MPTI vs. CBOE

Last updated Jul 14, 2026

MPTI (M-tron Industries Inc) and CBOE (Cboe Global Markets, Inc.) are both stocks. MPTI operates in Electronic Components (Technology), while CBOE operates in Financial Data & Stock Exchanges (Financial Services). Over the past 3 years, MPTI returned 107.22%/yr vs 26.54%/yr for CBOE. At a correlation of -0.05, they often move in opposite directions.

Performance

MPTI vs. CBOE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in M-tron Industries Inc (MPTI) and Cboe Global Markets, Inc. (CBOE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MPTI achieves a 53.96% return, which is significantly higher than CBOE's 10.91% return.

MPTI

• 1D: -6.71%
• 1M: -16.90%
• 6M: 26.31%
• YTD: 53.96%
• 1Y: 108.76%
• 3Y*: 107.22%
• 5Y*: —
• 10Y*: —

CBOE

• 1D: 3.38%
• 1M: -6.03%
• 6M: 5.47%
• YTD: 10.91%
• 1Y: 19.16%
• 3Y*: 26.54%
• 5Y*: 20.58%
• 10Y*: 16.52%

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

MPTI vs. CBOE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MPTI M-tron Industries Inc	53.96%	31.87%	35.66%	308.00%	9.37%
CBOE Cboe Global Markets, Inc.	10.91%	29.96%	10.74%	44.37%	7.33%

Correlation

The correlation between MPTI and CBOE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Oct 3, 2022	-0.05

Fundamentals

Market Cap MPTI : $248.86M CBOE : $29.00B
EPS MPTI : $2.78 CBOE : $11.77
PE Ratio MPTI : 29.47 CBOE : 23.55
PEG Ratio MPTI : 0.52 CBOE : 0.44
PS Ratio MPTI : 4.81 CBOE : 6.07
PB Ratio MPTI : 4.01 CBOE : 5.42
Total Revenue (TTM) MPTI : $56.37M CBOE : $4.79B
Gross Profit (TTM) MPTI : $25.34M CBOE : $2.50B
EBITDA (TTM) MPTI : $12.24M CBOE : $1.87B

Return for Risk

MPTI vs. CBOE — Risk / Return Rank

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

MPTI

MPTI Risk / Return Rank: 91
MPTI Sharpe Ratio Rank: 92
MPTI Sortino Ratio Rank: 89
MPTI Omega Ratio Rank: 87
MPTI Calmar Ratio Rank: 94
MPTI Martin Ratio Rank: 95

CBOE

CBOE Risk / Return Rank: 62
CBOE Sharpe Ratio Rank: 66
CBOE Sortino Ratio Rank: 59
CBOE Omega Ratio Rank: 61
CBOE Calmar Ratio Rank: 58
CBOE Martin Ratio Rank: 64

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.

MPTI vs. CBOE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for M-tron Industries Inc (MPTI) and Cboe Global Markets, Inc. (CBOE). 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.

	MPTI	CBOE	Difference
Sharpe ratio: Return per unit of total volatility	2.03	0.62	+1.41
Sortino ratio: Return per unit of downside risk	2.74	0.99	+1.75
Omega ratio: Gain probability vs. loss probability	1.33	1.14	+0.19
Calmar ratio: Return relative to maximum drawdown	4.72	0.52	+4.20
Martin ratio: Return relative to average drawdown	14.83	1.92	+12.91

MPTI vs. CBOE - Sharpe Ratio Comparison

The current MPTI Sharpe Ratio is 2.03, which is higher than the CBOE Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of MPTI and CBOE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MPTI vs. CBOE - Drawdown Comparison

The maximum MPTI drawdown since its inception was -49.99%, which is greater than CBOE's maximum drawdown of -43.23%. Use the drawdown chart below to compare losses from any high point for MPTI and CBOE.

Drawdown Indicators

	MPTI	CBOE	Difference
Max Drawdown Largest peak-to-trough decline	-49.99%	-43.23%	-6.76%
Max Drawdown (1Y) Largest decline over 1 year	-23.16%	-36.73%	+13.57%
Max Drawdown (3Y) Largest decline over 3 years	-49.99%	-36.73%	-13.26%
Max Drawdown (5Y) Largest decline over 5 years	—	-36.73%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.23%	—
Current Drawdown Current decline from peak	-18.67%	-24.27%	+5.60%
Average Drawdown Average peak-to-trough decline	-18.53%	-11.49%	-7.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.36%	10.01%	-2.65%

Volatility

MPTI vs. CBOE - Volatility Comparison

M-tron Industries Inc (MPTI) has a higher volatility of 16.91% compared to Cboe Global Markets, Inc. (CBOE) at 15.84%. This indicates that MPTI's price experiences larger fluctuations and is considered to be riskier than CBOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MPTI	CBOE	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.91%	15.84%	+1.07%
Volatility (6M) Calculated over the trailing 6-month period	40.25%	28.24%	+12.01%
Volatility (1Y) Calculated over the trailing 1-year period	53.94%	31.12%	+22.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.45%	24.05%	+53.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.45%	25.77%	+51.68%

Dividends

MPTI vs. CBOE - Dividend Comparison

MPTI has not paid dividends to shareholders, while CBOE's dividend yield for the trailing twelve months is around 1.04%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CBOE Cboe Global Markets, Inc.	1.04%	1.08%	1.21%	1.18%	1.56%	1.38%	1.68%	1.12%	1.19%	0.83%	1.30%	1.36%
MPTI M-tron Industries 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

MPTI vs. CBOE - Profitability Comparison

The chart below illustrates the profitability comparison between M-tron Industries Inc and Cboe Global Markets, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MPTI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, M-tron Industries Inc reported a gross profit of 6.59M and revenue of 14.69M. Therefore, the gross margin over that period was 44.9%.

CBOE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a gross profit of 669.90M and revenue of 1.27B. Therefore, the gross margin over that period was 52.6%.

MPTI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, M-tron Industries Inc reported an operating income of 2.61M and revenue of 14.69M, resulting in an operating margin of 17.8%.

CBOE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported an operating income of 505.60M and revenue of 1.27B, resulting in an operating margin of 39.7%.

MPTI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, M-tron Industries Inc reported a net income of 2.39M and revenue of 14.69M, resulting in a net margin of 16.3%.

CBOE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a net income of 385.70M and revenue of 1.27B, resulting in a net margin of 30.3%.

Frequently Asked Questions

Can I hold both MPTI and CBOE in my portfolio?

MPTI and CBOE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MPTI or CBOE?

MPTI has higher volatility (16.91%) compared to CBOE (15.84%). In terms of maximum drawdown, MPTI dropped -49.99% vs CBOE's -43.23%.

Which has better risk-adjusted returns?

MPTI currently has the higher Sharpe Ratio (2.03 vs 0.62), 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.