ESQ vs. AAOI
ESQ (Esquire Financial Holdings Inc) and AAOI (Applied Optoelectronics, Inc.) are both stocks. ESQ operates in Banks - Regional (Financial Services), while AAOI operates in Communication Equipment (Technology). Over the past 5 years, ESQ returned 37.63%/yr vs 82.93%/yr for AAOI. At a 0.16 correlation, their price movements are largely independent.
Performance
ESQ vs. AAOI - Performance Comparison
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Returns By Period
In the year-to-date period, ESQ achieves a 12.15% return, which is significantly lower than AAOI's 391.19% return.
ESQ
- 1D
- 0.45%
- 1M
- 2.92%
- YTD
- 12.15%
- 6M
- 7.57%
- 1Y
- 28.65%
- 3Y*
- 37.60%
- 5Y*
- 37.63%
- 10Y*
- —
AAOI
- 1D
- 5.80%
- 1M
- -5.65%
- YTD
- 391.19%
- 6M
- 337.98%
- 1Y
- 630.19%
- 3Y*
- 240.43%
- 5Y*
- 82.93%
- 10Y*
- 33.09%
ESQ vs. AAOI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ESQ Esquire Financial Holdings Inc | 12.15% | 29.37% | 60.89% | 16.72% | 38.33% | 64.15% | -26.39% | 20.14% | 9.93% | 24.15% |
AAOI Applied Optoelectronics, Inc. | 391.19% | -5.43% | 90.79% | 922.22% | -63.23% | -39.60% | -28.37% | -23.01% | -59.20% | -38.59% |
Correlation
The correlation between ESQ and AAOI is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2017 | 0.16 |
The correlation between ESQ and AAOI shifts across timeframes, from 0.05 (1 year) to 0.19 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ESQ:
$992.18M
AAOI:
$13.01B
ESQ:
$5.96
AAOI:
-$0.65
ESQ:
5.74
AAOI:
22.49
ESQ:
3.29
AAOI:
11.76
ESQ:
$172.32M
AAOI:
$507.00M
ESQ:
$147.99M
AAOI:
$150.29M
ESQ:
$71.96M
AAOI:
-$26.44M
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Return for Risk
ESQ vs. AAOI — Risk / Return Rank
ESQ
AAOI
ESQ vs. AAOI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Esquire Financial Holdings Inc (ESQ) and Applied Optoelectronics, Inc. (AAOI). 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.
| ESQ | AAOI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.44 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 13.35 | -11.49 |
| Martin ratioReturn relative to average drawdown | 4.58 | 36.26 | -31.68 |
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Drawdowns
ESQ vs. AAOI - Drawdown Comparison
The maximum ESQ drawdown since its inception was -56.52%, smaller than the maximum AAOI drawdown of -98.49%. Use the drawdown chart below to compare losses from any high point for ESQ and AAOI.
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Drawdown Indicators
| ESQ | AAOI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.52% | -98.49% | +41.97% |
Max Drawdown (1Y)Largest decline over 1 year | -15.42% | -47.64% | +32.22% |
Max Drawdown (3Y)Largest decline over 3 years | -20.68% | -77.17% | +56.49% |
Max Drawdown (5Y)Largest decline over 5 years | -24.78% | -83.07% | +58.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -98.49% | — |
Current DrawdownCurrent decline from peak | -2.06% | -23.25% | +21.19% |
Average DrawdownAverage peak-to-trough decline | -10.73% | -65.60% | +54.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.27% | 17.51% | -11.24% |
Volatility
ESQ vs. AAOI - Volatility Comparison
The current volatility for Esquire Financial Holdings Inc (ESQ) is 7.23%, while Applied Optoelectronics, Inc. (AAOI) has a volatility of 42.19%. This indicates that ESQ experiences smaller price fluctuations and is considered to be less risky than AAOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ESQ | AAOI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.23% | 42.19% | -34.96% |
Volatility (6M)Calculated over the trailing 6-month period | 24.64% | 109.89% | -85.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.80% | 138.13% | -106.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.21% | 119.66% | -88.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.54% | 98.48% | -57.94% |
Dividends
ESQ vs. AAOI - Dividend Comparison
ESQ's dividend yield for the trailing twelve months is around 0.66%, while AAOI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AAOI Applied Optoelectronics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ESQ Esquire Financial Holdings Inc | 0.66% | 0.69% | 0.75% | 0.95% | 0.65% |
Financials
ESQ vs. AAOI - Financials Comparison
This section allows you to compare key financial metrics between Esquire Financial Holdings Inc and Applied Optoelectronics, 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
ESQ vs. AAOI - Profitability Comparison
ESQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Esquire Financial Holdings Inc reported a gross profit of 40.46M and revenue of 45.49M. Therefore, the gross margin over that period was 88.9%.
AAOI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Optoelectronics, Inc. reported a gross profit of 43.92M and revenue of 151.14M. Therefore, the gross margin over that period was 29.1%.
ESQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Esquire Financial Holdings Inc reported an operating income of 17.10M and revenue of 45.49M, resulting in an operating margin of 37.6%.
AAOI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Optoelectronics, Inc. reported an operating income of -12.99M and revenue of 151.14M, resulting in an operating margin of -8.6%.
ESQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Esquire Financial Holdings Inc reported a net income of 12.21M and revenue of 45.49M, resulting in a net margin of 26.8%.
AAOI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Optoelectronics, Inc. reported a net income of -14.28M and revenue of 151.14M, resulting in a net margin of -9.5%.
Frequently Asked Questions
ESQ and AAOI have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAOI has higher volatility (42.19%) compared to ESQ (7.23%). In terms of maximum drawdown, ESQ dropped -56.52% vs AAOI's -98.49%.
AAOI currently has the higher Sharpe Ratio (4.61 vs 0.91), 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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