ONTO vs. AAPL
Compare and contrast key facts about Onto Innovation Inc. (ONTO) and Apple Inc (AAPL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONTO or AAPL.
Correlation
The correlation between ONTO and AAPL is 0.25, 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
ONTO vs. AAPL - Performance Comparison
Key characteristics
ONTO:
0.09
AAPL:
1.40
ONTO:
0.50
AAPL:
2.01
ONTO:
1.07
AAPL:
1.26
ONTO:
0.14
AAPL:
2.01
ONTO:
0.29
AAPL:
6.04
ONTO:
16.84%
AAPL:
5.53%
ONTO:
56.30%
AAPL:
23.90%
ONTO:
-98.56%
AAPL:
-81.80%
ONTO:
-25.83%
AAPL:
-5.51%
Fundamentals
ONTO:
$8.72B
AAPL:
$3.67T
ONTO:
$4.13
AAPL:
$6.31
ONTO:
42.75
AAPL:
38.76
ONTO:
0.87
AAPL:
2.24
ONTO:
$723.38M
AAPL:
$395.76B
ONTO:
$358.17M
AAPL:
$184.10B
ONTO:
$197.17M
AAPL:
$134.27B
Returns By Period
In the year-to-date period, ONTO achieves a 5.93% return, which is significantly higher than AAPL's -2.27% return. Over the past 10 years, ONTO has outperformed AAPL with an annualized return of 26.18%, while AAPL has yielded a comparatively lower 23.87% annualized return.
ONTO
5.93%
-18.49%
-17.49%
-3.12%
35.76%
26.18%
AAPL
-2.27%
6.42%
8.17%
34.73%
25.87%
23.87%
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Risk-Adjusted Performance
ONTO vs. AAPL — Risk-Adjusted Performance Rank
ONTO
AAPL
ONTO vs. AAPL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) and Apple Inc (AAPL). 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
ONTO vs. AAPL - Dividend Comparison
ONTO has not paid dividends to shareholders, while AAPL's dividend yield for the trailing twelve months is around 0.41%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
AAPL Apple Inc | 0.41% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% | 1.67% |
Drawdowns
ONTO vs. AAPL - Drawdown Comparison
The maximum ONTO drawdown since its inception was -98.56%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for ONTO and AAPL. For additional features, visit the drawdowns tool.
Volatility
ONTO vs. AAPL - Volatility Comparison
Onto Innovation Inc. (ONTO) has a higher volatility of 23.50% compared to Apple Inc (AAPL) at 8.49%. This indicates that ONTO's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ONTO vs. AAPL - Financials Comparison
This section allows you to compare key financial metrics between Onto Innovation Inc. and Apple 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