OUST vs. DCTH

Last updated Jun 16, 2026

OUST (Ouster, Inc.) and DCTH (Delcath Systems, Inc.) are both stocks. OUST operates in Electronic Components (Technology), while DCTH operates in Medical Devices (Healthcare). Over the past 5 years, OUST returned -16.51%/yr vs 0.89%/yr for DCTH. At a 0.23 correlation, their price movements are largely independent.

Performance

OUST vs. DCTH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ouster, Inc. (OUST) and Delcath Systems, Inc. (DCTH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OUST achieves a 108.78% return, which is significantly higher than DCTH's 16.73% return.

OUST

• 1D: 13.52%
• 1M: 29.60%
• YTD: 108.78%
• 6M: 104.53%
• 1Y: 150.03%
• 3Y*: 102.14%
• 5Y*: -16.51%
• 10Y*: —

DCTH

• 1D: 0.60%
• 1M: 6.50%
• YTD: 16.73%
• 6M: 16.96%
• 1Y: -23.14%
• 3Y*: 23.30%
• 5Y*: 0.89%
• 10Y*: —

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

OUST vs. DCTH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OUST Ouster, Inc.	108.78%	77.09%	59.32%	-11.12%	-83.40%	-61.48%	39.18%
DCTH Delcath Systems, Inc.	16.73%	-16.11%	189.42%	15.56%	-53.55%	-56.75%	54.88%

Correlation

The correlation between OUST and DCTH is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 9, 2020	0.23

The correlation between OUST and DCTH shifts across timeframes, from 0.23 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap OUST : $2.79B DCTH : $424.69M
EPS OUST : -$0.94 DCTH : $0.01
PS Ratio OUST : 14.55 DCTH : 6.88
PB Ratio OUST : 10.13 DCTH : 3.77
Total Revenue (TTM) OUST : $185.33M DCTH : $65.45M
Gross Profit (TTM) OUST : $90.79M DCTH : $77.75M
EBITDA (TTM) OUST : -$50.85M DCTH : $222.00K

Return for Risk

OUST vs. DCTH — Risk / Return Rank

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

OUST

OUST Risk / Return Rank: 80
OUST Sharpe Ratio Rank: 83
OUST Sortino Ratio Rank: 81
OUST Omega Ratio Rank: 77
OUST Calmar Ratio Rank: 82
OUST Martin Ratio Rank: 77

DCTH

DCTH Risk / Return Rank: 24
DCTH Sharpe Ratio Rank: 21
DCTH Sortino Ratio Rank: 22
DCTH Omega Ratio Rank: 23
DCTH Calmar Ratio Rank: 25
DCTH Martin Ratio Rank: 29

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.

OUST vs. DCTH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ouster, Inc. (OUST) and Delcath Systems, Inc. (DCTH). 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.

	OUST	DCTH	Difference
Sharpe ratio: Return per unit of total volatility	1.54	-0.47	+2.01
Sortino ratio: Return per unit of downside risk	2.25	-0.39	+2.65
Omega ratio: Gain probability vs. loss probability	1.26	0.95	+0.31
Calmar ratio: Return relative to maximum drawdown	2.74	-0.49	+3.23
Martin ratio: Return relative to average drawdown	5.06	-0.71	+5.78

OUST vs. DCTH - Sharpe Ratio Comparison

The current OUST Sharpe Ratio is 1.54, which is higher than the DCTH Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of OUST and DCTH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OUST vs. DCTH - Drawdown Comparison

The maximum OUST drawdown since its inception was -98.01%, roughly equal to the maximum DCTH drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for OUST and DCTH.

Drawdown Indicators

	OUST	DCTH	Difference
Max Drawdown Largest peak-to-trough decline	-98.01%	-99.96%	+1.95%
Max Drawdown (1Y) Largest decline over 1 year	-55.15%	-46.92%	-8.23%
Max Drawdown (3Y) Largest decline over 3 years	-64.00%	-64.23%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	-97.57%	-82.21%	-15.36%
Current Drawdown Current decline from peak	-72.20%	-99.81%	+27.61%
Average Drawdown Average peak-to-trough decline	-78.02%	-96.42%	+18.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.75%	32.50%	-2.75%

Volatility

OUST vs. DCTH - Volatility Comparison

Ouster, Inc. (OUST) has a higher volatility of 36.07% compared to Delcath Systems, Inc. (DCTH) at 13.55%. This indicates that OUST's price experiences larger fluctuations and is considered to be riskier than DCTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OUST	DCTH	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.07%	13.55%	+22.52%
Volatility (6M) Calculated over the trailing 6-month period	69.00%	32.37%	+36.63%
Volatility (1Y) Calculated over the trailing 1-year period	98.01%	49.83%	+48.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.55%	73.02%	+23.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.63%	109.95%	-14.32%

Dividends

OUST vs. DCTH - Dividend Comparison

Neither OUST nor DCTH has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both OUST and DCTH in my portfolio?

OUST and DCTH have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OUST or DCTH?

OUST has higher volatility (36.07%) compared to DCTH (13.55%). In terms of maximum drawdown, OUST dropped -98.01% vs DCTH's -99.96%.

Which has better risk-adjusted returns?

OUST currently has the higher Sharpe Ratio (1.54 vs -0.47), 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.