ALAB vs. GHC

Last updated Jun 13, 2026

ALAB (Astera Labs, Inc.) and GHC (Graham Holdings Company) are both stocks. ALAB operates in Semiconductors (Technology), while GHC operates in Education & Training Services (Consumer Defensive). Over the past year, ALAB returned 309.17% vs 25.98% for GHC. At a 0.13 correlation, their price movements are largely independent.

Performance

ALAB vs. GHC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astera Labs, Inc. (ALAB) and Graham Holdings Company (GHC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALAB achieves a 120.70% return, which is significantly higher than GHC's 7.23% return.

ALAB

• 1D: -0.09%
• 1M: 57.79%
• YTD: 120.70%
• 6M: 146.66%
• 1Y: 309.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GHC

• 1D: 1.55%
• 1M: 7.43%
• YTD: 7.23%
• 6M: 5.38%
• 1Y: 25.98%
• 3Y*: 28.02%
• 5Y*: 13.38%
• 10Y*: 10.04%

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

ALAB vs. GHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ALAB Astera Labs, Inc.	120.70%	25.60%	152.00%
GHC Graham Holdings Company	7.23%	26.98%	21.66%

Correlation

The correlation between ALAB and GHC is -0.00, 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	-0.00
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024	0.13

The correlation between ALAB and GHC shifts across timeframes, from -0.00 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ALAB : $66.51B GHC : $7.77M
EPS ALAB : $1.48 GHC : $90.63
PE Ratio ALAB : 247.31 GHC : 12.96
PS Ratio ALAB : 66.09 GHC : 1.03
PB Ratio ALAB : 44.52 GHC : 0.00
Total Revenue (TTM) ALAB : $1.00B GHC : $3.75B
Gross Profit (TTM) ALAB : $760.99M GHC : $1.10B
EBITDA (TTM) ALAB : $253.12M GHC : $722.08M

Return for Risk

ALAB vs. GHC — Risk / Return Rank

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

ALAB

ALAB Risk / Return Rank: 91
ALAB Sharpe Ratio Rank: 96
ALAB Sortino Ratio Rank: 90
ALAB Omega Ratio Rank: 89
ALAB Calmar Ratio Rank: 92
ALAB Martin Ratio Rank: 88

GHC

GHC Risk / Return Rank: 68
GHC Sharpe Ratio Rank: 72
GHC Sortino Ratio Rank: 66
GHC Omega Ratio Rank: 65
GHC Calmar Ratio Rank: 68
GHC Martin Ratio Rank: 69

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.

ALAB vs. GHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astera Labs, Inc. (ALAB) and Graham Holdings Company (GHC). 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	GHC	Difference
Sharpe ratio: Return per unit of total volatility	3.03	0.93	+2.10
Sortino ratio: Return per unit of downside risk	3.06	1.41	+1.65
Omega ratio: Gain probability vs. loss probability	1.39	1.18	+0.21
Calmar ratio: Return relative to maximum drawdown	4.84	1.25	+3.59
Martin ratio: Return relative to average drawdown	9.53	3.29	+6.24

ALAB vs. GHC - Sharpe Ratio Comparison

The current ALAB Sharpe Ratio is 3.03, which is higher than the GHC Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of ALAB and GHC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALAB vs. GHC - Drawdown Comparison

The maximum ALAB drawdown since its inception was -63.69%, smaller than the maximum GHC drawdown of -67.54%. Use the drawdown chart below to compare losses from any high point for ALAB and GHC.

Drawdown Indicators

	ALAB	GHC	Difference
Max Drawdown Largest peak-to-trough decline	-63.69%	-67.54%	+3.85%
Max Drawdown (1Y) Largest decline over 1 year	-60.19%	-19.78%	-40.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.78%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.55%	—
Current Drawdown Current decline from peak	-0.09%	-1.32%	+1.23%
Average Drawdown Average peak-to-trough decline	-29.48%	-19.30%	-10.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.50%	7.51%	+22.99%

Volatility

ALAB vs. GHC - Volatility Comparison

Astera Labs, Inc. (ALAB) has a higher volatility of 32.05% compared to Graham Holdings Company (GHC) at 5.31%. This indicates that ALAB's price experiences larger fluctuations and is considered to be riskier than GHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALAB	GHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.05%	5.31%	+26.74%
Volatility (6M) Calculated over the trailing 6-month period	70.52%	15.88%	+54.64%
Volatility (1Y) Calculated over the trailing 1-year period	96.04%	26.54%	+69.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.49%	26.03%	+67.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.49%	28.28%	+65.21%

Dividends

ALAB vs. GHC - Dividend Comparison

ALAB has not paid dividends to shareholders, while GHC's dividend yield for the trailing twelve months is around 0.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
GHC Graham Holdings Company	0.63%	0.66%	0.79%	0.95%	1.05%	0.96%	1.09%	0.87%	0.83%	0.91%	0.95%	89.61%

Financials

Frequently Asked Questions

Can I hold both ALAB and GHC in my portfolio?

ALAB and GHC have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALAB or GHC?

ALAB has higher volatility (32.05%) compared to GHC (5.31%). In terms of maximum drawdown, ALAB dropped -63.69% vs GHC's -67.54%.

Which has better risk-adjusted returns?

ALAB currently has the higher Sharpe Ratio (3.03 vs 0.93), 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.