TXN vs. MPWR
TXN (Texas Instruments Incorporated) and MPWR (Monolithic Power Systems, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, TXN returned 20.39%/yr vs 37.94%/yr for MPWR. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
TXN vs. MPWR - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with TXN having a 75.59% return and MPWR slightly lower at 74.38%. Over the past 10 years, TXN has underperformed MPWR with an annualized return of 20.39%, while MPWR has yielded a comparatively higher 37.94% annualized return.
TXN
- 1D
- 1.35%
- 1M
- -1.70%
- YTD
- 75.59%
- 6M
- 69.78%
- 1Y
- 55.05%
- 3Y*
- 22.83%
- 5Y*
- 12.97%
- 10Y*
- 20.39%
MPWR
- 1D
- -0.77%
- 1M
- -4.43%
- YTD
- 74.38%
- 6M
- 67.26%
- 1Y
- 121.18%
- 3Y*
- 44.43%
- 5Y*
- 36.35%
- 10Y*
- 37.94%
TXN vs. MPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TXN Texas Instruments Incorporated | 75.59% | -4.47% | 13.14% | 6.41% | -9.86% | 17.53% | 31.70% | 39.56% | -7.17% | 46.75% |
MPWR Monolithic Power Systems, Inc. | 74.38% | 54.45% | -5.55% | 79.78% | -27.78% | 35.49% | 107.49% | 54.80% | 4.49% | 38.23% |
Correlation
The correlation between TXN and MPWR is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2004 | 0.61 |
The correlation between TXN and MPWR shifts across timeframes, from 0.60 (1 year) to 0.72 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TXN:
$275.22B
MPWR:
$77.67B
TXN:
$5.88
MPWR:
$13.89
TXN:
51.24
MPWR:
113.54
TXN:
14.91
MPWR:
25.93
TXN:
16.40
MPWR:
21.12
TXN:
$18.44B
MPWR:
$2.96B
TXN:
$10.57B
MPWR:
$1.63B
TXN:
$8.21B
MPWR:
$861.78M
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Return for Risk
TXN vs. MPWR — Risk / Return Rank
TXN
MPWR
TXN vs. MPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Instruments Incorporated (TXN) 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.
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.
| TXN | MPWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 5.43 | -3.56 |
| Martin ratioReturn relative to average drawdown | 3.90 | 14.45 | -10.55 |
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Drawdowns
TXN vs. MPWR - Drawdown Comparison
The maximum TXN drawdown since its inception was -85.81%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for TXN and MPWR.
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Drawdown Indicators
| TXN | MPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.81% | -72.27% | -13.54% |
Max Drawdown (1Y)Largest decline over 1 year | -29.57% | -22.45% | -7.12% |
Max Drawdown (3Y)Largest decline over 3 years | -33.41% | -51.65% | +18.24% |
Max Drawdown (5Y)Largest decline over 5 years | -33.41% | -51.65% | +18.24% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -51.65% | +18.24% |
Current DrawdownCurrent decline from peak | -7.32% | -6.66% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -34.78% | -17.71% | -17.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.17% | 8.44% | +5.73% |
Volatility
TXN vs. MPWR - Volatility Comparison
The current volatility for Texas Instruments Incorporated (TXN) is 14.23%, while Monolithic Power Systems, Inc. (MPWR) has a volatility of 20.33%. This indicates that TXN experiences smaller price fluctuations and is considered to be less risky than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TXN | MPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.23% | 20.33% | -6.10% |
Volatility (6M)Calculated over the trailing 6-month period | 31.44% | 37.42% | -5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.13% | 48.53% | -8.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.42% | 53.53% | -21.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.17% | 47.23% | -16.06% |
Dividends
TXN vs. MPWR - Dividend Comparison
TXN's dividend yield for the trailing twelve months is around 1.87%, more than MPWR's 0.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MPWR Monolithic Power Systems, Inc. | 0.42% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
TXN Texas Instruments Incorporated | 1.87% | 3.17% | 2.81% | 2.94% | 2.84% | 2.23% | 2.27% | 2.50% | 2.78% | 2.03% | 2.25% | 2.55% |
Financials
TXN vs. MPWR - Financials Comparison
This section allows you to compare key financial metrics between Texas Instruments Incorporated and Monolithic Power Systems, 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
TXN vs. MPWR - Profitability Comparison
TXN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Texas Instruments Incorporated reported a gross profit of 2.80B and revenue of 4.83B. Therefore, the gross margin over that period was 58.0%.
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%.
TXN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Texas Instruments Incorporated reported an operating income of 1.81B and revenue of 4.83B, resulting in an operating margin of 37.5%.
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%.
TXN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Texas Instruments Incorporated reported a net income of 1.55B and revenue of 4.83B, resulting in a net margin of 32.0%.
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
TXN and MPWR have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPWR has higher volatility (20.33%) compared to TXN (14.23%). In terms of maximum drawdown, TXN dropped -85.81% vs MPWR's -72.27%.
MPWR currently has the higher Sharpe Ratio (2.51 vs 1.38), 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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