FN vs. MTSI
FN (Fabrinet) and MTSI (MACOM Technology Solutions Holdings, Inc.) are both stocks. Both are in the Technology sector — FN in Electronic Components, MTSI in Semiconductors. Over the past 10 years, FN returned 28.68%/yr vs 24.38%/yr for MTSI. At a 0.50 correlation, their price movements are largely independent.
Performance
FN vs. MTSI - Performance Comparison
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Returns By Period
In the year-to-date period, FN achieves a 3.48% return, which is significantly lower than MTSI's 80.13% return. Over the past 10 years, FN has outperformed MTSI with an annualized return of 28.68%, while MTSI has yielded a comparatively lower 24.38% annualized return.
FN
- 1D
- -2.41%
- 1M
- -19.08%
- 6M
- 5.34%
- YTD
- 3.48%
- 1Y
- 61.66%
- 3Y*
- 52.97%
- 5Y*
- 38.39%
- 10Y*
- 28.68%
MTSI
- 1D
- -2.78%
- 1M
- -17.68%
- 6M
- 76.43%
- YTD
- 80.13%
- 1Y
- 126.52%
- 3Y*
- 68.24%
- 5Y*
- 38.76%
- 10Y*
- 24.38%
FN vs. MTSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FN Fabrinet | 3.48% | 107.06% | 15.53% | 48.44% | 8.23% | 52.69% | 19.66% | 26.37% | 78.78% | -28.78% |
MTSI MACOM Technology Solutions Holdings, Inc. | 80.13% | 31.85% | 39.76% | 47.59% | -19.57% | 42.26% | 106.92% | 83.32% | -55.41% | -29.69% |
Correlation
The correlation between FN and MTSI is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 15, 2012 | 0.50 |
The correlation between FN and MTSI shifts across timeframes, from 0.50 (all time) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FN:
$16.88B
MTSI:
$23.54B
FN:
$11.64
MTSI:
$2.33
FN:
40.47
MTSI:
132.57
FN:
1.73
MTSI:
0.20
FN:
4.02
MTSI:
21.82
FN:
7.40
MTSI:
16.79
FN:
$4.24B
MTSI:
$1.07B
FN:
$509.75M
MTSI:
$594.25M
FN:
$422.55M
MTSI:
$245.21M
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Return for Risk
FN vs. MTSI — Risk / Return Rank
FN
MTSI
FN vs. MTSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fabrinet (FN) and MACOM Technology Solutions Holdings, Inc. (MTSI). 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.
| FN | MTSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.35 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 4.91 | -3.21 |
| Martin ratioReturn relative to average drawdown | 5.42 | 14.88 | -9.47 |
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Drawdowns
FN vs. MTSI - Drawdown Comparison
The maximum FN drawdown since its inception was -70.46%, smaller than the maximum MTSI drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for FN and MTSI.
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Drawdown Indicators
| FN | MTSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -80.78% | +10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -37.24% | -25.60% | -11.64% |
Max Drawdown (3Y)Largest decline over 3 years | -37.47% | -41.09% | +3.62% |
Max Drawdown (5Y)Largest decline over 5 years | -38.70% | -44.86% | +6.16% |
Max Drawdown (10Y)Largest decline over 10 years | -51.11% | -80.78% | +29.67% |
Current DrawdownCurrent decline from peak | -36.89% | -24.69% | -12.20% |
Average DrawdownAverage peak-to-trough decline | -22.60% | -26.14% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.65% | 8.42% | +3.23% |
Volatility
FN vs. MTSI - Volatility Comparison
Fabrinet (FN) and MACOM Technology Solutions Holdings, Inc. (MTSI) have volatilities of 21.01% and 20.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FN | MTSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.01% | 20.44% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 56.95% | 44.19% | +12.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.20% | 53.96% | +15.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.40% | 44.43% | +9.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.63% | 52.53% | -3.90% |
Dividends
FN vs. MTSI - Dividend Comparison
Neither FN nor MTSI has paid dividends to shareholders.
Financials
FN vs. MTSI - Financials Comparison
This section allows you to compare key financial metrics between Fabrinet and MACOM Technology Solutions Holdings, 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
FN vs. MTSI - Profitability Comparison
FN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Fabrinet reported a gross profit of 144.34M and revenue of 1.21B. Therefore, the gross margin over that period was 11.9%.
MTSI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, MACOM Technology Solutions Holdings, Inc. reported a gross profit of 164.43M and revenue of 288.96M. Therefore, the gross margin over that period was 56.9%.
FN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Fabrinet reported an operating income of 120.04M and revenue of 1.21B, resulting in an operating margin of 9.9%.
MTSI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, MACOM Technology Solutions Holdings, Inc. reported an operating income of 50.83M and revenue of 288.96M, resulting in an operating margin of 17.6%.
FN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Fabrinet reported a net income of 128.18M and revenue of 1.21B, resulting in a net margin of 10.6%.
MTSI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, MACOM Technology Solutions Holdings, Inc. reported a net income of 46.33M and revenue of 288.96M, resulting in a net margin of 16.0%.
Frequently Asked Questions
FN and MTSI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FN has higher volatility (21.01%) compared to MTSI (20.44%). In terms of maximum drawdown, FN dropped -70.46% vs MTSI's -80.78%.
MTSI currently has the higher Sharpe Ratio (2.33 vs 0.91), 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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