# How Broadcom (AVGO) compares with the whole market and its popular alternatives

> Source: EasyCompare research, https://easycompare.io/research/avgo
> Data as of October 20, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on AVGO alone. It places AVGO (Broadcom Inc.) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where AVGO stands in the market, and of the alternatives worth a closer look.

Period covered: AVGO's full trading record, from August 2009 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

## Key findings

- **Right now:** Over the past 6 months, AVGO fell 16.0% while the S&P 500 rose 9.1%. The slide is AVGO's own: it is 30.3% below its high, against 1.3% for the S&P 500.
- **Stock or market?:** The weakness is AVGO's own: it fell 11.4% over the past 3 months while the semiconductors ETF SMH (VanEck Semiconductor ETF) fell 2.2%. The S&P 500 rose 3.9%. Its semiconductor peers did not move as one over the past 3 months: NVDA (NVIDIA) rose 6.6%, while STM (STMicroelectronics) fell 25.8%.
- **Past 1 to 3 years:** AVGO has gone against the market, falling 3.5% over the past year while the S&P 500 rose 15.8%. On the flip side, it finished ahead of the S&P 500 in both 2024 and 2025.
- **Long term:** AVGO turned $10,000 into $248,000 over the past decade, against $42,100 in the S&P 500. AVGO's 10-year return of 2,380% puts it ahead of 99% of the stocks worth at least $300 million with that much history. The S&P 500 returned 321%.
- **In a crash:** AVGO fell harder than the S&P 500 in four of five sell-offs. The late-2018 sell-off was the exception: AVGO fell 15.2%, less than the S&P 500's 19.3%.
- **Diversification:** Against the S&P 500, AVGO has a correlation of 0.55 over 5 years, more closely than 82% of stocks worth at least $300 million. Next to an index fund it is some diversification, but not a hedge.
- **Better options**
  - **Nearby categories and themes:** STX (Seagate Technology, computer hardware) earned more than AVGO over the past 5 years with similar volatility: 57.4% a year at 48.7% volatility, against 48.3% a year at 44.5%.
  - **Whole market:** Few investments have done better on both counts: only five of the 3,633 stocks and funds worth at least $500 million earned more than AVGO with less volatility over the past 5 years, among them PBR (Petróleo Brasileiro S.A. - Petrobras), PBR-A (Petróleo Brasileiro S.A. - Petrobras) and MPC (Marathon Petroleum).

## How much would $10,000 in AVGO have grown?

This chart tracks a hypothetical $10,000 investment in AVGO over the past 17 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of AVGO over the same span and AVGO's popular alternatives, among those that traded for the entire period.

- $10,000 invested in AVGO at the end of September 2009 would have grown to $2,902,659 by September 2026, more than the $97,560 it would have become in SPY, an S&P 500 fund.
- Over the past 17 years, only two of the 1,927 stocks and funds worth at least $500 million that traded that long, leveraged funds aside, ended ahead of AVGO. Over the past 5 years, 44 did, and CLS turned $10,000 into $407,013, against $79,117 for AVGO.
- Two of the eight other investments on the chart ended ahead of AVGO, and PAYS finished highest, at $6,740,546.

## AVGO at a glance

This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout.

- AVGO is still 30.3% below its all-time high.
- AVGO's deepest decline since it began trading in 2009 was 48.3%, from February to March 2020. It took four months from the low to climb back to its old high.
- Over 16 full calendar years, AVGO's best was 2024, when it returned 110%, and its worst was 2022, when it lost 13.3%. It lost money in one of those years.

- Type: Stock, Technology (Semiconductors)
- Trading since: August 6, 2009
- Market value: $1.6T
- Volatility (5 years): 44.5%; Sharpe ratio: 1.11
- Worst decline ever: −48.3%, from February 12, 2020 to March 18, 2020; back at its high by July 6, 2020

| Period | AVGO total return |
| --- | --- |
| 1 month | −7.8% |
| 3 months | −11.4% |
| 6 months | −16.0% |
| year to date | −3.3% |
| 1 year | −3.5% |
| 3 years | +305% |
| 5 years | +617% |
| 10 years | +2,380% |

## AVGO against the whole market

Where AVGO ranks among every stock and fund, and what across the market has done better.

### How does AVGO rank among all stocks?

This section ranks AVGO on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history.

- AVGO's 10-year return ranks in the top 1% of the 2,202 stocks worth at least $300 million with 10 years of history.

| Measure | AVGO | Rank |
| --- | --- | --- |
| 1-year return | −3.5% | 2,131 of 3,287 (top 65%) |
| 3-year return | +305% | 219 of 3,017 (top 8%) |
| 5-year return | +617% | 50 of 2,893 (top 2%) |
| 10-year return | +2,380% | 33 of 2,202 (top 2%) |
| Volatility, 5 years | 44.5% | 1,679 of 2,893 (top 59%) |
| Sharpe ratio, 5 years | 1.11 | 48 of 2,893 (top 2%) |
| Worst decline, past 10 years | −48.3% | 390 of 2,187 (top 18%) |

### What has beaten AVGO on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer).

- Five stocks worth at least $500 million sit in the green region: each earned more than AVGO over the past 5 years with smaller price swings. That is fewer than 1% of the 3,633 screened. Few investments beat it on both counts.
- Among those with at least half AVGO's swings, MPC has the best return for its risk: 51.2% a year at 33.4% volatility, 25% less than AVGO's 44.5%, and a Sharpe ratio (return above cash per unit of volatility) of 1.41 against 1.11 for AVGO. INSW earned the most, 56.5% a year, while still swinging less than AVGO (40.5% against 44.5%).

### Is there a better investment than AVGO?

The table below lists investments that beat AVGO over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes.

- Among AVGO's popular alternatives, NVDA, MU and DELL were ahead of AVGO in most short and long periods.
- Looking beyond its popular alternatives, STX (computer hardware) earned more than AVGO over the past 5 years with similar volatility: 57.4% a year at 48.7% volatility, against 48.3% a year at 44.5%.
- Few investments have done better on both counts: only five of the 3,633 stocks and funds worth at least $500 million earned more than AVGO with less volatility over the past 5 years, among them PBR, PBR-A and MPC.

The 5 strongest of 5 investments that beat AVGO over the past 5 years, out of 3,633 stocks and funds worth at least $500 million.

| Investment | Group | Annual return (5 years) | Volatility | Sharpe | Worst decline (10 years) | 10Y return | Correlation with AVGO | Better on |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| AVGO: Broadcom Inc. (this page) |  | +48.3% | 44.5% | 1.11 | −48.3% | +2,380% |  |  |
| [MPC](https://easycompare.io/research/mpc): Marathon Petroleum Corporation | Oil & Gas | +51.2% | 33.4% | 1.41 | −79.7% | +1,387% | -0.04 | Higher return, lower volatility |
| [PBR-A](https://easycompare.io/research/pbr-a): Petróleo Brasileiro S.A. - Petrobras | Integrated Oil & Gas | +51.8% | 37.5% | 1.31 | −71.7% | +768% | 0.01 | Higher return, lower volatility |
| [PBR](https://easycompare.io/research/pbr): Petróleo Brasileiro S.A. - Petrobras | Integrated Oil & Gas | +50.3% | 37.5% | 1.28 | −75.3% | +674% | -0.01 | Higher return, lower volatility |
| INSW: International Seaways, Inc. | Oil & Gas | +56.5% | 40.5% | 1.31 | −57.4% | — | -0.10 | Higher return, lower volatility |
| FTI: TechnipFMC plc | Oilfield Services | +54.1% | 41.3% | 1.26 | −85.8% | +178% | 0.03 | Higher return, lower volatility |

## AVGO against its popular alternatives

The investments people most often weigh against AVGO, compared period by period and year by year.

### How do AVGO's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings.

- None of the 20 popular alternatives earned more than AVGO over the past 5 years with smaller price swings, so every higher return on the map came with a bumpier ride.
- Over the past 5 years, AVGO returned 48.3% a year, more than the S&P 500's 12.7%, with higher volatility (44.5% against 17.1%).

### Has AVGO consistently beaten its popular alternatives?

This section compares AVGO with the investments people most often weigh against it, checking each one over eight periods from one month to ten years.

- Four of the 21 popular alternatives, led by NVDA, MU and DELL, outperformed AVGO in at least 3 of 5 short-term and 2 of 3 long-term timeframes.
- NVDA, MU and DELL outperformed AVGO in every long-term period and in all but one short-term period, the most consistent record in the group.

| Investment | 1Y return | 3Y return | 5Y return | 10Y return | Periods ahead of AVGO | Verdict | Sharpe |
| --- | --- | --- | --- | --- | --- | --- | --- |
| AVGO: Broadcom Inc. (this page) | −3.5% | +305% | +617% | +2,380% |  |  | 1.11 |
| [NVDA](https://easycompare.io/research/nvda): NVIDIA Corporation | +18.8% | +425% | +884% | +13,019% | 5/5 short-term, 3/3 long-term | all-weather | 1.14 |
| [MU](https://easycompare.io/research/mu): Micron Technology, Inc. | +334% | +1,246% | +1,244% | +5,243% | 4/5 short-term, 3/3 long-term | all-weather | 1.20 |
| [DELL](https://easycompare.io/research/dell): Dell Technologies Inc. | +217% | +636% | +800% | +3,701% | 4/5 short-term, 3/3 long-term | all-weather | 1.08 |
| [AMD](https://easycompare.io/research/amd): Advanced Micro Devices, Inc. | +122% | +425% | +359% | +7,583% | 4/5 short-term, 2/3 long-term | consistent | 0.82 |
| [MRVL](https://easycompare.io/research/mrvl): Marvell Technology, Inc. | +181% | +390% | +264% | +1,874% | 5/5 short-term, 1/3 long-term |  | 0.72 |
| [TSM](https://easycompare.io/research/tsm): Taiwan Semiconductor Manufacturing Company Limited | +44.3% | +382% | +293% | +1,505% | 5/5 short-term, 1/3 long-term |  | 0.91 |
| [ANET](https://easycompare.io/research/anet): Arista Networks, Inc. | +23.7% | +289% | +634% | +3,439% | 4/5 short-term, 1/3 long-term |  | 1.06 |
| [ARM](https://easycompare.io/research/arm): Arm Holdings plc American Depositary Shares | +28.9% | +362% | — | — | 3/5 short-term, 1/3 long-term |  | — |
| [ADI](https://easycompare.io/research/adi): Analog Devices, Inc. | +63.3% | +150% | +144% | +652% | 5/5 short-term, 0/3 long-term |  | 0.69 |
| [TXN](https://easycompare.io/research/txn): Texas Instruments Incorporated | +58.7% | +105% | +60.5% | +424% | 5/5 short-term, 0/3 long-term |  | 0.45 |
| [CSCO](https://easycompare.io/research/csco): Cisco Systems, Inc. | +53.8% | +118% | +118% | +374% | 5/5 short-term, 0/3 long-term |  | 0.73 |
| [MCHP](https://easycompare.io/research/mchp): Microchip Technology Incorporated | +16.0% | +8.5% | +13.0% | +207% | 5/5 short-term, 0/3 long-term |  | 0.28 |
| [NXPI](https://easycompare.io/research/nxpi): NXP Semiconductors N.V. | +10.0% | +34.9% | +31.9% | +159% | 5/5 short-term, 0/3 long-term |  | 0.34 |
| [MPWR](https://easycompare.io/research/mpwr): Monolithic Power Systems, Inc. | +21.9% | +204% | +159% | +1,659% | 4/5 short-term, 0/3 long-term |  | 0.62 |
| ON: ON Semiconductor Corporation | +37.8% | −10.9% | +66.0% | +540% | 4/5 short-term, 0/3 long-term |  | 0.46 |
| [QCOM](https://easycompare.io/research/qcom): QUALCOMM Incorporated | +7.4% | +72.4% | +48.3% | +239% | 4/5 short-term, 0/3 long-term |  | 0.40 |
| [INTC](https://easycompare.io/research/intc): Intel Corp. | +141% | +167% | +79.8% | +219% | 4/5 short-term, 0/3 long-term |  | 0.49 |
| SWKS: Skyworks Solutions, Inc. | +10.2% | −2.8% | −43.5% | +29.2% | 4/5 short-term, 0/3 long-term |  | -0.05 |
| [STM](https://easycompare.io/research/stm): STMicroelectronics N.V. | +52.9% | +18.8% | +11.6% | +525% | 3/5 short-term, 0/3 long-term |  | 0.28 |
| [ORCL](https://easycompare.io/research/orcl): Oracle Corporation | −52.1% | +33.3% | +45.1% | +300% | 1/5 short-term, 0/3 long-term |  | 0.38 |
| CRUS: Cirrus Logic, Inc. | −15.6% | +63.6% | +37.1% | +106% | 0/5 short-term, 0/3 long-term |  | 0.35 |

### How did AVGO do year by year?

This table shows each investment's total return in every full calendar year since 2010, along with where AVGO ranked among its popular alternatives each year.

- AVGO finished ahead of the S&P 500 in 14 of its 16 full calendar years, and ahead of it in each of the last six.
- Ranked against its popular alternatives each year, AVGO finished in the top quarter in 11 of 16 years and in the bottom quarter in one. In 2025, it ranked 6 of 22.
- None of the 20 popular alternatives came out ahead of AVGO in most of the years they have in common.

| Year | AVGO | SPY |
| --- | --- | --- |
| 2025 | +50.6% | +17.7% |
| 2024 | +110% | +24.9% |
| 2023 | +104% | +26.2% |
| 2022 | −13.3% | −18.2% |
| 2021 | +56.5% | +28.7% |
| 2020 | +45.0% | +18.3% |
| 2019 | +29.0% | +31.2% |
| 2018 | +2.2% | −4.6% |
| 2017 | +48.2% | +21.7% |
| 2016 | +23.6% | +12.0% |

## Risk and diversification

How AVGO has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

### What were AVGO's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high.

- In all five of AVGO's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: AVGO fell 31.5% from June to October 2026, while the S&P 500 rose 1.0%.
- None of these declines kept AVGO below its old high for long; the longest climb back took seven months.

| Decline | Peak | Low | Back at the high | SPY over the same dates | Market event |
| --- | --- | --- | --- | --- | --- |
| −48.3% | February 12, 2020 | March 18, 2020 | July 6, 2020 | −28.9% | Covid crash |
| −41.1% | December 16, 2024 | April 4, 2025 | June 2, 2025 | −16.2% |  |
| −35.2% | December 27, 2021 | October 14, 2022 | May 17, 2023 | −24.2% | 2022 bear market |
| −31.5% | June 2, 2026 | October 16, 2026 | not yet | +1.0% |  |
| −30.4% | July 6, 2011 | August 8, 2011 | March 26, 2012 | −16.2% | 2011 euro debt crisis |

### How did AVGO do in stock market crashes?

This section measures how far AVGO, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000.

- Among its popular alternatives, INTC held up best, falling less than AVGO in five of the eight crashes they both traded through.
- AVGO began trading after the 2008 financial crisis, but 17 of its popular alternatives lived through it. The mildest fall among them was ORCL's 41.1%, against 55.2% for the S&P 500.
- AVGO fell less than the S&P 500 in four of the eight crashes it has traded through. The clearest case was the late-2018 sell-off, when AVGO fell 15.2% and the S&P 500 fell 19.3%.

| Crash | Dates | AVGO fall | SPY fall |
| --- | --- | --- | --- |
| Dot-com bust | March 10, 2000 to October 9, 2002 | not trading | −47.5% |
| Global financial crisis | October 9, 2007 to March 9, 2009 | not trading | −55.2% |
| Flash crash | May 6, 2010 to May 7, 2010 | 0.0% | −1.5% |
| Euro debt crisis | July 22, 2011 to October 3, 2011 | −26.7% | −17.9% |
| China devaluation & oil rout | August 10, 2015 to February 11, 2016 | −21.6% | −12.8% |
| Volmageddon | February 2, 2018 to February 9, 2018 | −4.5% | −6.5% |
| Q4 2018 selloff | September 21, 2018 to December 24, 2018 | −15.2% | −19.3% |
| COVID crash | February 19, 2020 to March 23, 2020 | −46.8% | −33.7% |
| 2022 bear market | January 4, 2022 to October 12, 2022 | −34.3% | −24.5% |
| SVB / regional bank stress | March 8, 2023 to March 13, 2023 | −2.8% | −3.4% |

### How closely does AVGO move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell.

- Over the past 10 years, AVGO captured 158% of the S&P 500's gains in rising months and 86% of its losses in falling months, with a beta of 1.19. Its share of the market's gains was larger than its share of the losses.
- Only DELL and ANET had a higher capture ratio (upside capture divided by downside capture) than AVGO's 1.85, out of 20 popular alternatives with the same record.
- DELL took just 43% of the S&P 500's losses, against 86% for AVGO, while still keeping 154% of its gains.

Measured over the past 10 years of monthly returns against SPY.

| Investment | Upside capture | Downside capture | Beta |
| --- | --- | --- | --- |
| AVGO: Broadcom Inc. (this page) | 158% | 86.0% | 1.19 |
| [NVDA](https://easycompare.io/research/nvda): NVIDIA Corporation | 248% | 140% | 1.83 |
| [MU](https://easycompare.io/research/mu): Micron Technology, Inc. | 204% | 114% | 1.75 |
| [DELL](https://easycompare.io/research/dell): Dell Technologies Inc. | 154% | 43.0% | 1.13 |
| [AMD](https://easycompare.io/research/amd): Advanced Micro Devices, Inc. | 254% | 179% | 2.25 |
| [MRVL](https://easycompare.io/research/mrvl): Marvell Technology, Inc. | 167% | 116% | 1.68 |
| [TSM](https://easycompare.io/research/tsm): Taiwan Semiconductor Manufacturing Company Limited | 138% | 75.0% | 1.15 |
| [ANET](https://easycompare.io/research/anet): Arista Networks, Inc. | 174% | 91.0% | 1.40 |
| [ADI](https://easycompare.io/research/adi): Analog Devices, Inc. | 117% | 92.0% | 1.20 |
| [TXN](https://easycompare.io/research/txn): Texas Instruments Incorporated | 113% | 108% | 1.18 |
| [CSCO](https://easycompare.io/research/csco): Cisco Systems, Inc. | 101% | 96.0% | 0.97 |
| [MCHP](https://easycompare.io/research/mchp): Microchip Technology Incorporated | 127% | 170% | 1.72 |
| [NXPI](https://easycompare.io/research/nxpi): NXP Semiconductors N.V. | 115% | 157% | 1.63 |
| [MPWR](https://easycompare.io/research/mpwr): Monolithic Power Systems, Inc. | 156% | 107% | 1.31 |
| ON: ON Semiconductor Corporation | 161% | 185% | 1.95 |
| [QCOM](https://easycompare.io/research/qcom): QUALCOMM Incorporated | 115% | 139% | 1.51 |
| [INTC](https://easycompare.io/research/intc): Intel Corp. | 98.0% | 100% | 1.43 |
| SWKS: Skyworks Solutions, Inc. | 88.0% | 149% | 1.31 |
| [STM](https://easycompare.io/research/stm): STMicroelectronics N.V. | 122% | 104% | 1.72 |
| [ORCL](https://easycompare.io/research/orcl): Oracle Corporation | 131% | 159% | 1.30 |
| CRUS: Cirrus Logic, Inc. | 71.0% | 85.0% | 1.02 |

### What diversifies AVGO?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions).

- Moving a fifth of the money in AVGO into MCK would have cut the portfolio's volatility by 20% over the past 5 years for a small cut in its annual return (+51.2% for AVGO alone, +50.3% for the mix).
- Among large ETFs, LVHI, DXJ and EMLP have moved largely independently of AVGO over the past 5 years, with correlations of 0.28 or lower, and each still earned a positive 5-year return.
- In 2022, the one year AVGO lost money (-13.3%), XLE returned +64.4%.

| Investment | Correlation with AVGO | 5Y return | Volatility | Sharpe | Rose in AVGO's 1 down years |
| --- | --- | --- | --- | --- | --- |
| LVHI: Franklin International Low Volatility High Dividend Index ETF | 0.11 | +119% | 11.1% | 1.48 | 1 of 1 |
| DXJ: WisdomTree Japan Hedged Equity Fund | 0.28 | +225% | 19.1% | 1.34 | 1 of 1 |
| EMLP: First Trust North American Energy Infrastructure Fund | 0.07 | +101% | 14.5% | 1.04 | 1 of 1 |
| HDV: iShares Core High Dividend ETF | 0.04 | +83.3% | 13.0% | 1.00 | 1 of 1 |
| DBEF: Xtrackers MSCI EAFE Hedged Equity ETF | 0.34 | +85.0% | 13.8% | 0.96 | 0 of 1 |
| [GLD](https://easycompare.io/research/gld): SPDR Gold Shares | 0.06 | +126% | 18.9% | 0.96 | 0 of 1 |
| SPMO: Invesco S&P 500 Momentum ETF | 0.45 | +136% | 20.8% | 0.93 | 0 of 1 |
| [XLE](https://easycompare.io/research/xle): State Street Energy Select Sector SPDR ETF | -0.16 | +177% | 25.5% | 0.93 | 1 of 1 |

## Common questions

### What was AVGO's worst drawdown?

AVGO's deepest decline since it began trading in 2009 was 48.3%, from February to March 2020. It took four months from the low to climb back to its old high. Because AVGO launched in August 2009, that record does not include the dot-com bust or the 2008 financial crisis.

### What were AVGO's best and worst years?

Over 16 full calendar years, AVGO's best year was 2024, when it returned 110%. Its worst was 2022, with a return of -13.3%.

### Is there a better investment than AVGO?

Among AVGO's popular alternatives, NVDA, MU and DELL were ahead of AVGO in most short and long periods. Looking beyond its popular alternatives, STX (computer hardware) earned more than AVGO over the past 5 years with similar volatility: 57.4% a year at 48.7% volatility, against 48.3% a year at 44.5%.

### Is AVGO more volatile than the S&P 500?

Yes. AVGO's volatility over the past 5 years was 44.5%, 2.6 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, AVGO's return lands within 44.5% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

### What is AVGO's Sharpe ratio?

AVGO's Sharpe ratio over the past 5 years was 1.11, against 0.79 for the S&P 500, so AVGO earned more for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

### How correlated is AVGO with the S&P 500?

Over the past 5 years, AVGO's monthly returns had a correlation of 0.55 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against AVGO instead: the lower it is, the more that option would diversify a AVGO holding.

### What are the best alternatives to AVGO?

Of the 21 popular alternatives we compared, four outperformed AVGO in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: NVDA, MU and DELL.

### Did AVGO outperform the S&P 500?

AVGO finished ahead of the S&P 500 (SPY) in 14 of 16 full calendar years. In 2025, it returned +50.6%, against +17.7% for the index.

### How did AVGO do in stock market crashes?

AVGO fell less than the S&P 500 (SPY) in four of the eight major crashes it has traded through, and further in four. The clearest case was the late-2018 sell-off, when AVGO fell 15.2% and the S&P 500 fell 19.3%.

### What diversifies AVGO?

These had a low correlation with AVGO over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.11), DXJ (correlation 0.28) and EMLP (correlation 0.07); among large stocks, CAH (correlation -0.02), CLS (correlation 0.46) and FIX (correlation 0.29). A correlation near zero means the two have moved largely independently.

## More research

- [NVIDIA (NVDA) Performance, Alternatives and Market Rank](https://easycompare.io/research/nvda)
- [Micron Technology (MU) Performance, Alternatives and Market Rank](https://easycompare.io/research/mu)
- [Dell Technologies (DELL) Performance, Alternatives and Market Rank](https://easycompare.io/research/dell)
- [Advanced Micro Devices (AMD) Performance, Alternatives and Market Rank](https://easycompare.io/research/amd)
- [Marvell Technology (MRVL) Performance, Alternatives and Market Rank](https://easycompare.io/research/mrvl)
- [Taiwan Semiconductor Manufacturing (TSM) Performance, Alternatives and Market Rank](https://easycompare.io/research/tsm)
- [Arista Networks (ANET) Performance, Alternatives and Market Rank](https://easycompare.io/research/anet)
- [ARM Performance, Alternatives and Market Rank](https://easycompare.io/research/arm)
- [Analog Devices (ADI) Performance, Alternatives and Market Rank](https://easycompare.io/research/adi)
- [Texas Instruments (TXN) Performance, Alternatives and Market Rank](https://easycompare.io/research/txn)
- [Cisco Systems (CSCO) Performance, Alternatives and Market Rank](https://easycompare.io/research/csco)
- [Microchip Technology (MCHP) Performance, Alternatives and Market Rank](https://easycompare.io/research/mchp)

## Explore further

- Full page with charts: https://easycompare.io/research/avgo
- All research pages: https://easycompare.io/llms.txt
- Compare the entire market against AVGO live: https://betterthanspy.com/?b=AVGO&utm_source=easycompare&utm_medium=research