GNW vs. ON
GNW (Genworth Financial, Inc.) and ON (ON Semiconductor Corporation) are both stocks. GNW operates in Insurance - Life (Financial Services), while ON operates in Semiconductors (Technology). Over the past 10 years, GNW returned 13.59%/yr vs 23.72%/yr for ON. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
GNW vs. ON - Performance Comparison
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Returns By Period
In the year-to-date period, GNW achieves a 8.86% return, which is significantly lower than ON's 50.71% return. Over the past 10 years, GNW has underperformed ON with an annualized return of 13.59%, while ON has yielded a comparatively higher 23.72% annualized return.
GNW
- 1D
- -1.31%
- 1M
- 2.29%
- 6M
- 17.87%
- YTD
- 8.86%
- 1Y
- 25.22%
- 3Y*
- 17.95%
- 5Y*
- 24.10%
- 10Y*
- 13.59%
- ALL TIME*
- -2.75%
ON
- 1D
- -2.54%
- 1M
- -10.53%
- 6M
- 36.27%
- YTD
- 50.71%
- 1Y
- 43.63%
- 3Y*
- -8.94%
- 5Y*
- 15.88%
- 10Y*
- 23.72%
- ALL TIME*
- 4.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $28.70M | $27.28M | $26.76M | |
| $734.43M | $864.80M | $1.33B |
GNW vs. ON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GNW Genworth Financial, Inc. | 8.86% | 29.18% | 4.64% | 26.28% | 30.62% | 7.14% | -14.09% | -5.58% | 49.84% | -18.37% |
ON ON Semiconductor Corporation | 50.71% | -14.12% | -24.52% | 33.93% | -8.17% | 107.52% | 34.25% | 47.67% | -21.16% | 64.11% |
Correlation
The correlation between GNW and ON is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.15 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since May 25, 2004 | 0.34 |
Over the past year, the correlation between GNW and ON has dropped to 0.02 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
GNW:
$3.76B
ON:
$31.76B
GNW:
$0.62
ON:
$1.43
GNW:
15.84
ON:
57.11
GNW:
0.57
ON:
5.40
GNW:
0.44
ON:
4.40
GNW:
$6.87B
ON:
$6.06B
GNW:
$522.00M
ON:
$2.26B
GNW:
$466.00M
ON:
$1.21B
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Return for Risk
GNW vs. ON — Risk / Return Rank
GNW
ON
GNW vs. ON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genworth Financial, Inc. (GNW) and ON Semiconductor Corporation (ON). 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.
| GNW | ON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.09 | +0.69 |
| Martin ratioReturn relative to average drawdown | 4.34 | 3.12 | +1.22 |
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Drawdowns
GNW vs. ON - Drawdown Comparison
The maximum GNW drawdown since its inception was -97.63%, roughly equal to the maximum ON drawdown of -96.34%. Use the drawdown chart below to compare losses from any high point for GNW and ON.
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Drawdown Indicators
| GNW | ON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.63% | -96.34% | -1.29% |
Max Drawdown (1Y)Largest decline over 1 year | -14.07% | -41.12% | +27.05% |
Max Drawdown (3Y)Largest decline over 3 years | -21.74% | -69.16% | +47.42% |
Max Drawdown (5Y)Largest decline over 5 years | -26.09% | -70.44% | +44.35% |
Max Drawdown (10Y)Largest decline over 10 years | -61.49% | -70.44% | +8.95% |
Current DrawdownCurrent decline from peak | -72.28% | -39.07% | -33.21% |
Average DrawdownAverage peak-to-trough decline | -67.40% | -53.78% | -13.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.79% | 14.40% | -8.61% |
Volatility
GNW vs. ON - Volatility Comparison
The current volatility for Genworth Financial, Inc. (GNW) is 7.10%, while ON Semiconductor Corporation (ON) has a volatility of 17.99%. This indicates that GNW experiences smaller price fluctuations and is considered to be less risky than ON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNW | ON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.10% | 17.99% | -10.89% |
Volatility (6M)Calculated over the trailing 6-month period | 16.77% | 54.11% | -37.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.33% | 63.32% | -40.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.83% | 55.46% | -22.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.53% | 52.10% | -4.57% |
Dividends
GNW vs. ON - Dividend Comparison
Neither GNW nor ON has paid dividends to shareholders.
Financials
GNW vs. ON - Financials Comparison
This section allows you to compare key financial metrics between Genworth Financial, Inc. and ON Semiconductor Corporation. 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
GNW vs. ON - Profitability Comparison
GNW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Genworth Financial, Inc. reported a gross profit of 0.00 and revenue of 1.78B. Therefore, the gross margin over that period was 0.0%.
ON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, ON Semiconductor Corporation reported a gross profit of 583.10M and revenue of 1.51B. Therefore, the gross margin over that period was 38.5%.
GNW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Genworth Financial, Inc. reported an operating income of 80.00M and revenue of 1.78B, resulting in an operating margin of 4.5%.
ON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, ON Semiconductor Corporation reported an operating income of -53.40M and revenue of 1.51B, resulting in an operating margin of -3.5%.
GNW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Genworth Financial, Inc. reported a net income of 80.00M and revenue of 1.78B, resulting in a net margin of 4.5%.
ON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, ON Semiconductor Corporation reported a net income of -33.40M and revenue of 1.51B, resulting in a net margin of -2.2%.
Frequently Asked Questions
GNW and ON have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ON has higher volatility (17.99%) compared to GNW (7.10%). In terms of maximum drawdown, GNW dropped -97.63% vs ON's -96.34%.
GNW currently has the higher Sharpe Ratio (1.13 vs 0.71), 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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