LYTS vs. ONDS
LYTS (LSI Industries Inc.) and ONDS (Ondas Holdings Inc.) are both stocks. Both are in the Technology sector — LYTS in Electronic Components, ONDS in Communication Equipment. Over the past 5 years, LYTS returned 26.89%/yr vs 2.67%/yr for ONDS. At a 0.15 correlation, their price movements are largely independent.
Performance
LYTS vs. ONDS - Performance Comparison
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Returns By Period
In the year-to-date period, LYTS achieves a 40.24% return, which is significantly higher than ONDS's -4.41% return.
LYTS
- 1D
- -0.78%
- 1M
- 7.52%
- YTD
- 40.24%
- 6M
- 33.74%
- 1Y
- 55.62%
- 3Y*
- 29.03%
- 5Y*
- 26.89%
- 10Y*
- 11.66%
ONDS
- 1D
- -5.09%
- 1M
- 5.30%
- YTD
- -4.41%
- 6M
- 6.63%
- 1Y
- 445.61%
- 3Y*
- 104.56%
- 5Y*
- 2.67%
- 10Y*
- —
LYTS vs. ONDS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LYTS LSI Industries Inc. | 40.24% | -4.68% | 39.69% | 16.79% | 82.88% | -17.98% | 45.70% | 100.79% | -21.60% |
ONDS Ondas Holdings Inc. | -4.41% | 281.25% | 67.32% | -3.77% | -76.30% | -28.08% | -48.17% | 0.00% | 33.33% |
Correlation
The correlation between LYTS and ONDS is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.15 |
Fundamentals
LYTS:
$0.76
ONDS:
$1.54
LYTS:
33.86
ONDS:
6.06
LYTS:
1.33
ONDS:
15.27
LYTS:
$609.84M
ONDS:
$96.60M
LYTS:
$156.38M
ONDS:
$43.33M
LYTS:
$39.60M
ONDS:
-$75.39M
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Return for Risk
LYTS vs. ONDS — Risk / Return Rank
LYTS
ONDS
LYTS vs. ONDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LSI Industries Inc. (LYTS) 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.
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.
| LYTS | ONDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.39 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 8.42 | -6.38 |
| Martin ratioReturn relative to average drawdown | 4.57 | 18.67 | -14.11 |
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Drawdowns
LYTS vs. ONDS - Drawdown Comparison
The maximum LYTS drawdown since its inception was -85.55%, smaller than the maximum ONDS drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for LYTS and ONDS.
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Drawdown Indicators
| LYTS | ONDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.55% | -98.28% | +12.73% |
Max Drawdown (1Y)Largest decline over 1 year | -27.42% | -53.37% | +25.95% |
Max Drawdown (3Y)Largest decline over 3 years | -40.60% | -83.28% | +42.68% |
Max Drawdown (5Y)Largest decline over 5 years | -40.60% | -96.99% | +56.39% |
Max Drawdown (10Y)Largest decline over 10 years | -76.19% | — | — |
Current DrawdownCurrent decline from peak | -0.78% | -52.15% | +51.37% |
Average DrawdownAverage peak-to-trough decline | -38.21% | -71.41% | +33.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.22% | 24.01% | -11.79% |
Volatility
LYTS vs. ONDS - Volatility Comparison
The current volatility for LSI Industries Inc. (LYTS) is 12.58%, while Ondas Holdings Inc. (ONDS) has a volatility of 44.08%. This indicates that LYTS experiences smaller price fluctuations and is considered to be less risky than ONDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LYTS | ONDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.58% | 44.08% | -31.50% |
Volatility (6M)Calculated over the trailing 6-month period | 28.84% | 78.27% | -49.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.80% | 127.45% | -86.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.84% | 113.81% | -69.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.12% | 120.73% | -72.61% |
Dividends
LYTS vs. ONDS - Dividend Comparison
LYTS's dividend yield for the trailing twelve months is around 0.78%, while ONDS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LYTS LSI Industries Inc. | 0.78% | 1.09% | 1.03% | 1.42% | 1.63% | 2.92% | 2.34% | 3.31% | 6.31% | 2.91% | 2.05% | 0.98% |
ONDS Ondas Holdings 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% |
Financials
LYTS vs. ONDS - Financials Comparison
This section allows you to compare key financial metrics between LSI Industries Inc. and Ondas Holdings 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
Frequently Asked Questions
LYTS and ONDS have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONDS has higher volatility (44.08%) compared to LYTS (12.58%). In terms of maximum drawdown, LYTS dropped -85.55% vs ONDS's -98.28%.
ONDS currently has the higher Sharpe Ratio (3.55 vs 1.37), 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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