ON vs. LSCC
ON (ON Semiconductor Corporation) and LSCC (Lattice Semiconductor Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 10 years, ON returned 25.41%/yr vs 36.27%/yr for LSCC. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
ON vs. LSCC - Performance Comparison
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Returns By Period
In the year-to-date period, ON achieves a 66.89% return, which is significantly lower than LSCC's 77.68% return. Over the past 10 years, ON has underperformed LSCC with an annualized return of 25.41%, while LSCC has yielded a comparatively higher 36.27% annualized return.
ON
- 1D
- -5.83%
- 1M
- -22.62%
- 6M
- 53.82%
- YTD
- 66.89%
- 1Y
- 51.30%
- 3Y*
- -3.22%
- 5Y*
- 19.13%
- 10Y*
- 25.41%
LSCC
- 1D
- -4.87%
- 1M
- -9.54%
- 6M
- 57.33%
- YTD
- 77.68%
- 1Y
- 143.37%
- 3Y*
- 12.37%
- 5Y*
- 19.92%
- 10Y*
- 36.27%
ON vs. LSCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ON ON Semiconductor Corporation | 66.89% | -14.12% | -24.52% | 33.93% | -8.17% | 107.52% | 34.25% | 47.67% | -21.16% | 64.11% |
LSCC Lattice Semiconductor Corporation | 77.68% | 29.89% | -17.89% | 6.33% | -15.81% | 68.18% | 139.39% | 176.59% | 19.72% | -21.47% |
Correlation
The correlation between ON and LSCC is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since May 2, 2000 | 0.52 |
The correlation between ON and LSCC shifts across timeframes, from 0.52 (all time) to 0.76 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ON:
$35.17B
LSCC:
$17.91B
ON:
$1.43
LSCC:
$0.14
ON:
63.24
LSCC:
908.06
ON:
5.98
LSCC:
31.45
ON:
4.88
LSCC:
24.62
ON:
$6.06B
LSCC:
$574.01M
ON:
$2.26B
LSCC:
$383.93M
ON:
$1.21B
LSCC:
$65.23M
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Return for Risk
ON vs. LSCC — Risk / Return Rank
ON
LSCC
ON vs. LSCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ON Semiconductor Corporation (ON) and Lattice Semiconductor Corporation (LSCC). 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.
| ON | LSCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.39 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 7.46 | -5.94 |
| Martin ratioReturn relative to average drawdown | 3.32 | 20.46 | -17.14 |
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Drawdowns
ON vs. LSCC - Drawdown Comparison
The maximum ON drawdown since its inception was -96.34%, roughly equal to the maximum LSCC drawdown of -97.34%. Use the drawdown chart below to compare losses from any high point for ON and LSCC.
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Drawdown Indicators
| ON | LSCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.34% | -97.34% | +1.00% |
Max Drawdown (1Y)Largest decline over 1 year | -33.87% | -19.33% | -14.54% |
Max Drawdown (3Y)Largest decline over 3 years | -70.44% | -61.09% | -9.35% |
Max Drawdown (5Y)Largest decline over 5 years | -70.44% | -61.09% | -9.35% |
Max Drawdown (10Y)Largest decline over 10 years | -70.44% | -61.09% | -9.35% |
Current DrawdownCurrent decline from peak | -32.52% | -15.80% | -16.72% |
Average DrawdownAverage peak-to-trough decline | -53.82% | -55.02% | +1.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.52% | 7.04% | +8.48% |
Volatility
ON vs. LSCC - Volatility Comparison
ON Semiconductor Corporation (ON) has a higher volatility of 36.53% compared to Lattice Semiconductor Corporation (LSCC) at 21.57%. This indicates that ON's price experiences larger fluctuations and is considered to be riskier than LSCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ON | LSCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.53% | 21.57% | +14.96% |
Volatility (6M)Calculated over the trailing 6-month period | 53.10% | 45.76% | +7.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.59% | 57.59% | +5.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.27% | 54.90% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.95% | 50.87% | +1.08% |
Dividends
ON vs. LSCC - Dividend Comparison
Neither ON nor LSCC has paid dividends to shareholders.
Financials
ON vs. LSCC - Financials Comparison
This section allows you to compare key financial metrics between ON Semiconductor Corporation and Lattice 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
ON vs. LSCC - Profitability Comparison
ON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, ON Semiconductor Corporation reported a gross profit of 583.10M and revenue of 1.51B. Therefore, the gross margin over that period was 38.5%.
LSCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Lattice Semiconductor Corporation reported a gross profit of 117.63M and revenue of 170.90M. Therefore, the gross margin over that period was 68.8%.
ON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, ON Semiconductor Corporation reported an operating income of -53.40M and revenue of 1.51B, resulting in an operating margin of -3.5%.
LSCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Lattice Semiconductor Corporation reported an operating income of 26.07M and revenue of 170.90M, resulting in an operating margin of 15.3%.
ON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, ON Semiconductor Corporation reported a net income of -33.40M and revenue of 1.51B, resulting in a net margin of -2.2%.
LSCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Lattice Semiconductor Corporation reported a net income of 21.82M and revenue of 170.90M, resulting in a net margin of 12.8%.
Frequently Asked Questions
ON and LSCC have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ON has higher volatility (36.53%) compared to LSCC (21.57%). In terms of maximum drawdown, ON dropped -96.34% vs LSCC's -97.34%.
LSCC currently has the higher Sharpe Ratio (2.51 vs 0.83), 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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