RNECY vs. MTSI
RNECY (Renesas Electronics Corp ADR) and MTSI (MACOM Technology Solutions Holdings, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, RNECY returned 18.02%/yr vs 28.26%/yr for MTSI. At a 0.23 correlation, their price movements are largely independent.
Performance
RNECY vs. MTSI - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RNECY having a 131.76% return and MTSI slightly lower at 131.35%. Over the past 10 years, RNECY has underperformed MTSI with an annualized return of 18.02%, while MTSI has yielded a comparatively higher 28.26% annualized return.
RNECY
- 1D
- 8.69%
- 1M
- 23.70%
- YTD
- 131.76%
- 6M
- 131.76%
- 1Y
- 140.61%
- 3Y*
- 22.69%
- 5Y*
- 24.35%
- 10Y*
- 18.02%
MTSI
- 1D
- 1.24%
- 1M
- 2.66%
- YTD
- 131.35%
- 6M
- 126.19%
- 1Y
- 189.26%
- 3Y*
- 88.38%
- 5Y*
- 45.83%
- 10Y*
- 28.26%
RNECY vs. MTSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNECY Renesas Electronics Corp ADR | 131.76% | 7.51% | -28.20% | 103.64% | -29.19% | 18.55% | 52.92% | 53.71% | -60.76% | 43.54% |
MTSI MACOM Technology Solutions Holdings, Inc. | 131.35% | 31.85% | 39.76% | 47.59% | -19.57% | 42.26% | 106.92% | 83.32% | -55.41% | -29.69% |
Correlation
The correlation between RNECY and MTSI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2012 | 0.23 |
Over the past year, RNECY and MTSI have become more correlated (0.45) than their long-term average of 0.23, meaning their price movements have been converging.
Fundamentals
RNECY:
$58.12B
MTSI:
$30.57B
RNECY:
-¥2.98
MTSI:
$2.33
RNECY:
6.36
MTSI:
28.02
RNECY:
3.68
MTSI:
21.56
RNECY:
¥1.46T
MTSI:
$1.07B
RNECY:
¥692.31B
MTSI:
$594.25M
RNECY:
¥475.96B
MTSI:
$245.21M
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Return for Risk
RNECY vs. MTSI — Risk / Return Rank
RNECY
MTSI
RNECY vs. MTSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renesas Electronics Corp ADR (RNECY) 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.
| RNECY | MTSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.50 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | 9.65 | -5.13 |
| Martin ratioReturn relative to average drawdown | 12.69 | 24.67 | -11.97 |
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Drawdowns
RNECY vs. MTSI - Drawdown Comparison
The maximum RNECY drawdown since its inception was -92.23%, which is greater than MTSI's maximum drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for RNECY and MTSI.
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Drawdown Indicators
| RNECY | MTSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.23% | -80.78% | -11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -31.29% | -19.74% | -11.55% |
Max Drawdown (3Y)Largest decline over 3 years | -52.49% | -41.09% | -11.40% |
Max Drawdown (5Y)Largest decline over 5 years | -52.49% | -44.86% | -7.63% |
Max Drawdown (10Y)Largest decline over 10 years | -77.20% | -80.78% | +3.58% |
Current DrawdownCurrent decline from peak | 0.00% | -3.28% | +3.28% |
Average DrawdownAverage peak-to-trough decline | -67.15% | -26.18% | -40.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.12% | 7.71% | +3.41% |
Volatility
RNECY vs. MTSI - Volatility Comparison
Renesas Electronics Corp ADR (RNECY) has a higher volatility of 26.48% compared to MACOM Technology Solutions Holdings, Inc. (MTSI) at 20.52%. This indicates that RNECY's price experiences larger fluctuations and is considered to be riskier 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
| RNECY | MTSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.48% | 20.52% | +5.96% |
Volatility (6M)Calculated over the trailing 6-month period | 48.12% | 40.41% | +7.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.86% | 51.39% | +7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.98% | 43.86% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.54% | 52.48% | -2.94% |
Dividends
RNECY vs. MTSI - Dividend Comparison
Neither RNECY nor MTSI has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MTSI MACOM Technology Solutions Holdings, Inc. | 0.00% | 0.00% | 0.00% |
RNECY Renesas Electronics Corp ADR | 0.00% | 0.00% | 1.48% |
Financials
RNECY vs. MTSI - Financials Comparison
This section allows you to compare key financial metrics between Renesas Electronics Corp ADR 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
RNECY vs. MTSI - Profitability Comparison
RNECY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a gross profit of 198.11B and revenue of 387.28B. Therefore, the gross margin over that period was 51.2%.
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%.
RNECY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported an operating income of 93.16B and revenue of 387.28B, resulting in an operating margin of 24.1%.
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%.
RNECY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a net income of 69.40B and revenue of 387.28B, resulting in a net margin of 17.9%.
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
RNECY and MTSI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RNECY has higher volatility (26.48%) compared to MTSI (20.52%). In terms of maximum drawdown, RNECY dropped -92.23% vs MTSI's -80.78%.
MTSI currently has the higher Sharpe Ratio (3.71 vs 2.41), 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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