AGPU vs. AAOI

Last updated Jun 5, 2026

AGPU (Axe Compute Inc.) and AAOI (Applied Optoelectronics, Inc.) are both stocks. Both are in the Technology sector — AGPU in Software - Infrastructure, AAOI in Semiconductors. Over the past 5 years, AGPU returned -55.44%/yr vs 88.88%/yr for AAOI. At a 0.17 correlation, their price movements are largely independent.

Performance

AGPU vs. AAOI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Axe Compute Inc. (AGPU) and Applied Optoelectronics, Inc. (AAOI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGPU achieves a 14.27% return, which is significantly lower than AAOI's 482.01% return.

AGPU

• 1D: 0.49%
• 1M: 50.46%
• YTD: 14.27%
• 6M: 49.22%
• 1Y: -43.12%
• 3Y*: -46.06%
• 5Y*: -55.44%
• 10Y*: —

AAOI

• 1D: 10.22%
• 1M: 12.36%
• YTD: 482.01%
• 6M: 673.21%
• 1Y: 1,085.80%
• 3Y*: 343.24%
• 5Y*: 88.88%
• 10Y*: 33.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGPU vs. AAOI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AGPU Axe Compute Inc.	14.27%	-41.87%	-75.08%	-46.35%	-67.79%	29.97%	-71.94%	-57.84%	-26.30%
AAOI Applied Optoelectronics, Inc.	482.01%	-5.43%	90.79%	922.22%	-63.23%	-39.60%	-28.37%	-23.01%	-53.71%

Correlation

The correlation between AGPU and AAOI is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 30, 2018	0.17

Fundamentals

Market Cap AGPU : $142.40M AAOI : $15.42B
EPS AGPU : -$25.65 AAOI : -$0.65
PS Ratio AGPU : 592.62 AAOI : 26.65
PB Ratio AGPU : 2.98 AAOI : 13.94
Total Revenue (TTM) AGPU : $125.28K AAOI : $507.00M
Gross Profit (TTM) AGPU : $52.66K AAOI : $150.29M
EBITDA (TTM) AGPU : -$232.85M AAOI : -$26.44M

Return for Risk

AGPU vs. AAOI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGPU

AGPU Risk / Return Rank: 39
AGPU Sharpe Ratio Rank: 32
AGPU Sortino Ratio Rank: 56
AGPU Omega Ratio Rank: 55
AGPU Calmar Ratio Rank: 25
AGPU Martin Ratio Rank: 28

AAOI

AAOI Risk / Return Rank: 98
AAOI Sharpe Ratio Rank: 100
AAOI Sortino Ratio Rank: 97
AAOI Omega Ratio Rank: 94
AAOI Calmar Ratio Rank: 99
AAOI Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGPU vs. AAOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axe Compute Inc. (AGPU) and Applied Optoelectronics, Inc. (AAOI). 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.

	AGPU	AAOI	Difference
Sharpe ratio: Return per unit of total volatility	-0.21	8.00	-8.22
Sortino ratio: Return per unit of downside risk	1.08	4.70	-3.61
Omega ratio: Gain probability vs. loss probability	1.14	1.54	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.47	23.04	-23.51
Martin ratio: Return relative to average drawdown	-0.74	64.89	-65.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGPU vs. AAOI - Sharpe Ratio Comparison

The current AGPU Sharpe Ratio is -0.21, which is lower than the AAOI Sharpe Ratio of 8.00. The chart below compares the historical Sharpe Ratios of AGPU and AAOI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AGPU	AAOI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.21	8.00	-8.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	0.75	-1.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	0.29	-0.69

Drawdowns

AGPU vs. AAOI - Drawdown Comparison

The maximum AGPU drawdown since its inception was -99.97%, roughly equal to the maximum AAOI drawdown of -98.49%. Use the drawdown chart below to compare losses from any high point for AGPU and AAOI.

Drawdown Indicators

	AGPU	AAOI	Difference
Max Drawdown Largest peak-to-trough decline	-99.97%	-98.49%	-1.48%
Max Drawdown (1Y) Largest decline over 1 year	-92.17%	-47.64%	-44.53%
Max Drawdown (3Y) Largest decline over 3 years	-98.58%	-77.17%	-21.41%
Max Drawdown (5Y) Largest decline over 5 years	-99.70%	-83.07%	-16.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-98.49%	—
Current Drawdown Current decline from peak	-99.80%	-9.06%	-90.74%
Average Drawdown Average peak-to-trough decline	-83.27%	-65.77%	-17.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.53%	16.89%	+41.64%

Volatility

AGPU vs. AAOI - Volatility Comparison

Axe Compute Inc. (AGPU) has a higher volatility of 50.11% compared to Applied Optoelectronics, Inc. (AAOI) at 43.76%. This indicates that AGPU's price experiences larger fluctuations and is considered to be riskier than AAOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGPU	AAOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	50.11%	43.76%	+6.35%
Volatility (6M) Calculated over the trailing 6-month period	151.77%	107.40%	+44.37%
Volatility (1Y) Calculated over the trailing 1-year period	201.70%	137.14%	+64.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	140.96%	118.81%	+22.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	126.00%	97.97%	+28.03%

Dividends

AGPU vs. AAOI - Dividend Comparison

Neither AGPU nor AAOI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both AGPU and AAOI in my portfolio?

AGPU and AAOI have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGPU or AAOI?

AGPU has higher volatility (50.11%) compared to AAOI (43.76%). In terms of maximum drawdown, AGPU dropped -99.97% vs AAOI's -98.49%.

Which has better risk-adjusted returns?

AAOI currently has the higher Sharpe Ratio (8.00 vs -0.21), 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.