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ONTO vs. SAIA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

ONTO vs. SAIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Onto Innovation Inc. (ONTO) and Saia, Inc. (SAIA). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JuneJulyAugustSeptemberOctoberNovember
-29.00%
30.10%
ONTO
SAIA

Returns By Period

In the year-to-date period, ONTO achieves a 5.74% return, which is significantly lower than SAIA's 18.24% return. Over the past 10 years, ONTO has outperformed SAIA with an annualized return of 27.73%, while SAIA has yielded a comparatively lower 25.55% annualized return.


ONTO

YTD

5.74%

1M

-22.86%

6M

-29.00%

1Y

19.79%

5Y (annualized)

36.19%

10Y (annualized)

27.73%

SAIA

YTD

18.24%

1M

18.66%

6M

30.10%

1Y

24.45%

5Y (annualized)

40.17%

10Y (annualized)

25.55%

Fundamentals


ONTOSAIA
Market Cap$8.63B$14.51B
EPS$3.70$14.01
PE Ratio47.2338.95
PEG Ratio0.872.76
Total Revenue (TTM)$942.24M$3.17B
Gross Profit (TTM)$466.13M$534.10M
EBITDA (TTM)$223.20M$696.51M

Key characteristics


ONTOSAIA
Sharpe Ratio0.360.50
Sortino Ratio0.840.99
Omega Ratio1.111.15
Calmar Ratio0.590.66
Martin Ratio1.621.17
Ulcer Index12.08%22.05%
Daily Std Dev53.99%52.02%
Max Drawdown-98.56%-80.35%
Current Drawdown-32.08%-14.48%

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Correlation

-0.50.00.51.00.3

The correlation between ONTO and SAIA is 0.31, 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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for ONTO, currently valued at 0.36, compared to the broader market-4.00-2.000.002.004.000.360.50
The chart of Sortino ratio for ONTO, currently valued at 0.84, compared to the broader market-4.00-2.000.002.004.000.840.99
The chart of Omega ratio for ONTO, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.15
The chart of Calmar ratio for ONTO, currently valued at 0.59, compared to the broader market0.002.004.006.000.590.66
The chart of Martin ratio for ONTO, currently valued at 1.62, compared to the broader market-10.000.0010.0020.0030.001.621.17
ONTO
SAIA

The current ONTO Sharpe Ratio is 0.36, which is comparable to the SAIA Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of ONTO and SAIA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.36
0.50
ONTO
SAIA

Dividends

ONTO vs. SAIA - Dividend Comparison

Neither ONTO nor SAIA has paid dividends to shareholders.


Tickers have no history of dividend payments

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.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-32.08%
-14.48%
ONTO
SAIA

Volatility

ONTO vs. SAIA - Volatility Comparison

The current volatility for Onto Innovation Inc. (ONTO) is 16.04%, while Saia, Inc. (SAIA) has a volatility of 19.80%. This indicates that ONTO experiences smaller price fluctuations and is considered to be less risky than SAIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
16.04%
19.80%
ONTO
SAIA

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items