QTWO vs. AVGO
QTWO (Q2 Holdings, Inc.) and AVGO (Broadcom Inc.) are both stocks. Both are in the Technology sector — QTWO in Software - Application, AVGO in Semiconductors. Over the past 10 years, QTWO returned 4.69%/yr vs 41.81%/yr for AVGO. At a 0.34 correlation, their price movements are largely independent.
Performance
QTWO vs. AVGO - Performance Comparison
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Returns By Period
In the year-to-date period, QTWO achieves a -40.04% return, which is significantly lower than AVGO's 10.24% return. Over the past 10 years, QTWO has underperformed AVGO with an annualized return of 4.69%, while AVGO has yielded a comparatively higher 41.81% annualized return.
QTWO
- 1D
- 2.80%
- 1M
- -6.18%
- YTD
- -40.04%
- 6M
- -41.64%
- 1Y
- -53.36%
- 3Y*
- 13.53%
- 5Y*
- -16.73%
- 10Y*
- 4.69%
AVGO
- 1D
- -3.06%
- 1M
- -8.06%
- YTD
- 10.24%
- 6M
- 9.23%
- 1Y
- 50.90%
- 3Y*
- 68.61%
- 5Y*
- 54.78%
- 10Y*
- 41.81%
QTWO vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QTWO Q2 Holdings, Inc. | -40.04% | -28.31% | 131.86% | 61.56% | -66.18% | -37.22% | 56.06% | 63.63% | 34.46% | 27.73% |
AVGO Broadcom Inc. | 10.24% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 29.05% | 2.18% | 48.19% |
Correlation
The correlation between QTWO and AVGO is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2014 | 0.34 |
Over the past year, the correlation between QTWO and AVGO has dropped to 0.03 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
QTWO:
$2.93B
AVGO:
$1.85T
QTWO:
$1.07
AVGO:
$6.01
QTWO:
40.34
AVGO:
63.26
QTWO:
3.63
AVGO:
24.57
QTWO:
4.79
AVGO:
21.14
QTWO:
$821.58M
AVGO:
$75.47B
QTWO:
$456.61M
AVGO:
$50.53B
QTWO:
$105.55M
AVGO:
$42.03B
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Return for Risk
QTWO vs. AVGO — Risk / Return Rank
QTWO
AVGO
QTWO vs. AVGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Q2 Holdings, Inc. (QTWO) and Broadcom Inc. (AVGO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QTWO | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.32 | ||
| Sortino ratioReturn per unit of downside risk | -3.71 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.22 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | 1.78 | -2.74 |
| Martin ratioReturn relative to average drawdown | -1.50 | 4.04 | -5.54 |
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Drawdowns
QTWO vs. AVGO - Drawdown Comparison
The maximum QTWO drawdown since its inception was -85.77%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for QTWO and AVGO.
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Drawdown Indicators
| QTWO | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.77% | -48.30% | -37.47% |
Max Drawdown (1Y)Largest decline over 1 year | -55.82% | -28.67% | -27.15% |
Max Drawdown (3Y)Largest decline over 3 years | -62.03% | -41.15% | -20.88% |
Max Drawdown (5Y)Largest decline over 5 years | -80.41% | -41.15% | -39.26% |
Max Drawdown (10Y)Largest decline over 10 years | -85.77% | -48.30% | -37.47% |
Current DrawdownCurrent decline from peak | -70.50% | -20.94% | -49.56% |
Average DrawdownAverage peak-to-trough decline | -30.32% | -8.00% | -22.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.51% | 12.64% | +22.87% |
Volatility
QTWO vs. AVGO - Volatility Comparison
The current volatility for Q2 Holdings, Inc. (QTWO) is 17.36%, while Broadcom Inc. (AVGO) has a volatility of 21.76%. This indicates that QTWO experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QTWO | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.36% | 21.76% | -4.40% |
Volatility (6M)Calculated over the trailing 6-month period | 33.14% | 33.46% | -0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.14% | 46.50% | -2.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.14% | 43.63% | +6.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.30% | 39.60% | +4.70% |
Dividends
QTWO vs. AVGO - Dividend Comparison
QTWO has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.67% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
QTWO Q2 Holdings, 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
QTWO vs. AVGO - Financials Comparison
This section allows you to compare key financial metrics between Q2 Holdings, Inc. and Broadcom Inc.. 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
QTWO vs. AVGO - Profitability Comparison
QTWO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported a gross profit of 127.91M and revenue of 216.51M. Therefore, the gross margin over that period was 59.1%.
AVGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.
QTWO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported an operating income of 27.69M and revenue of 216.51M, resulting in an operating margin of 12.8%.
AVGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.
QTWO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Q2 Holdings, Inc. reported a net income of 26.64M and revenue of 216.51M, resulting in a net margin of 12.3%.
AVGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.
Frequently Asked Questions
QTWO and AVGO have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (21.76%) compared to QTWO (17.36%). In terms of maximum drawdown, QTWO dropped -85.77% vs AVGO's -48.30%.
AVGO currently has the higher Sharpe Ratio (1.10 vs -1.22), 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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