LITE vs. SEI

Last updated Jul 7, 2026

LITE (Lumentum Holdings Inc.) and SEI (Solaris Energy Infrastructure, Inc) are both stocks. LITE operates in Communication Equipment (Technology), while SEI operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, LITE returned 54.75%/yr vs 54.46%/yr for SEI. At a 0.23 correlation, their price movements are largely independent.

Performance

LITE vs. SEI - Performance Comparison

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

Returns By Period

In the year-to-date period, LITE achieves a 98.39% return, which is significantly higher than SEI's 47.38% return.

LITE

• 1D: 0.40%
• 1M: -15.33%
• 6M: 104.80%
• YTD: 98.39%
• 1Y: 688.41%
• 3Y*: 137.77%
• 5Y*: 54.75%
• 10Y*: 40.43%

SEI

• 1D: 0.42%
• 1M: -2.77%
• 6M: 28.08%
• YTD: 47.38%
• 1Y: 108.68%
• 3Y*: 103.06%
• 5Y*: 54.46%
• 10Y*: —

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

LITE vs. SEI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LITE Lumentum Holdings Inc.	98.39%	339.06%	60.15%	0.48%	-50.68%	11.57%	19.55%	88.76%	-14.09%	-5.23%
SEI Solaris Energy Infrastructure, Inc	47.38%	62.29%	277.66%	-15.75%	57.46%	-15.55%	-38.09%	19.10%	-43.06%	75.35%

Correlation

The correlation between LITE and SEI is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since May 12, 2017	0.23

Fundamentals

Market Cap LITE : $56.89B SEI : $4.84B
EPS LITE : $5.03 SEI : $0.97
PE Ratio LITE : 145.34 SEI : 69.37
PS Ratio LITE : 25.69 SEI : 4.64
PB Ratio LITE : 23.66 SEI : 4.28
Total Revenue (TTM) LITE : $2.49B SEI : $692.11M
Gross Profit (TTM) LITE : $938.50M SEI : $235.28M
EBITDA (TTM) LITE : $470.10M SEI : $249.65M

Return for Risk

LITE vs. SEI — 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: 98
LITE Omega Ratio Rank: 97
LITE Calmar Ratio Rank: 100
LITE Martin Ratio Rank: 100

SEI

SEI Risk / Return Rank: 85
SEI Sharpe Ratio Rank: 84
SEI Sortino Ratio Rank: 81
SEI Omega Ratio Rank: 78
SEI Calmar Ratio Rank: 91
SEI Martin Ratio Rank: 90

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. SEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and Solaris Energy Infrastructure, Inc (SEI). 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	SEI	Difference
Sharpe ratio: Return per unit of total volatility	7.86	1.48	+6.38
Sortino ratio: Return per unit of downside risk	4.61	2.13	+2.48
Omega ratio: Gain probability vs. loss probability	1.59	1.26	+0.33
Calmar ratio: Return relative to maximum drawdown	22.53	4.14	+18.40
Martin ratio: Return relative to average drawdown	75.28	10.25	+65.03

LITE vs. SEI - Sharpe Ratio Comparison

The current LITE Sharpe Ratio is 7.86, which is higher than the SEI Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of LITE and SEI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LITE vs. SEI - Drawdown Comparison

The maximum LITE drawdown since its inception was -66.89%, smaller than the maximum SEI drawdown of -79.49%. Use the drawdown chart below to compare losses from any high point for LITE and SEI.

Drawdown Indicators

	LITE	SEI	Difference
Max Drawdown Largest peak-to-trough decline	-66.89%	-79.49%	+12.60%
Max Drawdown (1Y) Largest decline over 1 year	-30.84%	-26.43%	-4.41%
Max Drawdown (3Y) Largest decline over 3 years	-50.63%	-55.37%	+4.74%
Max Drawdown (5Y) Largest decline over 5 years	-66.48%	-55.37%	-11.11%
Max Drawdown (10Y) Largest decline over 10 years	-66.89%	—	—
Current Drawdown Current decline from peak	-30.56%	-18.59%	-11.97%
Average Drawdown Average peak-to-trough decline	-23.55%	-38.41%	+14.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.21%	10.66%	-1.45%

Volatility

LITE vs. SEI - Volatility Comparison

Lumentum Holdings Inc. (LITE) and Solaris Energy Infrastructure, Inc (SEI) have volatilities of 24.25% and 24.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LITE	SEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.25%	24.74%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	69.71%	52.24%	+17.47%
Volatility (1Y) Calculated over the trailing 1-year period	88.59%	74.14%	+14.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.56%	66.92%	-6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.83%	62.36%	-5.53%

Dividends

LITE vs. SEI - Dividend Comparison

LITE has not paid dividends to shareholders, while SEI's dividend yield for the trailing twelve months is around 0.71%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
LITE Lumentum Holdings Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SEI Solaris Energy Infrastructure, Inc	0.71%	1.04%	1.67%	5.65%	4.23%	6.41%	5.16%	2.89%	0.83%

Financials

LITE vs. SEI - Profitability Comparison

The chart below illustrates the profitability comparison between Lumentum Holdings Inc. and Solaris Energy Infrastructure, 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 Jul 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%.

SEI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Solaris Energy Infrastructure, Inc reported a gross profit of 72.72M and revenue of 196.24M. Therefore, the gross margin over that period was 37.1%.

LITE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Lumentum Holdings Inc. reported an operating income of 174.50M and revenue of 808.40M, resulting in an operating margin of 21.6%.

SEI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Solaris Energy Infrastructure, Inc reported an operating income of 50.56M and revenue of 196.24M, resulting in an operating margin of 25.8%.

LITE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Lumentum Holdings Inc. reported a net income of 144.20M and revenue of 808.40M, resulting in a net margin of 17.8%.

SEI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Solaris Energy Infrastructure, Inc reported a net income of 21.44M and revenue of 196.24M, resulting in a net margin of 10.9%.

Frequently Asked Questions

Can I hold both LITE and SEI in my portfolio?

LITE and SEI have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LITE or SEI?

SEI has higher volatility (24.74%) compared to LITE (24.25%). In terms of maximum drawdown, LITE dropped -66.89% vs SEI's -79.49%.

Which has better risk-adjusted returns?

LITE currently has the higher Sharpe Ratio (7.86 vs 1.48), 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.