OWLT vs. AXTI

Last updated Apr 1, 2026

Compare and contrast key facts about Owlet, Inc. (OWLT) and AXT, Inc. (AXTI).

Performance

OWLT vs. AXTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Owlet, Inc. (OWLT) and AXT, Inc. (AXTI). The values are adjusted to include any dividend payments, if applicable.

OWLT vs. AXTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OWLT Owlet, Inc.	-68.25%	263.82%	-15.72%	-32.54%	-79.06%	-73.75%	4.85%
AXTI AXT, Inc.	248.50%	653.46%	-9.58%	-45.21%	-50.28%	-7.94%	55.86%

Fundamentals

Market Cap OWLT : $2.89B AXTI : $2.55B
EPS OWLT : -$0.21 AXTI : -$0.48
PS Ratio OWLT : 9.63 AXTI : 28.41
PB Ratio OWLT : 176.30 AXTI : 9.45
Total Revenue (TTM) OWLT : $105.66M AXTI : $88.33M
Gross Profit (TTM) OWLT : $53.51M AXTI : $11.24M
EBITDA (TTM) OWLT : -$38.49M AXTI : -$14.38M

Returns By Period

In the year-to-date period, OWLT achieves a -68.25% return, which is significantly lower than AXTI's 248.50% return.

OWLT

• 1D: 13.47%
• 1M: -55.50%
• YTD: -68.25%
• 6M: -39.32%
• 1Y: 39.67%
• 3Y*: 4.21%
• 5Y*: -48.26%
• 10Y*: —

AXTI

• 1D: 8.06%
• 1M: 50.34%
• YTD: 248.50%
• 6M: 1,169.04%
• 1Y: 3,941.13%
• 3Y*: 142.82%
• 5Y*: 35.86%
• 10Y*: 36.43%

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

Return for Risk

OWLT vs. AXTI — Risk / Return Rank

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

OWLT

OWLT Risk / Return Rank: 59
OWLT Sharpe Ratio Rank: 58
OWLT Sortino Ratio Rank: 61
OWLT Omega Ratio Rank: 63
OWLT Calmar Ratio Rank: 56
OWLT Martin Ratio Rank: 60

AXTI

AXTI Risk / Return Rank: 100
AXTI Sharpe Ratio Rank: 100
AXTI Sortino Ratio Rank: 99
AXTI Omega Ratio Rank: 99
AXTI Calmar Ratio Rank: 100
AXTI 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.

OWLT vs. AXTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Owlet, Inc. (OWLT) and AXT, Inc. (AXTI). 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.

	OWLT	AXTI	Difference
Sharpe ratio Return per unit of total volatility	0.44	32.68	-32.24
Sortino ratio Return per unit of downside risk	1.18	6.95	-5.77
Omega ratio Gain probability vs. loss probability	1.17	1.86	-0.69
Calmar ratio Return relative to maximum drawdown	0.60	102.50	-101.90
Martin ratio Return relative to average drawdown	1.88	305.89	-304.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OWLT vs. AXTI - Sharpe Ratio Comparison

The current OWLT Sharpe Ratio is 0.44, which is lower than the AXTI Sharpe Ratio of 32.68. The chart below compares the historical Sharpe Ratios of OWLT and AXTI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OWLT	AXTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	32.68	-32.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.54	0.40	-0.94
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	0.08	-0.61

Correlation

The correlation between OWLT and AXTI is 0.14, 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.

Dividends

OWLT vs. AXTI - Dividend Comparison

Neither OWLT nor AXTI has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OWLT vs. AXTI - Drawdown Comparison

The maximum OWLT drawdown since its inception was -98.14%, roughly equal to the maximum AXTI drawdown of -98.57%. Use the drawdown chart below to compare losses from any high point for OWLT and AXTI.

Drawdown Indicators

	OWLT	AXTI	Difference
Max Drawdown Largest peak-to-trough decline	-98.14%	-98.57%	+0.43%
Max Drawdown (1Y) Largest decline over 1 year	-72.58%	-36.59%	-35.99%
Max Drawdown (5Y) Largest decline over 5 years	-98.06%	-90.65%	-7.41%
Max Drawdown (10Y) Largest decline over 10 years	—	-92.45%	—
Current Drawdown Current decline from peak	-96.59%	-16.74%	-79.85%
Average Drawdown Average peak-to-trough decline	-77.32%	-82.78%	+5.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.16%	12.26%	+10.90%

Volatility

OWLT vs. AXTI - Volatility Comparison

Owlet, Inc. (OWLT) and AXT, Inc. (AXTI) have volatilities of 51.87% and 49.61%, 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.

Volatility by Period

	OWLT	AXTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	51.87%	49.61%	+2.26%
Volatility (6M) Calculated over the trailing 6-month period	73.45%	100.03%	-26.58%
Volatility (1Y) Calculated over the trailing 1-year period	90.49%	122.61%	-32.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.38%	91.12%	-1.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.17%	79.43%	+6.74%

Financials

OWLT vs. AXTI - Profitability Comparison

The chart below illustrates the profitability comparison between Owlet, Inc. and AXT, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OWLT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Owlet, Inc. reported a gross profit of 12.63M and revenue of 26.50M. Therefore, the gross margin over that period was 47.6%.

AXTI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AXT, Inc. reported a gross profit of 4.83M and revenue of 23.04M. Therefore, the gross margin over that period was 21.0%.

OWLT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Owlet, Inc. reported an operating income of -4.93M and revenue of 26.50M, resulting in an operating margin of -18.6%.

AXTI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AXT, Inc. reported an operating income of -3.83M and revenue of 23.04M, resulting in an operating margin of -16.6%.

OWLT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Owlet, Inc. reported a net income of -12.72M and revenue of 26.50M, resulting in a net margin of -48.0%.

AXTI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AXT, Inc. reported a net income of -3.55M and revenue of 23.04M, resulting in a net margin of -15.4%.