RELY vs. MTSI
RELY (Remitly Global, Inc.) and MTSI (MACOM Technology Solutions Holdings, Inc.) are both stocks. Both are in the Technology sector — RELY in Software - Infrastructure, MTSI in Semiconductors. Over the past 3 years, RELY returned 4.00%/yr vs 85.93%/yr for MTSI. At a 0.29 correlation, their price movements are largely independent.
Performance
RELY vs. MTSI - Performance Comparison
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Returns By Period
In the year-to-date period, RELY achieves a 52.90% return, which is significantly lower than MTSI's 128.52% return.
RELY
- 1D
- 3.28%
- 1M
- -2.22%
- YTD
- 52.90%
- 6M
- 44.32%
- 1Y
- 4.82%
- 3Y*
- 4.00%
- 5Y*
- —
- 10Y*
- —
MTSI
- 1D
- 6.62%
- 1M
- 1.41%
- YTD
- 128.52%
- 6M
- 124.41%
- 1Y
- 185.72%
- 3Y*
- 85.93%
- 5Y*
- 46.16%
- 10Y*
- 27.43%
RELY vs. MTSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RELY Remitly Global, Inc. | 52.90% | -38.86% | 16.22% | 69.61% | -44.47% | -61.02% |
MTSI MACOM Technology Solutions Holdings, Inc. | 128.52% | 31.85% | 39.76% | 47.59% | -19.57% | 21.26% |
Correlation
The correlation between RELY and MTSI is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.29 |
Over the past year, the correlation between RELY and MTSI has dropped to 0.07 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
RELY:
$4.58B
MTSI:
$30.19B
RELY:
$0.49
MTSI:
$2.33
RELY:
43.39
MTSI:
168.14
RELY:
0.23
MTSI:
0.25
RELY:
2.65
MTSI:
27.68
RELY:
5.05
MTSI:
21.30
RELY:
$1.73B
MTSI:
$1.07B
RELY:
$753.03M
MTSI:
$594.25M
RELY:
$142.85M
MTSI:
$245.21M
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Return for Risk
RELY vs. MTSI — Risk / Return Rank
RELY
MTSI
RELY vs. MTSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) and MACOM Technology Solutions Holdings, Inc. (MTSI). 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 | MTSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.70 | ||
| Sortino ratioReturn per unit of downside risk | -3.23 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.50 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 9.76 | -9.69 |
| Martin ratioReturn relative to average drawdown | 0.12 | 24.96 | -24.83 |
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Drawdowns
RELY vs. MTSI - Drawdown Comparison
The maximum RELY drawdown since its inception was -86.99%, which is greater than MTSI's maximum drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for RELY and MTSI.
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Drawdown Indicators
| RELY | MTSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.99% | -80.78% | -6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -40.08% | -19.74% | -20.34% |
Max Drawdown (3Y)Largest decline over 3 years | -57.92% | -41.09% | -16.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -80.78% | — |
Current DrawdownCurrent decline from peak | -60.11% | -4.46% | -55.65% |
Average DrawdownAverage peak-to-trough decline | -67.40% | -26.18% | -41.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.92% | 7.70% | +15.22% |
Volatility
RELY vs. MTSI - Volatility Comparison
The current volatility for Remitly Global, Inc. (RELY) is 13.78%, while MACOM Technology Solutions Holdings, Inc. (MTSI) has a volatility of 20.95%. This indicates that RELY experiences smaller price fluctuations and is considered to be less risky than MTSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RELY | MTSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.78% | 20.95% | -7.17% |
Volatility (6M)Calculated over the trailing 6-month period | 37.91% | 40.71% | -2.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.49% | 51.36% | +4.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.08% | 43.84% | +15.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.08% | 52.45% | +6.63% |
Dividends
RELY vs. MTSI - Dividend Comparison
Neither RELY nor MTSI has paid dividends to shareholders.
Financials
RELY vs. MTSI - Financials Comparison
This section allows you to compare key financial metrics between Remitly Global, Inc. and MACOM Technology Solutions Holdings, 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. MTSI - Profitability Comparison
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
MTSI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a gross profit of 164.43M and revenue of 288.96M. Therefore, the gross margin over that period was 56.9%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
MTSI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported an operating income of 50.83M and revenue of 288.96M, resulting in an operating margin of 17.6%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
MTSI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MACOM Technology Solutions Holdings, Inc. reported a net income of 46.33M and revenue of 288.96M, resulting in a net margin of 16.0%.
Frequently Asked Questions
RELY and MTSI have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTSI has higher volatility (20.95%) compared to RELY (13.78%). In terms of maximum drawdown, RELY dropped -86.99% vs MTSI's -80.78%.
MTSI currently has the higher Sharpe Ratio (3.75 vs 0.05), 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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