OWLT vs. TRTN-PA
OWLT (Owlet, Inc.) and TRTN-PA (Triton International Ltd) are both stocks. OWLT operates in Medical Devices (Healthcare), while TRTN-PA operates in Rental & Leasing Services (Industrials). Over the past 5 years, OWLT returned -47.44%/yr vs 6.37%/yr for TRTN-PA. At a 0.03 correlation, their price movements are largely independent.
Performance
OWLT vs. TRTN-PA - Performance Comparison
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Returns By Period
In the year-to-date period, OWLT achieves a -65.41% return, which is significantly lower than TRTN-PA's 3.95% return.
OWLT
- 1D
- 6.06%
- 1M
- -3.28%
- YTD
- -65.41%
- 6M
- -63.33%
- 1Y
- -23.81%
- 3Y*
- 5.12%
- 5Y*
- -47.44%
- 10Y*
- —
TRTN-PA
- 1D
- 0.05%
- 1M
- 0.12%
- YTD
- 3.95%
- 6M
- 4.96%
- 1Y
- 10.11%
- 3Y*
- 8.90%
- 5Y*
- 6.37%
- 10Y*
- —
OWLT vs. TRTN-PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OWLT Owlet, Inc. | -65.41% | 263.82% | -15.72% | -32.54% | -79.06% | -73.75% | 3.78% |
TRTN-PA Triton International Ltd | 3.95% | 9.17% | 10.10% | 8.47% | -0.37% | 8.71% | 5.66% |
Correlation
The correlation between OWLT and TRTN-PA is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2020 | 0.03 |
Fundamentals
OWLT:
$20.35B
TRTN-PA:
$2.58B
OWLT:
-$0.04
TRTN-PA:
$4.65
OWLT:
55.28
TRTN-PA:
1.92
OWLT:
1.37K
TRTN-PA:
1.62
OWLT:
$107.06M
TRTN-PA:
$1.35B
OWLT:
$54.38M
TRTN-PA:
$872.64M
OWLT:
-$17.58M
TRTN-PA:
$1.11B
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Return for Risk
OWLT vs. TRTN-PA — Risk / Return Rank
OWLT
TRTN-PA
OWLT vs. TRTN-PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Owlet, Inc. (OWLT) and Triton International Ltd (TRTN-PA). 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.
| OWLT | TRTN-PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.26 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 3.46 | -3.79 |
| Martin ratioReturn relative to average drawdown | -0.60 | 13.05 | -13.65 |
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Drawdowns
OWLT vs. TRTN-PA - Drawdown Comparison
The maximum OWLT drawdown since its inception was -98.14%, which is greater than TRTN-PA's maximum drawdown of -57.11%. Use the drawdown chart below to compare losses from any high point for OWLT and TRTN-PA.
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Drawdown Indicators
| OWLT | TRTN-PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.14% | -57.11% | -41.03% |
Max Drawdown (1Y)Largest decline over 1 year | -73.12% | -2.93% | -70.19% |
Max Drawdown (3Y)Largest decline over 3 years | -73.12% | -2.94% | -70.18% |
Max Drawdown (5Y)Largest decline over 5 years | -98.06% | -7.48% | -90.58% |
Current DrawdownCurrent decline from peak | -96.29% | -0.37% | -95.92% |
Average DrawdownAverage peak-to-trough decline | -78.06% | -2.31% | -75.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.89% | 0.78% | +39.11% |
Volatility
OWLT vs. TRTN-PA - Volatility Comparison
Owlet, Inc. (OWLT) has a higher volatility of 20.50% compared to Triton International Ltd (TRTN-PA) at 1.77%. This indicates that OWLT's price experiences larger fluctuations and is considered to be riskier than TRTN-PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OWLT | TRTN-PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.50% | 1.77% | +18.73% |
Volatility (6M)Calculated over the trailing 6-month period | 69.56% | 5.20% | +64.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.73% | 7.40% | +79.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.77% | 8.79% | +81.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.63% | 21.28% | +64.35% |
Dividends
OWLT vs. TRTN-PA - Dividend Comparison
OWLT has not paid dividends to shareholders, while TRTN-PA's dividend yield for the trailing twelve months is around 8.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
OWLT Owlet, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TRTN-PA Triton International Ltd | 8.32% | 8.30% | 8.33% | 8.45% | 8.43% | 7.75% | 7.81% | 5.80% |
Financials
OWLT vs. TRTN-PA - Financials Comparison
This section allows you to compare key financial metrics between Owlet, Inc. and Triton International Ltd. 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
OWLT vs. TRTN-PA - Profitability Comparison
OWLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Owlet, Inc. reported a gross profit of 12.20M and revenue of 22.50M. Therefore, the gross margin over that period was 54.2%.
TRTN-PA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Triton International Ltd reported a gross profit of 206.99M and revenue of 331.25M. Therefore, the gross margin over that period was 62.5%.
OWLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Owlet, Inc. reported an operating income of -5.60M and revenue of 22.50M, resulting in an operating margin of -24.9%.
TRTN-PA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Triton International Ltd reported an operating income of 180.12M and revenue of 331.25M, resulting in an operating margin of 54.4%.
OWLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Owlet, Inc. reported a net income of -4.10M and revenue of 22.50M, resulting in a net margin of -18.2%.
TRTN-PA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Triton International Ltd reported a net income of 106.44M and revenue of 331.25M, resulting in a net margin of 32.1%.
Frequently Asked Questions
OWLT and TRTN-PA have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OWLT has higher volatility (20.50%) compared to TRTN-PA (1.77%). In terms of maximum drawdown, OWLT dropped -98.14% vs TRTN-PA's -57.11%.
TRTN-PA currently has the higher Sharpe Ratio (1.37 vs -0.28), 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.
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