SWKS vs. ^IXIC
SWKS (Skyworks Solutions, Inc.) is a stock, while ^IXIC (NASDAQ Composite) is an index. Over the past 10 years, SWKS returned 4.42%/yr vs 18.71%/yr for ^IXIC. At a 0.48 correlation, their price movements are largely independent.
Performance
SWKS vs. ^IXIC - Performance Comparison
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Returns By Period
In the year-to-date period, SWKS achieves a 22.64% return, which is significantly higher than ^IXIC's 12.58% return. Over the past 10 years, SWKS has underperformed ^IXIC with an annualized return of 4.42%, while ^IXIC has yielded a comparatively higher 18.71% annualized return.
SWKS
- 1D
- 5.15%
- 1M
- -6.77%
- YTD
- 22.64%
- 6M
- 19.20%
- 1Y
- 10.06%
- 3Y*
- -6.09%
- 5Y*
- -12.67%
- 10Y*
- 4.42%
^IXIC
- 1D
- -1.32%
- 1M
- -0.67%
- YTD
- 12.58%
- 6M
- 11.69%
- 1Y
- 34.55%
- 3Y*
- 24.71%
- 5Y*
- 12.89%
- 10Y*
- 18.71%
SWKS vs. ^IXIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWKS Skyworks Solutions, Inc. | 22.64% | -25.49% | -18.86% | 26.55% | -39.95% | 2.73% | 28.36% | 84.10% | -28.30% | 28.69% |
^IXIC NASDAQ Composite | 12.58% | 20.36% | 28.64% | 43.42% | -33.10% | 21.39% | 43.64% | 35.23% | -3.88% | 28.24% |
Correlation
The correlation between SWKS and ^IXIC is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.48 |
The correlation between SWKS and ^IXIC shifts across timeframes, from 0.39 (1 year) to 0.67 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
SWKS vs. ^IXIC — Risk / Return Rank
SWKS
^IXIC
SWKS vs. ^IXIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Skyworks Solutions, Inc. (SWKS) and NASDAQ Composite (^IXIC). 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.
| SWKS | ^IXIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.35 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 2.63 | -2.34 |
| Martin ratioReturn relative to average drawdown | 0.53 | 9.90 | -9.38 |
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Drawdowns
SWKS vs. ^IXIC - Drawdown Comparison
The maximum SWKS drawdown since its inception was -96.12%, which is greater than ^IXIC's maximum drawdown of -77.93%. Use the drawdown chart below to compare losses from any high point for SWKS and ^IXIC.
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Drawdown Indicators
| SWKS | ^IXIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.12% | -77.93% | -18.19% |
Max Drawdown (1Y)Largest decline over 1 year | -35.24% | -13.21% | -22.03% |
Max Drawdown (3Y)Largest decline over 3 years | -58.20% | -24.32% | -33.88% |
Max Drawdown (5Y)Largest decline over 5 years | -72.55% | -36.40% | -36.15% |
Max Drawdown (10Y)Largest decline over 10 years | -72.88% | -36.40% | -36.48% |
Current DrawdownCurrent decline from peak | -55.80% | -3.42% | -52.38% |
Average DrawdownAverage peak-to-trough decline | -55.81% | -21.38% | -34.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.17% | 3.50% | +15.67% |
Volatility
SWKS vs. ^IXIC - Volatility Comparison
Skyworks Solutions, Inc. (SWKS) has a higher volatility of 21.91% compared to NASDAQ Composite (^IXIC) at 7.34%. This indicates that SWKS's price experiences larger fluctuations and is considered to be riskier than ^IXIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWKS | ^IXIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.91% | 7.34% | +14.57% |
Volatility (6M)Calculated over the trailing 6-month period | 36.46% | 13.72% | +22.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.34% | 17.47% | +25.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.92% | 22.63% | +18.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.26% | 22.11% | +18.15% |
Frequently Asked Questions
SWKS and ^IXIC have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWKS has higher volatility (21.91%) compared to ^IXIC (7.34%). In terms of maximum drawdown, SWKS dropped -96.12% vs ^IXIC's -77.93%.
^IXIC currently has the higher Sharpe Ratio (1.99 vs 0.23), 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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