of 808.28M. Therefore, the gross margin over that period was 48.9%.

POWI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Power Integrations, Inc. reported a gross profit of 56.94M and revenue of 108.31M. Therefore, the gross margin over that period was 52.6%.

QRVO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qorvo, Inc. reported an operating income of 31.51M and revenue of 808.28M, resulting in an operating margin of 3.9%.

POWI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Power Integrations, Inc. reported an operating income of 1.45M and revenue of 108.31M, resulting in an operating margin of 1.3%.

QRVO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qorvo, Inc. reported a net income of 29.73M and revenue of 808.28M, resulting in a net margin of 3.7%.

POWI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Power Integrations, Inc. reported a net income of 3.30M and revenue of 108.31M, resulting in a net margin of 3.1%.

Frequently Asked Questions

Can I hold both QRVO and POWI in my portfolio?

QRVO and POWI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QRVO or POWI?

POWI has higher volatility (23.74%) compared to QRVO (15.19%). In terms of maximum drawdown, QRVO dropped -74.54% vs POWI's -85.76%.

Which has better risk-adjusted returns?

QRVO currently has the higher Sharpe Ratio (0.79 vs 0.75), 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.