ORCL vs. LITE

Last updated Jun 9, 2026

ORCL (Oracle Corporation) and LITE (Lumentum Holdings Inc.) are both stocks. Both are in the Technology sector — ORCL in Software - Infrastructure, LITE in Communication Equipment. Over the past 10 years, ORCL returned 20.30%/yr vs 43.30%/yr for LITE. At a 0.32 correlation, their price movements are largely independent.

Performance

ORCL vs. LITE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oracle Corporation (ORCL) and Lumentum Holdings Inc. (LITE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORCL achieves a 9.34% return, which is significantly lower than LITE's 142.93% return. Over the past 10 years, ORCL has underperformed LITE with an annualized return of 20.30%, while LITE has yielded a comparatively higher 43.30% annualized return.

ORCL

• 1D: -0.87%
• 1M: 8.10%
• YTD: 9.34%
• 6M: -3.36%
• 1Y: 22.94%
• 3Y*: 25.94%
• 5Y*: 21.81%
• 10Y*: 20.30%

LITE

• 1D: 3.68%
• 1M: -0.93%
• YTD: 142.93%
• 6M: 161.38%
• 1Y: 999.19%
• 3Y*: 159.80%
• 5Y*: 62.02%
• 10Y*: 43.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ORCL vs. LITE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORCL Oracle Corporation	9.34%	18.13%	59.99%	30.94%	-4.65%	36.89%	24.25%	19.34%	-2.97%	24.94%
LITE Lumentum Holdings Inc.	142.93%	339.06%	60.15%	0.48%	-50.68%	11.57%	19.55%	88.76%	-14.09%	26.52%

Correlation

The correlation between ORCL and LITE is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.33
Correlation (All Time) Calculated using the full available price history since Aug 5, 2015	0.32

The correlation between ORCL and LITE shifts across timeframes, from 0.16 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ORCL : $617.24B LITE : $86.14B
EPS ORCL : $5.56 LITE : $5.26
PE Ratio ORCL : 38.09 LITE : 170.11
PS Ratio ORCL : 9.64 LITE : 30.07
PB Ratio ORCL : 15.81 LITE : 28.97
Total Revenue (TTM) ORCL : $64.08B LITE : $2.49B
Gross Profit (TTM) ORCL : $58.10B LITE : $938.50M
EBITDA (TTM) ORCL : $17.85B LITE : $470.10M

Return for Risk

ORCL vs. LITE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ORCL

ORCL Risk / Return Rank: 54
ORCL Sharpe Ratio Rank: 55
ORCL Sortino Ratio Rank: 58
ORCL Omega Ratio Rank: 55
ORCL Calmar Ratio Rank: 52
ORCL Martin Ratio Rank: 50

LITE

LITE Risk / Return Rank: 99
LITE Sharpe Ratio Rank: 100
LITE Sortino Ratio Rank: 98
LITE Omega Ratio Rank: 98
LITE Calmar Ratio Rank: 100
LITE Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ORCL vs. LITE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oracle Corporation (ORCL) and Lumentum Holdings Inc. (LITE). 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.

	ORCL	LITE	Difference
Sharpe ratio: Return per unit of total volatility	0.35	11.76	-11.41
Sortino ratio: Return per unit of downside risk	1.12	5.52	-4.41
Omega ratio: Gain probability vs. loss probability	1.13	1.73	-0.60
Calmar ratio: Return relative to maximum drawdown	0.40	35.18	-34.78
Martin ratio: Return relative to average drawdown	0.66	134.51	-133.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORCL vs. LITE - Sharpe Ratio Comparison

The current ORCL Sharpe Ratio is 0.35, which is lower than the LITE Sharpe Ratio of 11.76. The chart below compares the historical Sharpe Ratios of ORCL and LITE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ORCL	LITE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	11.76	-11.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	1.04	-0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.77	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.75	-0.25

Drawdowns

ORCL vs. LITE - Drawdown Comparison

The maximum ORCL drawdown since its inception was -84.19%, which is greater than LITE's maximum drawdown of -66.89%. Use the drawdown chart below to compare losses from any high point for ORCL and LITE.

Drawdown Indicators

	ORCL	LITE	Difference
Max Drawdown Largest peak-to-trough decline	-84.19%	-66.89%	-17.30%
Max Drawdown (1Y) Largest decline over 1 year	-58.25%	-28.70%	-29.55%
Max Drawdown (3Y) Largest decline over 3 years	-58.25%	-50.63%	-7.62%
Max Drawdown (5Y) Largest decline over 5 years	-58.25%	-66.48%	+8.23%
Max Drawdown (10Y) Largest decline over 10 years	-58.25%	-66.89%	+8.64%
Current Drawdown Current decline from peak	-34.98%	-14.97%	-20.01%
Average Drawdown Average peak-to-trough decline	-29.10%	-23.16%	-5.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.04%	7.49%	+27.55%

Volatility

ORCL vs. LITE - Volatility Comparison

The current volatility for Oracle Corporation (ORCL) is 21.62%, while Lumentum Holdings Inc. (LITE) has a volatility of 31.18%. This indicates that ORCL experiences smaller price fluctuations and is considered to be less risky than LITE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORCL	LITE	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.62%	31.18%	-9.56%
Volatility (6M) Calculated over the trailing 6-month period	42.42%	69.07%	-26.65%
Volatility (1Y) Calculated over the trailing 1-year period	65.38%	86.01%	-20.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.98%	59.79%	-17.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.01%	56.55%	-21.54%

Dividends

ORCL vs. LITE - Dividend Comparison

ORCL's dividend yield for the trailing twelve months is around 0.94%, while LITE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LITE Lumentum Holdings 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%
ORCL Oracle Corporation	0.94%	0.97%	0.96%	1.44%	1.57%	1.38%	1.48%	1.72%	1.68%	1.52%	1.56%	1.56%

Financials

Frequently Asked Questions

Can I hold both ORCL and LITE in my portfolio?

ORCL and LITE have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORCL or LITE?

LITE has higher volatility (31.18%) compared to ORCL (21.62%). In terms of maximum drawdown, ORCL dropped -84.19% vs LITE's -66.89%.

Which has better risk-adjusted returns?

LITE currently has the higher Sharpe Ratio (11.76 vs 0.35), 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.