LPTH vs. MTN
LPTH (LightPath Technologies, Inc.) and MTN (Vail Resorts, Inc.) are both stocks. LPTH operates in Electronic Components (Technology), while MTN operates in Resorts & Casinos (Consumer Cyclical). Over the past 10 years, LPTH returned 22.79%/yr vs 2.72%/yr for MTN. At a 0.10 correlation, their price movements are largely independent.
Performance
LPTH vs. MTN - Performance Comparison
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Returns By Period
In the year-to-date period, LPTH achieves a 32.04% return, which is significantly higher than MTN's 2.10% return. Over the past 10 years, LPTH has outperformed MTN with an annualized return of 22.79%, while MTN has yielded a comparatively lower 2.72% annualized return.
LPTH
- 1D
- -8.82%
- 1M
- 23.78%
- YTD
- 32.04%
- 6M
- 76.05%
- 1Y
- 360.00%
- 3Y*
- 116.77%
- 5Y*
- 38.88%
- 10Y*
- 22.79%
MTN
- 1D
- -2.22%
- 1M
- 9.67%
- YTD
- 2.10%
- 6M
- -14.80%
- 1Y
- -6.34%
- 3Y*
- -14.67%
- 5Y*
- -12.69%
- 10Y*
- 2.72%
LPTH vs. MTN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPTH LightPath Technologies, Inc. | 32.04% | 205.95% | 180.16% | 3.28% | -50.00% | -37.76% | 440.69% | -51.34% | -32.88% | 44.16% |
MTN Vail Resorts, Inc. | 2.10% | -24.88% | -7.96% | -7.06% | -24.89% | 18.15% | 17.77% | 17.34% | 1.74% | 34.43% |
Correlation
The correlation between LPTH and MTN is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 1997 | 0.10 |
Fundamentals
LPTH:
-$85.64K
MTN:
$5.62
LPTH:
0.00
MTN:
1.28
LPTH:
$19.15T
MTN:
$2.83B
LPTH:
$6.96T
MTN:
$2.12B
LPTH:
-$4.25T
MTN:
$499.82M
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Return for Risk
LPTH vs. MTN — Risk / Return Rank
LPTH
MTN
LPTH vs. MTN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) and Vail Resorts, Inc. (MTN). 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.
| LPTH | MTN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.80 | ||
| Sortino ratioReturn per unit of downside risk | +3.43 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.99 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 10.18 | -0.29 | +10.47 |
| Martin ratioReturn relative to average drawdown | 23.51 | -0.52 | +24.02 |
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Drawdowns
LPTH vs. MTN - Drawdown Comparison
The maximum LPTH drawdown since its inception was -99.65%, which is greater than MTN's maximum drawdown of -77.54%. Use the drawdown chart below to compare losses from any high point for LPTH and MTN.
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Drawdown Indicators
| LPTH | MTN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -77.54% | -22.11% |
Max Drawdown (1Y)Largest decline over 1 year | -40.52% | -26.40% | -14.12% |
Max Drawdown (3Y)Largest decline over 3 years | -61.08% | -45.73% | -15.35% |
Max Drawdown (5Y)Largest decline over 5 years | -64.66% | -61.17% | -3.49% |
Max Drawdown (10Y)Largest decline over 10 years | -86.28% | -61.17% | -25.11% |
Current DrawdownCurrent decline from peak | -78.17% | -56.51% | -21.66% |
Average DrawdownAverage peak-to-trough decline | -86.30% | -26.18% | -60.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.52% | 14.90% | +2.62% |
Volatility
LPTH vs. MTN - Volatility Comparison
LightPath Technologies, Inc. (LPTH) has a higher volatility of 37.05% compared to Vail Resorts, Inc. (MTN) at 8.30%. This indicates that LPTH's price experiences larger fluctuations and is considered to be riskier than MTN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPTH | MTN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.05% | 8.30% | +28.75% |
Volatility (6M)Calculated over the trailing 6-month period | 83.89% | 26.73% | +57.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 115.53% | 33.81% | +81.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.02% | 31.79% | +51.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.57% | 32.31% | +47.26% |
Dividends
LPTH vs. MTN - Dividend Comparison
LPTH has not paid dividends to shareholders, while MTN's dividend yield for the trailing twelve months is around 6.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LPTH LightPath Technologies, 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% |
MTN Vail Resorts, Inc. | 6.66% | 6.69% | 4.74% | 3.86% | 3.21% | 0.54% | 0.63% | 2.94% | 2.79% | 1.98% | 2.01% | 1.95% |
Financials
LPTH vs. MTN - Financials Comparison
This section allows you to compare key financial metrics between LightPath Technologies, Inc. and Vail Resorts, 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
LPTH vs. MTN - Profitability Comparison
LPTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a gross profit of 6.96T and revenue of 19.15T. Therefore, the gross margin over that period was 36.3%.
MTN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vail Resorts, Inc. reported a gross profit of 1.15B and revenue of 1.21B. Therefore, the gross margin over that period was 95.3%.
LPTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported an operating income of -4.25T and revenue of 19.15T, resulting in an operating margin of -22.2%.
MTN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vail Resorts, Inc. reported an operating income of 494.13M and revenue of 1.21B, resulting in an operating margin of 41.0%.
LPTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a net income of -4.11T and revenue of 19.15T, resulting in a net margin of -21.4%.
MTN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vail Resorts, Inc. reported a net income of 314.44M and revenue of 1.21B, resulting in a net margin of 26.1%.
Frequently Asked Questions
LPTH and MTN have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (37.05%) compared to MTN (8.30%). In terms of maximum drawdown, LPTH dropped -99.65% vs MTN's -77.54%.
LPTH currently has the higher Sharpe Ratio (3.57 vs -0.23), 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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