RELY vs. MPWR
RELY (Remitly Global, Inc.) and MPWR (Monolithic Power Systems, Inc.) are both stocks. Both are in the Technology sector — RELY in Software - Infrastructure, MPWR in Semiconductors. Over the past 3 years, RELY returned 5.00%/yr vs 38.39%/yr for MPWR. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
RELY vs. MPWR - Performance Comparison
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Returns By Period
In the year-to-date period, RELY achieves a 65.00% return, which is significantly higher than MPWR's 57.89% return.
RELY
- 1D
- -2.90%
- 1M
- -0.78%
- 6M
- 72.24%
- YTD
- 65.00%
- 1Y
- 38.00%
- 3Y*
- 5.00%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -15.95%
MPWR
- 1D
- 8.35%
- 1M
- 7.08%
- 6M
- 27.30%
- YTD
- 57.89%
- 1Y
- 101.90%
- 3Y*
- 38.39%
- 5Y*
- 26.91%
- 10Y*
- 36.06%
- ALL TIME*
- 27.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.37B | $1.27B | $1.35B | |
| $53.79M | $61.54M | $101.04M |
RELY vs. MPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RELY Remitly Global, Inc. | 65.00% | -38.86% | 16.22% | 69.61% | -44.47% | -61.02% |
MPWR Monolithic Power Systems, Inc. | 57.89% | 54.45% | -5.55% | 79.78% | -27.78% | -2.64% |
Correlation
The correlation between RELY and MPWR is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.28 |
Over the past year, the correlation between RELY and MPWR has dropped to 0.04 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
RELY:
$4.79B
MPWR:
$70.06B
RELY:
$0.49
MPWR:
$16.33
RELY:
46.69
MPWR:
87.33
RELY:
0.25
MPWR:
1.10
RELY:
2.86
MPWR:
21.32
RELY:
5.45
MPWR:
18.03
RELY:
$1.73B
MPWR:
$3.27B
RELY:
$753.03M
MPWR:
$1.81B
RELY:
$142.85M
MPWR:
$1.01B
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Return for Risk
RELY vs. MPWR — Risk / Return Rank
RELY
MPWR
RELY vs. MPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) and Monolithic Power Systems, Inc. (MPWR). 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.
| RELY | MPWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.30 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 3.94 | -2.98 |
| Martin ratioReturn relative to average drawdown | 1.76 | 9.44 | -7.69 |
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Drawdowns
RELY vs. MPWR - Drawdown Comparison
The maximum RELY drawdown since its inception was -86.99%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for RELY and MPWR.
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Drawdown Indicators
| RELY | MPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.99% | -72.27% | -14.72% |
Max Drawdown (1Y)Largest decline over 1 year | -39.75% | -25.99% | -13.76% |
Max Drawdown (3Y)Largest decline over 3 years | -57.92% | -51.65% | -6.27% |
Max Drawdown (5Y)Largest decline over 5 years | — | -51.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.65% | — |
Current DrawdownCurrent decline from peak | -56.96% | -15.49% | -41.47% |
Average DrawdownAverage peak-to-trough decline | -67.14% | -17.71% | -49.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.71% | 10.83% | +10.88% |
Volatility
RELY vs. MPWR - Volatility Comparison
The current volatility for Remitly Global, Inc. (RELY) is 11.62%, while Monolithic Power Systems, Inc. (MPWR) has a volatility of 18.57%. This indicates that RELY experiences smaller price fluctuations and is considered to be less risky than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELY | MPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.62% | 18.57% | -6.95% |
Volatility (6M)Calculated over the trailing 6-month period | 38.88% | 44.07% | -5.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.25% | 54.05% | +2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.70% | 54.63% | +4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.70% | 47.86% | +10.84% |
Dividends
RELY vs. MPWR - Dividend Comparison
RELY has not paid dividends to shareholders, while MPWR's dividend yield for the trailing twelve months is around 0.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPWR Monolithic Power Systems, Inc. | 0.50% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
RELY Remitly Global, 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
RELY vs. MPWR - Financials Comparison
This section allows you to compare key financial metrics between Remitly Global, Inc. and Monolithic Power Systems, 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
RELY vs. MPWR - Profitability Comparison
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.
MPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Monolithic Power Systems, Inc. reported a gross profit of 541.07M and revenue of 980.64M. Therefore, the gross margin over that period was 55.2%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
MPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Monolithic Power Systems, Inc. reported an operating income of 303.89M and revenue of 980.64M, resulting in an operating margin of 31.0%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
MPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Monolithic Power Systems, Inc. reported a net income of 257.30M and revenue of 980.64M, resulting in a net margin of 26.2%.
Frequently Asked Questions
RELY and MPWR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPWR has higher volatility (18.57%) compared to RELY (11.62%). In terms of maximum drawdown, RELY dropped -86.99% vs MPWR's -72.27%.
MPWR currently has the higher Sharpe Ratio (1.90 vs 0.68), 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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