SGHT vs. OPCH
SGHT (Sight Sciences, Inc.) and OPCH (Option Care Health, Inc.) are both stocks. Both are in the Healthcare sector — SGHT in Medical Devices, OPCH in Medical Care Facilities. Over the past 3 years, SGHT returned -11.67%/yr vs -10.16%/yr for OPCH. At a 0.22 correlation, their price movements are largely independent.
Performance
SGHT vs. OPCH - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SGHT having a -31.78% return and OPCH slightly higher at -31.04%.
SGHT
- 1D
- 3.24%
- 1M
- 7.55%
- YTD
- -31.78%
- 6M
- -35.90%
- 1Y
- 24.65%
- 3Y*
- -11.67%
- 5Y*
- —
- 10Y*
- —
OPCH
- 1D
- 3.15%
- 1M
- 4.97%
- YTD
- -31.04%
- 6M
- -31.24%
- 1Y
- -29.24%
- 3Y*
- -10.16%
- 5Y*
- 0.51%
- 10Y*
- 8.23%
SGHT vs. OPCH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SGHT Sight Sciences, Inc. | -31.78% | 117.86% | -29.46% | -57.74% | -30.51% | -41.43% |
OPCH Option Care Health, Inc. | -31.04% | 37.33% | -31.14% | 11.96% | 5.80% | 39.89% |
Correlation
The correlation between SGHT and OPCH is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.22 |
Fundamentals
SGHT:
$291.83M
OPCH:
$3.48B
SGHT:
-$0.71
OPCH:
$1.28
SGHT:
3.59
OPCH:
0.63
SGHT:
5.41
OPCH:
2.57
SGHT:
$79.55M
OPCH:
$5.67B
SGHT:
$68.55M
OPCH:
$1.09B
SGHT:
-$36.32M
OPCH:
$432.01M
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Return for Risk
SGHT vs. OPCH — Risk / Return Rank
SGHT
OPCH
SGHT vs. OPCH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sight Sciences, Inc. (SGHT) and Option Care Health, Inc. (OPCH). 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.
| SGHT | OPCH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.88 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | -0.63 | +1.03 |
| Martin ratioReturn relative to average drawdown | 0.74 | -1.42 | +2.16 |
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Drawdowns
SGHT vs. OPCH - Drawdown Comparison
The maximum SGHT drawdown since its inception was -96.70%, roughly equal to the maximum OPCH drawdown of -95.83%. Use the drawdown chart below to compare losses from any high point for SGHT and OPCH.
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Drawdown Indicators
| SGHT | OPCH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.70% | -95.83% | -0.87% |
Max Drawdown (1Y)Largest decline over 1 year | -61.88% | -46.65% | -15.23% |
Max Drawdown (3Y)Largest decline over 3 years | -85.34% | -46.65% | -38.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -69.37% | — |
Current DrawdownCurrent decline from peak | -86.16% | -75.59% | -10.57% |
Average DrawdownAverage peak-to-trough decline | -77.87% | -72.14% | -5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.33% | 20.65% | +12.68% |
Volatility
SGHT vs. OPCH - Volatility Comparison
Sight Sciences, Inc. (SGHT) has a higher volatility of 17.16% compared to Option Care Health, Inc. (OPCH) at 10.63%. This indicates that SGHT's price experiences larger fluctuations and is considered to be riskier than OPCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGHT | OPCH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.16% | 10.63% | +6.53% |
Volatility (6M)Calculated over the trailing 6-month period | 57.74% | 37.42% | +20.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.53% | 41.06% | +43.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 91.32% | 39.00% | +52.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 91.32% | 55.16% | +36.16% |
Dividends
SGHT vs. OPCH - Dividend Comparison
Neither SGHT nor OPCH has paid dividends to shareholders.
Financials
SGHT vs. OPCH - Financials Comparison
This section allows you to compare key financial metrics between Sight Sciences, Inc. and Option Care Health, 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
SGHT vs. OPCH - Profitability Comparison
SGHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sight Sciences, Inc. reported a gross profit of 16.98M and revenue of 19.70M. Therefore, the gross margin over that period was 86.2%.
OPCH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Option Care Health, Inc. reported a gross profit of 262.01M and revenue of 1.35B. Therefore, the gross margin over that period was 19.4%.
SGHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sight Sciences, Inc. reported an operating income of -12.41M and revenue of 19.70M, resulting in an operating margin of -63.0%.
OPCH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Option Care Health, Inc. reported an operating income of 72.55M and revenue of 1.35B, resulting in an operating margin of 5.4%.
SGHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sight Sciences, Inc. reported a net income of -12.98M and revenue of 19.70M, resulting in a net margin of -65.9%.
OPCH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Option Care Health, Inc. reported a net income of 45.34M and revenue of 1.35B, resulting in a net margin of 3.4%.
Frequently Asked Questions
SGHT and OPCH have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SGHT has higher volatility (17.16%) compared to OPCH (10.63%). In terms of maximum drawdown, SGHT dropped -96.70% vs OPCH's -95.83%.
SGHT currently has the higher Sharpe Ratio (0.29 vs -0.71), 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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