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DIOD vs. ON
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DIOD and ON is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

DIOD vs. ON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Diodes Incorporated (DIOD) and ON Semiconductor Corporation (ON). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

DIOD:

-0.74

ON:

-0.72

Sortino Ratio

DIOD:

-0.96

ON:

-0.97

Omega Ratio

DIOD:

0.89

ON:

0.89

Calmar Ratio

DIOD:

-0.57

ON:

-0.61

Martin Ratio

DIOD:

-1.20

ON:

-1.52

Ulcer Index

DIOD:

33.32%

ON:

28.34%

Daily Std Dev

DIOD:

52.78%

ON:

57.95%

Max Drawdown

DIOD:

-90.09%

ON:

-96.36%

Current Drawdown

DIOD:

-60.51%

ON:

-61.12%

Fundamentals

Market Cap

DIOD:

$2.06B

ON:

$17.56B

EPS

DIOD:

$0.55

ON:

$1.44

PE Ratio

DIOD:

80.73

ON:

29.18

PEG Ratio

DIOD:

0.88

ON:

1.81

PS Ratio

DIOD:

1.54

ON:

2.63

PB Ratio

DIOD:

1.14

ON:

2.19

Total Revenue (TTM)

DIOD:

$1.34B

ON:

$6.67B

Gross Profit (TTM)

DIOD:

$437.12M

ON:

$2.64B

EBITDA (TTM)

DIOD:

$179.80M

ON:

$1.30B

Returns By Period

In the year-to-date period, DIOD achieves a -28.00% return, which is significantly higher than ON's -33.35% return. Over the past 10 years, DIOD has underperformed ON with an annualized return of 5.49%, while ON has yielded a comparatively higher 12.47% annualized return.


DIOD

YTD

-28.00%

1M

13.29%

6M

-31.69%

1Y

-40.11%

3Y*

-16.77%

5Y*

-1.81%

10Y*

5.49%

ON

YTD

-33.35%

1M

6.11%

6M

-40.92%

1Y

-42.47%

3Y*

-11.53%

5Y*

20.57%

10Y*

12.47%

*Annualized

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Diodes Incorporated

ON Semiconductor Corporation

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

DIOD vs. ON — Risk-Adjusted Performance Rank

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

DIOD
The Risk-Adjusted Performance Rank of DIOD is 1414
Overall Rank
The Sharpe Ratio Rank of DIOD is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of DIOD is 1313
Sortino Ratio Rank
The Omega Ratio Rank of DIOD is 1414
Omega Ratio Rank
The Calmar Ratio Rank of DIOD is 1414
Calmar Ratio Rank
The Martin Ratio Rank of DIOD is 1818
Martin Ratio Rank

ON
The Risk-Adjusted Performance Rank of ON is 1111
Overall Rank
The Sharpe Ratio Rank of ON is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of ON is 1212
Sortino Ratio Rank
The Omega Ratio Rank of ON is 1414
Omega Ratio Rank
The Calmar Ratio Rank of ON is 1212
Calmar Ratio Rank
The Martin Ratio Rank of ON is 55
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

DIOD vs. ON - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Diodes Incorporated (DIOD) and ON Semiconductor Corporation (ON). 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.


The current DIOD Sharpe Ratio is -0.74, which is comparable to the ON Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of DIOD and ON, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

DIOD vs. ON - Dividend Comparison

Neither DIOD nor ON has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

DIOD vs. ON - Drawdown Comparison

The maximum DIOD drawdown since its inception was -90.09%, smaller than the maximum ON drawdown of -96.36%. Use the drawdown chart below to compare losses from any high point for DIOD and ON.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

DIOD vs. ON - Volatility Comparison

Diodes Incorporated (DIOD) and ON Semiconductor Corporation (ON) have volatilities of 16.22% and 16.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

DIOD vs. ON - Financials Comparison

This section allows you to compare key financial metrics between Diodes Incorporated and ON Semiconductor Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


500.00M1.00B1.50B2.00B20212022202320242025
332.11M
1.45B
(DIOD) Total Revenue
(ON) Total Revenue
Values in USD except per share items

DIOD vs. ON - Profitability Comparison

The chart below illustrates the profitability comparison between Diodes Incorporated and ON Semiconductor Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%25.0%30.0%35.0%40.0%45.0%50.0%20212022202320242025
31.5%
20.3%
(DIOD) Gross Margin
(ON) Gross Margin
DIOD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Diodes Incorporated reported a gross profit of 104.69M and revenue of 332.11M. Therefore, the gross margin over that period was 31.5%.

ON - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, ON Semiconductor Corporation reported a gross profit of 293.80M and revenue of 1.45B. Therefore, the gross margin over that period was 20.3%.

DIOD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Diodes Incorporated reported an operating income of 1.30M and revenue of 332.11M, resulting in an operating margin of 0.4%.

ON - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, ON Semiconductor Corporation reported an operating income of -573.70M and revenue of 1.45B, resulting in an operating margin of -39.7%.

DIOD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Diodes Incorporated reported a net income of -4.44M and revenue of 332.11M, resulting in a net margin of -1.3%.

ON - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, ON Semiconductor Corporation reported a net income of -486.10M and revenue of 1.45B, resulting in a net margin of -33.6%.