NVTS vs. ON
NVTS (Navitas Semiconductor Corporation) and ON (ON Semiconductor Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, NVTS returned 1.68%/yr vs 15.88%/yr for ON. Their 0.53 correlation means they have sometimes moved together and sometimes differently.
Performance
NVTS vs. ON - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with NVTS having a 52.10% return and ON slightly lower at 50.71%.
NVTS
- 1D
- -1.36%
- 1M
- -24.90%
- 6M
- 26.57%
- YTD
- 52.10%
- 1Y
- 36.43%
- 3Y*
- 0.09%
- 5Y*
- 1.68%
- 10Y*
- —
- ALL TIME*
- -0.40%
ON
- 1D
- -2.54%
- 1M
- -10.53%
- 6M
- 36.27%
- YTD
- 50.71%
- 1Y
- 43.63%
- 3Y*
- -8.94%
- 5Y*
- 15.88%
- 10Y*
- 23.72%
- ALL TIME*
- 4.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $183.75M | $197.60M | $584.62M | |
| $734.43M | $864.80M | $1.33B |
NVTS vs. ON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NVTS Navitas Semiconductor Corporation | 52.10% | 100.00% | -55.76% | 129.91% | -79.37% | 53.24% |
ON ON Semiconductor Corporation | 50.71% | -14.12% | -24.52% | 33.93% | -8.17% | 82.12% |
Correlation
The correlation between NVTS and ON is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2021 | 0.53 |
The correlation between NVTS and ON has been stable across timeframes, ranging from 0.53 to 0.55 - a consistent structural relationship.
Fundamentals
NVTS:
$2.84B
ON:
$31.76B
NVTS:
-$1.40
ON:
$1.43
NVTS:
66.38
ON:
5.40
NVTS:
3.20
ON:
4.40
NVTS:
$36.54M
ON:
$6.06B
NVTS:
$4.46M
ON:
$2.26B
NVTS:
-$94.43M
ON:
$1.21B
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Return for Risk
NVTS vs. ON — Risk / Return Rank
NVTS
ON
NVTS vs. ON - Risk-Adjusted Trends 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.
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.
| NVTS | ON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | 1.09 | -0.40 |
| Martin ratioReturn relative to average drawdown | 1.23 | 3.12 | -1.89 |
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Drawdowns
NVTS vs. ON - Drawdown Comparison
The maximum NVTS drawdown since its inception was -92.04%, roughly equal to the maximum ON drawdown of -96.34%. Use the drawdown chart below to compare losses from any high point for NVTS and ON.
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Drawdown Indicators
| NVTS | ON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.04% | -96.34% | +4.30% |
Max Drawdown (1Y)Largest decline over 1 year | -69.38% | -41.12% | -28.26% |
Max Drawdown (3Y)Largest decline over 3 years | -83.44% | -69.16% | -14.28% |
Max Drawdown (5Y)Largest decline over 5 years | -92.04% | -70.44% | -21.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.44% | — |
Current DrawdownCurrent decline from peak | -65.84% | -39.07% | -26.77% |
Average DrawdownAverage peak-to-trough decline | -57.96% | -53.78% | -4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.21% | 14.40% | +24.81% |
Volatility
NVTS vs. ON - Volatility Comparison
Navitas Semiconductor Corporation (NVTS) has a higher volatility of 33.07% compared to ON Semiconductor Corporation (ON) at 17.99%. This indicates that NVTS's price experiences larger fluctuations and is considered to be riskier than ON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVTS | ON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.07% | 17.99% | +15.08% |
Volatility (6M)Calculated over the trailing 6-month period | 94.62% | 54.11% | +40.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 126.38% | 63.32% | +63.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 123.19% | 55.46% | +67.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 117.38% | 52.10% | +65.28% |
Dividends
NVTS vs. ON - Dividend Comparison
Neither NVTS nor ON has paid dividends to shareholders.
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
Frequently Asked Questions
NVTS and ON have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVTS has higher volatility (33.07%) compared to ON (17.99%). In terms of maximum drawdown, NVTS dropped -92.04% vs ON's -96.34%.
ON currently has the higher Sharpe Ratio (0.71 vs 0.38), 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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