LTRX vs. ONDS

Last updated Apr 2, 2026

Compare and contrast key facts about Lantronix, Inc. (LTRX) and Ondas Holdings Inc. (ONDS).

Performance

LTRX vs. ONDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lantronix, Inc. (LTRX) and Ondas Holdings Inc. (ONDS). The values are adjusted to include any dividend payments, if applicable.

LTRX vs. ONDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LTRX Lantronix, Inc.	-10.07%	42.23%	-29.69%	35.65%	-44.83%	76.35%	25.07%	20.75%	-29.50%
ONDS Ondas Holdings Inc.	-9.73%	281.25%	67.32%	-3.77%	-76.30%	-28.08%	-48.17%	0.00%	33.33%

Fundamentals

EPS LTRX : -$0.24 ONDS : -$0.97
PS Ratio LTRX : 1.77 ONDS : 23.77
Total Revenue (TTM) LTRX : $116.91M ONDS : $50.73M
Gross Profit (TTM) LTRX : $50.25M ONDS : $20.16M
EBITDA (TTM) LTRX : -$5.27M ONDS : -$21.57M

Returns By Period

The year-to-date returns for both investments are quite close, with LTRX having a -10.07% return and ONDS slightly higher at -9.73%.

LTRX

• 1D: 0.57%
• 1M: -14.17%
• YTD: -10.07%
• 6M: 14.81%
• 1Y: 116.43%
• 3Y*: 6.69%
• 5Y*: 2.94%
• 10Y*: 19.88%

ONDS

• 1D: -2.54%
• 1M: -17.43%
• YTD: -9.73%
• 6M: 20.52%
• 1Y: 700.91%
• 3Y*: 101.30%
• 5Y*: -1.37%
• 10Y*: —

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

Return for Risk

LTRX vs. ONDS — Risk / Return Rank

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

LTRX

LTRX Risk / Return Rank: 84
LTRX Sharpe Ratio Rank: 84
LTRX Sortino Ratio Rank: 83
LTRX Omega Ratio Rank: 79
LTRX Calmar Ratio Rank: 88
LTRX Martin Ratio Rank: 88

ONDS

ONDS Risk / Return Rank: 97
ONDS Sharpe Ratio Rank: 99
ONDS Sortino Ratio Rank: 96
ONDS Omega Ratio Rank: 92
ONDS Calmar Ratio Rank: 99
ONDS Martin Ratio Rank: 99

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.

LTRX vs. ONDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lantronix, Inc. (LTRX) and Ondas Holdings Inc. (ONDS). 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.

	LTRX	ONDS	Difference
Sharpe ratio Return per unit of total volatility	1.56	5.44	-3.88
Sortino ratio Return per unit of downside risk	2.32	3.88	-1.56
Omega ratio Gain probability vs. loss probability	1.28	1.44	-0.16
Calmar ratio Return relative to maximum drawdown	3.72	13.55	-9.83
Martin ratio Return relative to average drawdown	9.58	32.08	-22.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LTRX vs. ONDS - Sharpe Ratio Comparison

The current LTRX Sharpe Ratio is 1.56, which is lower than the ONDS Sharpe Ratio of 5.44. The chart below compares the historical Sharpe Ratios of LTRX and ONDS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LTRX	ONDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	5.44	-3.88
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.04	-0.01	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.11	-0.06	-0.05

Correlation

The correlation between LTRX and ONDS is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

LTRX vs. ONDS - Dividend Comparison

Neither LTRX nor ONDS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

LTRX vs. ONDS - Drawdown Comparison

The maximum LTRX drawdown since its inception was -98.71%, roughly equal to the maximum ONDS drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for LTRX and ONDS.

Drawdown Indicators

	LTRX	ONDS	Difference
Max Drawdown Largest peak-to-trough decline	-98.71%	-98.28%	-0.43%
Max Drawdown (1Y) Largest decline over 1 year	-30.00%	-53.37%	+23.37%
Max Drawdown (5Y) Largest decline over 5 years	-80.34%	-96.99%	+16.65%
Max Drawdown (10Y) Largest decline over 10 years	-80.34%	—	—
Current Drawdown Current decline from peak	-91.83%	-54.82%	-37.01%
Average Drawdown Average peak-to-trough decline	-89.56%	-72.24%	-17.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.65%	22.55%	-10.90%

Volatility

LTRX vs. ONDS - Volatility Comparison

Lantronix, Inc. (LTRX) and Ondas Holdings Inc. (ONDS) have volatilities of 24.50% and 25.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LTRX	ONDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.50%	25.10%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	53.79%	91.82%	-38.03%
Volatility (1Y) Calculated over the trailing 1-year period	74.95%	130.11%	-55.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.09%	113.48%	-45.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.33%	121.01%	-53.68%

Financials