Q vs. SNDK
Q (Qnity Electronics, Inc) and SNDK (Sandisk Corporation) are both stocks. Both are in the Technology sector — Q in Semiconductor Equipment & Materials, SNDK in Computer Hardware. At a 0.41 correlation, their price movements are largely independent.
Performance
Q vs. SNDK - Performance Comparison
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Returns By Period
In the year-to-date period, Q achieves a 115.36% return, which is significantly lower than SNDK's 857.84% return.
Q
- 1D
- 3.94%
- 1M
- 11.98%
- YTD
- 115.36%
- 6M
- 114.73%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNDK
- 1D
- 4.07%
- 1M
- 53.77%
- YTD
- 857.84%
- 6M
- 843.26%
- 1Y
- 4,781.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Q vs. SNDK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
Q Qnity Electronics, Inc | 115.36% | -16.62% |
SNDK Sandisk Corporation | 857.84% | 19.09% |
Correlation
The correlation between Q and SNDK is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 3, 2025 | 0.41 |
Fundamentals
Q:
$36.94B
SNDK:
$356.98B
Q:
$3.15
SNDK:
$29.70
Q:
55.71
SNDK:
76.56
Q:
7.44
SNDK:
26.17
Q:
5.14
SNDK:
25.91
Q:
$4.95B
SNDK:
$13.18B
Q:
$1.56B
SNDK:
$7.39B
Q:
$1.06B
SNDK:
$5.37B
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Return for Risk
Q vs. SNDK — Risk / Return Rank
Q
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SNDK
Q vs. SNDK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Qnity Electronics, Inc (Q) and Sandisk Corporation (SNDK). 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.
| Q | SNDK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.15 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 155.00 | — |
| Martin ratioReturn relative to average drawdown | — | 468.86 | — |
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Drawdowns
Q vs. SNDK - Drawdown Comparison
The maximum Q drawdown since its inception was -27.12%, smaller than the maximum SNDK drawdown of -47.50%. Use the drawdown chart below to compare losses from any high point for Q and SNDK.
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Drawdown Indicators
| Q | SNDK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.12% | -47.50% | +20.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -31.34% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -8.75% | -13.57% | +4.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.34% | — |
Volatility
Q vs. SNDK - Volatility Comparison
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Volatility by Period
| Q | SNDK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 28.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 70.78% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 57.51% | 100.47% | -42.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.51% | 97.66% | -40.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.51% | 97.66% | -40.15% |
Dividends
Q vs. SNDK - Dividend Comparison
Q's dividend yield for the trailing twelve months is around 0.13%, while SNDK has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
Q Qnity Electronics, Inc | 0.13% | 0.07% |
SNDK Sandisk Corporation | 0.00% | 0.00% |
Financials
Q vs. SNDK - Financials Comparison
This section allows you to compare key financial metrics between Qnity Electronics, Inc and Sandisk Corporation. 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
Q vs. SNDK - Profitability Comparison
Q - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported a gross profit of 0.00 and revenue of 1.32B. Therefore, the gross margin over that period was 0.0%.
SNDK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a gross profit of 4.66B and revenue of 5.95B. Therefore, the gross margin over that period was 78.4%.
Q - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported an operating income of 0.00 and revenue of 1.32B, resulting in an operating margin of 0.0%.
SNDK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported an operating income of 4.11B and revenue of 5.95B, resulting in an operating margin of 69.1%.
Q - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Qnity Electronics, Inc reported a net income of 162.00M and revenue of 1.32B, resulting in a net margin of 12.3%.
SNDK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sandisk Corporation reported a net income of 3.62B and revenue of 5.95B, resulting in a net margin of 60.8%.
Frequently Asked Questions
Q and SNDK have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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