LRCX vs. ALAB
LRCX (Lam Research Corporation) and ALAB (Astera Labs, Inc.) are both stocks. Both are in the Technology sector — LRCX in Semiconductor Equipment & Materials, ALAB in Semiconductors. Over the past year, LRCX returned 210.67% vs 127.62% for ALAB. Their 0.51 correlation means they have sometimes moved together and sometimes differently.
Performance
LRCX vs. ALAB - Performance Comparison
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Returns By Period
In the year-to-date period, LRCX achieves a 71.50% return, which is significantly lower than ALAB's 87.08% return.
LRCX
- 1D
- -1.58%
- 1M
- -25.11%
- 6M
- 25.75%
- YTD
- 71.50%
- 1Y
- 210.67%
- 3Y*
- 61.40%
- 5Y*
- 37.09%
- 10Y*
- 43.64%
- ALL TIME*
- 23.67%
ALAB
- 1D
- 3.85%
- 1M
- -27.77%
- 6M
- 106.63%
- YTD
- 87.08%
- 1Y
- 127.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 112.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.26B | $1.54B | $1.91B | |
| $3.65B | $3.82B | $3.92B |
LRCX vs. ALAB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LRCX Lam Research Corporation | 71.50% | 139.16% | -21.80% |
ALAB Astera Labs, Inc. | 87.08% | 25.60% | 152.00% |
Correlation
The correlation between LRCX and ALAB is 0.50, 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. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024 | 0.51 |
The correlation between LRCX and ALAB has been stable across timeframes, ranging from 0.50 to 0.51 - a consistent structural relationship.
Fundamentals
LRCX:
$366.44B
ALAB:
$53.35B
LRCX:
$5.75
ALAB:
$1.48
LRCX:
50.95
ALAB:
210.48
LRCX:
15.93
ALAB:
56.25
LRCX:
29.63
ALAB:
37.74
LRCX:
$23.23B
ALAB:
$1.00B
LRCX:
$11.73B
ALAB:
$760.99M
LRCX:
$8.70B
ALAB:
$253.12M
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Return for Risk
LRCX vs. ALAB — Risk / Return Rank
LRCX
ALAB
LRCX vs. ALAB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lam Research Corporation (LRCX) and Astera Labs, Inc. (ALAB). 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.
| LRCX | ALAB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.26 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 5.08 | 2.13 | +2.95 |
| Martin ratioReturn relative to average drawdown | 21.44 | 4.03 | +17.41 |
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Drawdowns
LRCX vs. ALAB - Drawdown Comparison
The maximum LRCX drawdown since its inception was -87.90%, which is greater than ALAB's maximum drawdown of -63.69%. Use the drawdown chart below to compare losses from any high point for LRCX and ALAB.
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Drawdown Indicators
| LRCX | ALAB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.90% | -63.69% | -24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -41.76% | -60.19% | +18.43% |
Max Drawdown (3Y)Largest decline over 3 years | -47.10% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -56.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.39% | — | — |
Current DrawdownCurrent decline from peak | -32.38% | -35.57% | +3.19% |
Average DrawdownAverage peak-to-trough decline | -28.13% | -29.00% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.87% | 31.79% | -21.92% |
Volatility
LRCX vs. ALAB - Volatility Comparison
The current volatility for Lam Research Corporation (LRCX) is 27.34%, while Astera Labs, Inc. (ALAB) has a volatility of 34.17%. This indicates that LRCX experiences smaller price fluctuations and is considered to be less risky than ALAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRCX | ALAB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.34% | 34.17% | -6.83% |
Volatility (6M)Calculated over the trailing 6-month period | 52.39% | 77.73% | -25.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.10% | 100.79% | -37.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.97% | 95.32% | -46.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.20% | 95.32% | -49.12% |
Dividends
LRCX vs. ALAB - Dividend Comparison
LRCX's dividend yield for the trailing twelve months is around 0.35%, while ALAB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALAB Astera Labs, 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% |
LRCX Lam Research Corporation | 0.35% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Financials
LRCX vs. ALAB - Financials Comparison
This section allows you to compare key financial metrics between Lam Research Corporation and Astera Labs, 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
LRCX vs. ALAB - Profitability Comparison
LRCX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Lam Research Corporation reported a gross profit of 3.48B and revenue of 6.72B. Therefore, the gross margin over that period was 51.8%.
ALAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Astera Labs, Inc. reported a gross profit of 235.14M and revenue of 308.36M. Therefore, the gross margin over that period was 76.3%.
LRCX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Lam Research Corporation reported an operating income of 2.51B and revenue of 6.72B, resulting in an operating margin of 37.4%.
ALAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Astera Labs, Inc. reported an operating income of 61.83M and revenue of 308.36M, resulting in an operating margin of 20.1%.
LRCX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Lam Research Corporation reported a net income of 2.28B and revenue of 6.72B, resulting in a net margin of 33.9%.
ALAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Astera Labs, Inc. reported a net income of 80.31M and revenue of 308.36M, resulting in a net margin of 26.0%.
Frequently Asked Questions
LRCX and ALAB have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALAB has higher volatility (34.17%) compared to LRCX (27.34%). In terms of maximum drawdown, LRCX dropped -87.90% vs ALAB's -63.69%.
LRCX currently has the higher Sharpe Ratio (3.37 vs 1.28), 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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