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.
Key characteristics
| OC | ONTO | |
|---|---|---|
| YTD Return | 30.54% | 14.29% |
| 1Y Return | 55.95% | 28.73% |
| 3Y Return (Ann) | 28.42% | 25.05% |
| 5Y Return (Ann) | 26.08% | 38.61% |
| 10Y Return (Ann) | 20.46% | 28.02% |
| Sharpe Ratio | 1.87 | 0.54 |
| Sortino Ratio | 2.41 | 1.05 |
| Omega Ratio | 1.31 | 1.14 |
| Calmar Ratio | 3.21 | 0.86 |
| Martin Ratio | 9.29 | 2.54 |
| Ulcer Index | 5.99% | 11.40% |
| Daily Std Dev | 29.75% | 53.41% |
| Max Drawdown | -85.22% | -98.56% |
| Current Drawdown | -1.44% | -26.59% |
Fundamentals
| OC | ONTO | |
|---|---|---|
| Market Cap | $16.36B | $8.63B |
| EPS | $11.78 | $3.70 |
| PE Ratio | 16.19 | 47.23 |
| PEG Ratio | 0.82 | 0.87 |
| Total Revenue (TTM) | $10.44B | $942.24M |
| Gross Profit (TTM) | $3.10B | $466.13M |
| EBITDA (TTM) | $2.20B | $223.20M |
Correlation
The correlation between OC and ONTO is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
OC vs. ONTO - Performance Comparison
In the year-to-date period, OC achieves a 30.54% return, which is significantly higher than ONTO's 14.29% return. Over the past 10 years, OC has underperformed ONTO with an annualized return of 20.46%, while ONTO has yielded a comparatively higher 28.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
OC vs. ONTO - Dividend Comparison
OC's dividend yield for the trailing twelve months is around 1.26%, while ONTO has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
OC Owens Corning | 1.26% | 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% |
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. For additional features, visit the drawdowns tool.
Volatility
OC vs. ONTO - Volatility Comparison
The current volatility for Owens Corning (OC) is 6.86%, while Onto Innovation Inc. (ONTO) has a volatility of 17.52%. 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.
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