LITE vs. QURE
LITE (Lumentum Holdings Inc.) and QURE (uniQure N.V.) are both stocks. LITE operates in Communication Equipment (Technology), while QURE operates in Biotechnology (Healthcare). Over the past 10 years, LITE returned 43.74%/yr vs 11.46%/yr for QURE. At a 0.20 correlation, their price movements are largely independent.
Performance
LITE vs. QURE - Performance Comparison
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Returns By Period
In the year-to-date period, LITE achieves a 150.02% return, which is significantly higher than QURE's 15.21% return. Over the past 10 years, LITE has outperformed QURE with an annualized return of 43.74%, while QURE has yielded a comparatively lower 11.46% annualized return.
LITE
- 1D
- 3.59%
- 1M
- -10.56%
- YTD
- 150.02%
- 6M
- 184.13%
- 1Y
- 977.85%
- 3Y*
- 158.28%
- 5Y*
- 62.72%
- 10Y*
- 43.74%
QURE
- 1D
- 2.80%
- 1M
- -5.49%
- YTD
- 15.21%
- 6M
- 41.31%
- 1Y
- 72.42%
- 3Y*
- 10.96%
- 5Y*
- -5.23%
- 10Y*
- 11.46%
LITE vs. QURE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LITE Lumentum Holdings Inc. | 150.02% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 88.76% | -14.09% | 26.52% |
QURE uniQure N.V. | 15.21% | 35.50% | 160.86% | -70.14% | 9.31% | -42.60% | -49.58% | 148.65% | 47.12% | 249.82% |
Correlation
The correlation between LITE and QURE is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.20 |
The correlation between LITE and QURE shifts across timeframes, from -0.04 (1 year) to 0.22 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
LITE:
$88.65B
QURE:
$1.73B
LITE:
$5.26
QURE:
-$3.58
LITE:
30.95
QURE:
88.98
LITE:
29.82
QURE:
11.58
LITE:
$2.49B
QURE:
$18.09M
LITE:
$938.50M
QURE:
$13.42M
LITE:
$470.10M
QURE:
-$164.53M
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Return for Risk
LITE vs. QURE — Risk / Return Rank
LITE
QURE
LITE vs. QURE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and uniQure N.V. (QURE). 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.
| LITE | QURE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +11.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.45 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 34.43 | 0.83 | +33.59 |
| Martin ratioReturn relative to average drawdown | 126.26 | 1.35 | +124.91 |
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Drawdowns
LITE vs. QURE - Drawdown Comparison
The maximum LITE drawdown since its inception was -66.89%, smaller than the maximum QURE drawdown of -95.40%. Use the drawdown chart below to compare losses from any high point for LITE and QURE.
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Drawdown Indicators
| LITE | QURE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.89% | -95.40% | +28.51% |
Max Drawdown (1Y)Largest decline over 1 year | -28.70% | -87.21% | +58.51% |
Max Drawdown (3Y)Largest decline over 3 years | -50.63% | -87.21% | +36.58% |
Max Drawdown (5Y)Largest decline over 5 years | -66.48% | -90.11% | +23.63% |
Max Drawdown (10Y)Largest decline over 10 years | -66.89% | -95.40% | +28.51% |
Current DrawdownCurrent decline from peak | -12.49% | -66.46% | +53.97% |
Average DrawdownAverage peak-to-trough decline | -23.57% | -56.61% | +33.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 53.75% | -45.94% |
Volatility
LITE vs. QURE - Volatility Comparison
Lumentum Holdings Inc. (LITE) has a higher volatility of 28.12% compared to uniQure N.V. (QURE) at 24.13%. This indicates that LITE's price experiences larger fluctuations and is considered to be riskier than QURE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LITE | QURE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.12% | 24.13% | +3.99% |
Volatility (6M)Calculated over the trailing 6-month period | 69.73% | 92.07% | -22.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.47% | 273.03% | -186.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.94% | 154.02% | -94.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 119.76% | -63.14% |
Dividends
LITE vs. QURE - Dividend Comparison
Neither LITE nor QURE has paid dividends to shareholders.
Financials
LITE vs. QURE - Financials Comparison
This section allows you to compare key financial metrics between Lumentum Holdings Inc. and uniQure N.V.. 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
Frequently Asked Questions
LITE and QURE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LITE has higher volatility (28.12%) compared to QURE (24.13%). In terms of maximum drawdown, LITE dropped -66.89% vs QURE's -95.40%.
LITE currently has the higher Sharpe Ratio (11.43 vs 0.27), 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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