LITE vs. AVGO

Last updated Apr 1, 2026

Compare and contrast key facts about Lumentum Holdings Inc. (LITE) and Broadcom Inc. (AVGO).

Performance

LITE vs. AVGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lumentum Holdings Inc. (LITE) and Broadcom Inc. (AVGO). The values are adjusted to include any dividend payments, if applicable.

LITE vs. AVGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LITE Lumentum Holdings Inc.	90.66%	339.06%	60.15%	0.48%	-50.68%	11.57%	19.55%	88.76%	-14.09%	26.52%
AVGO Broadcom Inc.	-10.38%	50.63%	110.49%	104.18%	-13.27%	56.48%	44.88%	29.05%	2.18%	48.19%

Fundamentals

Market Cap LITE : $58.40B AVGO : $1.51T
EPS LITE : $3.23 AVGO : $5.13
PE Ratio LITE : 217.31 AVGO : 60.31
PS Ratio LITE : 25.97 AVGO : 22.06
PB Ratio LITE : 68.98 AVGO : 18.94
Total Revenue (TTM) LITE : $2.11B AVGO : $68.28B
Gross Profit (TTM) LITE : $704.00M AVGO : $46.31B
EBITDA (TTM) LITE : $171.40M AVGO : $36.65B

Returns By Period

In the year-to-date period, LITE achieves a 90.66% return, which is significantly higher than AVGO's -10.38% return. Both investments have delivered pretty close results over the past 10 years, with LITE having a 38.75% annualized return and AVGO not far behind at 38.12%.

LITE

• 1D: 7.33%
• 1M: 0.26%
• YTD: 90.66%
• 6M: 331.91%
• 1Y: 1,027.30%
• 3Y*: 135.20%
• 5Y*: 49.99%
• 10Y*: 38.75%

AVGO

• 1D: 5.49%
• 1M: -2.94%
• YTD: -10.38%
• 6M: -5.81%
• 1Y: 86.36%
• 3Y*: 71.23%
• 5Y*: 48.36%
• 10Y*: 38.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LITE vs. AVGO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LITE

LITE Risk / Return Rank: 99
LITE Sharpe Ratio Rank: 100
LITE Sortino Ratio Rank: 99
LITE Omega Ratio Rank: 98
LITE Calmar Ratio Rank: 100
LITE Martin Ratio Rank: 100

AVGO

AVGO Risk / Return Rank: 86
AVGO Sharpe Ratio Rank: 89
AVGO Sortino Ratio Rank: 87
AVGO Omega Ratio Rank: 85
AVGO Calmar Ratio Rank: 86
AVGO Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LITE vs. AVGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and Broadcom Inc. (AVGO). 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.

	LITE	AVGO	Difference
Sharpe ratio Return per unit of total volatility	12.35	1.80	+10.55
Sortino ratio Return per unit of downside risk	5.48	2.52	+2.96
Omega ratio Gain probability vs. loss probability	1.80	1.33	+0.47
Calmar ratio Return relative to maximum drawdown	35.64	2.95	+32.69
Martin ratio Return relative to average drawdown	122.01	7.31	+114.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LITE vs. AVGO - Sharpe Ratio Comparison

The current LITE Sharpe Ratio is 12.35, which is higher than the AVGO Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of LITE and AVGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LITE	AVGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	12.35	1.80	+10.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	1.15	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.98	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	1.06	-0.34

Correlation

The correlation between LITE and AVGO is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LITE vs. AVGO - Dividend Comparison

LITE has not paid dividends to shareholders, while AVGO's dividend yield for the trailing twelve months is around 0.80%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LITE Lumentum Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AVGO Broadcom Inc.	0.80%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%

Drawdowns

LITE vs. AVGO - Drawdown Comparison

The maximum LITE drawdown since its inception was -66.89%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for LITE and AVGO.

Drawdown Indicators

	LITE	AVGO	Difference
Max Drawdown Largest peak-to-trough decline	-66.89%	-48.30%	-18.59%
Max Drawdown (1Y) Largest decline over 1 year	-28.70%	-28.67%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-66.48%	-41.15%	-25.33%
Max Drawdown (10Y) Largest decline over 10 years	-66.89%	-48.30%	-18.59%
Current Drawdown Current decline from peak	-12.37%	-24.75%	+12.38%
Average Drawdown Average peak-to-trough decline	-23.45%	-8.00%	-15.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.38%	11.56%	-3.18%

Volatility

LITE vs. AVGO - Volatility Comparison

Lumentum Holdings Inc. (LITE) has a higher volatility of 36.84% compared to Broadcom Inc. (AVGO) at 12.64%. This indicates that LITE's price experiences larger fluctuations and is considered to be riskier than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LITE	AVGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.84%	12.64%	+24.20%
Volatility (6M) Calculated over the trailing 6-month period	70.39%	32.48%	+37.91%
Volatility (1Y) Calculated over the trailing 1-year period	84.05%	48.26%	+35.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.67%	42.34%	+15.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.23%	38.91%	+16.32%

Financials

LITE vs. AVGO - Profitability Comparison

The chart below illustrates the profitability comparison between Lumentum Holdings Inc. and Broadcom Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

LITE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Lumentum Holdings Inc. reported a gross profit of 240.10M and revenue of 665.50M. Therefore, the gross margin over that period was 36.1%.

AVGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Broadcom Inc. reported a gross profit of 13.16B and revenue of 19.31B. Therefore, the gross margin over that period was 68.1%.

LITE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Lumentum Holdings Inc. reported an operating income of 64.30M and revenue of 665.50M, resulting in an operating margin of 9.7%.

AVGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Broadcom Inc. reported an operating income of 8.56B and revenue of 19.31B, resulting in an operating margin of 44.3%.

LITE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Lumentum Holdings Inc. reported a net income of 78.20M and revenue of 665.50M, resulting in a net margin of 11.8%.

AVGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Broadcom Inc. reported a net income of 7.35B and revenue of 19.31B, resulting in a net margin of 38.1%.