Relative Intelligence · Semiconductors

How SK hynix (SKHY) compares with the whole market and its popular alternatives

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on SKHY alone. It places SKHY (SK hynix 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 and diversification. The result is a clearer view of where SKHY stands in the market, and of the alternatives worth a closer look.

Period covered: SKHY's full trading record. All returns include reinvested dividends. Data as of October 20, 2026.

Data as of October 20, 2026. Full tables and charts read best on a larger screen.

SKHY began trading in July 2026, so it has less than a year of history. This page compares it over the periods it has, so it may be missing long-term perspectives that will appear as its record grows.

Rank the market against SKHY →Chart SKHY vs. 21 alternatives →

On this page3 sections

Key findings

Right nowThe slide is SKHY's own: it is 29.6% below its high, against 1.3% for the S&P 500. Over the past 3 months, SKHY fell 7.5% while the S&P 500 rose 3.9%. At a glance ↓
Stock or market?SKHY fell 7.5% over the past 3 months, 5.3 points behind the semiconductors ETF SMH (VanEck Semiconductor ETF), which 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 WDC (Western Digital) fell 25.2%.
Past 1 to 3 yearsIt took 2 months for SKHY to win back the 34.6% it lost in July 2026. the S&P 500 fell 3.0% over those same dates.

SKHY at a glance

This section summarizes the key facts about the stock, its returns over the months since it began trading and the risk it has carried, with dividends reinvested throughout. These figures serve as the baseline for every comparison that follows.

Note: SKHY began trading on July 10, 2026, so every figure here, including its worst decline, covers only the time since then. None of them reflect the dot-com bust, the 2008 financial crisis or eight other sell-offs.

SKHY is still 29.6% below its all-time high.
SKHY's deepest decline since it began trading in 2026 was 34.6%, in July 2026. It took two months from the low to climb back to its old high.

The company

Market value: $992B
Industry: Semiconductors
Price history from: July 2026

Returns

Past 1 month: −26.0%total return
Past 3 months: −7.5%total return

Risk

Worst decline ever: −34.6%Jul 2026 to Jul 2026
From its all-time high: −29.6%below the peak

SKHY against its popular alternatives

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

Has SKHY consistently beaten its popular alternatives?

This section compares SKHY with the investments people most often weigh against it, checking each one over two periods from one month to three months. Counting how often an alternative earned more than SKHY helps separate lasting outperformance from a single strong stretch.

12 of the 21 popular alternatives, led by MRVL, DELL and ADI, outperformed SKHY in both of its timeframes.

A green cell means the alternative earned more than SKHY over that period. "Qualified" marks those that did so in both of its periods.

Investment	Periods outperformed	Short term		Risk	Fund
Investment	Periods outperformed	1M	3M	Worst declinepast 10 years	Expense	Assets	Overlapsame sectors
SKHY SK hynix Inc. (this page)	—	−26.0%	−7.5%	—	—	$992B	—
MRVL QualifiedMarvell Technology, Inc.	2/2 short	−6.6%	+23.4%	−61.9%	—	$211B	—
DELL QualifiedDell Technologies Inc.	2/2 short	−19.6%	+21.3%	−59.6%	—	$294B	—
ADI QualifiedAnalog Devices, Inc.	2/2 short	+3.7%	+6.9%	−33.6%	—	$192B	—
NVDA QualifiedNVIDIA Corporation	2/2 short	−4.8%	+6.6%	−66.3%	—	$5.2T	—
AMD QualifiedAdvanced Micro Devices, Inc.	2/2 short	−13.1%	+6.2%	−65.5%	—	$873B	—
TSM QualifiedTaiwan Semiconductor Manufacturing Company Limited	2/2 short	−4.5%	+5.9%	−56.6%	—	$2.2T	—
QCOM QualifiedQUALCOMM Incorporated	2/2 short	−9.5%	+3.7%	−44.3%	—	$188B	—
MU QualifiedMicron Technology, Inc.	2/2 short	−14.2%	+3.6%	−57.6%	—	$1.0T	—
TXN QualifiedTexas Instruments Incorporated	2/2 short	+2.6%	−1.7%	−33.4%	—	$254B	—
UMC QualifiedUnited Microelectronics Corporation	2/2 short	−22.7%	−3.1%	−54.3%	—	$49B	—
INTC QualifiedIntel Corp.	2/2 short	−24.7%	−5.5%	−70.8%	—	$485B	—
ASML QualifiedASML Holding N.V.	2/2 short	−4.7%	−6.1%	−56.9%	—	$630B	—
RMBS SemiconductorsRambus Inc.	1/2 short	−4.7%	−8.4%	−52.9%	—	$10B	—
AVGO SemiconductorsBroadcom Inc.	1/2 short	−7.8%	−11.4%	−48.3%	—	$1.6T	—
LRCX SemiconductorsLam Research Corporation	1/2 short	−12.8%	−14.0%	−56.4%	—	$330B	—
SIMO SemiconductorsSilicon Motion Technology Corporation	1/2 short	−20.6%	−15.2%	−56.5%	—	$7.2B	—
STX Computer HardwareSeagate Technology Holdings plc	1/2 short	−23.0%	−15.8%	−57.0%	—	$154B	—
GFS SemiconductorsGLOBALFOUNDRIES Inc.	1/2 short	−3.0%	−17.0%	−61.5%	—	$26B	—
KLAC SemiconductorsKLA Corporation	1/2 short	−12.1%	−22.0%	−46.3%	—	$211B	—
AMAT SemiconductorsApplied Materials, Inc.	1/2 short	−12.8%	−22.9%	−55.1%	—	$321B	—
WDC Computer HardwareWestern Digital Corporation	1/2 short	−18.7%	−25.2%	−70.5%	—	$136B	—

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Risk and diversification

How SKHY 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 SKHY's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high. This section presents SKHY's three deepest drawdowns since it began trading in 2026, alongside the S&P 500's return over the same dates, and how long each took to recover. Together, these figures show how much an investor could have lost and how long it took to get back to even.

Note: SKHY began trading on July 10, 2026, so this list cannot include the dot-com bust, the 2008 financial crisis or eight other sell-offs.

In all three of SKHY's worst declines, the S&P 500 held up better over the same dates.
Not every decline was the market's doing: SKHY fell 34.6% in July 2026, while the S&P 500 slipped only 3.0%.
None of these declines kept SKHY below its old high for long; the longest climb back took two months.

Green means SKHY fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.

During	SKHY fell	S&P 500, same dates	Peak	Low	Time to the low	Back at the peak	Time to recover
No named crash	−34.6%	−3.0%	Jul 2026	Jul 2026	Under a month	Sep 2026	2 months
No named crash	−31.3%	+0.4%	Sep 2026	Oct 2026	1 month	Not yet	—
No named crash	−9.3%	−0.8%	Jul 2026	Jul 2026	Under a month	Jul 2026	Under a month

Common questions

What was SKHY's worst drawdown?

SKHY's deepest decline since it began trading in 2026 was 34.6%, in July 2026. It took two months from the low to climb back to its old high. Because SKHY launched in July 2026, that record does not include the dot-com bust, the 2008 financial crisis or eight other sell-offs.

What are the best alternatives to SKHY?

Of the 21 popular alternatives we compared, 12 outperformed SKHY in both of its timeframes, with dividends reinvested: MRVL, DELL and ADI.

How we measure

Short-term periods are 1M, 3M. An investment outperformed in a period when its total return, with dividends reinvested, was higher than SKHY's. Returns within 0.5 points or 3% of SKHY's, whichever is larger, count as a tie.
"Qualified" means outperforming in both of its periods. "All-weather" means outperforming in every long-term period and all but one short-term period.
Popular alternatives are the funds and stocks most often compared with this one. We include only those that trade today, are not leveraged or inverse, and hold at least $200 million.
A decline, or drawdown, runs from a peak to the lowest close before the next high. The worst decline ever uses all the price history we have; comparisons between funds use the past 10 years so that younger funds are judged on the same stretch.
Sector overlap is the share of assets two funds hold in the same sectors. Correlation and the mixed-portfolio figures use monthly returns.
Figures are computed from daily adjusted prices and update after each trading day. Past performance does not predict future results.