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 33.60%/yr vs 23.32%/yr for STM. Their 0.49 correlation means their historical movements had little consistent relationship.
Performance
FLEX vs. STM - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FLEX having a 109.72% return and STM slightly higher at 109.85%. Over the past 10 years, FLEX has outperformed STM with an annualized return of 33.60%, while STM has yielded a comparatively lower 23.32% annualized return.
FLEX
- 1D
- 7.88%
- 1M
- -7.41%
- 6M
- 92.01%
- YTD
- 109.72%
- 1Y
- 148.74%
- 3Y*
- 103.89%
- 5Y*
- 67.17%
- 10Y*
- 33.60%
- ALL TIME*
- 15.94%
STM
- 1D
- 3.89%
- 1M
- -20.67%
- 6M
- 95.39%
- YTD
- 109.85%
- 1Y
- 118.13%
- 3Y*
- 4.02%
- 5Y*
- 6.00%
- 10Y*
- 23.32%
- ALL TIME*
- 10.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
FLEX Flex Ltd. | $717.25M | $603.71M | $1.00B |
| $760.23M | $739.86M | $845.61M |
FLEX vs. STM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLEX Flex Ltd. | 109.72% | 57.38% | 127.87% | 41.94% | 17.08% | 1.95% | 42.47% | 65.83% | -57.70% | 25.19% |
STM STMicroelectronics N.V. | 109.85% | 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 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 1994 | 0.49 |
The correlation between FLEX and STM shifts across timeframes, from 0.49 (all time) to 0.62 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FLEX:
$46.43B
STM:
$48.39B
FLEX:
$2.59
STM:
$0.49
FLEX:
48.97
STM:
109.95
FLEX:
1.63
STM:
3.91
FLEX:
8.62
STM:
2.85
FLEX:
$29.27B
STM:
$13.08B
FLEX:
$2.78B
STM:
$4.49B
FLEX:
$1.90B
STM:
$2.21B
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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.
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.
| FLEX | STM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.11 | 3.01 | +1.09 |
| Martin ratioReturn relative to average drawdown | 14.23 | 9.71 | +4.53 |
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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 | -36.43% | -39.41% | +2.98% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -64.58% | +24.59% |
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 | -21.82% | -32.07% | +10.25% |
Average DrawdownAverage peak-to-trough decline | -55.10% | -55.02% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.49% | 12.22% | -1.73% |
Volatility
FLEX vs. STM - Volatility Comparison
The current volatility for Flex Ltd. (FLEX) is 22.15%, while STMicroelectronics N.V. (STM) has a volatility of 28.22%. This indicates that FLEX experiences smaller price fluctuations and is considered to be less risky 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 | 22.15% | 28.22% | -6.07% |
Volatility (6M)Calculated over the trailing 6-month period | 57.28% | 51.15% | +6.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.22% | 59.12% | +8.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.86% | 47.09% | +1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.69% | 45.14% | +1.55% |
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 0.66%.
| 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. | 0.66% | 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 Aug 2026, Flex Ltd. reported a gross profit of 747.00M and revenue of 7.93B. 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 Aug 2026, STMicroelectronics N.V. reported a gross profit of 1.22B and revenue of 3.49B. Therefore, the gross margin over that period was 34.8%.
FLEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Flex Ltd. reported an operating income of 392.00M and revenue of 7.93B, resulting in an operating margin of 4.9%.
STM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, STMicroelectronics N.V. reported an operating income of 220.00M and revenue of 3.49B, resulting in an operating margin of 6.3%.
FLEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Flex Ltd. reported a net income of 285.00M and revenue of 7.93B, resulting in a net margin of 3.6%.
STM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, STMicroelectronics N.V. reported a net income of 222.00M and revenue of 3.49B, resulting in a net margin of 6.4%.
Frequently Asked Questions
FLEX and STM have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STM has higher volatility (28.22%) compared to FLEX (22.15%). In terms of maximum drawdown, FLEX dropped -96.37% vs STM's -94.40%.
FLEX currently has the higher Sharpe Ratio (2.23 vs 2.01), 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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