ATMU vs. LASR

Last updated Jun 23, 2026

ATMU (Atmus Filtration Technologies Inc.) and LASR (nLIGHT, Inc.) are both stocks. ATMU operates in Pollution & Treatment Controls (Industrials), while LASR operates in Semiconductors (Technology). Over the past 3 years, ATMU returned 33.71%/yr vs 62.77%/yr for LASR. At a 0.36 correlation, their price movements are largely independent.

Performance

ATMU vs. LASR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atmus Filtration Technologies Inc. (ATMU) and nLIGHT, Inc. (LASR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATMU achieves a 0.60% return, which is significantly lower than LASR's 73.82% return.

ATMU

• 1D: 0.64%
• 1M: 6.86%
• YTD: 0.60%
• 6M: -3.20%
• 1Y: 49.39%
• 3Y*: 33.71%
• 5Y*: —
• 10Y*: —

LASR

• 1D: 0.73%
• 1M: -16.99%
• YTD: 73.82%
• 6M: 70.50%
• 1Y: 274.71%
• 3Y*: 62.77%
• 5Y*: 15.13%
• 10Y*: —

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

ATMU vs. LASR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ATMU Atmus Filtration Technologies Inc.	0.60%	33.16%	67.28%	8.40%
LASR nLIGHT, Inc.	73.82%	257.58%	-22.30%	-0.22%

Correlation

The correlation between ATMU and LASR is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since May 26, 2023	0.36

Fundamentals

Market Cap ATMU : $4.27B LASR : $3.91B
EPS ATMU : $2.56 LASR : -$0.28
PS Ratio ATMU : 3.19 LASR : 11.82
PB Ratio ATMU : 10.59 LASR : 9.11
Total Revenue (TTM) ATMU : $1.35B LASR : $289.84M
Gross Profit (TTM) ATMU : $529.00M LASR : $90.68M
EBITDA (TTM) ATMU : $334.60M LASR : -$3.27M

Return for Risk

ATMU vs. LASR — Risk / Return Rank

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

ATMU

ATMU Risk / Return Rank: 75
ATMU Sharpe Ratio Rank: 80
ATMU Sortino Ratio Rank: 73
ATMU Omega Ratio Rank: 76
ATMU Calmar Ratio Rank: 72
ATMU Martin Ratio Rank: 76

LASR

LASR Risk / Return Rank: 95
LASR Sharpe Ratio Rank: 97
LASR Sortino Ratio Rank: 92
LASR Omega Ratio Rank: 91
LASR Calmar Ratio Rank: 98
LASR Martin Ratio Rank: 98

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.

ATMU vs. LASR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atmus Filtration Technologies Inc. (ATMU) and nLIGHT, Inc. (LASR). 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.

	ATMU	LASR	Difference
Sharpe ratio: Return per unit of total volatility	1.37	3.53	-2.17
Sortino ratio: Return per unit of downside risk	1.79	3.45	-1.66
Omega ratio: Gain probability vs. loss probability	1.26	1.44	-0.18
Calmar ratio: Return relative to maximum drawdown	1.64	10.56	-8.92
Martin ratio: Return relative to average drawdown	5.01	32.80	-27.79

ATMU vs. LASR - Sharpe Ratio Comparison

The current ATMU Sharpe Ratio is 1.37, which is lower than the LASR Sharpe Ratio of 3.53. The chart below compares the historical Sharpe Ratios of ATMU and LASR, 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

ATMU vs. LASR - Drawdown Comparison

The maximum ATMU drawdown since its inception was -30.22%, smaller than the maximum LASR drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for ATMU and LASR.

Drawdown Indicators

	ATMU	LASR	Difference
Max Drawdown Largest peak-to-trough decline	-30.22%	-85.66%	+55.44%
Max Drawdown (1Y) Largest decline over 1 year	-30.22%	-26.19%	-4.03%
Max Drawdown (3Y) Largest decline over 3 years	-30.22%	-58.69%	+28.47%
Max Drawdown (5Y) Largest decline over 5 years	—	-82.47%	—
Current Drawdown Current decline from peak	-20.42%	-23.25%	+2.83%
Average Drawdown Average peak-to-trough decline	-8.75%	-52.58%	+43.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.88%	8.42%	+1.46%

Volatility

ATMU vs. LASR - Volatility Comparison

The current volatility for Atmus Filtration Technologies Inc. (ATMU) is 10.54%, while nLIGHT, Inc. (LASR) has a volatility of 24.28%. This indicates that ATMU experiences smaller price fluctuations and is considered to be less risky than LASR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ATMU	LASR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.54%	24.28%	-13.74%
Volatility (6M) Calculated over the trailing 6-month period	30.93%	60.96%	-30.03%
Volatility (1Y) Calculated over the trailing 1-year period	36.35%	78.44%	-42.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.43%	65.38%	-30.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.43%	66.61%	-32.18%

Dividends

ATMU vs. LASR - Dividend Comparison

ATMU's dividend yield for the trailing twelve months is around 0.42%, while LASR has not paid dividends to shareholders.

Position	TTM	2025	2024
ATMU Atmus Filtration Technologies Inc.	0.42%	0.40%	0.26%
LASR nLIGHT, Inc.	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ATMU and LASR in my portfolio?

ATMU and LASR have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ATMU or LASR?

LASR has higher volatility (24.28%) compared to ATMU (10.54%). In terms of maximum drawdown, ATMU dropped -30.22% vs LASR's -85.66%.

Which has better risk-adjusted returns?

LASR currently has the higher Sharpe Ratio (3.53 vs 1.37), 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.