BELFB vs. NEON

Last updated Jun 4, 2026

BELFB (Bel Fuse Inc.) and NEON (Neonode Inc.) are both stocks. Both operate in the Electronic Components industry within the Technology sector. Over the past 10 years, BELFB returned 33.14%/yr vs -20.16%/yr for NEON. At a 0.12 correlation, their price movements are largely independent.

Performance

BELFB vs. NEON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bel Fuse Inc. (BELFB) and Neonode Inc. (NEON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BELFB achieves a 65.23% return, which is significantly higher than NEON's 4.60% return. Over the past 10 years, BELFB has outperformed NEON with an annualized return of 33.14%, while NEON has yielded a comparatively lower -20.16% annualized return.

BELFB

• 1D: 4.04%
• 1M: -2.30%
• YTD: 65.23%
• 6M: 75.46%
• 1Y: 283.18%
• 3Y*: 75.24%
• 5Y*: 81.90%
• 10Y*: 33.14%

NEON

• 1D: 10.98%
• 1M: 9.64%
• YTD: 4.60%
• 6M: -21.89%
• 1Y: -82.42%
• 3Y*: -39.91%
• 5Y*: -21.46%
• 10Y*: -20.16%

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

BELFB vs. NEON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BELFB Bel Fuse Inc.	65.23%	106.32%	24.03%	104.19%	158.73%	-12.33%	-24.84%	13.09%	-25.89%	-17.68%
NEON Neonode Inc.	4.60%	-78.86%	259.39%	-58.36%	-37.85%	31.11%	247.94%	16.87%	-77.66%	-59.61%

Correlation

The correlation between BELFB and NEON is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.13
Correlation (All Time) Calculated using the full available price history since Aug 14, 2007	0.12

Fundamentals

Market Cap BELFB : $592.39M NEON : $30.55M
EPS BELFB : $7.60 NEON : $0.50
PE Ratio BELFB : 36.84 NEON : 3.65
PEG Ratio BELFB : 0.89 NEON : 0.01
PS Ratio BELFB : 2.89 NEON : 14.12
PB Ratio BELFB : 0.62 NEON : 1.34
Total Revenue (TTM) BELFB : $701.71M NEON : $2.16M
Gross Profit (TTM) BELFB : $275.20M NEON : $1.81M
EBITDA (TTM) BELFB : $135.78M NEON : $7.89M

Return for Risk

BELFB vs. NEON — Risk / Return Rank

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

BELFB

BELFB Risk / Return Rank: 98
BELFB Sharpe Ratio Rank: 99
BELFB Sortino Ratio Rank: 97
BELFB Omega Ratio Rank: 97
BELFB Calmar Ratio Rank: 99
BELFB Martin Ratio Rank: 99

NEON

NEON Risk / Return Rank: 13
NEON Sharpe Ratio Rank: 13
NEON Sortino Ratio Rank: 13
NEON Omega Ratio Rank: 10
NEON Calmar Ratio Rank: 8
NEON Martin Ratio Rank: 20

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.

BELFB vs. NEON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bel Fuse Inc. (BELFB) and Neonode Inc. (NEON). 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.

	BELFB	NEON	Difference
Sharpe ratio Return per unit of total volatility	5.94	-0.67	+6.61
Sortino ratio Return per unit of downside risk	4.80	-0.85	+5.64
Omega ratio Gain probability vs. loss probability	1.67	0.86	+0.81
Calmar ratio Return relative to maximum drawdown	14.60	-0.86	+15.46
Martin ratio Return relative to average drawdown	43.30	-1.03	+44.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BELFB vs. NEON - Sharpe Ratio Comparison

The current BELFB Sharpe Ratio is 5.94, which is higher than the NEON Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of BELFB and NEON, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BELFB	NEON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.94	-0.67	+6.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.60	-0.20	+1.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	-0.20	+0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	-0.22	+0.47

Drawdowns

BELFB vs. NEON - Drawdown Comparison

The maximum BELFB drawdown since its inception was -81.89%, smaller than the maximum NEON drawdown of -99.93%. Use the drawdown chart below to compare losses from any high point for BELFB and NEON.

Drawdown Indicators

	BELFB	NEON	Difference
Max Drawdown Largest peak-to-trough decline	-81.89%	-99.93%	+18.04%
Max Drawdown (1Y) Largest decline over 1 year	-19.54%	-95.67%	+76.13%
Max Drawdown (3Y) Largest decline over 3 years	-36.49%	-95.67%	+59.18%
Max Drawdown (5Y) Largest decline over 5 years	-36.49%	-95.67%	+59.18%
Max Drawdown (10Y) Largest decline over 10 years	-79.79%	-95.67%	+15.88%
Current Drawdown Current decline from peak	-7.48%	-99.89%	+92.41%
Average Drawdown Average peak-to-trough decline	-36.89%	-96.77%	+59.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.57%	80.08%	-73.51%

Volatility

BELFB vs. NEON - Volatility Comparison

The current volatility for Bel Fuse Inc. (BELFB) is 16.00%, while Neonode Inc. (NEON) has a volatility of 25.36%. This indicates that BELFB experiences smaller price fluctuations and is considered to be less risky than NEON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BELFB	NEON	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.00%	25.36%	-9.36%
Volatility (6M) Calculated over the trailing 6-month period	35.22%	43.84%	-8.62%
Volatility (1Y) Calculated over the trailing 1-year period	48.03%	123.49%	-75.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.48%	107.66%	-56.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.32%	98.89%	-40.57%

Dividends

BELFB vs. NEON - Dividend Comparison

BELFB's dividend yield for the trailing twelve months is around 0.10%, while NEON has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BELFB Bel Fuse Inc.	0.10%	0.17%	0.34%	0.42%	0.85%	2.17%	1.86%	1.37%	1.52%	1.11%	0.91%	1.62%
NEON Neonode 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%

Financials

Frequently Asked Questions

Can I hold both BELFB and NEON in my portfolio?

BELFB and NEON have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BELFB or NEON?

NEON has higher volatility (25.36%) compared to BELFB (16.00%). In terms of maximum drawdown, BELFB dropped -81.89% vs NEON's -99.93%.

Which has better risk-adjusted returns?

BELFB currently has the higher Sharpe Ratio (5.94 vs -0.67), 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.