COOP vs. ONTO

Last updated Jun 13, 2026

COOP (Mr. Cooper Group Inc.) and ONTO (Onto Innovation Inc.) are both stocks. COOP operates in Mortgage Finance (Financial Services), while ONTO operates in Semiconductor Equipment & Materials (Technology). At a 0.22 correlation, their price movements are largely independent.

Performance

COOP vs. ONTO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mr. Cooper Group Inc. (COOP) and Onto Innovation Inc. (ONTO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COOP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ONTO

• 1D: 6.70%
• 1M: 16.94%
• YTD: 105.17%
• 6M: 107.14%
• 1Y: 223.88%
• 3Y*: 42.57%
• 5Y*: 33.99%
• 10Y*: 33.01%

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

COOP vs. ONTO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COOP Mr. Cooper Group Inc.	0.00%	121.64%	47.44%	62.27%	-3.56%	34.10%	148.04%	7.20%	14.53%	-45.22%
ONTO Onto Innovation Inc.	105.17%	-5.29%	9.01%	124.56%	-32.74%	112.89%	30.13%	33.70%	9.67%	-0.56%

Correlation

The correlation between COOP and ONTO is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Mar 28, 2012	0.22

Over the past year, the correlation between COOP and ONTO has dropped to 0.00 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.

Fundamentals

Market Cap COOP : $13.72B ONTO : $16.20B
EPS COOP : $8.76 ONTO : $2.15
PE Ratio COOP : 24.07 ONTO : 150.40
PEG Ratio COOP : 0.24 ONTO : 13.49
PS Ratio COOP : 6.00 ONTO : 15.53
PB Ratio COOP : 2.69 ONTO : 7.60
Total Revenue (TTM) COOP : $2.29B ONTO : $1.03B
Gross Profit (TTM) COOP : $1.68B ONTO : $502.93M
EBITDA (TTM) COOP : $852.00M ONTO : $177.93M

Return for Risk

COOP vs. ONTO — Risk / Return Rank

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

COOP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ONTO

ONTO Risk / Return Rank: 96
ONTO Sharpe Ratio Rank: 98
ONTO Sortino Ratio Rank: 95
ONTO Omega Ratio Rank: 93
ONTO Calmar Ratio Rank: 98
ONTO 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.

COOP vs. ONTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mr. Cooper Group Inc. (COOP) and Onto Innovation Inc. (ONTO). 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.

	COOP	ONTO	Difference
Sharpe ratio: Return per unit of total volatility	—	3.91	—
Sortino ratio: Return per unit of downside risk	—	3.76	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	11.14	—
Martin ratio: Return relative to average drawdown	—	30.28	—

Drawdowns

Drawdown Indicators

	COOP	ONTO	Difference
Max Drawdown Largest peak-to-trough decline	—	-98.56%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-20.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-62.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-62.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.82%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-54.69%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.45%	—

Volatility

Volatility by Period

	COOP	ONTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	44.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	57.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	55.75%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	51.41%	—

Dividends

COOP vs. ONTO - Dividend Comparison

Neither COOP nor ONTO has paid dividends to shareholders.

Position	TTM	2025
COOP Mr. Cooper Group Inc.	0.95%	0.95%
ONTO Onto Innovation Inc.	0.00%	0.00%

Financials

COOP vs. ONTO - Profitability Comparison

The chart below illustrates the profitability comparison between Mr. Cooper Group Inc. and Onto Innovation Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

COOP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mr. Cooper Group Inc. reported a gross profit of 417.00M and revenue of 608.00M. Therefore, the gross margin over that period was 68.6%.

ONTO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Onto Innovation Inc. reported a gross profit of 146.39M and revenue of 291.95M. Therefore, the gross margin over that period was 50.1%.

COOP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mr. Cooper Group Inc. reported an operating income of 293.00M and revenue of 608.00M, resulting in an operating margin of 48.2%.

ONTO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Onto Innovation Inc. reported an operating income of 33.51M and revenue of 291.95M, resulting in an operating margin of 11.5%.

COOP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mr. Cooper Group Inc. reported a net income of 198.00M and revenue of 608.00M, resulting in a net margin of 32.6%.

ONTO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Onto Innovation Inc. reported a net income of 33.75M and revenue of 291.95M, resulting in a net margin of 11.6%.

Frequently Asked Questions

Can I hold both COOP and ONTO in my portfolio?

COOP and ONTO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.