ICHR vs. INDI
ICHR (Ichor Holdings, Ltd.) and INDI (indie Semiconductor, Inc.) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 5 years, ICHR returned 11.78%/yr vs -18.17%/yr for INDI. Their 0.52 correlation means they have sometimes moved together and sometimes differently.
Performance
ICHR vs. INDI - Performance Comparison
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Returns By Period
In the year-to-date period, ICHR achieves a 335.32% return, which is significantly higher than INDI's -3.97% return.
ICHR
- 1D
- 6.59%
- 1M
- -18.32%
- 6M
- 157.73%
- YTD
- 335.32%
- 1Y
- 313.98%
- 3Y*
- 30.27%
- 5Y*
- 11.78%
- 10Y*
- —
- ALL TIME*
- 23.77%
INDI
- 1D
- 4.95%
- 1M
- -21.71%
- 6M
- -14.39%
- YTD
- -3.97%
- 1Y
- -9.36%
- 3Y*
- -27.21%
- 5Y*
- -18.17%
- 10Y*
- —
- ALL TIME*
- -20.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $75.19M | $85.67M | $96.21M | |
| $17.54M | $19.33M | $24.72M |
ICHR vs. INDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ICHR Ichor Holdings, Ltd. | 335.32% | -42.80% | -4.19% | 25.39% | -41.73% | -14.70% |
INDI indie Semiconductor, Inc. | -3.97% | -12.84% | -50.06% | 39.11% | -51.38% | 10.00% |
Correlation
The correlation between ICHR and INDI is 0.53, 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. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2021 | 0.52 |
The correlation between ICHR and INDI has been stable across timeframes, ranging from 0.51 to 0.53 - a consistent structural relationship.
Fundamentals
ICHR:
$2.80B
INDI:
$716.27M
ICHR:
-$1.16
INDI:
-$0.00
ICHR:
2.74
INDI:
1.03K
ICHR:
3.24
INDI:
1.94K
ICHR:
$1.01B
INDI:
$218.77M
ICHR:
$105.29M
INDI:
$26.51M
ICHR:
-$8.59M
INDI:
-$112.16M
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Return for Risk
ICHR vs. INDI — Risk / Return Rank
ICHR
INDI
ICHR vs. INDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ichor Holdings, Ltd. (ICHR) and indie Semiconductor, Inc. (INDI). 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.
| ICHR | INDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.18 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.05 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 7.10 | -0.16 | +7.26 |
| Martin ratioReturn relative to average drawdown | 19.19 | -0.28 | +19.48 |
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Drawdowns
ICHR vs. INDI - Drawdown Comparison
The maximum ICHR drawdown since its inception was -77.39%, smaller than the maximum INDI drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for ICHR and INDI.
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Drawdown Indicators
| ICHR | INDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.39% | -89.91% | +12.52% |
Max Drawdown (1Y)Largest decline over 1 year | -44.56% | -59.33% | +14.77% |
Max Drawdown (3Y)Largest decline over 3 years | -69.09% | -81.80% | +12.71% |
Max Drawdown (5Y)Largest decline over 5 years | -71.83% | -89.91% | +18.08% |
Current DrawdownCurrent decline from peak | -28.54% | -78.61% | +50.07% |
Average DrawdownAverage peak-to-trough decline | -35.99% | -57.32% | +21.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.45% | 32.98% | -16.53% |
Volatility
ICHR vs. INDI - Volatility Comparison
Ichor Holdings, Ltd. (ICHR) has a higher volatility of 39.64% compared to indie Semiconductor, Inc. (INDI) at 24.48%. This indicates that ICHR's price experiences larger fluctuations and is considered to be riskier than INDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICHR | INDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.64% | 24.48% | +15.16% |
Volatility (6M)Calculated over the trailing 6-month period | 74.51% | 63.01% | +11.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 103.48% | 82.70% | +20.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.97% | 80.11% | -10.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.40% | 79.86% | -12.46% |
Dividends
ICHR vs. INDI - Dividend Comparison
Neither ICHR nor INDI has paid dividends to shareholders.
Financials
ICHR vs. INDI - Financials Comparison
This section allows you to compare key financial metrics between Ichor Holdings, Ltd. and indie Semiconductor, 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
ICHR vs. INDI - Profitability Comparison
ICHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Ichor Holdings, Ltd. reported a gross profit of 43.46M and revenue of 294.78M. Therefore, the gross margin over that period was 14.7%.
INDI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, indie Semiconductor, Inc. reported a gross profit of 0.00 and revenue of 55.46M. Therefore, the gross margin over that period was 0.0%.
ICHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Ichor Holdings, Ltd. reported an operating income of 6.53M and revenue of 294.78M, resulting in an operating margin of 2.2%.
INDI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, indie Semiconductor, Inc. reported an operating income of -38.87M and revenue of 55.46M, resulting in an operating margin of -70.1%.
ICHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Ichor Holdings, Ltd. reported a net income of 998.00K and revenue of 294.78M, resulting in a net margin of 0.3%.
INDI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, indie Semiconductor, Inc. reported a net income of -43.19M and revenue of 55.46M, resulting in a net margin of -77.9%.
Frequently Asked Questions
ICHR and INDI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICHR has higher volatility (39.64%) compared to INDI (24.48%). In terms of maximum drawdown, ICHR dropped -77.39% vs INDI's -89.91%.
ICHR currently has the higher Sharpe Ratio (3.06 vs -0.11), 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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