LPTH vs. UMAC

Last updated Jun 23, 2026

LPTH (LightPath Technologies, Inc.) and UMAC (Unusual Machines, Inc) are both stocks. Both are in the Technology sector — LPTH in Electronic Components, UMAC in Computer Hardware. Over the past year, LPTH returned 380.84% vs 174.57% for UMAC. At a 0.28 correlation, their price movements are largely independent.

Performance

LPTH vs. UMAC - Performance Comparison

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

Returns By Period

In the year-to-date period, LPTH achieves a 37.13% return, which is significantly lower than UMAC's 77.16% return.

LPTH

• 1D: -2.24%
• 1M: -12.63%
• YTD: 37.13%
• 6M: 73.62%
• 1Y: 380.84%
• 3Y*: 123.87%
• 5Y*: 40.97%
• 10Y*: 24.10%

UMAC

• 1D: -9.65%
• 1M: 34.51%
• YTD: 77.16%
• 6M: 89.50%
• 1Y: 174.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LPTH vs. UMAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LPTH LightPath Technologies, Inc.	37.13%	205.95%	140.14%
UMAC Unusual Machines, Inc	77.16%	-24.26%	320.50%

Correlation

The correlation between LPTH and UMAC is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Feb 14, 2024	0.28

The correlation between LPTH and UMAC shifts across timeframes, from 0.28 (all time) to 0.47 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap LPTH : $868.30M UMAC : $1.09B
EPS LPTH : -$85.64K UMAC : -$0.18
PS Ratio LPTH : 0.00 UMAC : 41.37
PB Ratio LPTH : 0.00 UMAC : 3.28
Total Revenue (TTM) LPTH : $19.15T UMAC : $17.25M
Gross Profit (TTM) LPTH : $6.96T UMAC : $5.92M
EBITDA (TTM) LPTH : -$4.25T UMAC : -$28.96M

Return for Risk

LPTH vs. UMAC — Risk / Return Rank

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

LPTH

LPTH Risk / Return Rank: 94
LPTH Sharpe Ratio Rank: 96
LPTH Sortino Ratio Rank: 91
LPTH Omega Ratio Rank: 88
LPTH Calmar Ratio Rank: 97
LPTH Martin Ratio Rank: 96

UMAC

UMAC Risk / Return Rank: 81
UMAC Sharpe Ratio Rank: 79
UMAC Sortino Ratio Rank: 83
UMAC Omega Ratio Rank: 77
UMAC Calmar Ratio Rank: 85
UMAC Martin Ratio Rank: 81

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. UMAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) and Unusual Machines, Inc (UMAC). 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	UMAC	Difference
Sharpe ratio: Return per unit of total volatility	3.33	1.32	+2.01
Sortino ratio: Return per unit of downside risk	3.24	2.45	+0.79
Omega ratio: Gain probability vs. loss probability	1.39	1.27	+0.12
Calmar ratio: Return relative to maximum drawdown	9.47	3.34	+6.14
Martin ratio: Return relative to average drawdown	21.64	6.75	+14.89

LPTH vs. UMAC - Sharpe Ratio Comparison

The current LPTH Sharpe Ratio is 3.33, which is higher than the UMAC Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of LPTH and UMAC, 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

LPTH vs. UMAC - Drawdown Comparison

The maximum LPTH drawdown since its inception was -99.65%, which is greater than UMAC's maximum drawdown of -75.61%. Use the drawdown chart below to compare losses from any high point for LPTH and UMAC.

Drawdown Indicators

	LPTH	UMAC	Difference
Max Drawdown Largest peak-to-trough decline	-99.65%	-75.61%	-24.04%
Max Drawdown (1Y) Largest decline over 1 year	-40.52%	-52.63%	+12.11%
Max Drawdown (3Y) Largest decline over 3 years	-61.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-64.66%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-86.28%	—	—
Current Drawdown Current decline from peak	-77.32%	-32.47%	-44.85%
Average Drawdown Average peak-to-trough decline	-86.29%	-45.97%	-40.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.70%	25.97%	-8.27%

Volatility

LPTH vs. UMAC - Volatility Comparison

The current volatility for LightPath Technologies, Inc. (LPTH) is 35.11%, while Unusual Machines, Inc (UMAC) has a volatility of 61.80%. This indicates that LPTH experiences smaller price fluctuations and is considered to be less risky than UMAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPTH	UMAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.11%	61.80%	-26.69%
Volatility (6M) Calculated over the trailing 6-month period	82.56%	100.24%	-17.68%
Volatility (1Y) Calculated over the trailing 1-year period	115.39%	133.15%	-17.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	83.10%	164.29%	-81.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	79.64%	164.29%	-84.65%

Dividends

LPTH vs. UMAC - Dividend Comparison

Neither LPTH nor UMAC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LPTH and UMAC in my portfolio?

LPTH and UMAC have a correlation of 0.47, 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 UMAC?

UMAC has higher volatility (61.80%) compared to LPTH (35.11%). In terms of maximum drawdown, LPTH dropped -99.65% vs UMAC's -75.61%.

Which has better risk-adjusted returns?

LPTH currently has the higher Sharpe Ratio (3.33 vs 1.32), 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.