FLEX vs. STM
FLEX (Flex Ltd.) and STM (STMicroelectronics N.V.) are both stocks. Both are in the Technology sector — FLEX in Electronic Components, STM in Semiconductors. Over the past 10 years, FLEX returned 36.85%/yr vs 30.91%/yr for STM. At a 0.48 correlation, their price movements are largely independent.
Performance
FLEX vs. STM - Performance Comparison
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Returns By Period
In the year-to-date period, FLEX achieves a 168.02% return, which is significantly lower than STM's 208.16% return. Over the past 10 years, FLEX has outperformed STM with an annualized return of 36.85%, while STM has yielded a comparatively lower 30.91% annualized return.
FLEX
- 1D
- 1.57%
- 1M
- 76.33%
- YTD
- 168.02%
- 6M
- 175.55%
- 1Y
- 274.69%
- 3Y*
- 123.77%
- 5Y*
- 72.90%
- 10Y*
- 36.85%
STM
- 1D
- 0.25%
- 1M
- 44.59%
- YTD
- 208.16%
- 6M
- 210.77%
- 1Y
- 214.43%
- 3Y*
- 22.31%
- 5Y*
- 17.48%
- 10Y*
- 30.91%
FLEX vs. STM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLEX Flex Ltd. | 168.02% | 57.38% | 127.87% | 41.94% | 17.08% | 1.95% | 42.47% | 65.83% | -57.70% | 25.19% |
STM STMicroelectronics N.V. | 208.16% | 5.28% | -49.67% | 41.66% | -26.76% | 32.39% | 38.91% | 96.34% | -35.65% | 94.77% |
Correlation
The correlation between FLEX and STM is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 1994 | 0.48 |
The correlation between FLEX and STM has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.
Fundamentals
FLEX:
$60.57B
STM:
$73.73B
FLEX:
$2.33
STM:
$0.15
FLEX:
69.51
STM:
514.66
FLEX:
2.19
STM:
6.01
FLEX:
11.77
STM:
4.15
FLEX:
$27.91B
STM:
$12.40B
FLEX:
$2.57B
STM:
$4.20B
FLEX:
$1.66B
STM:
$2.32B
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Return for Risk
FLEX vs. STM — Risk / Return Rank
FLEX
STM
FLEX vs. STM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flex Ltd. (FLEX) and STMicroelectronics N.V. (STM). 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.
| FLEX | STM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 1.58 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 15.05 | 5.94 | +9.11 |
| Martin ratioReturn relative to average drawdown | 36.21 | 13.56 | +22.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLEX | STM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.59 | 4.12 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.56 | 0.39 | +1.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.70 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.26 | +0.06 |
Drawdowns
FLEX vs. STM - Drawdown Comparison
The maximum FLEX drawdown since its inception was -96.37%, roughly equal to the maximum STM drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for FLEX and STM.
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Drawdown Indicators
| FLEX | STM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.37% | -94.40% | -1.97% |
Max Drawdown (1Y)Largest decline over 1 year | -18.38% | -36.35% | +17.97% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -66.66% | +26.67% |
Max Drawdown (5Y)Largest decline over 5 years | -39.99% | -66.66% | +26.67% |
Max Drawdown (10Y)Largest decline over 10 years | -70.02% | -66.66% | -3.36% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -55.26% | -55.24% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.63% | 15.89% | -8.26% |
Volatility
FLEX vs. STM - Volatility Comparison
Flex Ltd. (FLEX) has a higher volatility of 36.68% compared to STMicroelectronics N.V. (STM) at 20.83%. This indicates that FLEX's price experiences larger fluctuations and is considered to be riskier than STM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLEX | STM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.68% | 20.83% | +15.85% |
Volatility (6M)Calculated over the trailing 6-month period | 49.96% | 38.06% | +11.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.25% | 52.37% | +7.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.00% | 44.63% | +2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.72% | 44.14% | +1.58% |
Dividends
FLEX vs. STM - Dividend Comparison
FLEX has not paid dividends to shareholders, while STM's dividend yield for the trailing twelve months is around 0.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLEX Flex Ltd. | 0.00% | 0.00% | 21.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STM STMicroelectronics N.V. | 0.45% | 1.39% | 1.32% | 0.48% | 0.67% | 0.45% | 0.50% | 0.89% | 1.73% | 0.98% | 2.10% | 5.11% |
Financials
FLEX vs. STM - Financials Comparison
This section allows you to compare key financial metrics between Flex Ltd. and STMicroelectronics N.V.. 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
FLEX vs. STM - Profitability Comparison
FLEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Flex Ltd. reported a gross profit of 702.00M and revenue of 7.48B. Therefore, the gross margin over that period was 9.4%.
STM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, STMicroelectronics N.V. reported a gross profit of 1.05B and revenue of 3.10B. Therefore, the gross margin over that period was 33.8%.
FLEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Flex Ltd. reported an operating income of 372.00M and revenue of 7.48B, resulting in an operating margin of 5.0%.
STM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, STMicroelectronics N.V. reported an operating income of 96.00M and revenue of 3.10B, resulting in an operating margin of 3.1%.
FLEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flex Ltd. reported a net income of 250.00M and revenue of 7.48B, resulting in a net margin of 3.3%.
STM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, STMicroelectronics N.V. reported a net income of 37.00M and revenue of 3.10B, resulting in a net margin of 1.2%.
Frequently Asked Questions
FLEX and STM have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLEX has higher volatility (36.68%) compared to STM (20.83%). In terms of maximum drawdown, FLEX dropped -96.37% vs STM's -94.40%.
FLEX currently has the higher Sharpe Ratio (4.59 vs 4.12), 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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