Correlation
The correlation between OC and ONTO is 0.59, 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.
OC vs. ONTO
Compare and contrast key facts about Owens Corning (OC) and Onto Innovation Inc. (ONTO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OC or ONTO.
Performance
OC vs. ONTO - Performance Comparison
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Key characteristics
OC:
-0.66
ONTO:
-0.81
OC:
-0.78
ONTO:
-1.14
OC:
0.91
ONTO:
0.84
OC:
-0.59
ONTO:
-0.96
OC:
-1.25
ONTO:
-1.95
OC:
18.80%
ONTO:
30.83%
OC:
36.26%
ONTO:
72.83%
OC:
-85.22%
ONTO:
-98.56%
OC:
-35.90%
ONTO:
-61.38%
Fundamentals
OC:
$11.51B
ONTO:
$4.49B
OC:
$7.09
ONTO:
$4.42
OC:
18.89
ONTO:
20.80
OC:
1.44
ONTO:
0.64
OC:
1.00
ONTO:
4.38
OC:
2.36
ONTO:
2.42
OC:
$11.21B
ONTO:
$1.03B
OC:
$3.30B
ONTO:
$527.85M
OC:
$1.84B
ONTO:
$254.63M
Returns By Period
In the year-to-date period, OC achieves a -20.66% return, which is significantly higher than ONTO's -44.84% return. Over the past 10 years, OC has underperformed ONTO with an annualized return of 13.83%, while ONTO has yielded a comparatively higher 19.13% annualized return.
OC
-20.66%
-8.05%
-34.28%
-24.88%
13.84%
22.51%
13.83%
ONTO
-44.84%
-23.85%
-44.00%
-57.57%
4.58%
24.22%
19.13%
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Risk-Adjusted Performance
OC vs. ONTO — Risk-Adjusted Performance Rank
OC
ONTO
OC vs. ONTO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Owens Corning (OC) and Onto Innovation Inc. (ONTO). 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.
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Dividends
OC vs. ONTO - Dividend Comparison
OC's dividend yield for the trailing twelve months is around 1.93%, while ONTO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OC Owens Corning | 1.93% | 1.41% | 1.40% | 1.64% | 1.15% | 1.27% | 1.35% | 1.43% | 0.88% | 1.44% | 1.45% | 1.79% |
ONTO Onto Innovation 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% |
Drawdowns
OC vs. ONTO - Drawdown Comparison
The maximum OC drawdown since its inception was -85.22%, smaller than the maximum ONTO drawdown of -98.56%. Use the drawdown chart below to compare losses from any high point for OC and ONTO.
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Volatility
OC vs. ONTO - Volatility Comparison
The current volatility for Owens Corning (OC) is 13.53%, while Onto Innovation Inc. (ONTO) has a volatility of 39.54%. This indicates that OC experiences smaller price fluctuations and is considered to be less risky than ONTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
OC vs. ONTO - Financials Comparison
This section allows you to compare key financial metrics between Owens Corning and Onto Innovation 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
OC vs. ONTO - Profitability Comparison
OC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Owens Corning reported a gross profit of 725.00M and revenue of 2.53B. Therefore, the gross margin over that period was 28.7%.
ONTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Onto Innovation Inc. reported a gross profit of 143.23M and revenue of 266.61M. Therefore, the gross margin over that period was 53.7%.
OC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Owens Corning reported an operating income of 407.00M and revenue of 2.53B, resulting in an operating margin of 16.1%.
ONTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Onto Innovation Inc. reported an operating income of 63.13M and revenue of 266.61M, resulting in an operating margin of 23.7%.
OC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Owens Corning reported a net income of -93.00M and revenue of 2.53B, resulting in a net margin of -3.7%.
ONTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Onto Innovation Inc. reported a net income of 64.10M and revenue of 266.61M, resulting in a net margin of 24.0%.