SWKS vs. MPWR

Last updated Jun 9, 2026

SWKS (Skyworks Solutions, Inc.) and MPWR (Monolithic Power Systems, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, SWKS returned 3.67%/yr vs 37.72%/yr for MPWR. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

SWKS vs. MPWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skyworks Solutions, Inc. (SWKS) and Monolithic Power Systems, Inc. (MPWR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWKS achieves a 21.34% return, which is significantly lower than MPWR's 72.37% return. Over the past 10 years, SWKS has underperformed MPWR with an annualized return of 3.67%, while MPWR has yielded a comparatively higher 37.72% annualized return.

SWKS

• 1D: 2.45%
• 1M: 13.84%
• YTD: 21.34%
• 6M: 11.17%
• 1Y: 9.71%
• 3Y*: -7.16%
• 5Y*: -12.38%
• 10Y*: 3.67%

MPWR

• 1D: 5.28%
• 1M: -2.60%
• YTD: 72.37%
• 6M: 59.11%
• 1Y: 128.65%
• 3Y*: 47.03%
• 5Y*: 36.56%
• 10Y*: 37.72%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWKS vs. MPWR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWKS Skyworks Solutions, Inc.	21.34%	-25.49%	-18.86%	26.55%	-39.95%	2.73%	28.36%	84.10%	-28.30%	28.69%
MPWR Monolithic Power Systems, Inc.	72.37%	54.45%	-5.55%	79.78%	-27.78%	35.49%	107.49%	54.80%	4.49%	38.23%

Correlation

The correlation between SWKS and MPWR is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (10Y) Calculated over the trailing 10-year period	0.70
Correlation (All Time) Calculated using the full available price history since Nov 19, 2004	0.58

The correlation between SWKS and MPWR shifts across timeframes, from 0.53 (1 year) to 0.70 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SWKS : $11.34B MPWR : $76.78B
EPS SWKS : $2.38 MPWR : $13.89
PE Ratio SWKS : 31.63 MPWR : 112.24
PS Ratio SWKS : 2.83 MPWR : 25.63
PB Ratio SWKS : 1.97 MPWR : 20.88
Total Revenue (TTM) SWKS : $4.04B MPWR : $2.96B
Gross Profit (TTM) SWKS : $1.66B MPWR : $1.63B
EBITDA (TTM) SWKS : $621.40M MPWR : $861.78M

Return for Risk

SWKS vs. MPWR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWKS

SWKS Risk / Return Rank: 48
SWKS Sharpe Ratio Rank: 50
SWKS Sortino Ratio Rank: 47
SWKS Omega Ratio Rank: 47
SWKS Calmar Ratio Rank: 49
SWKS Martin Ratio Rank: 48

MPWR

MPWR Risk / Return Rank: 92
MPWR Sharpe Ratio Rank: 94
MPWR Sortino Ratio Rank: 90
MPWR Omega Ratio Rank: 88
MPWR Calmar Ratio Rank: 94
MPWR Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWKS vs. MPWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Skyworks Solutions, Inc. (SWKS) 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.

	SWKS	MPWR	Difference
Sharpe ratio: Return per unit of total volatility	0.23	2.70	-2.47
Sortino ratio: Return per unit of downside risk	0.62	3.12	-2.51
Omega ratio: Gain probability vs. loss probability	1.08	1.39	-0.31
Calmar ratio: Return relative to maximum drawdown	0.28	5.76	-5.49
Martin ratio: Return relative to average drawdown	0.51	15.40	-14.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWKS vs. MPWR - Sharpe Ratio Comparison

The current SWKS Sharpe Ratio is 0.23, which is lower than the MPWR Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of SWKS and MPWR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWKS	MPWR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.23	2.70	-2.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.31	0.69	-0.99
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.09	0.80	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.58	-0.47

Drawdowns

SWKS vs. MPWR - Drawdown Comparison

The maximum SWKS drawdown since its inception was -96.12%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for SWKS and MPWR.

Drawdown Indicators

	SWKS	MPWR	Difference
Max Drawdown Largest peak-to-trough decline	-96.12%	-72.27%	-23.85%
Max Drawdown (1Y) Largest decline over 1 year	-35.24%	-22.45%	-12.79%
Max Drawdown (3Y) Largest decline over 3 years	-58.20%	-51.65%	-6.55%
Max Drawdown (5Y) Largest decline over 5 years	-72.55%	-51.65%	-20.90%
Max Drawdown (10Y) Largest decline over 10 years	-72.88%	-51.65%	-21.23%
Current Drawdown Current decline from peak	-56.27%	-7.73%	-48.54%
Average Drawdown Average peak-to-trough decline	-55.75%	-17.72%	-38.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.03%	8.38%	+10.65%

Volatility

SWKS vs. MPWR - Volatility Comparison

Skyworks Solutions, Inc. (SWKS) has a higher volatility of 20.87% compared to Monolithic Power Systems, Inc. (MPWR) at 19.38%. This indicates that SWKS's price experiences larger fluctuations and is considered to be riskier than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWKS	MPWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.87%	19.38%	+1.49%
Volatility (6M) Calculated over the trailing 6-month period	34.54%	36.53%	-1.99%
Volatility (1Y) Calculated over the trailing 1-year period	41.91%	47.99%	-6.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.59%	53.40%	-12.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.11%	47.17%	-7.06%

Dividends

SWKS vs. MPWR - Dividend Comparison

SWKS's dividend yield for the trailing twelve months is around 3.77%, more than MPWR's 0.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MPWR Monolithic Power Systems, Inc.	0.43%	0.69%	0.85%	0.63%	0.85%	0.49%	0.55%	0.90%	1.03%	0.71%	0.98%	1.26%
SWKS Skyworks Solutions, Inc.	3.77%	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. MPWR - Profitability Comparison

The chart below illustrates the profitability comparison between Skyworks Solutions, Inc. and Monolithic Power Systems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

MPWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a gross profit of 445.07M and revenue of 804.19M. Therefore, the gross margin over that period was 55.3%.

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%.

MPWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported an operating income of 241.15M and revenue of 804.19M, resulting in an operating margin of 30.0%.

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%.

MPWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a net income of 193.23M and revenue of 804.19M, resulting in a net margin of 24.0%.

Frequently Asked Questions

Can I hold both SWKS and MPWR in my portfolio?

SWKS and MPWR have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWKS or MPWR?

SWKS has higher volatility (20.87%) compared to MPWR (19.38%). In terms of maximum drawdown, SWKS dropped -96.12% vs MPWR's -72.27%.

Which has better risk-adjusted returns?

MPWR currently has the higher Sharpe Ratio (2.70 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.