ALAB vs. NFLX
ALAB (Astera Labs, Inc.) and NFLX (Netflix, Inc.) are both stocks. ALAB operates in Semiconductors (Technology), while NFLX operates in Entertainment (Communication Services). Over the past year, ALAB returned 282.31% vs -33.07% for NFLX. At a 0.19 correlation, their price movements are largely independent.
Performance
ALAB vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, ALAB achieves a 118.53% return, which is significantly higher than NFLX's -13.05% return.
ALAB
- 1D
- 2.19%
- 1M
- 80.64%
- YTD
- 118.53%
- 6M
- 138.39%
- 1Y
- 282.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFLX
- 1D
- -2.17%
- 1M
- -10.44%
- YTD
- -13.05%
- 6M
- -21.59%
- 1Y
- -33.07%
- 3Y*
- 26.74%
- 5Y*
- 10.50%
- 10Y*
- 23.40%
ALAB vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ALAB Astera Labs, Inc. | 118.53% | 25.60% | 113.53% |
NFLX Netflix, Inc. | -13.05% | 5.19% | 42.00% |
Correlation
The correlation between ALAB and NFLX is 0.05, 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 | 0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2024 | 0.19 |
The correlation between ALAB and NFLX shifts across timeframes, from 0.05 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ALAB:
$65.86B
NFLX:
$350.41B
ALAB:
$1.48
NFLX:
$3.09
ALAB:
244.87
NFLX:
26.37
ALAB:
65.44
NFLX:
7.52
ALAB:
44.08
NFLX:
11.26
ALAB:
$1.00B
NFLX:
$46.89B
ALAB:
$760.99M
NFLX:
$22.99B
ALAB:
$253.12M
NFLX:
$26.91B
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Return for Risk
ALAB vs. NFLX — Risk / Return Rank
ALAB
NFLX
ALAB vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Astera Labs, Inc. (ALAB) and Netflix, Inc. (NFLX). 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.
| ALAB | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.01 | ||
| Sortino ratioReturn per unit of downside risk | +4.46 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.82 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | -0.77 | +5.49 |
| Martin ratioReturn relative to average drawdown | 9.31 | -1.36 | +10.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALAB | NFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.01 | -1.00 | +4.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.24 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.34 | 0.57 | +0.77 |
Drawdowns
ALAB vs. NFLX - Drawdown Comparison
The maximum ALAB drawdown since its inception was -63.69%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for ALAB and NFLX.
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Drawdown Indicators
| ALAB | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.69% | -81.99% | +18.30% |
Max Drawdown (1Y)Largest decline over 1 year | -60.19% | -43.35% | -16.84% |
Max Drawdown (3Y)Largest decline over 3 years | — | -43.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -75.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.95% | — |
Current DrawdownCurrent decline from peak | 0.00% | -39.12% | +39.12% |
Average DrawdownAverage peak-to-trough decline | -29.85% | -24.89% | -4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.49% | 24.34% | +6.15% |
Volatility
ALAB vs. NFLX - Volatility Comparison
Astera Labs, Inc. (ALAB) has a higher volatility of 29.16% compared to Netflix, Inc. (NFLX) at 7.24%. This indicates that ALAB's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALAB | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.16% | 7.24% | +21.92% |
Volatility (6M)Calculated over the trailing 6-month period | 70.78% | 25.66% | +45.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.41% | 33.14% | +61.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.55% | 43.11% | +49.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 92.55% | 41.52% | +51.03% |
Dividends
ALAB vs. NFLX - Dividend Comparison
Neither ALAB nor NFLX has paid dividends to shareholders.
Financials
ALAB vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Astera Labs, Inc. and Netflix, 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. NFLX - 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%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
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%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
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%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
ALAB and NFLX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALAB has higher volatility (29.16%) compared to NFLX (7.24%). In terms of maximum drawdown, ALAB dropped -63.69% vs NFLX's -81.99%.
ALAB currently has the higher Sharpe Ratio (3.01 vs -1.00), 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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