SITM vs. LASR
SITM (SiTime Corporation) and LASR (nLIGHT, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 5 years, SITM returned 42.48%/yr vs 15.13%/yr for LASR. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
SITM vs. LASR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SITM achieves a 113.23% return, which is significantly higher than LASR's 73.82% return.
SITM
- 1D
- 3.30%
- 1M
- 3.37%
- YTD
- 113.23%
- 6M
- 100.03%
- 1Y
- 229.88%
- 3Y*
- 87.20%
- 5Y*
- 42.48%
- 10Y*
- —
LASR
- 1D
- 0.73%
- 1M
- -16.99%
- YTD
- 73.82%
- 6M
- 70.50%
- 1Y
- 274.71%
- 3Y*
- 62.77%
- 5Y*
- 15.13%
- 10Y*
- —
SITM vs. LASR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SITM SiTime Corporation | 113.23% | 64.63% | 75.73% | 20.13% | -65.26% | 161.36% | 338.94% | 96.15% |
LASR nLIGHT, Inc. | 73.82% | 257.58% | -22.30% | 33.14% | -57.66% | -26.65% | 61.00% | 2.32% |
Correlation
The correlation between SITM and LASR is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Nov 20, 2019 | 0.51 |
The correlation between SITM and LASR has been stable across timeframes, ranging from 0.50 to 0.52 - a consistent structural relationship.
Fundamentals
SITM:
$19.84B
LASR:
$3.91B
SITM:
-$0.94
LASR:
-$0.28
SITM:
51.14
LASR:
11.82
SITM:
17.12
LASR:
9.11
SITM:
$379.91M
LASR:
$289.84M
SITM:
$211.60M
LASR:
$90.68M
SITM:
-$13.71M
LASR:
-$3.27M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SITM vs. LASR — Risk / Return Rank
SITM
LASR
SITM vs. LASR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SiTime Corporation (SITM) and nLIGHT, Inc. (LASR). 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 | LASR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.44 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 7.57 | 10.56 | -3.00 |
| Martin ratioReturn relative to average drawdown | 17.58 | 32.80 | -15.22 |
Loading charts...
Drawdowns
SITM vs. LASR - Drawdown Comparison
The maximum SITM drawdown since its inception was -78.12%, smaller than the maximum LASR drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for SITM and LASR.
Loading charts...
Drawdown Indicators
| SITM | LASR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.12% | -85.66% | +7.54% |
Max Drawdown (1Y)Largest decline over 1 year | -30.59% | -26.19% | -4.40% |
Max Drawdown (3Y)Largest decline over 3 years | -55.26% | -58.69% | +3.43% |
Max Drawdown (5Y)Largest decline over 5 years | -78.12% | -82.47% | +4.35% |
Current DrawdownCurrent decline from peak | -16.46% | -23.25% | +6.79% |
Average DrawdownAverage peak-to-trough decline | -36.70% | -52.58% | +15.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.14% | 8.42% | +4.72% |
Volatility
SITM vs. LASR - Volatility Comparison
The current volatility for SiTime Corporation (SITM) is 22.63%, while nLIGHT, Inc. (LASR) has a volatility of 24.28%. This indicates that SITM experiences smaller price fluctuations and is considered to be less risky than LASR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SITM | LASR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.63% | 24.28% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 57.06% | 60.96% | -3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 77.61% | 78.44% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 76.38% | 65.38% | +11.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.51% | 66.61% | +13.90% |
Dividends
SITM vs. LASR - Dividend Comparison
Neither SITM nor LASR has paid dividends to shareholders.
Financials
SITM vs. LASR - Financials Comparison
This section allows you to compare key financial metrics between SiTime Corporation and nLIGHT, 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
SITM vs. LASR - Profitability Comparison
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%.
LASR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, nLIGHT, Inc. reported a gross profit of 26.51M and revenue of 80.18M. Therefore, the gross margin over that period was 33.1%.
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%.
LASR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, nLIGHT, Inc. reported an operating income of -719.00K and revenue of 80.18M, resulting in an operating margin of -0.9%.
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%.
LASR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, nLIGHT, Inc. reported a net income of 645.00K and revenue of 80.18M, resulting in a net margin of 0.8%.
Frequently Asked Questions
SITM and LASR have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LASR has higher volatility (24.28%) compared to SITM (22.63%). In terms of maximum drawdown, SITM dropped -78.12% vs LASR's -85.66%.
LASR currently has the higher Sharpe Ratio (3.53 vs 2.99), 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.
Find the right allocation for SITM and LASR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer