LTBR vs. LAES

Last updated Jun 9, 2026

LTBR (Lightbridge Corporation) and LAES (SEALSQ Corp) are both stocks. LTBR operates in Electrical Equipment & Parts (Industrials), while LAES operates in Semiconductors (Technology). Over the past 3 years, LTBR returned 25.47%/yr vs -31.28%/yr for LAES. At a 0.29 correlation, their price movements are largely independent.

Performance

LTBR vs. LAES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lightbridge Corporation (LTBR) and SEALSQ Corp (LAES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LTBR achieves a -24.84% return, which is significantly lower than LAES's -14.81% return.

LTBR

• 1D: 0.90%
• 1M: -29.26%
• YTD: -24.84%
• 6M: -43.92%
• 1Y: -39.68%
• 3Y*: 25.47%
• 5Y*: 7.20%
• 10Y*: -9.07%

LAES

• 1D: 0.63%
• 1M: 10.27%
• YTD: -14.81%
• 6M: -34.42%
• 1Y: -6.94%
• 3Y*: -31.28%
• 5Y*: —
• 10Y*: —

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

LTBR vs. LAES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LTBR Lightbridge Corporation	-24.84%	167.23%	47.35%	-39.89%
LAES SEALSQ Corp	-14.81%	-38.54%	380.47%	-92.82%

Correlation

The correlation between LTBR and LAES is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (All Time) Calculated using the full available price history since May 24, 2023	0.29

Over the past year, LTBR and LAES have become more correlated (0.54) than their long-term average of 0.29, meaning their price movements have been converging.

Fundamentals

EPS LTBR : -$0.84 LAES : -$0.43
Total Revenue (TTM) LTBR : $0.00 LAES : $35.37M
Gross Profit (TTM) LTBR : $0.00 LAES : $13.21M
EBITDA (TTM) LTBR : -$11.77M LAES : -$41.81M

Return for Risk

LTBR vs. LAES — Risk / Return Rank

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

LTBR

LTBR Risk / Return Rank: 26
LTBR Sharpe Ratio Rank: 25
LTBR Sortino Ratio Rank: 31
LTBR Omega Ratio Rank: 31
LTBR Calmar Ratio Rank: 20
LTBR Martin Ratio Rank: 22

LAES

LAES Risk / Return Rank: 43
LAES Sharpe Ratio Rank: 40
LAES Sortino Ratio Rank: 50
LAES Omega Ratio Rank: 47
LAES Calmar Ratio Rank: 39
LAES Martin Ratio Rank: 39

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.

LTBR vs. LAES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lightbridge Corporation (LTBR) and SEALSQ Corp (LAES). 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.

	LTBR	LAES	Difference
Sharpe ratio: Return per unit of total volatility	-0.40	-0.06	-0.33
Sortino ratio: Return per unit of downside risk	-0.02	0.78	-0.80
Omega ratio: Gain probability vs. loss probability	1.00	1.08	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.60	-0.10	-0.51
Martin ratio: Return relative to average drawdown	-1.00	-0.16	-0.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LTBR vs. LAES - Sharpe Ratio Comparison

The current LTBR Sharpe Ratio is -0.40, which is lower than the LAES Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of LTBR and LAES, 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

	LTBR	LAES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	-0.06	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	-0.28	+0.15

Drawdowns

LTBR vs. LAES - Drawdown Comparison

The maximum LTBR drawdown since its inception was -99.96%, roughly equal to the maximum LAES drawdown of -98.44%. Use the drawdown chart below to compare losses from any high point for LTBR and LAES.

Drawdown Indicators

	LTBR	LAES	Difference
Max Drawdown Largest peak-to-trough decline	-99.96%	-98.44%	-1.52%
Max Drawdown (1Y) Largest decline over 1 year	-66.04%	-72.68%	+6.64%
Max Drawdown (3Y) Largest decline over 3 years	-66.04%	-98.07%	+32.03%
Max Drawdown (5Y) Largest decline over 5 years	-83.72%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-95.69%	—	—
Current Drawdown Current decline from peak	-99.77%	-85.34%	-14.43%
Average Drawdown Average peak-to-trough decline	-95.02%	-84.70%	-10.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.74%	42.96%	-3.22%

Volatility

LTBR vs. LAES - Volatility Comparison

The current volatility for Lightbridge Corporation (LTBR) is 26.37%, while SEALSQ Corp (LAES) has a volatility of 28.36%. This indicates that LTBR experiences smaller price fluctuations and is considered to be less risky than LAES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LTBR	LAES	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.37%	28.36%	-1.99%
Volatility (6M) Calculated over the trailing 6-month period	60.74%	66.00%	-5.26%
Volatility (1Y) Calculated over the trailing 1-year period	100.20%	110.53%	-10.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	109.14%	170.27%	-61.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.15%	170.27%	-64.12%

Dividends

LTBR vs. LAES - Dividend Comparison

Neither LTBR nor LAES has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LTBR and LAES in my portfolio?

LTBR and LAES have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LTBR or LAES?

LAES has higher volatility (28.36%) compared to LTBR (26.37%). In terms of maximum drawdown, LTBR dropped -99.96% vs LAES's -98.44%.

Which has better risk-adjusted returns?

LAES currently has the higher Sharpe Ratio (-0.06 vs -0.40), 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.