LTRX vs. SOUN

Last updated Jun 4, 2026

LTRX (Lantronix, Inc.) and SOUN (SoundHound AI Inc) are both stocks. Both are in the Technology sector — LTRX in Communication Equipment, SOUN in Software - Application. Over the past 3 years, LTRX returned 21.03%/yr vs 40.71%/yr for SOUN. At a 0.21 correlation, their price movements are largely independent.

Performance

LTRX vs. SOUN - Performance Comparison

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

Returns By Period

In the year-to-date period, LTRX achieves a 27.99% return, which is significantly higher than SOUN's -18.96% return.

LTRX

• 1D: -5.54%
• 1M: 11.28%
• YTD: 27.99%
• 6M: 33.45%
• 1Y: 240.91%
• 3Y*: 21.03%
• 5Y*: 6.25%
• 10Y*: 21.50%

SOUN

• 1D: -8.39%
• 1M: -14.68%
• YTD: -18.96%
• 6M: -31.41%
• 1Y: -18.63%
• 3Y*: 40.71%
• 5Y*: —
• 10Y*: —

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

LTRX vs. SOUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LTRX Lantronix, Inc.	27.99%	42.23%	-29.69%	35.65%	-14.79%
SOUN SoundHound AI Inc	-18.96%	-49.75%	835.85%	19.77%	-76.40%

Correlation

The correlation between LTRX and SOUN is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Apr 29, 2022	0.21

Fundamentals

Market Cap LTRX : $296.04M SOUN : $2.73B
EPS LTRX : -$0.17 SOUN : -$0.43
PS Ratio LTRX : 2.48 SOUN : 17.23
PB Ratio LTRX : 3.98 SOUN : 5.94
Total Revenue (TTM) LTRX : $118.58M SOUN : $183.99M
Gross Profit (TTM) LTRX : $50.86M SOUN : $69.84M
EBITDA (TTM) LTRX : -$2.24M SOUN : -$124.47M

Return for Risk

LTRX vs. SOUN — Risk / Return Rank

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

LTRX

LTRX Risk / Return Rank: 93
LTRX Sharpe Ratio Rank: 95
LTRX Sortino Ratio Rank: 91
LTRX Omega Ratio Rank: 90
LTRX Calmar Ratio Rank: 96
LTRX Martin Ratio Rank: 95

SOUN

SOUN Risk / Return Rank: 33
SOUN Sharpe Ratio Rank: 31
SOUN Sortino Ratio Rank: 34
SOUN Omega Ratio Rank: 33
SOUN Calmar Ratio Rank: 32
SOUN Martin Ratio Rank: 33

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. SOUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lantronix, Inc. (LTRX) and SoundHound AI Inc (SOUN). 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	SOUN	Difference
Sharpe ratio Return per unit of total volatility	3.16	-0.23	+3.39
Sortino ratio Return per unit of downside risk	3.33	0.22	+3.11
Omega ratio Gain probability vs. loss probability	1.43	1.02	+0.40
Calmar ratio Return relative to maximum drawdown	8.09	-0.26	+8.34
Martin ratio Return relative to average drawdown	20.49	-0.42	+20.92
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. SOUN - Sharpe Ratio Comparison

The current LTRX Sharpe Ratio is 3.16, which is higher than the SOUN Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of LTRX and SOUN, 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

	LTRX	SOUN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.16	-0.23	+3.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	0.01	-0.10

Drawdowns

LTRX vs. SOUN - Drawdown Comparison

The maximum LTRX drawdown since its inception was -98.71%, which is greater than SOUN's maximum drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for LTRX and SOUN.

Drawdown Indicators

	LTRX	SOUN	Difference
Max Drawdown Largest peak-to-trough decline	-98.71%	-93.55%	-5.16%
Max Drawdown (1Y) Largest decline over 1 year	-30.00%	-72.43%	+42.43%
Max Drawdown (3Y) Largest decline over 3 years	-71.72%	-75.65%	+3.93%
Max Drawdown (5Y) Largest decline over 5 years	-80.34%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.34%	—	—
Current Drawdown Current decline from peak	-88.37%	-66.65%	-21.72%
Average Drawdown Average peak-to-trough decline	-89.56%	-66.95%	-22.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.81%	43.94%	-32.13%

Volatility

LTRX vs. SOUN - Volatility Comparison

Lantronix, Inc. (LTRX) has a higher volatility of 29.24% compared to SoundHound AI Inc (SOUN) at 18.41%. This indicates that LTRX's price experiences larger fluctuations and is considered to be riskier than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LTRX	SOUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.24%	18.41%	+10.83%
Volatility (6M) Calculated over the trailing 6-month period	53.97%	52.01%	+1.96%
Volatility (1Y) Calculated over the trailing 1-year period	76.84%	80.52%	-3.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.72%	136.48%	-67.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.47%	136.48%	-69.01%

Dividends

LTRX vs. SOUN - Dividend Comparison

Neither LTRX nor SOUN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LTRX and SOUN in my portfolio?

LTRX and SOUN have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LTRX or SOUN?

LTRX has higher volatility (29.24%) compared to SOUN (18.41%). In terms of maximum drawdown, LTRX dropped -98.71% vs SOUN's -93.55%.

Which has better risk-adjusted returns?

LTRX currently has the higher Sharpe Ratio (3.16 vs -0.23), 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.