PENG vs. AEHR
PENG (Penguin Solutions, Inc) and AEHR (Aehr Test Systems) are both stocks. Both are in the Technology sector — PENG in Information Technology Services, AEHR in Semiconductor Equipment & Materials. Over the past 5 years, PENG returned 17.59%/yr vs 70.08%/yr for AEHR. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
PENG vs. AEHR - Performance Comparison
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Returns By Period
In the year-to-date period, PENG achieves a 169.19% return, which is significantly lower than AEHR's 296.14% return.
PENG
- 1D
- 2.33%
- 1M
- -14.34%
- 6M
- 174.09%
- YTD
- 169.19%
- 1Y
- 130.84%
- 3Y*
- 25.09%
- 5Y*
- 17.59%
- 10Y*
- —
- ALL TIME*
- 26.68%
AEHR
- 1D
- 4.05%
- 1M
- 14.32%
- 6M
- 211.93%
- YTD
- 296.14%
- 1Y
- 374.94%
- 3Y*
- 14.21%
- 5Y*
- 70.08%
- 10Y*
- 45.82%
- ALL TIME*
- 6.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $231.69M | $269.50M | $230.50M | |
| $177.31M | $330.68M | $244.03M |
PENG vs. AEHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PENG Penguin Solutions, Inc | 169.19% | 1.93% | 1.37% | 27.22% | -58.08% | 88.65% | -0.82% | 27.74% | -11.87% | 180.83% |
AEHR Aehr Test Systems | 296.14% | 21.41% | -37.32% | 31.99% | -16.87% | 855.73% | 26.50% | 41.84% | -47.97% | -40.18% |
Correlation
The correlation between PENG and AEHR is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (All Time) Calculated using the full available price history since May 24, 2017 | 0.38 |
The correlation between PENG and AEHR shifts across timeframes, from 0.38 (all time) to 0.56 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PENG:
$2.70B
AEHR:
$2.61B
PENG:
$0.24
AEHR:
-$0.23
PENG:
1.42
AEHR:
49.52
PENG:
$1.50B
AEHR:
$50.00M
PENG:
$419.76M
AEHR:
$17.65M
PENG:
$125.18M
AEHR:
-$10.85M
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Return for Risk
PENG vs. AEHR — Risk / Return Rank
PENG
AEHR
PENG vs. AEHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Penguin Solutions, Inc (PENG) and Aehr Test Systems (AEHR). 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.
| PENG | AEHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 8.57 | -5.89 |
| Martin ratioReturn relative to average drawdown | 5.08 | 17.93 | -12.84 |
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Drawdowns
PENG vs. AEHR - Drawdown Comparison
The maximum PENG drawdown since its inception was -68.72%, smaller than the maximum AEHR drawdown of -97.98%. Use the drawdown chart below to compare losses from any high point for PENG and AEHR.
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Drawdown Indicators
| PENG | AEHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.72% | -97.98% | +29.26% |
Max Drawdown (1Y)Largest decline over 1 year | -46.28% | -43.90% | -2.38% |
Max Drawdown (3Y)Largest decline over 3 years | -51.21% | -87.16% | +35.95% |
Max Drawdown (5Y)Largest decline over 5 years | -65.40% | -87.37% | +21.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.37% | — |
Current DrawdownCurrent decline from peak | -35.31% | -31.39% | -3.92% |
Average DrawdownAverage peak-to-trough decline | -37.06% | -79.35% | +42.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.36% | 20.94% | +3.42% |
Volatility
PENG vs. AEHR - Volatility Comparison
The current volatility for Penguin Solutions, Inc (PENG) is 42.87%, while Aehr Test Systems (AEHR) has a volatility of 50.37%. This indicates that PENG experiences smaller price fluctuations and is considered to be less risky than AEHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PENG | AEHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.87% | 50.37% | -7.50% |
Volatility (6M)Calculated over the trailing 6-month period | 68.58% | 99.99% | -31.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 79.59% | 125.91% | -46.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.70% | 102.69% | -39.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.39% | 95.34% | -30.95% |
Dividends
PENG vs. AEHR - Dividend Comparison
PENG's dividend yield for the trailing twelve months is around 0.06%, while AEHR has not paid dividends to shareholders.
| Position | TTM |
|---|---|
AEHR Aehr Test Systems | 0.00% |
PENG Penguin Solutions, Inc | 0.06% |
Financials
PENG vs. AEHR - Financials Comparison
This section allows you to compare key financial metrics between Penguin Solutions, Inc and Aehr Test Systems. 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
PENG vs. AEHR - Profitability Comparison
PENG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Penguin Solutions, Inc reported a gross profit of 133.70M and revenue of 478.71M. Therefore, the gross margin over that period was 27.9%.
AEHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Aehr Test Systems reported a gross profit of 8.02M and revenue of 18.84M. Therefore, the gross margin over that period was 42.6%.
PENG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Penguin Solutions, Inc reported an operating income of 50.86M and revenue of 478.71M, resulting in an operating margin of 10.6%.
AEHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Aehr Test Systems reported an operating income of -987.00K and revenue of 18.84M, resulting in an operating margin of -5.2%.
PENG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Penguin Solutions, Inc reported a net income of -42.17M and revenue of 478.71M, resulting in a net margin of -8.8%.
AEHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Aehr Test Systems reported a net income of 1.39M and revenue of 18.84M, resulting in a net margin of 7.4%.
Frequently Asked Questions
PENG and AEHR have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AEHR has higher volatility (50.37%) compared to PENG (42.87%). In terms of maximum drawdown, PENG dropped -68.72% vs AEHR's -97.98%.
AEHR currently has the higher Sharpe Ratio (2.99 vs 1.56), 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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