ONTO vs. SAIA
Compare and contrast key facts about Onto Innovation Inc. (ONTO) and Saia, Inc. (SAIA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONTO or SAIA.
Correlation
The correlation between ONTO and SAIA is 0.51, 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.
Performance
ONTO vs. SAIA - Performance Comparison
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Key characteristics
ONTO:
-0.77
SAIA:
-0.47
ONTO:
-1.00
SAIA:
-0.28
ONTO:
0.86
SAIA:
0.96
ONTO:
-0.90
SAIA:
-0.49
ONTO:
-1.97
SAIA:
-1.25
ONTO:
28.71%
SAIA:
23.79%
ONTO:
72.62%
SAIA:
63.78%
ONTO:
-98.56%
SAIA:
-80.35%
ONTO:
-58.24%
SAIA:
-52.95%
Fundamentals
ONTO:
$4.86B
SAIA:
$7.59B
ONTO:
$4.42
SAIA:
$12.23
ONTO:
22.49
SAIA:
23.31
ONTO:
0.66
SAIA:
2.69
ONTO:
4.74
SAIA:
2.34
ONTO:
2.50
SAIA:
3.16
ONTO:
$1.03B
SAIA:
$3.24B
ONTO:
$527.85M
SAIA:
$601.79M
ONTO:
$254.63M
SAIA:
$655.63M
Returns By Period
In the year-to-date period, ONTO achieves a -40.36% return, which is significantly lower than SAIA's -37.44% return. Both investments have delivered pretty close results over the past 10 years, with ONTO having a 20.67% annualized return and SAIA not far ahead at 21.20%.
ONTO
-40.36%
-13.56%
-37.30%
-55.53%
24.91%
20.67%
SAIA
-37.44%
-14.78%
-45.42%
-28.57%
23.17%
21.20%
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Risk-Adjusted Performance
ONTO vs. SAIA — Risk-Adjusted Performance Rank
ONTO
SAIA
ONTO vs. SAIA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) and Saia, Inc. (SAIA). 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.
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Dividends
ONTO vs. SAIA - Dividend Comparison
Neither ONTO nor SAIA has paid dividends to shareholders.
Drawdowns
ONTO vs. SAIA - Drawdown Comparison
The maximum ONTO drawdown since its inception was -98.56%, which is greater than SAIA's maximum drawdown of -80.35%. Use the drawdown chart below to compare losses from any high point for ONTO and SAIA. For additional features, visit the drawdowns tool.
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Volatility
ONTO vs. SAIA - Volatility Comparison
Onto Innovation Inc. (ONTO) and Saia, Inc. (SAIA) have volatilities of 39.83% and 41.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ONTO vs. SAIA - Financials Comparison
This section allows you to compare key financial metrics between Onto Innovation Inc. and Saia, 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
ONTO vs. SAIA - Profitability Comparison
ONTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Onto Innovation Inc. reported a gross profit of 143.23M and revenue of 266.61M. Therefore, the gross margin over that period was 53.7%.
SAIA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Saia, Inc. reported a gross profit of 112.76M and revenue of 787.58M. Therefore, the gross margin over that period was 14.3%.
ONTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Onto Innovation Inc. reported an operating income of 63.13M and revenue of 266.61M, resulting in an operating margin of 23.7%.
SAIA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Saia, Inc. reported an operating income of 70.17M and revenue of 787.58M, resulting in an operating margin of 8.9%.
ONTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Onto Innovation Inc. reported a net income of 64.10M and revenue of 266.61M, resulting in a net margin of 24.0%.
SAIA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Saia, Inc. reported a net income of 49.81M and revenue of 787.58M, resulting in a net margin of 6.3%.