CNXC vs. LPTH
CNXC (Concentrix Corporation) and LPTH (LightPath Technologies, Inc.) are both stocks. Both are in the Technology sector — CNXC in Information Technology Services, LPTH in Electronic Components. Over the past 5 years, CNXC returned -27.31%/yr vs 39.08%/yr for LPTH. At a 0.11 correlation, their price movements are largely independent.
Performance
CNXC vs. LPTH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CNXC achieves a -32.63% return, which is significantly lower than LPTH's 39.26% return.
CNXC
- 1D
- -1.58%
- 1M
- 12.81%
- YTD
- -32.63%
- 6M
- -26.68%
- 1Y
- -49.86%
- 3Y*
- -29.25%
- 5Y*
- -27.31%
- 10Y*
- —
LPTH
- 1D
- 0.74%
- 1M
- 30.67%
- YTD
- 39.26%
- 6M
- 72.08%
- 1Y
- 403.01%
- 3Y*
- 117.34%
- 5Y*
- 39.08%
- 10Y*
- 23.05%
CNXC vs. LPTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | -32.63% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
LPTH LightPath Technologies, Inc. | 39.26% | 205.95% | 180.16% | 3.28% | -50.00% | -37.76% | 28.52% |
Correlation
The correlation between CNXC and LPTH is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2020 | 0.11 |
The correlation between CNXC and LPTH shifts across timeframes, from -0.02 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CNXC:
$1.68B
LPTH:
$881.78M
CNXC:
-$21.33
LPTH:
-$85.64K
CNXC:
0.17
LPTH:
0.00
CNXC:
0.60
LPTH:
0.00
CNXC:
$9.95B
LPTH:
$19.15T
CNXC:
$3.27B
LPTH:
$6.96T
CNXC:
-$944.68M
LPTH:
-$4.25T
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CNXC vs. LPTH — Risk / Return Rank
CNXC
LPTH
CNXC vs. LPTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Concentrix Corporation (CNXC) and LightPath Technologies, Inc. (LPTH). 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.
| CNXC | LPTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.35 | ||
| Sortino ratioReturn per unit of downside risk | -4.33 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.40 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 10.03 | -10.84 |
| Martin ratioReturn relative to average drawdown | -1.34 | 23.36 | -24.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CNXC | LPTH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.82 | 3.53 | -4.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.57 | 0.47 | -1.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.33 | 0.03 | -0.36 |
Drawdowns
CNXC vs. LPTH - Drawdown Comparison
The maximum CNXC drawdown since its inception was -87.86%, smaller than the maximum LPTH drawdown of -99.65%. Use the drawdown chart below to compare losses from any high point for CNXC and LPTH.
Loading charts...
Drawdown Indicators
| CNXC | LPTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.86% | -99.65% | +11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -61.71% | -40.52% | -21.19% |
Max Drawdown (3Y)Largest decline over 3 years | -76.50% | -61.08% | -15.42% |
Max Drawdown (5Y)Largest decline over 5 years | -87.86% | -64.66% | -23.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.28% | — |
Current DrawdownCurrent decline from peak | -85.48% | -76.97% | -8.51% |
Average DrawdownAverage peak-to-trough decline | -47.65% | -86.32% | +38.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.32% | 17.35% | +19.97% |
Volatility
CNXC vs. LPTH - Volatility Comparison
The current volatility for Concentrix Corporation (CNXC) is 15.12%, while LightPath Technologies, Inc. (LPTH) has a volatility of 36.09%. This indicates that CNXC experiences smaller price fluctuations and is considered to be less risky than LPTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CNXC | LPTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.12% | 36.09% | -20.97% |
Volatility (6M)Calculated over the trailing 6-month period | 51.98% | 82.62% | -30.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.40% | 115.16% | -53.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.26% | 83.00% | -34.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.78% | 79.47% | -29.69% |
Dividends
CNXC vs. LPTH - Dividend Comparison
CNXC's dividend yield for the trailing twelve months is around 5.16%, while LPTH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 5.16% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% |
LPTH LightPath Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CNXC vs. LPTH - Financials Comparison
This section allows you to compare key financial metrics between Concentrix Corporation and LightPath Technologies, 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
CNXC vs. LPTH - Profitability Comparison
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
LPTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a gross profit of 6.96T and revenue of 19.15T. Therefore, the gross margin over that period was 36.3%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
LPTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported an operating income of -4.25T and revenue of 19.15T, resulting in an operating margin of -22.2%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
LPTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a net income of -4.11T and revenue of 19.15T, resulting in a net margin of -21.4%.
Frequently Asked Questions
CNXC and LPTH have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (36.09%) compared to CNXC (15.12%). In terms of maximum drawdown, CNXC dropped -87.86% vs LPTH's -99.65%.
LPTH currently has the higher Sharpe Ratio (3.53 vs -0.82), 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.
Find the right allocation for CNXC and LPTH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer