FLGT vs. AEHR
FLGT (Fulgent Genetics, Inc.) and AEHR (Aehr Test Systems) are both stocks. FLGT operates in Diagnostics & Research (Healthcare), while AEHR operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, FLGT returned -26.39%/yr vs 113.08%/yr for AEHR. At a 0.19 correlation, their price movements are largely independent.
Performance
FLGT vs. AEHR - Performance Comparison
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Returns By Period
In the year-to-date period, FLGT achieves a -32.09% return, which is significantly lower than AEHR's 461.32% return.
FLGT
- 1D
- -0.89%
- 1M
- 4.27%
- YTD
- -32.09%
- 6M
- -35.46%
- 1Y
- -8.65%
- 3Y*
- -21.61%
- 5Y*
- -26.39%
- 10Y*
- —
AEHR
- 1D
- -1.71%
- 1M
- 19.27%
- YTD
- 461.32%
- 6M
- 401.24%
- 1Y
- 916.41%
- 3Y*
- 41.56%
- 5Y*
- 113.08%
- 10Y*
- 52.01%
FLGT vs. AEHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLGT Fulgent Genetics, Inc. | -32.09% | 42.23% | -36.11% | -2.92% | -70.39% | 93.07% | 303.88% | 306.94% | -27.63% | -62.14% |
AEHR Aehr Test Systems | 461.32% | 21.41% | -37.32% | 31.99% | -16.87% | 855.73% | 26.50% | 41.84% | -47.97% | 12.45% |
Correlation
The correlation between FLGT and AEHR is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2016 | 0.19 |
The correlation between FLGT and AEHR shifts across timeframes, from 0.18 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FLGT:
$550.92M
AEHR:
$3.48B
FLGT:
-$2.40
AEHR:
-$0.38
FLGT:
1.72
AEHR:
75.69
FLGT:
0.52
AEHR:
25.06
FLGT:
$320.35M
AEHR:
$45.26M
FLGT:
$121.99M
AEHR:
$13.90M
FLGT:
-$67.18M
AEHR:
-$13.56M
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Return for Risk
FLGT vs. AEHR — Risk / Return Rank
FLGT
AEHR
FLGT vs. AEHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fulgent Genetics, Inc. (FLGT) and Aehr Test Systems (AEHR). 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.
| FLGT | AEHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.92 | ||
| Sortino ratioReturn per unit of downside risk | -4.37 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.54 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.16 | 21.88 | -22.04 |
| Martin ratioReturn relative to average drawdown | -0.31 | 49.20 | -49.51 |
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Drawdowns
FLGT vs. AEHR - Drawdown Comparison
The maximum FLGT drawdown since its inception was -92.50%, smaller than the maximum AEHR drawdown of -97.98%. Use the drawdown chart below to compare losses from any high point for FLGT and AEHR.
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Drawdown Indicators
| FLGT | AEHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.50% | -97.98% | +5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -55.30% | -42.31% | -12.99% |
Max Drawdown (3Y)Largest decline over 3 years | -66.21% | -87.37% | +21.16% |
Max Drawdown (5Y)Largest decline over 5 years | -87.56% | -87.37% | -0.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.37% | — |
Current DrawdownCurrent decline from peak | -90.30% | -2.79% | -87.51% |
Average DrawdownAverage peak-to-trough decline | -61.68% | -79.54% | +17.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.92% | 18.78% | +9.14% |
Volatility
FLGT vs. AEHR - Volatility Comparison
The current volatility for Fulgent Genetics, Inc. (FLGT) is 13.15%, while Aehr Test Systems (AEHR) has a volatility of 38.11%. This indicates that FLGT experiences smaller price fluctuations and is considered to be less risky than AEHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLGT | AEHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.15% | 38.11% | -24.96% |
Volatility (6M)Calculated over the trailing 6-month period | 56.70% | 88.16% | -31.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.59% | 119.34% | -61.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.12% | 110.07% | -58.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.59% | 94.00% | -18.41% |
Dividends
FLGT vs. AEHR - Dividend Comparison
Neither FLGT nor AEHR has paid dividends to shareholders.
Financials
FLGT vs. AEHR - Financials Comparison
This section allows you to compare key financial metrics between Fulgent Genetics, Inc. and Aehr Test Systems. 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
FLGT vs. AEHR - Profitability Comparison
FLGT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fulgent Genetics, Inc. reported a gross profit of 19.46M and revenue of 71.14M. Therefore, the gross margin over that period was 27.4%.
AEHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported a gross profit of 3.37M and revenue of 10.31M. Therefore, the gross margin over that period was 32.7%.
FLGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fulgent Genetics, Inc. reported an operating income of -34.62M and revenue of 71.14M, resulting in an operating margin of -48.7%.
AEHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported an operating income of -4.23M and revenue of 10.31M, resulting in an operating margin of -41.0%.
FLGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fulgent Genetics, Inc. reported a net income of -24.83M and revenue of 71.14M, resulting in a net margin of -34.9%.
AEHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aehr Test Systems reported a net income of -3.20M and revenue of 10.31M, resulting in a net margin of -31.1%.
Frequently Asked Questions
FLGT and AEHR have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEHR has higher volatility (38.11%) compared to FLGT (13.15%). In terms of maximum drawdown, FLGT dropped -92.50% vs AEHR's -97.98%.
AEHR currently has the higher Sharpe Ratio (7.77 vs -0.15), 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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