ON vs. NVTS

Last updated Apr 1, 2026

Compare and contrast key facts about ON Semiconductor Corporation (ON) and Navitas Semiconductor Corporation (NVTS).

Performance

ON vs. NVTS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ON Semiconductor Corporation (ON) and Navitas Semiconductor Corporation (NVTS). The values are adjusted to include any dividend payments, if applicable.

ON vs. NVTS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ON ON Semiconductor Corporation	14.35%	-14.12%	-24.52%	33.93%	-8.17%	83.72%
NVTS Navitas Semiconductor Corporation	22.83%	100.00%	-55.76%	129.91%	-79.37%	56.34%

Fundamentals

Market Cap ON : $24.91B NVTS : $1.95B
EPS ON : $0.29 NVTS : -$0.55
PS Ratio ON : 4.25 NVTS : 40.36
PB Ratio ON : 3.25 NVTS : 4.40
Total Revenue (TTM) ON : $6.00B NVTS : $45.92M
Gross Profit (TTM) ON : $1.98B NVTS : $14.25M
EBITDA (TTM) ON : $639.00M NVTS : -$89.35M

Returns By Period

In the year-to-date period, ON achieves a 14.35% return, which is significantly lower than NVTS's 22.83% return.

ON

• 1D: 11.25%
• 1M: -6.86%
• YTD: 14.35%
• 6M: 25.57%
• 1Y: 52.17%
• 3Y*: -9.06%
• 5Y*: 7.62%
• 10Y*: 20.37%

NVTS

• 1D: 12.01%
• 1M: -2.56%
• YTD: 22.83%
• 6M: 21.47%
• 1Y: 327.80%
• 3Y*: 6.26%
• 5Y*: -2.51%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ON vs. NVTS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ON

ON Risk / Return Rank: 72
ON Sharpe Ratio Rank: 73
ON Sortino Ratio Rank: 70
ON Omega Ratio Rank: 69
ON Calmar Ratio Rank: 76
ON Martin Ratio Rank: 71

NVTS

NVTS Risk / Return Rank: 93
NVTS Sharpe Ratio Rank: 87
NVTS Sortino Ratio Rank: 98
NVTS Omega Ratio Rank: 94
NVTS Calmar Ratio Rank: 96
NVTS Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ON vs. NVTS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ON Semiconductor Corporation (ON) and Navitas Semiconductor Corporation (NVTS). 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.

	ON	NVTS	Difference
Sharpe ratio Return per unit of total volatility	0.89	1.61	-0.72
Sortino ratio Return per unit of downside risk	1.57	4.26	-2.69
Omega ratio Gain probability vs. loss probability	1.21	1.46	-0.26
Calmar ratio Return relative to maximum drawdown	1.82	6.51	-4.69
Martin ratio Return relative to average drawdown	3.61	11.12	-7.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ON vs. NVTS - Sharpe Ratio Comparison

The current ON Sharpe Ratio is 0.89, which is lower than the NVTS Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of ON and NVTS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ON	NVTS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	1.61	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	-0.02	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	-0.04	+0.10

Correlation

The correlation between ON and NVTS is 0.52, 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.

Dividends

ON vs. NVTS - Dividend Comparison

Neither ON nor NVTS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ON vs. NVTS - Drawdown Comparison

The maximum ON drawdown since its inception was -96.22%, roughly equal to the maximum NVTS drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for ON and NVTS.

Drawdown Indicators

	ON	NVTS	Difference
Max Drawdown Largest peak-to-trough decline	-96.22%	-92.04%	-4.18%
Max Drawdown (1Y) Largest decline over 1 year	-28.10%	-58.25%	+30.15%
Max Drawdown (5Y) Largest decline over 5 years	-70.44%	-92.04%	+21.60%
Max Drawdown (10Y) Largest decline over 10 years	-70.44%	—	—
Current Drawdown Current decline from peak	-42.71%	-56.50%	+13.79%
Average Drawdown Average peak-to-trough decline	-53.49%	-59.50%	+6.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.20%	34.11%	-19.91%

Volatility

ON vs. NVTS - Volatility Comparison

The current volatility for ON Semiconductor Corporation (ON) is 17.74%, while Navitas Semiconductor Corporation (NVTS) has a volatility of 34.88%. This indicates that ON experiences smaller price fluctuations and is considered to be less risky than NVTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ON	NVTS	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.74%	34.88%	-17.14%
Volatility (6M) Calculated over the trailing 6-month period	35.17%	86.76%	-51.59%
Volatility (1Y) Calculated over the trailing 1-year period	58.93%	205.49%	-146.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.92%	117.49%	-65.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.28%	115.54%	-65.26%

Financials