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QRVO vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QRVO and VOO 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.


-0.50.00.51.00.6

Performance

QRVO vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Qorvo, Inc. (QRVO) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-39.33%
7.93%
QRVO
VOO

Key characteristics

Sharpe Ratio

QRVO:

-0.86

VOO:

2.04

Sortino Ratio

QRVO:

-0.97

VOO:

2.72

Omega Ratio

QRVO:

0.84

VOO:

1.38

Calmar Ratio

QRVO:

-0.48

VOO:

3.02

Martin Ratio

QRVO:

-1.84

VOO:

13.60

Ulcer Index

QRVO:

21.03%

VOO:

1.88%

Daily Std Dev

QRVO:

45.15%

VOO:

12.52%

Max Drawdown

QRVO:

-99.18%

VOO:

-33.99%

Current Drawdown

QRVO:

-80.43%

VOO:

-3.52%

Returns By Period

In the year-to-date period, QRVO achieves a -39.17% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, QRVO has underperformed VOO with an annualized return of 0.71%, while VOO has yielded a comparatively higher 13.02% annualized return.


QRVO

YTD

-39.17%

1M

3.29%

6M

-40.28%

1Y

-38.56%

5Y*

-10.13%

10Y*

0.71%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

QRVO vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Qorvo, Inc. (QRVO) and Vanguard S&P 500 ETF (VOO). 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 -0.86, compared to the broader market-4.00-2.000.002.00-0.862.04
The chart of Sortino ratio for QRVO, currently valued at -0.97, compared to the broader market-4.00-2.000.002.004.00-0.972.72
The chart of Omega ratio for QRVO, currently valued at 0.84, compared to the broader market0.501.001.502.000.841.38
The chart of Calmar ratio for QRVO, currently valued at -0.58, compared to the broader market0.002.004.006.00-0.583.02
The chart of Martin ratio for QRVO, currently valued at -1.84, compared to the broader market0.0010.0020.00-1.8413.60
QRVO
VOO

The current QRVO Sharpe Ratio is -0.86, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of QRVO and VOO, 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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.86
2.04
QRVO
VOO

Dividends

QRVO vs. VOO - Dividend Comparison

QRVO has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.26%.


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%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

QRVO vs. VOO - Drawdown Comparison

The maximum QRVO drawdown since its inception was -99.18%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QRVO and VOO. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-65.67%
-3.52%
QRVO
VOO

Volatility

QRVO vs. VOO - Volatility Comparison

Qorvo, Inc. (QRVO) has a higher volatility of 7.47% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that QRVO's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
7.47%
3.58%
QRVO
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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