OLED vs. DRS
OLED (Universal Display Corporation) and DRS (Leonardo DRS Inc. Common Stock) are both stocks. OLED operates in Semiconductor Equipment & Materials (Technology), while DRS operates in Aerospace & Defense (Industrials). Over the past 3 years, OLED returned -13.73%/yr vs 42.71%/yr for DRS. At a 0.30 correlation, their price movements are largely independent.
Performance
OLED vs. DRS - Performance Comparison
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Returns By Period
In the year-to-date period, OLED achieves a -23.54% return, which is significantly lower than DRS's 37.10% return.
OLED
- 1D
- 3.15%
- 1M
- -3.19%
- YTD
- -23.54%
- 6M
- -26.66%
- 1Y
- -40.39%
- 3Y*
- -13.73%
- 5Y*
- -15.39%
- 10Y*
- 3.20%
DRS
- 1D
- 0.87%
- 1M
- 12.79%
- YTD
- 37.10%
- 6M
- 37.79%
- 1Y
- 5.81%
- 3Y*
- 42.71%
- 5Y*
- —
- 10Y*
- —
OLED vs. DRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OLED Universal Display Corporation | -23.54% | -19.07% | -22.88% | 78.64% | 0.43% |
DRS Leonardo DRS Inc. Common Stock | 37.10% | 6.56% | 61.23% | 56.81% | 10.65% |
Correlation
The correlation between OLED and DRS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2022 | 0.30 |
The correlation between OLED and DRS shifts across timeframes, from 0.15 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
OLED:
$4.49
DRS:
$1.44
OLED:
19.78
DRS:
32.36
OLED:
2.71
DRS:
1.92
OLED:
6.74
DRS:
2.54
OLED:
$626.55M
DRS:
$3.70B
OLED:
$465.05M
DRS:
$894.00M
OLED:
$277.56M
DRS:
$433.00M
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Return for Risk
OLED vs. DRS — Risk / Return Rank
OLED
DRS
OLED vs. DRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Universal Display Corporation (OLED) and Leonardo DRS Inc. Common Stock (DRS). 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.
| OLED | DRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.08 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.06 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.88 | 0.18 | -1.06 |
| Martin ratioReturn relative to average drawdown | -1.52 | 0.36 | -1.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OLED | DRS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.06 | 0.15 | -1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.07 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 1.34 | -1.21 |
Drawdowns
OLED vs. DRS - Drawdown Comparison
The maximum OLED drawdown since its inception was -85.55%, which is greater than DRS's maximum drawdown of -32.48%. Use the drawdown chart below to compare losses from any high point for OLED and DRS.
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Drawdown Indicators
| OLED | DRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.55% | -32.48% | -53.07% |
Max Drawdown (1Y)Largest decline over 1 year | -45.99% | -32.48% | -13.51% |
Max Drawdown (3Y)Largest decline over 3 years | -62.74% | -32.48% | -30.26% |
Max Drawdown (5Y)Largest decline over 5 years | -62.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.20% | — | — |
Current DrawdownCurrent decline from peak | -64.11% | -4.53% | -59.58% |
Average DrawdownAverage peak-to-trough decline | -45.19% | -7.23% | -37.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.64% | 16.05% | +10.59% |
Volatility
OLED vs. DRS - Volatility Comparison
Universal Display Corporation (OLED) and Leonardo DRS Inc. Common Stock (DRS) have volatilities of 11.17% and 11.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OLED | DRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.17% | 11.11% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 29.29% | 30.76% | -1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.14% | 39.89% | -1.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.81% | 38.47% | +5.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.45% | 38.47% | +8.98% |
Dividends
OLED vs. DRS - Dividend Comparison
OLED's dividend yield for the trailing twelve months is around 2.08%, more than DRS's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DRS Leonardo DRS Inc. Common Stock | 0.77% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OLED Universal Display Corporation | 2.08% | 1.54% | 1.09% | 0.73% | 1.11% | 0.48% | 0.26% | 0.19% | 0.26% | 0.07% |
Financials
OLED vs. DRS - Financials Comparison
This section allows you to compare key financial metrics between Universal Display Corporation and Leonardo DRS Inc. Common Stock. 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
OLED vs. DRS - Profitability Comparison
OLED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported a gross profit of 106.09M and revenue of 142.21M. Therefore, the gross margin over that period was 74.6%.
DRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a gross profit of 212.00M and revenue of 846.00M. Therefore, the gross margin over that period was 25.1%.
OLED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported an operating income of 42.75M and revenue of 142.21M, resulting in an operating margin of 30.1%.
DRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported an operating income of 77.00M and revenue of 846.00M, resulting in an operating margin of 9.1%.
OLED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Universal Display Corporation reported a net income of 35.90M and revenue of 142.21M, resulting in a net margin of 25.2%.
DRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a net income of 62.00M and revenue of 846.00M, resulting in a net margin of 7.3%.
Frequently Asked Questions
OLED and DRS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OLED has higher volatility (11.17%) compared to DRS (11.11%). In terms of maximum drawdown, OLED dropped -85.55% vs DRS's -32.48%.
DRS currently has the higher Sharpe Ratio (0.15 vs -1.06), 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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