ABG vs. ON
ABG (Asbury Automotive Group, Inc.) and ON (ON Semiconductor Corporation) are both stocks. ABG operates in Auto & Truck Dealerships (Consumer Cyclical), while ON operates in Semiconductors (Technology). Over the past 10 years, ABG returned 13.91%/yr vs 30.63%/yr for ON. At a 0.36 correlation, their price movements are largely independent.
Performance
ABG vs. ON - Performance Comparison
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Returns By Period
In the year-to-date period, ABG achieves a -15.62% return, which is significantly lower than ON's 142.94% return. Over the past 10 years, ABG has underperformed ON with an annualized return of 13.91%, while ON has yielded a comparatively higher 30.63% annualized return.
ABG
- 1D
- -0.43%
- 1M
- 4.52%
- YTD
- -15.62%
- 6M
- -17.18%
- 1Y
- -17.43%
- 3Y*
- -4.93%
- 5Y*
- 3.90%
- 10Y*
- 13.91%
ON
- 1D
- 8.16%
- 1M
- 13.21%
- YTD
- 142.94%
- 6M
- 133.37%
- 1Y
- 149.05%
- 3Y*
- 14.55%
- 5Y*
- 28.95%
- 10Y*
- 30.63%
ABG vs. ON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABG Asbury Automotive Group, Inc. | -15.62% | -4.32% | 8.03% | 25.51% | 3.77% | 18.52% | 30.37% | 67.70% | 4.16% | 3.73% |
ON ON Semiconductor Corporation | 142.94% | -14.12% | -24.52% | 33.93% | -8.17% | 107.52% | 34.25% | 47.67% | -21.16% | 64.11% |
Correlation
The correlation between ABG and ON is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2002 | 0.36 |
Fundamentals
ABG:
$3.73B
ON:
$51.84B
ABG:
$21.01
ON:
$1.42
ABG:
9.34
ON:
92.83
ABG:
0.21
ON:
8.78
ABG:
$17.96B
ON:
$6.06B
ABG:
$3.05B
ON:
$2.26B
ABG:
$1.06B
ON:
$1.21B
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Return for Risk
ABG vs. ON — Risk / Return Rank
ABG
ON
ABG vs. ON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Asbury Automotive Group, Inc. (ABG) and ON Semiconductor Corporation (ON). 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.
| ABG | ON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.23 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.40 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 5.34 | -5.85 |
| Martin ratioReturn relative to average drawdown | -1.02 | 10.63 | -11.65 |
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Drawdowns
ABG vs. ON - Drawdown Comparison
The maximum ABG drawdown since its inception was -92.76%, roughly equal to the maximum ON drawdown of -96.34%. Use the drawdown chart below to compare losses from any high point for ABG and ON.
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Drawdown Indicators
| ABG | ON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.76% | -96.34% | +3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -33.72% | -28.10% | -5.62% |
Max Drawdown (3Y)Largest decline over 3 years | -42.37% | -70.44% | +28.07% |
Max Drawdown (5Y)Largest decline over 5 years | -42.37% | -70.44% | +28.07% |
Max Drawdown (10Y)Largest decline over 10 years | -65.68% | -70.44% | +4.76% |
Current DrawdownCurrent decline from peak | -35.85% | -1.78% | -34.07% |
Average DrawdownAverage peak-to-trough decline | -26.30% | -53.88% | +27.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.15% | 14.08% | +3.07% |
Volatility
ABG vs. ON - Volatility Comparison
The current volatility for Asbury Automotive Group, Inc. (ABG) is 9.53%, while ON Semiconductor Corporation (ON) has a volatility of 25.51%. This indicates that ABG experiences smaller price fluctuations and is considered to be less risky than ON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABG | ON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.53% | 25.51% | -15.98% |
Volatility (6M)Calculated over the trailing 6-month period | 22.40% | 42.52% | -20.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.62% | 55.85% | -23.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.86% | 53.76% | -13.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.46% | 51.34% | -9.88% |
Dividends
ABG vs. ON - Dividend Comparison
Neither ABG nor ON has paid dividends to shareholders.
Financials
ABG vs. ON - Financials Comparison
This section allows you to compare key financial metrics between Asbury Automotive Group, Inc. and ON Semiconductor 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
ABG vs. ON - Profitability Comparison
ABG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Asbury Automotive Group, Inc. reported a gross profit of 726.90M and revenue of 4.11B. Therefore, the gross margin over that period was 17.7%.
ON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ON Semiconductor Corporation reported a gross profit of 583.10M and revenue of 1.51B. Therefore, the gross margin over that period was 38.5%.
ABG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Asbury Automotive Group, Inc. reported an operating income of 193.90M and revenue of 4.11B, resulting in an operating margin of 4.7%.
ON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ON Semiconductor Corporation reported an operating income of -53.40M and revenue of 1.51B, resulting in an operating margin of -3.5%.
ABG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Asbury Automotive Group, Inc. reported a net income of 187.80M and revenue of 4.11B, resulting in a net margin of 4.6%.
ON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ON Semiconductor Corporation reported a net income of -33.40M and revenue of 1.51B, resulting in a net margin of -2.2%.
Frequently Asked Questions
ABG and ON have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ON has higher volatility (25.51%) compared to ABG (9.53%). In terms of maximum drawdown, ABG dropped -92.76% vs ON's -96.34%.
ON currently has the higher Sharpe Ratio (2.69 vs -0.54), 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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