ASYS vs. VREX
ASYS (Amtech Systems, Inc.) and VREX (Varex Imaging Corporation) are both stocks. ASYS operates in Semiconductor Equipment & Materials (Technology), while VREX operates in Medical Devices (Healthcare). Over the past 5 years, ASYS returned 9.66%/yr vs -15.38%/yr for VREX. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
ASYS vs. VREX - Performance Comparison
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Returns By Period
In the year-to-date period, ASYS achieves a 25.10% return, which is significantly higher than VREX's 2.32% return.
ASYS
- 1D
- 2.35%
- 1M
- -16.49%
- 6M
- -11.05%
- YTD
- 25.10%
- 1Y
- 244.30%
- 3Y*
- 13.18%
- 5Y*
- 9.66%
- 10Y*
- 9.83%
- ALL TIME*
- -0.58%
VREX
- 1D
- 6.52%
- 1M
- 12.35%
- 6M
- -15.82%
- YTD
- 2.32%
- 1Y
- 66.02%
- 3Y*
- -19.31%
- 5Y*
- -15.38%
- 10Y*
- —
- ALL TIME*
- -8.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.13M | $6.32M | $8.87M | |
| $3.73M | $3.91M | $4.81M |
ASYS vs. VREX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASYS Amtech Systems, Inc. | 25.10% | 130.28% | 29.76% | -44.74% | -23.08% | 54.86% | -10.89% | 58.06% | -55.01% | 143.83% |
VREX Varex Imaging Corporation | 2.32% | -20.15% | -28.83% | 0.99% | -35.66% | 89.15% | -44.05% | 25.89% | -41.05% | 43.46% |
Correlation
The correlation between ASYS and VREX is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2017 | 0.19 |
Fundamentals
ASYS:
$227.64M
VREX:
$501.83M
ASYS:
$0.14
VREX:
-$1.97
ASYS:
2.91
VREX:
0.58
ASYS:
4.16
VREX:
1.05
ASYS:
$78.84M
VREX:
$857.50M
ASYS:
$36.21M
VREX:
$287.70M
ASYS:
$5.86M
VREX:
-$5.80M
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Return for Risk
ASYS vs. VREX — Risk / Return Rank
ASYS
VREX
ASYS vs. VREX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amtech Systems, Inc. (ASYS) and Varex Imaging Corporation (VREX). 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.
| ASYS | VREX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.71 | 1.89 | +3.82 |
| Martin ratioReturn relative to average drawdown | 12.19 | 4.01 | +8.18 |
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Drawdowns
ASYS vs. VREX - Drawdown Comparison
The maximum ASYS drawdown since its inception was -97.05%, which is greater than VREX's maximum drawdown of -84.16%. Use the drawdown chart below to compare losses from any high point for ASYS and VREX.
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Drawdown Indicators
| ASYS | VREX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.05% | -84.16% | -12.89% |
Max Drawdown (1Y)Largest decline over 1 year | -43.10% | -35.10% | -8.00% |
Max Drawdown (3Y)Largest decline over 3 years | -69.07% | -69.70% | +0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -78.40% | -78.77% | +0.37% |
Max Drawdown (10Y)Largest decline over 10 years | -78.40% | — | — |
Current DrawdownCurrent decline from peak | -45.99% | -72.55% | +26.56% |
Average DrawdownAverage peak-to-trough decline | -72.68% | -46.60% | -26.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.14% | 16.50% | +3.64% |
Volatility
ASYS vs. VREX - Volatility Comparison
Amtech Systems, Inc. (ASYS) has a higher volatility of 22.89% compared to Varex Imaging Corporation (VREX) at 8.81%. This indicates that ASYS's price experiences larger fluctuations and is considered to be riskier than VREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASYS | VREX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.89% | 8.81% | +14.08% |
Volatility (6M)Calculated over the trailing 6-month period | 73.49% | 34.22% | +39.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.44% | 50.33% | +44.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.00% | 44.60% | +23.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.07% | 45.41% | +17.66% |
Dividends
ASYS vs. VREX - Dividend Comparison
Neither ASYS nor VREX has paid dividends to shareholders.
Financials
ASYS vs. VREX - Financials Comparison
This section allows you to compare key financial metrics between Amtech Systems, Inc. and Varex Imaging Corporation. 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. VREX - Profitability Comparison
ASYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
VREX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Varex Imaging Corporation reported a gross profit of 72.60M and revenue of 216.00M. Therefore, the gross margin over that period was 33.6%.
ASYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Amtech Systems, Inc. reported an operating income of 1.79M and revenue of 20.47M, resulting in an operating margin of 8.8%.
VREX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Varex Imaging Corporation reported an operating income of 14.40M and revenue of 216.00M, resulting in an operating margin of 6.7%.
ASYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Amtech Systems, Inc. reported a net income of 1.17M and revenue of 20.47M, resulting in a net margin of 5.7%.
VREX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Varex Imaging Corporation reported a net income of -8.10M and revenue of 216.00M, resulting in a net margin of -3.8%.
Frequently Asked Questions
ASYS and VREX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASYS has higher volatility (22.89%) compared to VREX (8.81%). In terms of maximum drawdown, ASYS dropped -97.05% vs VREX's -84.16%.
ASYS currently has the higher Sharpe Ratio (2.61 vs 1.32), 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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