ASYS vs. VIAV
ASYS (Amtech Systems, Inc.) and VIAV (Viavi Solutions Inc.) are both stocks. Both are in the Technology sector — ASYS in Semiconductor Equipment & Materials, VIAV in Communication Equipment. Over the past 10 years, ASYS returned 11.99%/yr vs 22.52%/yr for VIAV. At a 0.27 correlation, their price movements are largely independent.
Performance
ASYS vs. VIAV - Performance Comparison
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Returns By Period
In the year-to-date period, ASYS achieves a 67.89% return, which is significantly lower than VIAV's 194.16% return. Over the past 10 years, ASYS has underperformed VIAV with an annualized return of 11.99%, while VIAV has yielded a comparatively higher 22.52% annualized return.
ASYS
- 1D
- -4.01%
- 1M
- 27.85%
- YTD
- 67.89%
- 6M
- 140.53%
- 1Y
- 438.87%
- 3Y*
- 31.48%
- 5Y*
- 16.47%
- 10Y*
- 11.99%
VIAV
- 1D
- -0.87%
- 1M
- -0.13%
- YTD
- 194.16%
- 6M
- 199.37%
- 1Y
- 463.66%
- 3Y*
- 73.77%
- 5Y*
- 24.82%
- 10Y*
- 22.52%
ASYS vs. VIAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASYS Amtech Systems, Inc. | 67.89% | 130.28% | 29.76% | -44.74% | -23.08% | 54.86% | -10.89% | 58.06% | -55.01% | 136.94% |
VIAV Viavi Solutions Inc. | 194.16% | 76.44% | 0.30% | -4.19% | -40.35% | 17.66% | -0.17% | 49.25% | 14.99% | 6.85% |
Correlation
The correlation between ASYS and VIAV is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2015 | 0.27 |
Fundamentals
ASYS:
$312.51M
VIAV:
$13.08B
ASYS:
$0.14
VIAV:
-$0.24
ASYS:
3.89
VIAV:
8.86
ASYS:
5.58
VIAV:
15.45
ASYS:
$78.84M
VIAV:
$1.37B
ASYS:
$36.21M
VIAV:
$767.90M
ASYS:
$5.86M
VIAV:
$88.40M
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Return for Risk
ASYS vs. VIAV — Risk / Return Rank
ASYS
VIAV
ASYS vs. VIAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amtech Systems, Inc. (ASYS) and Viavi Solutions Inc. (VIAV). 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.
| ASYS | VIAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.90 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 11.02 | 22.13 | -11.11 |
| Martin ratioReturn relative to average drawdown | 24.73 | 84.46 | -59.73 |
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
| ASYS | VIAV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.14 | 7.72 | -2.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.59 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.59 | -0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.57 | -0.57 |
Drawdowns
ASYS vs. VIAV - Drawdown Comparison
The maximum ASYS drawdown since its inception was -97.05%, which is greater than VIAV's maximum drawdown of -62.88%. Use the drawdown chart below to compare losses from any high point for ASYS and VIAV.
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Drawdown Indicators
| ASYS | VIAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.05% | -62.88% | -34.17% |
Max Drawdown (1Y)Largest decline over 1 year | -40.15% | -21.13% | -19.02% |
Max Drawdown (3Y)Largest decline over 3 years | -69.29% | -42.19% | -27.10% |
Max Drawdown (5Y)Largest decline over 5 years | -78.40% | -62.88% | -15.52% |
Max Drawdown (10Y)Largest decline over 10 years | -78.40% | -62.88% | -15.52% |
Current DrawdownCurrent decline from peak | -27.52% | -5.26% | -22.26% |
Average DrawdownAverage peak-to-trough decline | -72.84% | -19.93% | -52.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.86% | 5.53% | +12.33% |
Volatility
ASYS vs. VIAV - Volatility Comparison
Amtech Systems, Inc. (ASYS) has a higher volatility of 26.96% compared to Viavi Solutions Inc. (VIAV) at 20.21%. This indicates that ASYS's price experiences larger fluctuations and is considered to be riskier than VIAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASYS | VIAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.96% | 20.21% | +6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 66.87% | 51.87% | +15.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.16% | 60.58% | +25.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.97% | 42.45% | +23.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.86% | 38.18% | +23.68% |
Dividends
ASYS vs. VIAV - Dividend Comparison
Neither ASYS nor VIAV has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASYS Amtech Systems, 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% |
VIAV Viavi Solutions Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 77.01% |
Financials
ASYS vs. VIAV - Financials Comparison
This section allows you to compare key financial metrics between Amtech Systems, Inc. and Viavi Solutions 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
ASYS vs. VIAV - Profitability Comparison
ASYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amtech Systems, Inc. reported a gross profit of 9.77M and revenue of 20.47M. Therefore, the gross margin over that period was 47.7%.
VIAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Viavi Solutions Inc. reported a gross profit of 234.10M and revenue of 406.80M. Therefore, the gross margin over that period was 57.6%.
ASYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amtech Systems, Inc. reported an operating income of 1.79M and revenue of 20.47M, resulting in an operating margin of 8.8%.
VIAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Viavi Solutions Inc. reported an operating income of 24.80M and revenue of 406.80M, resulting in an operating margin of 6.1%.
ASYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amtech Systems, Inc. reported a net income of 1.17M and revenue of 20.47M, resulting in a net margin of 5.7%.
VIAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Viavi Solutions Inc. reported a net income of 6.40M and revenue of 406.80M, resulting in a net margin of 1.6%.
Frequently Asked Questions
ASYS and VIAV have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASYS has higher volatility (26.96%) compared to VIAV (20.21%). In terms of maximum drawdown, ASYS dropped -97.05% vs VIAV's -62.88%.
VIAV currently has the higher Sharpe Ratio (7.72 vs 5.14), 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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