LITE vs. TSEM
LITE (Lumentum Holdings Inc.) and TSEM (Tower Semiconductor Ltd) are both stocks. Both are in the Technology sector — LITE in Communication Equipment, TSEM in Semiconductors. Over the past 10 years, LITE returned 37.14%/yr vs 32.46%/yr for TSEM. Their 0.45 correlation means their historical movements had little consistent relationship.
Performance
LITE vs. TSEM - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with LITE having a 93.16% return and TSEM slightly lower at 90.95%. Over the past 10 years, LITE has outperformed TSEM with an annualized return of 37.14%, while TSEM has yielded a comparatively lower 32.46% annualized return.
LITE
- 1D
- -6.69%
- 1M
- -12.85%
- 6M
- 114.16%
- YTD
- 93.16%
- 1Y
- 581.17%
- 3Y*
- 138.68%
- 5Y*
- 53.59%
- 10Y*
- 37.14%
- ALL TIME*
- 36.05%
TSEM
- 1D
- -3.93%
- 1M
- -10.28%
- 6M
- 76.47%
- YTD
- 90.95%
- 1Y
- 376.84%
- 3Y*
- 81.97%
- 5Y*
- 53.12%
- 10Y*
- 32.46%
- ALL TIME*
- 0.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.19B | $3.24B | $4.88B | |
| $463.92M | $417.71M | $507.36M |
LITE vs. TSEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LITE Lumentum Holdings Inc. | 93.16% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 88.76% | -14.09% | 26.52% |
TSEM Tower Semiconductor Ltd | 90.95% | 127.96% | 68.77% | -29.35% | 8.87% | 53.68% | 7.32% | 63.23% | -56.75% | 79.09% |
Correlation
The correlation between LITE and TSEM is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.45 |
The correlation between LITE and TSEM shifts across timeframes, from 0.45 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
LITE:
$55.39B
TSEM:
$25.06B
LITE:
$5.03
TSEM:
$2.15
LITE:
141.51
TSEM:
104.26
LITE:
25.02
TSEM:
15.78
LITE:
23.03
TSEM:
8.62
LITE:
$2.49B
TSEM:
$1.62B
LITE:
$938.50M
TSEM:
$401.63M
LITE:
$470.10M
TSEM:
$571.93M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LITE vs. TSEM — Risk / Return Rank
LITE
TSEM
LITE vs. TSEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lumentum Holdings Inc. (LITE) and Tower Semiconductor Ltd (TSEM). 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 | TSEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.54 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 17.44 | 11.47 | +5.97 |
| Martin ratioReturn relative to average drawdown | 51.36 | 36.59 | +14.77 |
Loading charts...
Drawdowns
LITE vs. TSEM - Drawdown Comparison
The maximum LITE drawdown since its inception was -66.89%, smaller than the maximum TSEM drawdown of -99.75%. Use the drawdown chart below to compare losses from any high point for LITE and TSEM.
Loading charts...
Drawdown Indicators
| LITE | TSEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.89% | -99.75% | +32.86% |
Max Drawdown (1Y)Largest decline over 1 year | -33.63% | -33.11% | -0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -50.63% | -45.83% | -4.80% |
Max Drawdown (5Y)Largest decline over 5 years | -66.48% | -55.39% | -11.09% |
Max Drawdown (10Y)Largest decline over 10 years | -66.89% | -62.28% | -4.61% |
Current DrawdownCurrent decline from peak | -32.39% | -62.52% | +30.13% |
Average DrawdownAverage peak-to-trough decline | -23.57% | -85.28% | +61.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.39% | 10.36% | +1.03% |
Volatility
LITE vs. TSEM - Volatility Comparison
Lumentum Holdings Inc. (LITE) and Tower Semiconductor Ltd (TSEM) have volatilities of 27.16% and 26.62%, 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.
Loading charts...
Volatility by Period
| LITE | TSEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.16% | 26.62% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 68.98% | 63.50% | +5.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 91.23% | 74.95% | +16.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.42% | 49.31% | +12.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.15% | 44.67% | +12.48% |
Dividends
LITE vs. TSEM - Dividend Comparison
Neither LITE nor TSEM has paid dividends to shareholders.
Financials
LITE vs. TSEM - Financials Comparison
This section allows you to compare key financial metrics between Lumentum Holdings Inc. and Tower Semiconductor Ltd. 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. TSEM - Profitability Comparison
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%.
TSEM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Tower Semiconductor Ltd reported a gross profit of 110.95M and revenue of 413.63M. Therefore, the gross margin over that period was 26.8%.
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%.
TSEM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Tower Semiconductor Ltd reported an operating income of 64.57M and revenue of 413.63M, resulting in an operating margin of 15.6%.
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%.
TSEM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Tower Semiconductor Ltd reported a net income of 65.03M and revenue of 413.63M, resulting in a net margin of 15.7%.
Frequently Asked Questions
LITE and TSEM have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LITE has higher volatility (27.16%) compared to TSEM (26.62%). In terms of maximum drawdown, LITE dropped -66.89% vs TSEM's -99.75%.
LITE currently has the higher Sharpe Ratio (6.44 vs 5.08), 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.
Find the right allocation for LITE and TSEM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer