CSW vs. ONTO

Last updated Jun 9, 2026

CSW (CSW Industrials Inc) and ONTO (Onto Innovation Inc.) are both stocks. CSW operates in Specialty Industrial Machinery (Industrials), while ONTO operates in Semiconductor Equipment & Materials (Technology). At a 0.35 correlation, their price movements are largely independent.

Performance

CSW vs. ONTO - Performance Comparison

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

Returns By Period

In the year-to-date period, CSW achieves a -8.76% return, which is significantly lower than ONTO's 70.40% return.

CSW

• 1D: 0.35%
• 1M: -1.56%
• YTD: -8.76%
• 6M: -9.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ONTO

• 1D: 6.22%
• 1M: -5.51%
• YTD: 70.40%
• 6M: 67.58%
• 1Y: 179.91%
• 3Y*: 34.68%
• 5Y*: 29.93%
• 10Y*: 30.54%

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

CSW vs. ONTO - Yearly Performance Comparison

	2026 (YTD)	2025
CSW CSW Industrials Inc	-8.76%	-2.93%
ONTO Onto Innovation Inc.	70.40%	58.72%

Correlation

The correlation between CSW and ONTO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 10, 2025	0.35

Fundamentals

Market Cap CSW : $4.47B ONTO : $13.45B
EPS CSW : $6.68 ONTO : $2.15
PE Ratio CSW : 39.99 ONTO : 124.91
PEG Ratio CSW : 2.60 ONTO : 11.20
PS Ratio CSW : 4.14 ONTO : 12.90
PB Ratio CSW : 4.25 ONTO : 6.31
Total Revenue (TTM) CSW : $1.08B ONTO : $1.03B
Gross Profit (TTM) CSW : $453.68M ONTO : $502.93M
EBITDA (TTM) CSW : $211.08M ONTO : $177.93M

Return for Risk

CSW vs. ONTO — Risk / Return Rank

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

ONTO

ONTO Risk / Return Rank: 94
ONTO Sharpe Ratio Rank: 96
ONTO Sortino Ratio Rank: 92
ONTO Omega Ratio Rank: 90
ONTO Calmar Ratio Rank: 97
ONTO Martin Ratio Rank: 97

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.

CSW vs. ONTO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CSW Industrials Inc (CSW) 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.

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

Sharpe Ratios by Period

	CSW	ONTO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.29	0.21	-0.50

Drawdowns

CSW vs. ONTO - Drawdown Comparison

The maximum CSW drawdown since its inception was -25.35%, smaller than the maximum ONTO drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for CSW and ONTO.

Drawdown Indicators

	CSW	ONTO	Difference
Max Drawdown Largest peak-to-trough decline	-25.35%	-98.56%	+73.21%
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	-20.10%	-12.63%	-7.47%
Average Drawdown Average peak-to-trough decline	-13.84%	-54.72%	+40.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.40%	—

Volatility

Volatility by Period

	CSW	ONTO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	42.21%	—
Volatility (1Y) Calculated over the trailing 1-year period	40.13%	56.16%	-16.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.13%	55.41%	-15.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.13%	51.23%	-11.10%

Dividends

CSW vs. ONTO - Dividend Comparison

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

Position	TTM	2025
CSW CSW Industrials Inc	0.42%	0.18%
ONTO Onto Innovation Inc.	0.00%	0.00%

Financials

CSW vs. ONTO - Profitability Comparison

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

CSW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CSW Industrials Inc reported a gross profit of 126.61M and revenue of 308.96M. Therefore, the gross margin over that period was 41.0%.

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%.

CSW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CSW Industrials Inc reported an operating income of 37.44M and revenue of 308.96M, resulting in an operating margin of 12.1%.

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%.

CSW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CSW Industrials Inc reported a net income of 20.20M and revenue of 308.96M, resulting in a net margin of 6.5%.

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 CSW and ONTO in my portfolio?

CSW and ONTO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.