EME vs. LITE
EME (EMCOR Group, Inc.) and LITE (Lumentum Holdings Inc.) are both stocks. EME operates in Engineering & Construction (Industrials), while LITE operates in Communication Equipment (Technology). Over the past 10 years, EME returned 31.05%/yr vs 37.52%/yr for LITE. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
EME vs. LITE - Performance Comparison
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Returns By Period
In the year-to-date period, EME achieves a 30.55% return, which is significantly lower than LITE's 93.69% return. Over the past 10 years, EME has underperformed LITE with an annualized return of 31.05%, while LITE has yielded a comparatively higher 37.52% annualized return.
EME
- 1D
- -0.62%
- 1M
- -0.81%
- 6M
- 10.75%
- YTD
- 30.55%
- 1Y
- 27.33%
- 3Y*
- 55.31%
- 5Y*
- 46.08%
- 10Y*
- 31.05%
- ALL TIME*
- 21.21%
LITE
- 1D
- 2.99%
- 1M
- -10.89%
- 6M
- 82.20%
- YTD
- 93.69%
- 1Y
- 548.56%
- 3Y*
- 140.32%
- 5Y*
- 53.42%
- 10Y*
- 37.52%
- ALL TIME*
- 36.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $368.60M | $378.28M | $358.64M | |
| $3.39B | $3.22B | $4.79B |
EME vs. LITE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 30.55% | 35.05% | 111.27% | 46.03% | 16.81% | 39.93% | 6.47% | 45.18% | -26.68% | 16.09% |
LITE Lumentum Holdings Inc. | 93.69% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 88.76% | -14.09% | 26.52% |
Correlation
The correlation between EME and LITE is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.46 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.37 |
The correlation between EME and LITE shifts across timeframes, from 0.37 (all time) to 0.47 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
EME:
$35.44B
LITE:
$55.54B
EME:
$42.53
LITE:
$5.03
EME:
18.75
LITE:
141.90
EME:
1.45
LITE:
25.09
EME:
$18.60B
LITE:
$2.49B
EME:
$3.66B
LITE:
$938.50M
EME:
$2.18B
LITE:
$470.10M
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Return for Risk
EME vs. LITE — Risk / Return Rank
EME
LITE
EME vs. LITE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EMCOR Group, Inc. (EME) 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.
| EME | LITE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.33 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.50 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 12.93 | -11.97 |
| Martin ratioReturn relative to average drawdown | 2.30 | 44.86 | -42.56 |
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Drawdowns
EME vs. LITE - Drawdown Comparison
The maximum EME drawdown since its inception was -70.56%, which is greater than LITE's maximum drawdown of -66.89%. Use the drawdown chart below to compare losses from any high point for EME and LITE.
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Drawdown Indicators
| EME | LITE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -66.89% | -3.67% |
Max Drawdown (1Y)Largest decline over 1 year | -28.71% | -42.80% | +14.09% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -50.63% | +14.44% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -66.48% | +30.29% |
Max Drawdown (10Y)Largest decline over 10 years | -48.00% | -66.89% | +18.89% |
Current DrawdownCurrent decline from peak | -15.46% | -32.21% | +16.75% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -23.59% | +8.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.91% | 12.31% | -0.40% |
Volatility
EME vs. LITE - Volatility Comparison
The current volatility for EMCOR Group, Inc. (EME) is 21.02%, while Lumentum Holdings Inc. (LITE) has a volatility of 31.86%. This indicates that EME 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
| EME | LITE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.02% | 31.86% | -10.84% |
Volatility (6M)Calculated over the trailing 6-month period | 33.40% | 70.58% | -37.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.13% | 93.02% | -48.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.90% | 61.98% | -27.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.77% | 57.45% | -23.68% |
Dividends
EME vs. LITE - Dividend Comparison
EME's dividend yield for the trailing twelve months is around 0.18%, while LITE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 0.18% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
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
EME vs. LITE - Financials Comparison
This section allows you to compare key financial metrics between EMCOR Group, Inc. 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
EME vs. LITE - Profitability Comparison
EME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, EMCOR Group, Inc. reported a gross profit of 1.02B and revenue of 5.15B. Therefore, the gross margin over that period was 19.8%.
LITE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
EME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, EMCOR Group, Inc. reported an operating income of 547.34M and revenue of 5.15B, resulting in an operating margin of 10.6%.
LITE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Lumentum Holdings Inc. reported an operating income of 174.50M and revenue of 808.40M, resulting in an operating margin of 21.6%.
EME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, EMCOR Group, Inc. reported a net income of 403.69M and revenue of 5.15B, resulting in a net margin of 7.8%.
LITE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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
EME and LITE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LITE has higher volatility (31.86%) compared to EME (21.02%). In terms of maximum drawdown, EME dropped -70.56% vs LITE's -66.89%.
LITE currently has the higher Sharpe Ratio (5.95 vs 0.62), 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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