NVTS vs. ON
Compare and contrast key facts about Navitas Semiconductor Corporation (NVTS) and ON Semiconductor Corporation (ON).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVTS or ON.
Correlation
The correlation between NVTS and ON is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVTS vs. ON - Performance Comparison
Key characteristics
NVTS:
-0.60
ON:
-0.74
NVTS:
-0.63
ON:
-0.94
NVTS:
0.93
ON:
0.89
NVTS:
-0.65
ON:
-0.60
NVTS:
-1.42
ON:
-1.60
NVTS:
42.26%
ON:
26.35%
NVTS:
100.26%
ON:
57.57%
NVTS:
-92.04%
ON:
-96.36%
NVTS:
-90.67%
ON:
-62.09%
Fundamentals
NVTS:
$390.59M
ON:
$16.05B
NVTS:
-$0.46
ON:
$1.44
NVTS:
4.69
ON:
2.27
NVTS:
1.10
ON:
2.00
NVTS:
$74.15M
ON:
$6.67B
NVTS:
$19.36M
ON:
$2.64B
NVTS:
-$113.44M
ON:
$1.30B
Returns By Period
In the year-to-date period, NVTS achieves a -47.34% return, which is significantly lower than ON's -35.00% return.
NVTS
-47.34%
-1.05%
-12.96%
-59.91%
N/A
N/A
ON
-35.00%
4.54%
-41.80%
-42.49%
19.12%
12.72%
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Risk-Adjusted Performance
NVTS vs. ON — Risk-Adjusted Performance Rank
NVTS
ON
NVTS vs. ON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Navitas Semiconductor Corporation (NVTS) and ON Semiconductor Corporation (ON). 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.
Dividends
NVTS vs. ON - Dividend Comparison
Neither NVTS nor ON has paid dividends to shareholders.
Drawdowns
NVTS vs. ON - Drawdown Comparison
The maximum NVTS drawdown since its inception was -92.04%, roughly equal to the maximum ON drawdown of -96.36%. Use the drawdown chart below to compare losses from any high point for NVTS and ON. For additional features, visit the drawdowns tool.
Volatility
NVTS vs. ON - Volatility Comparison
The current volatility for Navitas Semiconductor Corporation (NVTS) is 17.75%, while ON Semiconductor Corporation (ON) has a volatility of 20.26%. This indicates that NVTS experiences smaller price fluctuations and is considered to be less risky than ON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVTS vs. ON - Financials Comparison
This section allows you to compare key financial metrics between Navitas Semiconductor Corporation and ON Semiconductor Corporation. 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