SWKS vs. AMAT
SWKS (Skyworks Solutions, Inc.) and AMAT (Applied Materials, Inc.) are both stocks. Both are in the Technology sector — SWKS in Semiconductors, AMAT in Semiconductor Equipment & Materials. Over the past 10 years, SWKS returned 3.75%/yr vs 39.68%/yr for AMAT. At a 0.37 correlation, their price movements are largely independent.
Performance
SWKS vs. AMAT - Performance Comparison
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Returns By Period
In the year-to-date period, SWKS achieves a 14.94% return, which is significantly lower than AMAT's 129.75% return. Over the past 10 years, SWKS has underperformed AMAT with an annualized return of 3.75%, while AMAT has yielded a comparatively higher 39.68% annualized return.
SWKS
- 1D
- -2.78%
- 1M
- -12.62%
- YTD
- 14.94%
- 6M
- 12.98%
- 1Y
- 1.34%
- 3Y*
- -8.09%
- 5Y*
- -14.33%
- 10Y*
- 3.75%
AMAT
- 1D
- 0.53%
- 1M
- 36.29%
- YTD
- 129.75%
- 6M
- 126.41%
- 1Y
- 229.28%
- 3Y*
- 64.31%
- 5Y*
- 35.16%
- 10Y*
- 39.68%
SWKS vs. AMAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWKS Skyworks Solutions, Inc. | 14.94% | -25.49% | -18.86% | 26.55% | -39.95% | 2.73% | 28.36% | 84.10% | -28.30% | 28.69% |
AMAT Applied Materials, Inc. | 129.75% | 59.60% | 1.13% | 67.97% | -37.54% | 83.64% | 43.29% | 89.86% | -34.92% | 59.86% |
Correlation
The correlation between SWKS and AMAT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.37 |
The correlation between SWKS and AMAT shifts across timeframes, from 0.37 (all time) to 0.66 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SWKS:
$10.75B
AMAT:
$470.59B
SWKS:
$2.38
AMAT:
$10.61
SWKS:
29.97
AMAT:
55.50
SWKS:
2.68
AMAT:
16.27
SWKS:
1.86
AMAT:
19.68
SWKS:
$4.04B
AMAT:
$29.02B
SWKS:
$1.66B
AMAT:
$14.21B
SWKS:
$621.40M
AMAT:
$9.92B
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Return for Risk
SWKS vs. AMAT — Risk / Return Rank
SWKS
AMAT
SWKS vs. AMAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Skyworks Solutions, Inc. (SWKS) and Applied Materials, Inc. (AMAT). 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 | AMAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.59 | ||
| Sortino ratioReturn per unit of downside risk | -3.68 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.59 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | 0.04 | 10.80 | -10.76 |
| Martin ratioReturn relative to average drawdown | 0.07 | 30.65 | -30.58 |
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Drawdowns
SWKS vs. AMAT - Drawdown Comparison
The maximum SWKS drawdown since its inception was -96.12%, which is greater than AMAT's maximum drawdown of -85.22%. Use the drawdown chart below to compare losses from any high point for SWKS and AMAT.
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Drawdown Indicators
| SWKS | AMAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.12% | -85.22% | -10.90% |
Max Drawdown (1Y)Largest decline over 1 year | -35.24% | -21.37% | -13.87% |
Max Drawdown (3Y)Largest decline over 3 years | -58.20% | -49.88% | -8.32% |
Max Drawdown (5Y)Largest decline over 5 years | -72.55% | -55.14% | -17.41% |
Max Drawdown (10Y)Largest decline over 10 years | -72.88% | -55.14% | -17.74% |
Current DrawdownCurrent decline from peak | -58.57% | -8.00% | -50.57% |
Average DrawdownAverage peak-to-trough decline | -55.81% | -38.76% | -17.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.20% | 7.52% | +11.68% |
Volatility
SWKS vs. AMAT - Volatility Comparison
The current volatility for Skyworks Solutions, Inc. (SWKS) is 18.87%, while Applied Materials, Inc. (AMAT) has a volatility of 22.37%. This indicates that SWKS experiences smaller price fluctuations and is considered to be less risky than AMAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWKS | AMAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.87% | 22.37% | -3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 36.76% | 39.95% | -3.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.50% | 50.12% | -6.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.95% | 44.48% | -3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.19% | 43.08% | -2.89% |
Dividends
SWKS vs. AMAT - Dividend Comparison
SWKS's dividend yield for the trailing twelve months is around 3.98%, more than AMAT's 0.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMAT Applied Materials, Inc. | 0.32% | 0.69% | 0.93% | 0.75% | 1.05% | 0.60% | 1.01% | 1.36% | 2.14% | 0.78% | 1.24% | 2.14% |
SWKS Skyworks Solutions, Inc. | 3.98% | 4.45% | 3.11% | 2.31% | 2.59% | 1.37% | 1.23% | 1.36% | 2.09% | 1.26% | 1.45% | 1.02% |
Financials
SWKS vs. AMAT - Financials Comparison
This section allows you to compare key financial metrics between Skyworks Solutions, Inc. and Applied Materials, 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
SWKS vs. AMAT - Profitability Comparison
SWKS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skyworks Solutions, Inc. reported a gross profit of 385.40M and revenue of 943.70M. Therefore, the gross margin over that period was 40.8%.
AMAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported a gross profit of 3.95B and revenue of 7.91B. Therefore, the gross margin over that period was 49.9%.
SWKS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skyworks Solutions, Inc. reported an operating income of 42.10M and revenue of 943.70M, resulting in an operating margin of 4.5%.
AMAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported an operating income of 2.52B and revenue of 7.91B, resulting in an operating margin of 31.9%.
SWKS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skyworks Solutions, Inc. reported a net income of 35.60M and revenue of 943.70M, resulting in a net margin of 3.8%.
AMAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Materials, Inc. reported a net income of 2.81B and revenue of 7.91B, resulting in a net margin of 35.5%.
Frequently Asked Questions
SWKS and AMAT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMAT has higher volatility (22.37%) compared to SWKS (18.87%). In terms of maximum drawdown, SWKS dropped -96.12% vs AMAT's -85.22%.
AMAT currently has the higher Sharpe Ratio (4.62 vs 0.03), 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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