TXN vs. MSFT
TXN (Texas Instruments Incorporated) and MSFT (Microsoft Corporation) are both stocks. Both are in the Technology sector — TXN in Semiconductors, MSFT in Software - Infrastructure. Over the past 10 years, TXN returned 18.01%/yr vs 22.75%/yr for MSFT. Their 0.44 correlation means their historical movements had little consistent relationship.
Performance
TXN vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, TXN achieves a 62.93% return, which is significantly higher than MSFT's -19.19% return. Over the past 10 years, TXN has underperformed MSFT with an annualized return of 18.01%, while MSFT has yielded a comparatively higher 22.75% annualized return.
TXN
- 1D
- -0.06%
- 1M
- -2.11%
- 6M
- 43.78%
- YTD
- 62.93%
- 1Y
- 55.28%
- 3Y*
- 19.31%
- 5Y*
- 11.38%
- 10Y*
- 18.01%
- ALL TIME*
- 11.22%
MSFT
- 1D
- 1.94%
- 1M
- 4.32%
- 6M
- -16.89%
- YTD
- -19.19%
- 1Y
- -23.65%
- 3Y*
- 5.59%
- 5Y*
- 7.21%
- 10Y*
- 22.75%
- ALL TIME*
- 24.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.77B | $12.78B | $15.66B | |
| $2.38B | $2.41B | $2.60B |
TXN vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TXN Texas Instruments Incorporated | 62.93% | -4.47% | 13.14% | 6.41% | -9.86% | 17.53% | 31.70% | 39.56% | -7.17% | 46.75% |
MSFT Microsoft Corporation | -19.19% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Correlation
The correlation between TXN and MSFT is -0.16, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 1986 | 0.44 |
The correlation between TXN and MSFT shifts across timeframes, from -0.16 (1 year) to 0.49 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TXN:
$254.29B
MSFT:
$2.89T
TXN:
$6.61
MSFT:
$16.79
TXN:
42.26
MSFT:
23.17
TXN:
13.15
MSFT:
9.12
TXN:
14.28
MSFT:
6.99
TXN:
$19.45B
MSFT:
$318.27B
TXN:
$11.35B
MSFT:
$217.41B
TXN:
$9.04B
MSFT:
$200.96B
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Return for Risk
TXN vs. MSFT — Risk / Return Rank
TXN
MSFT
TXN vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Instruments Incorporated (TXN) and Microsoft Corporation (MSFT). 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 | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.27 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.86 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | -0.69 | +2.92 |
| Martin ratioReturn relative to average drawdown | 4.94 | -1.24 | +6.18 |
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Drawdowns
TXN vs. MSFT - Drawdown Comparison
The maximum TXN drawdown since its inception was -85.81%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for TXN and MSFT.
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Drawdown Indicators
| TXN | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.81% | -69.38% | -16.43% |
Max Drawdown (1Y)Largest decline over 1 year | -24.93% | -34.50% | +9.57% |
Max Drawdown (3Y)Largest decline over 3 years | -33.41% | -34.50% | +1.09% |
Max Drawdown (5Y)Largest decline over 5 years | -33.41% | -37.15% | +3.74% |
Max Drawdown (10Y)Largest decline over 10 years | -33.41% | -37.15% | +3.74% |
Current DrawdownCurrent decline from peak | -15.91% | -27.76% | +11.85% |
Average DrawdownAverage peak-to-trough decline | -34.73% | -21.80% | -12.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.21% | 19.15% | -7.94% |
Volatility
TXN vs. MSFT - Volatility Comparison
Texas Instruments Incorporated (TXN) has a higher volatility of 14.34% compared to Microsoft Corporation (MSFT) at 9.14%. This indicates that TXN's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TXN | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.34% | 9.14% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 35.29% | 24.35% | +10.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.94% | 27.71% | +14.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.31% | 27.10% | +6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.57% | 27.17% | +4.40% |
Dividends
TXN vs. MSFT - Dividend Comparison
TXN's dividend yield for the trailing twelve months is around 2.01%, more than MSFT's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
TXN Texas Instruments Incorporated | 2.01% | 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. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Texas Instruments Incorporated and Microsoft Corporation. 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. MSFT - Profitability Comparison
TXN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Texas Instruments Incorporated reported a gross profit of 3.35B and revenue of 5.46B. Therefore, the gross margin over that period was 61.4%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
TXN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Texas Instruments Incorporated reported an operating income of 2.31B and revenue of 5.46B, resulting in an operating margin of 42.3%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
TXN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Texas Instruments Incorporated reported a net income of 1.98B and revenue of 5.46B, resulting in a net margin of 36.2%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
TXN and MSFT have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TXN has higher volatility (14.34%) compared to MSFT (9.14%). In terms of maximum drawdown, TXN dropped -85.81% vs MSFT's -69.38%.
TXN currently has the higher Sharpe Ratio (1.33 vs -0.86), 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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