MLTX vs. WOLF

Last updated Jun 9, 2026

MLTX (MoonLake Immunotherapeutics) and WOLF (Wolfspeed, Inc.) are both stocks. MLTX operates in Biotechnology (Healthcare), while WOLF operates in Semiconductors (Technology). At a 0.22 correlation, their price movements are largely independent.

Performance

MLTX vs. WOLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MoonLake Immunotherapeutics (MLTX) and Wolfspeed, Inc. (WOLF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLTX achieves a 36.57% return, which is significantly lower than WOLF's 218.32% return.

MLTX

• 1D: 0.56%
• 1M: 5.51%
• YTD: 36.57%
• 6M: 19.44%
• 1Y: -61.60%
• 3Y*: -14.95%
• 5Y*: 12.25%
• 10Y*: —

WOLF

• 1D: 0.65%
• 1M: 18.93%
• YTD: 218.32%
• 6M: 141.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MLTX vs. WOLF - Yearly Performance Comparison

	2026 (YTD)	2025
MLTX MoonLake Immunotherapeutics	36.57%	111.05%
WOLF Wolfspeed, Inc.	218.32%	-21.22%

Correlation

The correlation between MLTX and WOLF is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.22

Fundamentals

Market Cap MLTX : $1.28B WOLF : $21.77B
EPS MLTX : -$3.90 WOLF : -$11.53
PB Ratio MLTX : 5.05 WOLF : 21.31
Total Revenue (TTM) MLTX : $0.00 WOLF : $712.50M
Gross Profit (TTM) MLTX : -$1.49M WOLF : -$208.10M
EBITDA (TTM) MLTX : -$179.84M WOLF : -$1.26B

Return for Risk

MLTX vs. WOLF — Risk / Return Rank

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

MLTX

MLTX Risk / Return Rank: 34
MLTX Sharpe Ratio Rank: 19
MLTX Sortino Ratio Rank: 49
MLTX Omega Ratio Rank: 63
MLTX Calmar Ratio Rank: 16
MLTX Martin Ratio Rank: 23

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.

MLTX vs. WOLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MoonLake Immunotherapeutics (MLTX) and Wolfspeed, Inc. (WOLF). 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.

	MLTX	WOLF	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	—	—
Sortino ratio: Return per unit of downside risk	0.71	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	-0.69	—	—
Martin ratio: Return relative to average drawdown	-0.98	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MLTX	WOLF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	2.34	-2.22

Drawdowns

MLTX vs. WOLF - Drawdown Comparison

The maximum MLTX drawdown since its inception was -90.22%, which is greater than WOLF's maximum drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for MLTX and WOLF.

Drawdown Indicators

	MLTX	WOLF	Difference
Max Drawdown Largest peak-to-trough decline	-90.22%	-58.22%	-32.00%
Max Drawdown (1Y) Largest decline over 1 year	-89.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-90.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-90.22%	—	—
Current Drawdown Current decline from peak	-71.81%	-24.60%	-47.21%
Average Drawdown Average peak-to-trough decline	-29.24%	-34.87%	+5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	63.21%	—	—

Volatility

Volatility by Period

	MLTX	WOLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	55.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	115.84%	120.69%	-4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.15%	120.69%	-29.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.45%	120.69%	-34.24%

Dividends

MLTX vs. WOLF - Dividend Comparison

Neither MLTX nor WOLF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MLTX and WOLF in my portfolio?

MLTX and WOLF have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.