ETON vs. MPWR
ETON (Eton Pharmaceuticals Inc) and MPWR (Monolithic Power Systems, Inc.) are both stocks. ETON operates in Drug Manufacturers - Specialty & Generic (Healthcare), while MPWR operates in Semiconductors (Technology). Over the past 5 years, ETON returned 36.00%/yr vs 36.35%/yr for MPWR. At a 0.18 correlation, their price movements are largely independent.
Performance
ETON vs. MPWR - Performance Comparison
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Returns By Period
In the year-to-date period, ETON achieves a 86.81% return, which is significantly higher than MPWR's 74.38% return.
ETON
- 1D
- -1.62%
- 1M
- 2.50%
- YTD
- 86.81%
- 6M
- 89.16%
- 1Y
- 117.71%
- 3Y*
- 102.22%
- 5Y*
- 36.00%
- 10Y*
- —
MPWR
- 1D
- -0.77%
- 1M
- -4.43%
- YTD
- 74.38%
- 6M
- 67.26%
- 1Y
- 121.18%
- 3Y*
- 44.43%
- 5Y*
- 36.35%
- 10Y*
- 37.94%
ETON vs. MPWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ETON Eton Pharmaceuticals Inc | 86.81% | 26.95% | 204.11% | 55.32% | -34.27% | -47.23% | 12.92% | 17.65% | -4.23% |
MPWR Monolithic Power Systems, Inc. | 74.38% | 54.45% | -5.55% | 79.78% | -27.78% | 35.49% | 107.49% | 54.80% | -2.32% |
Correlation
The correlation between ETON and MPWR is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2018 | 0.18 |
The correlation between ETON and MPWR shifts across timeframes, from 0.04 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ETON:
$996.57M
MPWR:
$77.67B
ETON:
-$0.05
MPWR:
$13.89
ETON:
10.20
MPWR:
25.93
ETON:
32.55
MPWR:
21.12
ETON:
$86.93M
MPWR:
$2.96B
ETON:
$47.61M
MPWR:
$1.63B
ETON:
$5.70M
MPWR:
$861.78M
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Return for Risk
ETON vs. MPWR — Risk / Return Rank
ETON
MPWR
ETON vs. MPWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eton Pharmaceuticals Inc (ETON) and Monolithic Power Systems, Inc. (MPWR). 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.
| ETON | MPWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 5.43 | -2.16 |
| Martin ratioReturn relative to average drawdown | 6.73 | 14.45 | -7.72 |
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Drawdowns
ETON vs. MPWR - Drawdown Comparison
The maximum ETON drawdown since its inception was -79.94%, which is greater than MPWR's maximum drawdown of -72.27%. Use the drawdown chart below to compare losses from any high point for ETON and MPWR.
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Drawdown Indicators
| ETON | MPWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.94% | -72.27% | -7.67% |
Max Drawdown (1Y)Largest decline over 1 year | -36.17% | -22.45% | -13.72% |
Max Drawdown (3Y)Largest decline over 3 years | -45.65% | -51.65% | +6.00% |
Max Drawdown (5Y)Largest decline over 5 years | -70.42% | -51.65% | -18.77% |
Max Drawdown (10Y)Largest decline over 10 years | — | -51.65% | — |
Current DrawdownCurrent decline from peak | -9.74% | -6.66% | -3.08% |
Average DrawdownAverage peak-to-trough decline | -37.58% | -17.71% | -19.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.56% | 8.44% | +9.12% |
Volatility
ETON vs. MPWR - Volatility Comparison
The current volatility for Eton Pharmaceuticals Inc (ETON) is 17.63%, while Monolithic Power Systems, Inc. (MPWR) has a volatility of 20.33%. This indicates that ETON experiences smaller price fluctuations and is considered to be less risky than MPWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ETON | MPWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.63% | 20.33% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 40.49% | 37.42% | +3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.85% | 48.53% | +6.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.41% | 53.53% | +9.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.87% | 47.23% | +16.64% |
Dividends
ETON vs. MPWR - Dividend Comparison
ETON has not paid dividends to shareholders, while MPWR's dividend yield for the trailing twelve months is around 0.42%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETON Eton Pharmaceuticals 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% |
MPWR Monolithic Power Systems, Inc. | 0.42% | 0.69% | 0.85% | 0.63% | 0.85% | 0.49% | 0.55% | 0.90% | 1.03% | 0.71% | 0.98% | 1.26% |
Financials
ETON vs. MPWR - Financials Comparison
This section allows you to compare key financial metrics between Eton Pharmaceuticals Inc and Monolithic Power Systems, 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
ETON vs. MPWR - Profitability Comparison
ETON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eton Pharmaceuticals Inc reported a gross profit of 14.74M and revenue of 24.27M. Therefore, the gross margin over that period was 60.7%.
MPWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a gross profit of 445.07M and revenue of 804.19M. Therefore, the gross margin over that period was 55.3%.
ETON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eton Pharmaceuticals Inc reported an operating income of 2.41M and revenue of 24.27M, resulting in an operating margin of 10.0%.
MPWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported an operating income of 241.15M and revenue of 804.19M, resulting in an operating margin of 30.0%.
ETON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eton Pharmaceuticals Inc reported a net income of 1.55M and revenue of 24.27M, resulting in a net margin of 6.4%.
MPWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Monolithic Power Systems, Inc. reported a net income of 193.23M and revenue of 804.19M, resulting in a net margin of 24.0%.
Frequently Asked Questions
ETON and MPWR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPWR has higher volatility (20.33%) compared to ETON (17.63%). In terms of maximum drawdown, ETON dropped -79.94% vs MPWR's -72.27%.
MPWR currently has the higher Sharpe Ratio (2.51 vs 2.16), 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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