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 -29.08%/yr vs 70.08%/yr for AEHR. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
FLGT vs. AEHR - Performance Comparison
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Returns By Period
In the year-to-date period, FLGT achieves a -37.00% return, which is significantly lower than AEHR's 296.14% return.
FLGT
- 1D
- -18.11%
- 1M
- -20.62%
- 6M
- -36.83%
- YTD
- -37.00%
- 1Y
- -10.69%
- 3Y*
- -24.74%
- 5Y*
- -29.08%
- 10Y*
- —
- ALL TIME*
- 6.14%
AEHR
- 1D
- 4.05%
- 1M
- 14.32%
- 6M
- 211.93%
- YTD
- 296.14%
- 1Y
- 374.94%
- 3Y*
- 14.21%
- 5Y*
- 70.08%
- 10Y*
- 45.82%
- ALL TIME*
- 6.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $231.69M | $269.50M | $230.50M | |
| $6.50M | $5.58M | $7.39M |
FLGT vs. AEHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLGT Fulgent Genetics, Inc. | -37.00% | 42.23% | -36.11% | -2.92% | -70.39% | 93.07% | 303.88% | 306.94% | -27.63% | -62.14% |
AEHR Aehr Test Systems | 296.14% | 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 0.15, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.15 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer 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 0.15 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FLGT:
$470.03M
AEHR:
$2.61B
FLGT:
-$2.80
AEHR:
-$0.23
FLGT:
1.54
AEHR:
49.52
FLGT:
0.46
AEHR:
12.09
FLGT:
$323.93M
AEHR:
$50.00M
FLGT:
$115.26M
AEHR:
$17.65M
FLGT:
-$72.79M
AEHR:
-$10.85M
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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 | -3.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.89 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 8.57 | -8.64 |
| Martin ratioReturn relative to average drawdown | -0.12 | 17.93 | -18.05 |
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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% | -43.90% | -11.40% |
Max Drawdown (3Y)Largest decline over 3 years | -65.59% | -87.16% | +21.57% |
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 | -91.00% | -31.39% | -59.61% |
Average DrawdownAverage peak-to-trough decline | -61.99% | -79.35% | +17.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.18% | 20.94% | +9.24% |
Volatility
FLGT vs. AEHR - Volatility Comparison
The current volatility for Fulgent Genetics, Inc. (FLGT) is 21.41%, while Aehr Test Systems (AEHR) has a volatility of 50.37%. 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 | 21.41% | 50.37% | -28.96% |
Volatility (6M)Calculated over the trailing 6-month period | 60.11% | 99.99% | -39.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.38% | 125.91% | -65.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.92% | 102.69% | -51.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.46% | 95.34% | -19.88% |
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 Aug 2026, Fulgent Genetics, Inc. reported a gross profit of 25.68M and revenue of 85.39M. Therefore, the gross margin over that period was 30.1%.
AEHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Aehr Test Systems reported a gross profit of 8.02M and revenue of 18.84M. Therefore, the gross margin over that period was 42.6%.
FLGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Fulgent Genetics, Inc. reported an operating income of -29.72M and revenue of 85.39M, resulting in an operating margin of -34.8%.
AEHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Aehr Test Systems reported an operating income of -987.00K and revenue of 18.84M, resulting in an operating margin of -5.2%.
FLGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Fulgent Genetics, Inc. reported a net income of -29.53M and revenue of 85.39M, resulting in a net margin of -34.6%.
AEHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Aehr Test Systems reported a net income of 1.39M and revenue of 18.84M, resulting in a net margin of 7.4%.
Frequently Asked Questions
FLGT and AEHR have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEHR has higher volatility (50.37%) compared to FLGT (21.41%). In terms of maximum drawdown, FLGT dropped -92.50% vs AEHR's -97.98%.
AEHR currently has the higher Sharpe Ratio (2.99 vs -0.06), 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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