COF vs. LITE
COF (Capital One Financial Corporation) and LITE (Lumentum Holdings Inc.) are both stocks. COF operates in Credit Services (Financial Services), while LITE operates in Communication Equipment (Technology). Over the past 10 years, COF returned 11.46%/yr vs 43.96%/yr for LITE. At a 0.29 correlation, their price movements are largely independent.
Performance
COF vs. LITE - Performance Comparison
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Returns By Period
In the year-to-date period, COF achieves a -26.12% return, which is significantly lower than LITE's 154.48% return. Over the past 10 years, COF has underperformed LITE with an annualized return of 11.46%, while LITE has yielded a comparatively higher 43.96% annualized return.
COF
- 1D
- -3.38%
- 1M
- -6.07%
- YTD
- -26.12%
- 6M
- -21.20%
- 1Y
- -7.87%
- 3Y*
- 19.04%
- 5Y*
- 3.21%
- 10Y*
- 11.46%
LITE
- 1D
- -8.86%
- 1M
- -3.91%
- YTD
- 154.48%
- 6M
- 209.59%
- 1Y
- 1,107.98%
- 3Y*
- 160.60%
- 5Y*
- 62.83%
- 10Y*
- 43.96%
COF vs. LITE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COF Capital One Financial Corporation | -26.12% | 37.65% | 38.24% | 44.32% | -34.59% | 49.32% | -2.66% | 38.62% | -22.77% | 16.30% |
LITE Lumentum Holdings Inc. | 154.48% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 88.76% | -14.09% | 26.52% |
Correlation
The correlation between COF and LITE 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 | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2015 | 0.29 |
Over the past year, the correlation between COF and LITE has dropped to 0.02 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
COF:
$110.73B
LITE:
$90.24B
COF:
$5.37
LITE:
$5.26
COF:
33.07
LITE:
178.21
COF:
1.42
LITE:
31.50
COF:
0.99
LITE:
30.35
COF:
$75.16B
LITE:
$2.49B
COF:
$36.31B
LITE:
$938.50M
COF:
$7.70B
LITE:
$470.10M
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Return for Risk
COF vs. LITE — Risk / Return Rank
COF
LITE
COF vs. LITE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital One Financial Corporation (COF) and Lumentum Holdings Inc. (LITE). 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.
| COF | LITE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -13.39 | ||
| Sortino ratioReturn per unit of downside risk | -5.93 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.77 | -0.79 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | 39.02 | -39.27 |
| Martin ratioReturn relative to average drawdown | -0.52 | 152.77 | -153.29 |
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
| COF | LITE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | 13.13 | -13.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 1.06 | -0.97 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.78 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.76 | -0.47 |
Drawdowns
COF vs. LITE - Drawdown Comparison
The maximum COF drawdown since its inception was -90.17%, which is greater than LITE's maximum drawdown of -66.89%. Use the drawdown chart below to compare losses from any high point for COF and LITE.
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Drawdown Indicators
| COF | LITE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.17% | -66.89% | -23.28% |
Max Drawdown (1Y)Largest decline over 1 year | -31.47% | -28.70% | -2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -31.47% | -50.63% | +19.16% |
Max Drawdown (5Y)Largest decline over 5 years | -50.38% | -66.48% | +16.10% |
Max Drawdown (10Y)Largest decline over 10 years | -60.25% | -66.89% | +6.64% |
Current DrawdownCurrent decline from peak | -30.58% | -10.93% | -19.65% |
Average DrawdownAverage peak-to-trough decline | -21.49% | -23.17% | +1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.25% | 7.32% | +7.93% |
Volatility
COF vs. LITE - Volatility Comparison
The current volatility for Capital One Financial Corporation (COF) is 7.49%, while Lumentum Holdings Inc. (LITE) has a volatility of 30.62%. This indicates that COF experiences smaller price fluctuations and is considered to be less risky than LITE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COF | LITE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.49% | 30.62% | -23.13% |
Volatility (6M)Calculated over the trailing 6-month period | 24.55% | 68.91% | -44.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.83% | 85.30% | -54.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.32% | 59.65% | -24.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.25% | 56.46% | -19.21% |
Dividends
COF vs. LITE - Dividend Comparison
COF's dividend yield for the trailing twelve months is around 1.69%, while LITE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COF Capital One Financial Corporation | 1.69% | 1.07% | 1.35% | 1.83% | 2.58% | 1.79% | 1.01% | 1.55% | 2.12% | 1.61% | 1.83% | 2.08% |
LITE Lumentum Holdings 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
COF vs. LITE - Financials Comparison
This section allows you to compare key financial metrics between Capital One Financial Corporation and Lumentum Holdings 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
COF vs. LITE - Profitability Comparison
COF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Capital One Financial Corporation reported a gross profit of 11.16B and revenue of 19.32B. Therefore, the gross margin over that period was 57.8%.
LITE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported a gross profit of 357.00M and revenue of 808.40M. Therefore, the gross margin over that period was 44.2%.
COF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Capital One Financial Corporation reported an operating income of 2.70B and revenue of 19.32B, resulting in an operating margin of 14.0%.
LITE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported an operating income of 174.50M and revenue of 808.40M, resulting in an operating margin of 21.6%.
COF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Capital One Financial Corporation reported a net income of 2.17B and revenue of 19.32B, resulting in a net margin of 11.3%.
LITE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported a net income of 144.20M and revenue of 808.40M, resulting in a net margin of 17.8%.
Frequently Asked Questions
COF and LITE 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.
LITE has higher volatility (30.62%) compared to COF (7.49%). In terms of maximum drawdown, COF dropped -90.17% vs LITE's -66.89%.
LITE currently has the higher Sharpe Ratio (13.13 vs -0.26), 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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