LPTH vs. SNX
LPTH (LightPath Technologies, Inc.) and SNX (TD SYNNEX Corporation) are both stocks. Both are in the Technology sector — LPTH in Electronic Components, SNX in Information Technology Services. Over the past 10 years, LPTH returned 22.79%/yr vs 21.11%/yr for SNX. At a 0.11 correlation, their price movements are largely independent.
Performance
LPTH vs. SNX - Performance Comparison
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Returns By Period
In the year-to-date period, LPTH achieves a 32.04% return, which is significantly lower than SNX's 87.85% return. Over the past 10 years, LPTH has outperformed SNX with an annualized return of 22.79%, while SNX has yielded a comparatively lower 21.11% 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%
SNX
- 1D
- 1.28%
- 1M
- 21.87%
- YTD
- 87.85%
- 6M
- 81.30%
- 1Y
- 130.17%
- 3Y*
- 45.20%
- 5Y*
- 18.23%
- 10Y*
- 21.11%
LPTH vs. SNX - 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% |
SNX TD SYNNEX Corporation | 87.85% | 29.82% | 10.55% | 15.25% | -16.11% | 41.48% | 26.81% | 61.74% | -39.71% | 13.33% |
Correlation
The correlation between LPTH and SNX is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2003 | 0.11 |
The correlation between LPTH and SNX shifts across timeframes, from 0.11 (all time) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
LPTH:
$836.05M
SNX:
$22.50B
LPTH:
-$85.64K
SNX:
$12.13
LPTH:
0.00
SNX:
0.35
LPTH:
0.00
SNX:
2.56
LPTH:
$19.15T
SNX:
$65.14B
LPTH:
$6.96T
SNX:
$4.43B
LPTH:
-$4.25T
SNX:
$1.91B
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Return for Risk
LPTH vs. SNX — Risk / Return Rank
LPTH
SNX
LPTH vs. SNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) and TD SYNNEX Corporation (SNX). 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 | SNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.66 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 10.18 | 9.01 | +1.17 |
| Martin ratioReturn relative to average drawdown | 23.51 | 22.30 | +1.21 |
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Drawdowns
LPTH vs. SNX - Drawdown Comparison
The maximum LPTH drawdown since its inception was -99.65%, which is greater than SNX's maximum drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for LPTH and SNX.
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Drawdown Indicators
| LPTH | SNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -67.27% | -32.38% |
Max Drawdown (1Y)Largest decline over 1 year | -40.52% | -13.97% | -26.55% |
Max Drawdown (3Y)Largest decline over 3 years | -61.08% | -33.78% | -27.30% |
Max Drawdown (5Y)Largest decline over 5 years | -64.66% | -36.52% | -28.14% |
Max Drawdown (10Y)Largest decline over 10 years | -86.28% | -55.94% | -30.34% |
Current DrawdownCurrent decline from peak | -78.17% | 0.00% | -78.17% |
Average DrawdownAverage peak-to-trough decline | -86.30% | -15.34% | -70.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.52% | 5.64% | +11.88% |
Volatility
LPTH vs. SNX - Volatility Comparison
LightPath Technologies, Inc. (LPTH) has a higher volatility of 37.05% compared to TD SYNNEX Corporation (SNX) at 10.01%. This indicates that LPTH's price experiences larger fluctuations and is considered to be riskier than SNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPTH | SNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.05% | 10.01% | +27.04% |
Volatility (6M)Calculated over the trailing 6-month period | 83.89% | 23.99% | +59.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 115.53% | 30.33% | +85.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.02% | 29.57% | +53.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.57% | 34.54% | +45.03% |
Dividends
LPTH vs. SNX - Dividend Comparison
LPTH has not paid dividends to shareholders, while SNX's dividend yield for the trailing twelve months is around 0.66%.
| 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% |
SNX TD SYNNEX Corporation | 0.66% | 1.17% | 1.36% | 1.30% | 1.27% | 0.70% | 0.25% | 1.16% | 1.73% | 0.77% | 0.70% | 0.64% |
Financials
LPTH vs. SNX - Financials Comparison
This section allows you to compare key financial metrics between LightPath Technologies, Inc. and TD SYNNEX Corporation. 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. SNX - 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%.
SNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported a gross profit of 1.25B and revenue of 17.16B. Therefore, the gross margin over that period was 7.3%.
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%.
SNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported an operating income of 489.36M and revenue of 17.16B, resulting in an operating margin of 2.9%.
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%.
SNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported a net income of 326.92M and revenue of 17.16B, resulting in a net margin of 1.9%.
Frequently Asked Questions
LPTH and SNX have a correlation of 0.20, 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 SNX (10.01%). In terms of maximum drawdown, LPTH dropped -99.65% vs SNX's -67.27%.
SNX currently has the higher Sharpe Ratio (4.15 vs 3.57), 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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