ALAB vs. ADI
ALAB (Astera Labs, Inc.) and ADI (Analog Devices, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past year, ALAB returned 348.10% vs 92.81% for ADI. At a 0.36 correlation, their price movements are largely independent.
Performance
ALAB vs. ADI - Performance Comparison
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Returns By Period
In the year-to-date period, ALAB achieves a 150.70% return, which is significantly higher than ADI's 61.14% return.
ALAB
- 1D
- 11.31%
- 1M
- 40.03%
- YTD
- 150.70%
- 6M
- 153.69%
- 1Y
- 348.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADI
- 1D
- 4.83%
- 1M
- 13.39%
- YTD
- 61.14%
- 6M
- 59.24%
- 1Y
- 92.81%
- 3Y*
- 34.28%
- 5Y*
- 23.86%
- 10Y*
- 24.89%
ALAB vs. ADI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ALAB Astera Labs, Inc. | 150.70% | 25.60% | 152.00% |
ADI Analog Devices, Inc. | 61.14% | 29.75% | 12.86% |
Correlation
The correlation between ALAB and ADI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024 | 0.36 |
The correlation between ALAB and ADI shifts across timeframes, from 0.24 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ALAB:
$75.56B
ADI:
$213.08B
ALAB:
$1.48
ADI:
$6.72
ALAB:
280.93
ADI:
64.65
ALAB:
75.08
ADI:
16.81
ALAB:
50.57
ADI:
6.32
ALAB:
$1.00B
ADI:
$12.74B
ALAB:
$760.99M
ADI:
$8.22B
ALAB:
$253.12M
ADI:
$6.19B
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Return for Risk
ALAB vs. ADI — Risk / Return Rank
ALAB
ADI
ALAB vs. ADI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Astera Labs, Inc. (ALAB) and Analog Devices, Inc. (ADI). 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.
| ALAB | ADI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.46 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.34 | 5.86 | -0.52 |
| Martin ratioReturn relative to average drawdown | 10.53 | 16.11 | -5.58 |
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Drawdowns
ALAB vs. ADI - Drawdown Comparison
The maximum ALAB drawdown since its inception was -63.69%, smaller than the maximum ADI drawdown of -82.88%. Use the drawdown chart below to compare losses from any high point for ALAB and ADI.
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Drawdown Indicators
| ALAB | ADI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.69% | -82.88% | +19.19% |
Max Drawdown (1Y)Largest decline over 1 year | -60.19% | -15.73% | -44.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -32.20% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.20% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.62% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.73% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -29.29% | -33.90% | +4.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.50% | 5.71% | +24.79% |
Volatility
ALAB vs. ADI - Volatility Comparison
Astera Labs, Inc. (ALAB) has a higher volatility of 31.61% compared to Analog Devices, Inc. (ADI) at 15.74%. This indicates that ALAB's price experiences larger fluctuations and is considered to be riskier than ADI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALAB | ADI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.61% | 15.74% | +15.87% |
Volatility (6M)Calculated over the trailing 6-month period | 69.77% | 25.86% | +43.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.74% | 32.18% | +64.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.67% | 33.22% | +60.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 93.67% | 32.83% | +60.84% |
Dividends
ALAB vs. ADI - Dividend Comparison
ALAB has not paid dividends to shareholders, while ADI's dividend yield for the trailing twelve months is around 0.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 0.96% | 1.46% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% |
ALAB Astera Labs, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ALAB vs. ADI - Financials Comparison
This section allows you to compare key financial metrics between Astera Labs, Inc. and Analog Devices, Inc.. 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
ALAB vs. ADI - Profitability Comparison
ALAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported a gross profit of 235.14M and revenue of 308.36M. Therefore, the gross margin over that period was 76.3%.
ADI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported a gross profit of 2.44B and revenue of 3.62B. Therefore, the gross margin over that period was 67.3%.
ALAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported an operating income of 61.83M and revenue of 308.36M, resulting in an operating margin of 20.1%.
ADI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported an operating income of 1.38B and revenue of 3.62B, resulting in an operating margin of 38.1%.
ALAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported a net income of 80.31M and revenue of 308.36M, resulting in a net margin of 26.0%.
ADI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported a net income of 1.18B and revenue of 3.62B, resulting in a net margin of 32.5%.
Frequently Asked Questions
ALAB and ADI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALAB has higher volatility (31.61%) compared to ADI (15.74%). In terms of maximum drawdown, ALAB dropped -63.69% vs ADI's -82.88%.
ALAB currently has the higher Sharpe Ratio (3.33 vs 2.87), 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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