LITE vs. LRCX
LITE (Lumentum Holdings Inc.) and LRCX (Lam Research Corporation) are both stocks. Both are in the Technology sector — LITE in Communication Equipment, LRCX in Semiconductor Equipment & Materials. Over the past 10 years, LITE returned 43.96%/yr vs 47.12%/yr for LRCX. At a 0.49 correlation, their price movements are largely independent.
Performance
LITE vs. LRCX - Performance Comparison
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Returns By Period
In the year-to-date period, LITE achieves a 154.48% return, which is significantly higher than LRCX's 101.03% return. Over the past 10 years, LITE has underperformed LRCX with an annualized return of 43.96%, while LRCX has yielded a comparatively higher 47.12% annualized return.
LITE
- 1D
- -8.86%
- 1M
- -3.91%
- YTD
- 154.48%
- 6M
- 209.59%
- 1Y
- 1,107.98%
- 3Y*
- 160.60%
- 5Y*
- 62.83%
- 10Y*
- 43.96%
LRCX
- 1D
- 2.78%
- 1M
- 32.93%
- YTD
- 101.03%
- 6M
- 115.41%
- 1Y
- 313.85%
- 3Y*
- 79.31%
- 5Y*
- 40.79%
- 10Y*
- 47.12%
LITE vs. LRCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LITE Lumentum Holdings Inc. | 154.48% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 88.76% | -14.09% | 26.52% |
LRCX Lam Research Corporation | 101.03% | 139.16% | -6.84% | 88.63% | -40.72% | 53.66% | 64.18% | 119.33% | -24.40% | 76.21% |
Correlation
The correlation between LITE and LRCX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Aug 5, 2015 | 0.49 |
The correlation between LITE and LRCX shifts across timeframes, from 0.42 (1 year) to 0.55 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LITE:
$90.24B
LRCX:
$434.03B
LITE:
$5.26
LRCX:
$5.29
LITE:
178.21
LRCX:
65.00
LITE:
31.50
LRCX:
20.11
LITE:
30.35
LRCX:
41.01
LITE:
$2.49B
LRCX:
$21.68B
LITE:
$938.50M
LRCX:
$10.84B
LITE:
$470.10M
LRCX:
$6.10B
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Return for Risk
LITE vs. LRCX — Risk / Return Rank
LITE
LRCX
LITE vs. LRCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and Lam Research Corporation (LRCX). 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 | LRCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +6.79 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.77 | 1.67 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 39.02 | 15.81 | +23.22 |
| Martin ratioReturn relative to average drawdown | 152.77 | 53.72 | +99.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LITE | LRCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 13.13 | 6.34 | +6.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.06 | 0.89 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 1.06 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.44 | +0.32 |
Drawdowns
LITE vs. LRCX - Drawdown Comparison
The maximum LITE drawdown since its inception was -66.89%, smaller than the maximum LRCX drawdown of -87.90%. Use the drawdown chart below to compare losses from any high point for LITE and LRCX.
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Drawdown Indicators
| LITE | LRCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.89% | -87.90% | +21.01% |
Max Drawdown (1Y)Largest decline over 1 year | -28.70% | -20.01% | -8.69% |
Max Drawdown (3Y)Largest decline over 3 years | -50.63% | -47.10% | -3.53% |
Max Drawdown (5Y)Largest decline over 5 years | -66.48% | -56.39% | -10.09% |
Max Drawdown (10Y)Largest decline over 10 years | -66.89% | -56.39% | -10.50% |
Current DrawdownCurrent decline from peak | -10.93% | 0.00% | -10.93% |
Average DrawdownAverage peak-to-trough decline | -23.17% | -28.19% | +5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.32% | 5.87% | +1.45% |
Volatility
LITE vs. LRCX - Volatility Comparison
Lumentum Holdings Inc. (LITE) has a higher volatility of 30.62% compared to Lam Research Corporation (LRCX) at 16.14%. This indicates that LITE's price experiences larger fluctuations and is considered to be riskier than LRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LITE | LRCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.62% | 16.14% | +14.48% |
Volatility (6M)Calculated over the trailing 6-month period | 68.91% | 40.20% | +28.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.30% | 49.88% | +35.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.65% | 45.94% | +13.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.46% | 44.58% | +11.88% |
Dividends
LITE vs. LRCX - Dividend Comparison
LITE has not paid dividends to shareholders, while LRCX's dividend yield for the trailing twelve months is around 0.29%.
| Position | 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% |
LRCX Lam Research Corporation | 0.29% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Financials
LITE vs. LRCX - Financials Comparison
This section allows you to compare key financial metrics between Lumentum Holdings Inc. and Lam Research 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
LITE vs. LRCX - Profitability Comparison
LITE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported a gross profit of 357.00M and revenue of 808.40M. Therefore, the gross margin over that period was 44.2%.
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a gross profit of 2.91B and revenue of 5.84B. Therefore, the gross margin over that period was 49.8%.
LITE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported an operating income of 174.50M and revenue of 808.40M, resulting in an operating margin of 21.6%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported an operating income of 2.05B and revenue of 5.84B, resulting in an operating margin of 35.0%.
LITE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported a net income of 144.20M and revenue of 808.40M, resulting in a net margin of 17.8%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lam Research Corporation reported a net income of 1.83B and revenue of 5.84B, resulting in a net margin of 31.3%.
Frequently Asked Questions
LITE and LRCX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LITE has higher volatility (30.62%) compared to LRCX (16.14%). In terms of maximum drawdown, LITE dropped -66.89% vs LRCX's -87.90%.
LITE currently has the higher Sharpe Ratio (13.13 vs 6.34), 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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