Both in Semiconductors

ON Semiconductor vs Microchip Technology

Over the past year ON returned +31.2% and MCHP returned +10.1%; their daily moves had a correlation of 0.76.

ON +31.2% MCHP +10.1%Growth of $1, one year, split-adjusted
MetricONMCHP
Price$72.02$73.85
Market cap$28.04B$40.10B
Today−2.28%−0.55%
1 month+5.4%+4.3%
6 months−13.2%−6.2%
Year to date+33.0%+15.9%
1 year+43.0%+13.2%
Revenue growth (YoY)+9.2%+38.0%
Gross margin38.4%63.2%
Net margin14.1%13.6%
P/E (TTM)44.5×109.2×
Price / sales4.5×7.8×
Net cash-$618.2M-$5.09B
Dividend yield—2.46%
Volatility (60d)53.3%49.5%
Short % of float7.7%6.2%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).