ONTO vs. CAMT
ONTO (Onto Innovation Inc.) and CAMT (Camtek Ltd) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 10 years, ONTO returned 32.92%/yr vs 58.72%/yr for CAMT. At a 0.31 correlation, their price movements are largely independent.
Performance
ONTO vs. CAMT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ONTO achieves a 120.37% return, which is significantly higher than CAMT's 84.04% return. Over the past 10 years, ONTO has underperformed CAMT with an annualized return of 32.92%, while CAMT has yielded a comparatively higher 58.72% annualized return.
ONTO
- 1D
- 4.23%
- 1M
- 32.65%
- YTD
- 120.37%
- 6M
- 118.42%
- 1Y
- 263.05%
- 3Y*
- 48.86%
- 5Y*
- 38.00%
- 10Y*
- 32.92%
CAMT
- 1D
- 0.29%
- 1M
- 16.94%
- YTD
- 84.04%
- 6M
- 84.68%
- 1Y
- 164.67%
- 3Y*
- 84.24%
- 5Y*
- 40.79%
- 10Y*
- 58.72%
ONTO vs. CAMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ONTO Onto Innovation Inc. | 120.37% | -5.29% | 9.01% | 124.56% | -32.74% | 112.89% | 30.13% | 33.70% | 9.67% | -0.56% |
CAMT Camtek Ltd | 84.04% | 31.66% | 18.33% | 215.94% | -52.30% | 110.13% | 102.31% | 63.19% | 20.41% | 77.72% |
Correlation
The correlation between ONTO and CAMT is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2000 | 0.31 |
Over the past year, ONTO and CAMT have become more correlated (0.68) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
ONTO:
$17.39B
CAMT:
$10.07B
ONTO:
$2.15
CAMT:
$0.98
ONTO:
161.54
CAMT:
200.10
ONTO:
14.49
CAMT:
40.78
ONTO:
16.68
CAMT:
19.27
ONTO:
8.16
CAMT:
14.76
ONTO:
$1.03B
CAMT:
$499.09M
ONTO:
$502.93M
CAMT:
$250.68M
ONTO:
$177.93M
CAMT:
$122.77M
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
ONTO vs. CAMT — Risk / Return Rank
ONTO
CAMT
ONTO vs. CAMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) and Camtek Ltd (CAMT). 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.
| ONTO | CAMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.36 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 13.09 | 6.12 | +6.97 |
| Martin ratioReturn relative to average drawdown | 35.58 | 14.87 | +20.71 |
Loading charts...
Drawdowns
ONTO vs. CAMT - Drawdown Comparison
The maximum ONTO drawdown since its inception was -98.56%, roughly equal to the maximum CAMT drawdown of -97.71%. Use the drawdown chart below to compare losses from any high point for ONTO and CAMT.
Loading charts...
Drawdown Indicators
| ONTO | CAMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.56% | -97.71% | -0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -20.24% | -27.07% | +6.83% |
Max Drawdown (3Y)Largest decline over 3 years | -62.82% | -63.16% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -62.82% | -63.16% | +0.34% |
Max Drawdown (10Y)Largest decline over 10 years | -62.82% | -63.16% | +0.34% |
Current DrawdownCurrent decline from peak | 0.00% | -5.66% | +5.66% |
Average DrawdownAverage peak-to-trough decline | -54.66% | -55.67% | +1.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.43% | 11.12% | -3.69% |
Volatility
ONTO vs. CAMT - Volatility Comparison
The current volatility for Onto Innovation Inc. (ONTO) is 21.93%, while Camtek Ltd (CAMT) has a volatility of 26.17%. This indicates that ONTO experiences smaller price fluctuations and is considered to be less risky than CAMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ONTO | CAMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.93% | 26.17% | -4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 44.23% | 50.72% | -6.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.96% | 64.36% | -6.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.89% | 56.02% | -0.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.48% | 52.11% | -0.63% |
Dividends
ONTO vs. CAMT - Dividend Comparison
Neither ONTO nor CAMT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CAMT Camtek Ltd | 0.00% | 0.00% | 1.65% | 0.00% | 0.00% | 0.00% | 0.00% | 1.57% | 2.07% | 2.45% |
ONTO Onto Innovation Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ONTO vs. CAMT - Financials Comparison
This section allows you to compare key financial metrics between Onto Innovation Inc. and Camtek Ltd. 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
ONTO vs. CAMT - Profitability Comparison
ONTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Onto Innovation Inc. reported a gross profit of 146.39M and revenue of 291.95M. Therefore, the gross margin over that period was 50.1%.
CAMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Camtek Ltd reported a gross profit of 60.93M and revenue of 121.66M. Therefore, the gross margin over that period was 50.1%.
ONTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Onto Innovation Inc. reported an operating income of 33.51M and revenue of 291.95M, resulting in an operating margin of 11.5%.
CAMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Camtek Ltd reported an operating income of 27.27M and revenue of 121.66M, resulting in an operating margin of 22.4%.
ONTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Onto Innovation Inc. reported a net income of 33.75M and revenue of 291.95M, resulting in a net margin of 11.6%.
CAMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Camtek Ltd reported a net income of 31.65M and revenue of 121.66M, resulting in a net margin of 26.0%.
Frequently Asked Questions
ONTO and CAMT have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAMT has higher volatility (26.17%) compared to ONTO (21.93%). In terms of maximum drawdown, ONTO dropped -98.56% vs CAMT's -97.71%.
ONTO currently has the higher Sharpe Ratio (4.58 vs 2.58), 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 ONTO and CAMT
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