ECHO vs. LITE

Last updated Jul 1, 2026

ECHO (EchoStar Corporation) and LITE (Lumentum Holdings Inc.) are both stocks. ECHO operates in Telecom Services (Communication Services), while LITE operates in Communication Equipment (Technology). At a 0.09 correlation, their price movements are largely independent.

Performance

ECHO vs. LITE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EchoStar Corporation (ECHO) and Lumentum Holdings Inc. (LITE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ECHO

• 1D: 0.65%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITE

• 1D: 0.78%
• 1M: 0.36%
• YTD: 132.80%
• 6M: 131.17%
• 1Y: 802.65%
• 3Y*: 147.31%
• 5Y*: 59.17%
• 10Y*: 43.21%

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

ECHO vs. LITE - Yearly Performance Comparison

	2026 (YTD)
ECHO EchoStar Corporation	-1.85%
LITE Lumentum Holdings Inc.	-4.01%

Correlation

The correlation between ECHO and LITE is 0.09, 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 (All Time) Calculated using the full available price history since Jun 23, 2026	0.09

Return for Risk

ECHO vs. LITE — Risk / Return Rank

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

ECHO

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

LITE

LITE Risk / Return Rank: 99
LITE Sharpe Ratio Rank: 100
LITE Sortino Ratio Rank: 98
LITE Omega Ratio Rank: 97
LITE Calmar Ratio Rank: 100
LITE Martin Ratio Rank: 100

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.

ECHO vs. LITE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EchoStar Corporation (ECHO) 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.

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.

	ECHO	LITE	Difference
Sharpe ratio: Return per unit of total volatility	—	9.25	—
Sortino ratio: Return per unit of downside risk	—	4.95	—
Omega ratio: Gain probability vs. loss probability	—	1.64	—
Calmar ratio: Return relative to maximum drawdown	—	28.24	—
Martin ratio: Return relative to average drawdown	—	93.32	—

Drawdowns

ECHO vs. LITE - Drawdown Comparison

The maximum ECHO drawdown since its inception was -6.48%, smaller than the maximum LITE drawdown of -66.89%. Use the drawdown chart below to compare losses from any high point for ECHO and LITE.

Drawdown Indicators

	ECHO	LITE	Difference
Max Drawdown Largest peak-to-trough decline	-6.48%	-66.89%	+60.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.70%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.63%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-66.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.89%	—
Current Drawdown Current decline from peak	-2.33%	-18.52%	+16.19%
Average Drawdown Average peak-to-trough decline	-3.67%	-23.55%	+19.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.69%	—

Volatility

Volatility by Period

	ECHO	LITE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	27.78%	—
Volatility (6M) Calculated over the trailing 6-month period	—	68.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.51%	87.64%	-45.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.51%	60.34%	-17.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.51%	56.72%	-14.21%

Dividends

ECHO vs. LITE - Dividend Comparison

Neither ECHO nor LITE has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ECHO and LITE in my portfolio?

ECHO and LITE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.