LITE vs. REAL
LITE (Lumentum Holdings Inc.) and REAL (The RealReal, Inc.) are both stocks. LITE operates in Communication Equipment (Technology), while REAL operates in Specialty Retail (Consumer Cyclical). Over the past 5 years, LITE returned 62.72%/yr vs -12.76%/yr for REAL. At a 0.35 correlation, their price movements are largely independent.
Performance
LITE vs. REAL - 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 REAL's -34.85% 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%
REAL
- 1D
- 4.47%
- 1M
- 9.25%
- YTD
- -34.85%
- 6M
- -28.31%
- 1Y
- 92.87%
- 3Y*
- 81.13%
- 5Y*
- -12.76%
- 10Y*
- —
LITE vs. REAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LITE Lumentum Holdings Inc. | 150.02% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 51.25% |
REAL The RealReal, Inc. | -34.85% | 44.37% | 443.78% | 60.80% | -89.23% | -40.58% | 3.66% | -32.68% |
Correlation
The correlation between LITE and REAL is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2019 | 0.35 |
Over the past year, the correlation between LITE and REAL has dropped to 0.08 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
LITE:
$88.65B
REAL:
$3.23B
LITE:
$5.26
REAL:
-$0.22
LITE:
30.95
REAL:
4.26
LITE:
$2.49B
REAL:
$722.53M
LITE:
$938.50M
REAL:
$529.97M
LITE:
$470.10M
REAL:
-$60.20M
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Return for Risk
LITE vs. REAL — Risk / Return Rank
LITE
REAL
LITE vs. REAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and The RealReal, Inc. (REAL). 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 | REAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +10.23 | ||
| Sortino ratioReturn per unit of downside risk | +3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.71 | 1.25 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 34.43 | 1.80 | +32.63 |
| Martin ratioReturn relative to average drawdown | 126.26 | 3.95 | +122.32 |
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Drawdowns
LITE vs. REAL - Drawdown Comparison
The maximum LITE drawdown since its inception was -66.89%, smaller than the maximum REAL drawdown of -96.44%. Use the drawdown chart below to compare losses from any high point for LITE and REAL.
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Drawdown Indicators
| LITE | REAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.89% | -96.44% | +29.55% |
Max Drawdown (1Y)Largest decline over 1 year | -28.70% | -51.95% | +23.25% |
Max Drawdown (3Y)Largest decline over 3 years | -50.63% | -57.16% | +6.53% |
Max Drawdown (5Y)Largest decline over 5 years | -66.48% | -95.42% | +28.94% |
Max Drawdown (10Y)Largest decline over 10 years | -66.89% | — | — |
Current DrawdownCurrent decline from peak | -12.49% | -64.43% | +51.94% |
Average DrawdownAverage peak-to-trough decline | -23.57% | -67.33% | +43.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 23.62% | -15.81% |
Volatility
LITE vs. REAL - Volatility Comparison
Lumentum Holdings Inc. (LITE) has a higher volatility of 28.12% compared to The RealReal, Inc. (REAL) at 17.24%. This indicates that LITE's price experiences larger fluctuations and is considered to be riskier than REAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LITE | REAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.12% | 17.24% | +10.88% |
Volatility (6M)Calculated over the trailing 6-month period | 69.73% | 48.58% | +21.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.47% | 77.43% | +9.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.94% | 97.37% | -37.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.62% | 93.85% | -37.23% |
Dividends
LITE vs. REAL - Dividend Comparison
Neither LITE nor REAL has paid dividends to shareholders.
Financials
LITE vs. REAL - Financials Comparison
This section allows you to compare key financial metrics between Lumentum Holdings Inc. and The RealReal, 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
LITE vs. REAL - 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%.
REAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The RealReal, Inc. reported a gross profit of 141.33M and revenue of 189.72M. Therefore, the gross margin over that period was 74.5%.
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%.
REAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The RealReal, Inc. reported an operating income of -2.27M and revenue of 189.72M, resulting in an operating margin of -1.2%.
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%.
REAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The RealReal, Inc. reported a net income of 38.94M and revenue of 189.72M, resulting in a net margin of 20.5%.
Frequently Asked Questions
LITE and REAL have a correlation of 0.08, 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 REAL (17.24%). In terms of maximum drawdown, LITE dropped -66.89% vs REAL's -96.44%.
LITE currently has the higher Sharpe Ratio (11.43 vs 1.21), 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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