SITM vs. ALAB

Last updated Jun 20, 2026

SITM (SiTime Corporation) and ALAB (Astera Labs, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past year, SITM returned 219.33% vs 348.10% for ALAB. At a 0.47 correlation, their price movements are largely independent.

Performance

SITM vs. ALAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SiTime Corporation (SITM) and Astera Labs, Inc. (ALAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SITM achieves a 106.42% return, which is significantly lower than ALAB's 150.70% return.

SITM

• 1D: 7.65%
• 1M: 0.07%
• YTD: 106.42%
• 6M: 98.86%
• 1Y: 219.33%
• 3Y*: 83.55%
• 5Y*: 43.59%
• 10Y*: —

ALAB

• 1D: 11.31%
• 1M: 40.03%
• YTD: 150.70%
• 6M: 153.69%
• 1Y: 348.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SITM vs. ALAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SITM SiTime Corporation	106.42%	64.63%	150.77%
ALAB Astera Labs, Inc.	150.70%	25.60%	152.00%

Correlation

The correlation between SITM and ALAB is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Mar 20, 2024	0.47

Fundamentals

Market Cap SITM : $19.21B ALAB : $75.56B
EPS SITM : -$0.94 ALAB : $1.48
PS Ratio SITM : 49.50 ALAB : 75.08
PB Ratio SITM : 16.57 ALAB : 50.57
Total Revenue (TTM) SITM : $379.91M ALAB : $1.00B
Gross Profit (TTM) SITM : $211.60M ALAB : $760.99M
EBITDA (TTM) SITM : -$13.71M ALAB : $253.12M

Return for Risk

SITM vs. ALAB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SITM

SITM Risk / Return Rank: 93
SITM Sharpe Ratio Rank: 95
SITM Sortino Ratio Rank: 90
SITM Omega Ratio Rank: 89
SITM Calmar Ratio Rank: 96
SITM Martin Ratio Rank: 95

ALAB

ALAB Risk / Return Rank: 92
ALAB Sharpe Ratio Rank: 96
ALAB Sortino Ratio Rank: 91
ALAB Omega Ratio Rank: 90
ALAB Calmar Ratio Rank: 93
ALAB Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SITM vs. ALAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SiTime Corporation (SITM) and Astera Labs, Inc. (ALAB). 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.

	SITM	ALAB	Difference
Sharpe ratio: Return per unit of total volatility	2.86	3.33	-0.47
Sortino ratio: Return per unit of downside risk	3.15	3.19	-0.04
Omega ratio: Gain probability vs. loss probability	1.39	1.41	-0.01
Calmar ratio: Return relative to maximum drawdown	7.22	5.34	+1.88
Martin ratio: Return relative to average drawdown	16.84	10.53	+6.31

SITM vs. ALAB - Sharpe Ratio Comparison

The current SITM Sharpe Ratio is 2.86, which is comparable to the ALAB Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of SITM and ALAB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SITM vs. ALAB - Drawdown Comparison

The maximum SITM drawdown since its inception was -78.12%, which is greater than ALAB's maximum drawdown of -63.69%. Use the drawdown chart below to compare losses from any high point for SITM and ALAB.

Drawdown Indicators

	SITM	ALAB	Difference
Max Drawdown Largest peak-to-trough decline	-78.12%	-63.69%	-14.43%
Max Drawdown (1Y) Largest decline over 1 year	-30.59%	-60.19%	+29.60%
Max Drawdown (3Y) Largest decline over 3 years	-55.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-78.12%	—	—
Current Drawdown Current decline from peak	-19.13%	0.00%	-19.13%
Average Drawdown Average peak-to-trough decline	-36.71%	-29.29%	-7.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.10%	30.50%	-17.40%

Volatility

SITM vs. ALAB - Volatility Comparison

The current volatility for SiTime Corporation (SITM) is 22.43%, while Astera Labs, Inc. (ALAB) has a volatility of 31.61%. This indicates that SITM experiences smaller price fluctuations and is considered to be less risky than ALAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SITM	ALAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.43%	31.61%	-9.18%
Volatility (6M) Calculated over the trailing 6-month period	57.06%	69.77%	-12.71%
Volatility (1Y) Calculated over the trailing 1-year period	77.46%	96.74%	-19.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.39%	93.67%	-17.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.53%	93.67%	-13.14%

Dividends

SITM vs. ALAB - Dividend Comparison

Neither SITM nor ALAB has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

SITM vs. ALAB - Profitability Comparison

The chart below illustrates the profitability comparison between SiTime Corporation and Astera Labs, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SITM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SiTime Corporation reported a gross profit of 66.96M and revenue of 113.57M. Therefore, the gross margin over that period was 59.0%.

ALAB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported a gross profit of 235.14M and revenue of 308.36M. Therefore, the gross margin over that period was 76.3%.

SITM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SiTime Corporation reported an operating income of -12.34M and revenue of 113.57M, resulting in an operating margin of -10.9%.

ALAB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported an operating income of 61.83M and revenue of 308.36M, resulting in an operating margin of 20.1%.

SITM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SiTime Corporation reported a net income of -5.22M and revenue of 113.57M, resulting in a net margin of -4.6%.

ALAB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Astera Labs, Inc. reported a net income of 80.31M and revenue of 308.36M, resulting in a net margin of 26.0%.

Frequently Asked Questions

Can I hold both SITM and ALAB in my portfolio?

SITM and ALAB have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SITM or ALAB?

ALAB has higher volatility (31.61%) compared to SITM (22.43%). In terms of maximum drawdown, SITM dropped -78.12% vs ALAB's -63.69%.

Which has better risk-adjusted returns?

ALAB currently has the higher Sharpe Ratio (3.33 vs 2.86), 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.