LPTH vs. OPTX

Last updated Jun 5, 2026

LPTH (LightPath Technologies, Inc.) and OPTX (Syntec Optics Holdings Inc.) are both stocks. Both operate in the Electronic Components industry within the Technology sector. Over the past year, LPTH returned 507.59% vs 736.94% for OPTX. At a 0.21 correlation, their price movements are largely independent.

Performance

LPTH vs. OPTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LightPath Technologies, Inc. (LPTH) and Syntec Optics Holdings Inc. (OPTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LPTH achieves a 63.15% return, which is significantly lower than OPTX's 359.44% return.

LPTH

• 1D: 12.80%
• 1M: 45.62%
• YTD: 63.15%
• 6M: 95.34%
• 1Y: 507.59%
• 3Y*: 128.34%
• 5Y*: 43.96%
• 10Y*: 24.95%

OPTX

• 1D: 4.04%
• 1M: 71.09%
• YTD: 359.44%
• 6M: 800.00%
• 1Y: 736.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LPTH vs. OPTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LPTH LightPath Technologies, Inc.	63.15%	205.95%	180.16%	-15.44%
OPTX Syntec Optics Holdings Inc.	359.44%	13.49%	-49.90%	-3.27%

Correlation

The correlation between LPTH and OPTX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.21

The correlation between LPTH and OPTX shifts across timeframes, from 0.21 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LPTH : $1.03B OPTX : $485.13M
EPS LPTH : -$85.64K OPTX : -$0.05
PS Ratio LPTH : 0.00 OPTX : 17.27
PB Ratio LPTH : 0.00 OPTX : 50.85
Total Revenue (TTM) LPTH : $19.15T OPTX : $28.08M
Gross Profit (TTM) LPTH : $6.96T OPTX : $6.53M
EBITDA (TTM) LPTH : -$4.25T OPTX : $1.52M

Return for Risk

LPTH vs. OPTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LPTH

LPTH Risk / Return Rank: 95
LPTH Sharpe Ratio Rank: 98
LPTH Sortino Ratio Rank: 93
LPTH Omega Ratio Rank: 90
LPTH Calmar Ratio Rank: 98
LPTH Martin Ratio Rank: 98

OPTX

OPTX Risk / Return Rank: 96
OPTX Sharpe Ratio Rank: 99
OPTX Sortino Ratio Rank: 95
OPTX Omega Ratio Rank: 90
OPTX Calmar Ratio Rank: 98
OPTX Martin Ratio Rank: 98

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.

LPTH vs. OPTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) and Syntec Optics Holdings Inc. (OPTX). 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.

	LPTH	OPTX	Difference
Sharpe ratio: Return per unit of total volatility	4.50	5.17	-0.67
Sortino ratio: Return per unit of downside risk	3.67	3.99	-0.32
Omega ratio: Gain probability vs. loss probability	1.44	1.43	+0.01
Calmar ratio: Return relative to maximum drawdown	12.64	13.11	-0.48
Martin ratio: Return relative to average drawdown	29.56	29.77	-0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LPTH vs. OPTX - Sharpe Ratio Comparison

The current LPTH Sharpe Ratio is 4.50, which is comparable to the OPTX Sharpe Ratio of 5.17. The chart below compares the historical Sharpe Ratios of LPTH and OPTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LPTH	OPTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.50	5.17	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.25	-0.22

Drawdowns

LPTH vs. OPTX - Drawdown Comparison

The maximum LPTH drawdown since its inception was -99.65%, which is greater than OPTX's maximum drawdown of -90.40%. Use the drawdown chart below to compare losses from any high point for LPTH and OPTX.

Drawdown Indicators

	LPTH	OPTX	Difference
Max Drawdown Largest peak-to-trough decline	-99.65%	-90.40%	-9.25%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	-56.75%	+16.23%
Max Drawdown (3Y) Largest decline over 3 years	-61.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-69.04%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-86.28%	—	—
Current Drawdown Current decline from peak	-73.02%	-0.68%	-72.34%
Average Drawdown Average peak-to-trough decline	-86.32%	-64.55%	-21.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.28%	24.95%	-7.67%

Volatility

LPTH vs. OPTX - Volatility Comparison

The current volatility for LightPath Technologies, Inc. (LPTH) is 32.49%, while Syntec Optics Holdings Inc. (OPTX) has a volatility of 44.98%. This indicates that LPTH experiences smaller price fluctuations and is considered to be less risky than OPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPTH	OPTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.49%	44.98%	-12.49%
Volatility (6M) Calculated over the trailing 6-month period	81.28%	109.94%	-28.66%
Volatility (1Y) Calculated over the trailing 1-year period	113.79%	143.95%	-30.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.34%	176.29%	-92.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.30%	176.29%	-96.99%

Dividends

LPTH vs. OPTX - Dividend Comparison

Neither LPTH nor OPTX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

LPTH vs. OPTX - Profitability Comparison

The chart below illustrates the profitability comparison between LightPath Technologies, Inc. and Syntec Optics Holdings Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

OPTX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Syntec Optics Holdings Inc. reported a gross profit of 1.77M and revenue of 7.51M. Therefore, the gross margin over that period was 23.6%.

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%.

OPTX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Syntec Optics Holdings Inc. reported an operating income of 318.80K and revenue of 7.51M, resulting in an operating margin of 4.3%.

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%.

OPTX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Syntec Optics Holdings Inc. reported a net income of -343.84K and revenue of 7.51M, resulting in a net margin of -4.6%.

Frequently Asked Questions

Can I hold both LPTH and OPTX in my portfolio?

LPTH and OPTX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LPTH or OPTX?

OPTX has higher volatility (44.98%) compared to LPTH (32.49%). In terms of maximum drawdown, LPTH dropped -99.65% vs OPTX's -90.40%.

Which has better risk-adjusted returns?

OPTX currently has the higher Sharpe Ratio (5.17 vs 4.50), 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.