ON vs. NVTS
ON (ON Semiconductor Corporation) and NVTS (Navitas Semiconductor Corporation) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, ON returned 15.88%/yr vs 1.68%/yr for NVTS. Their 0.53 correlation means they have sometimes moved together and sometimes differently.
Performance
ON vs. NVTS - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with ON having a 50.71% return and NVTS slightly higher at 52.10%.
ON
- 1D
- -2.54%
- 1M
- -10.53%
- 6M
- 36.27%
- YTD
- 50.71%
- 1Y
- 43.63%
- 3Y*
- -8.94%
- 5Y*
- 15.88%
- 10Y*
- 23.72%
- ALL TIME*
- 4.63%
NVTS
- 1D
- -1.36%
- 1M
- -24.90%
- 6M
- 26.57%
- YTD
- 52.10%
- 1Y
- 36.43%
- 3Y*
- 0.09%
- 5Y*
- 1.68%
- 10Y*
- —
- ALL TIME*
- -0.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $183.75M | $197.60M | $584.62M | |
| $734.43M | $864.80M | $1.33B |
ON vs. NVTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ON ON Semiconductor Corporation | 50.71% | -14.12% | -24.52% | 33.93% | -8.17% | 82.12% |
NVTS Navitas Semiconductor Corporation | 52.10% | 100.00% | -55.76% | 129.91% | -79.37% | 53.24% |
Correlation
The correlation between ON and NVTS is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 25, 2021 | 0.53 |
The correlation between ON and NVTS has been stable across timeframes, ranging from 0.53 to 0.55 - a consistent structural relationship.
Fundamentals
ON:
$31.76B
NVTS:
$2.84B
ON:
$1.43
NVTS:
-$1.40
ON:
5.40
NVTS:
66.38
ON:
4.40
NVTS:
3.20
ON:
$6.06B
NVTS:
$36.54M
ON:
$2.26B
NVTS:
$4.46M
ON:
$1.21B
NVTS:
-$94.43M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ON vs. NVTS — Risk / Return Rank
ON
NVTS
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.
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 | NVTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.17 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.70 | +0.40 |
| Martin ratioReturn relative to average drawdown | 3.12 | 1.23 | +1.89 |
Loading charts...
Drawdowns
ON vs. NVTS - Drawdown Comparison
The maximum ON drawdown since its inception was -96.34%, 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.
Loading charts...
Drawdown Indicators
| ON | NVTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.34% | -92.04% | -4.30% |
Max Drawdown (1Y)Largest decline over 1 year | -41.12% | -69.38% | +28.26% |
Max Drawdown (3Y)Largest decline over 3 years | -69.16% | -83.44% | +14.28% |
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 DrawdownCurrent decline from peak | -39.07% | -65.84% | +26.77% |
Average DrawdownAverage peak-to-trough decline | -53.78% | -57.96% | +4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.40% | 39.21% | -24.81% |
Volatility
ON vs. NVTS - Volatility Comparison
The current volatility for ON Semiconductor Corporation (ON) is 17.99%, while Navitas Semiconductor Corporation (NVTS) has a volatility of 33.07%. 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.
Loading charts...
Volatility by Period
| ON | NVTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.99% | 33.07% | -15.08% |
Volatility (6M)Calculated over the trailing 6-month period | 54.11% | 94.62% | -40.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.32% | 126.38% | -63.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.46% | 123.19% | -67.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.10% | 117.38% | -65.28% |
Dividends
ON vs. NVTS - Dividend Comparison
Neither ON nor NVTS has paid dividends to shareholders.
Financials
ON vs. NVTS - Financials Comparison
This section allows you to compare key financial metrics between ON Semiconductor Corporation and Navitas 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
Frequently Asked Questions
ON and NVTS have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVTS has higher volatility (33.07%) compared to ON (17.99%). In terms of maximum drawdown, ON dropped -96.34% vs NVTS's -92.04%.
ON currently has the higher Sharpe Ratio (0.71 vs 0.38), 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.
Find the right allocation for ON and NVTS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer