SATS vs. LITE
SATS (EchoStar Corporation) and LITE (Lumentum Holdings Inc.) are both stocks. Both operate in the Communication Equipment industry within the Technology sector. Over the past 10 years, SATS returned 82.88%/yr vs 43.74%/yr for LITE. At a 0.26 correlation, their price movements are largely independent.
Performance
SATS vs. LITE - Performance Comparison
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Returns By Period
In the year-to-date period, SATS achieves a 4.95% return, which is significantly lower than LITE's 150.02% return. Over the past 10 years, SATS has outperformed LITE with an annualized return of 82.88%, while LITE has yielded a comparatively lower 43.74% annualized return.
SATS
- 1D
- -10.97%
- 1M
- -16.87%
- YTD
- 4.95%
- 6M
- 6.25%
- 1Y
- 577.43%
- 3Y*
- 87.23%
- 5Y*
- 33.39%
- 10Y*
- 82.88%
LITE
- 1D
- 3.59%
- 1M
- -5.06%
- YTD
- 150.02%
- 6M
- 184.13%
- 1Y
- 1,017.52%
- 3Y*
- 158.28%
- 5Y*
- 62.72%
- 10Y*
- 43.74%
SATS vs. LITE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SATS EchoStar Corporation | 4.95% | 374.67% | 38.20% | -0.66% | -36.70% | 24.35% | -51.07% | 16,499.32% | -38.70% | 16.56% |
LITE Lumentum Holdings Inc. | 150.02% | 339.06% | 60.15% | 0.48% | -50.68% | 11.57% | 19.55% | 88.76% | -14.09% | 26.52% |
Correlation
The correlation between SATS and LITE is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.26 |
The correlation between SATS and LITE shifts across timeframes, from 0.09 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SATS:
$32.97B
LITE:
$88.65B
SATS:
-$80.77
LITE:
$5.26
SATS:
2.22
LITE:
30.95
SATS:
5.85
LITE:
29.82
SATS:
$14.80B
LITE:
$2.49B
SATS:
$5.79B
LITE:
$938.50M
SATS:
-$16.89B
LITE:
$470.10M
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Return for Risk
SATS vs. LITE — Risk / Return Rank
SATS
LITE
SATS vs. LITE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EchoStar Corporation (SATS) and Lumentum Holdings Inc. (LITE). 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.
| SATS | LITE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.80 | 1.71 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 26.91 | 34.43 | -7.52 |
| Martin ratioReturn relative to average drawdown | 48.80 | 126.26 | -77.47 |
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Drawdowns
SATS vs. LITE - Drawdown Comparison
The maximum SATS drawdown since its inception was -78.33%, which is greater than LITE's maximum drawdown of -66.89%. Use the drawdown chart below to compare losses from any high point for SATS and LITE.
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Drawdown Indicators
| SATS | LITE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.33% | -66.89% | -11.44% |
Max Drawdown (1Y)Largest decline over 1 year | -19.91% | -28.70% | +8.79% |
Max Drawdown (3Y)Largest decline over 3 years | -59.22% | -50.63% | -8.59% |
Max Drawdown (5Y)Largest decline over 5 years | -68.02% | -66.48% | -1.54% |
Max Drawdown (10Y)Largest decline over 10 years | -78.33% | -66.89% | -11.44% |
Current DrawdownCurrent decline from peak | -19.55% | -12.49% | -7.06% |
Average DrawdownAverage peak-to-trough decline | -31.21% | -23.57% | -7.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.97% | 7.81% | +3.16% |
Volatility
SATS vs. LITE - Volatility Comparison
The current volatility for EchoStar Corporation (SATS) is 22.65%, while Lumentum Holdings Inc. (LITE) has a volatility of 28.12%. This indicates that SATS experiences smaller price fluctuations and is considered to be less risky than LITE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SATS | LITE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.65% | 28.12% | -5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 41.93% | 69.73% | -27.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 106.03% | 86.47% | +19.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.48% | 59.94% | +9.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4,550.46% | 56.62% | +4,493.84% |
Dividends
SATS vs. LITE - Dividend Comparison
Neither SATS nor LITE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LITE Lumentum Holdings Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SATS EchoStar Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 85.50% |
Financials
SATS vs. LITE - Financials Comparison
This section allows you to compare key financial metrics between EchoStar Corporation and Lumentum Holdings Inc.. 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
SATS vs. LITE - Profitability Comparison
SATS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EchoStar Corporation reported a gross profit of 1.67B and revenue of 3.67B. Therefore, the gross margin over that period was 45.5%.
LITE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported a gross profit of 357.00M and revenue of 808.40M. Therefore, the gross margin over that period was 44.2%.
SATS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EchoStar Corporation reported an operating income of 392.85M and revenue of 3.67B, resulting in an operating margin of 10.7%.
LITE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported an operating income of 174.50M and revenue of 808.40M, resulting in an operating margin of 21.6%.
SATS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EchoStar Corporation reported a net income of -189.14M and revenue of 3.67B, resulting in a net margin of -5.2%.
LITE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lumentum Holdings Inc. reported a net income of 144.20M and revenue of 808.40M, resulting in a net margin of 17.8%.
Frequently Asked Questions
SATS and LITE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LITE has higher volatility (28.12%) compared to SATS (22.65%). In terms of maximum drawdown, SATS dropped -78.33% vs LITE's -66.89%.
LITE currently has the higher Sharpe Ratio (11.43 vs 5.06), 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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