SITM vs. RELY
SITM (SiTime Corporation) and RELY (Remitly Global, Inc.) are both stocks. Both are in the Technology sector — SITM in Semiconductors, RELY in Software - Infrastructure. Over the past 3 years, SITM returned 58.81%/yr vs 5.00%/yr for RELY. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
SITM vs. RELY - Performance Comparison
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Returns By Period
In the year-to-date period, SITM achieves a 51.53% return, which is significantly lower than RELY's 65.00% return.
SITM
- 1D
- 1.39%
- 1M
- -23.96%
- 6M
- 47.39%
- YTD
- 51.53%
- 1Y
- 163.84%
- 3Y*
- 58.81%
- 5Y*
- 31.59%
- 10Y*
- —
- ALL TIME*
- 74.26%
RELY
- 1D
- -2.90%
- 1M
- -0.78%
- 6M
- 72.24%
- YTD
- 65.00%
- 1Y
- 38.00%
- 3Y*
- 5.00%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -15.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $53.79M | $61.54M | $101.04M | |
| $238.88M | $264.90M | $400.80M |
SITM vs. RELY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SITM SiTime Corporation | 51.53% | 64.63% | 75.73% | 20.13% | -65.26% | 27.80% |
RELY Remitly Global, Inc. | 65.00% | -38.86% | 16.22% | 69.61% | -44.47% | -61.02% |
Correlation
The correlation between SITM and RELY is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.28 |
Over the past year, the correlation between SITM and RELY has dropped to 0.08 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
SITM:
$14.13B
RELY:
$4.79B
SITM:
-$0.92
RELY:
$0.49
SITM:
37.22
RELY:
2.86
SITM:
12.16
RELY:
5.45
SITM:
$379.91M
RELY:
$1.73B
SITM:
$211.60M
RELY:
$753.03M
SITM:
-$13.71M
RELY:
$142.85M
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Return for Risk
SITM vs. RELY — Risk / Return Rank
SITM
RELY
SITM vs. RELY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SiTime Corporation (SITM) and Remitly Global, Inc. (RELY). 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 | RELY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.19 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 0.96 | +2.42 |
| Martin ratioReturn relative to average drawdown | 10.14 | 1.76 | +8.38 |
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Drawdowns
SITM vs. RELY - Drawdown Comparison
The maximum SITM drawdown since its inception was -78.12%, smaller than the maximum RELY drawdown of -86.99%. Use the drawdown chart below to compare losses from any high point for SITM and RELY.
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Drawdown Indicators
| SITM | RELY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.12% | -86.99% | +8.87% |
Max Drawdown (1Y)Largest decline over 1 year | -48.73% | -39.75% | -8.98% |
Max Drawdown (3Y)Largest decline over 3 years | -55.26% | -57.92% | +2.66% |
Max Drawdown (5Y)Largest decline over 5 years | -78.12% | — | — |
Current DrawdownCurrent decline from peak | -40.63% | -56.96% | +16.33% |
Average DrawdownAverage peak-to-trough decline | -36.64% | -67.14% | +30.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.24% | 21.71% | -5.47% |
Volatility
SITM vs. RELY - Volatility Comparison
SiTime Corporation (SITM) has a higher volatility of 27.75% compared to Remitly Global, Inc. (RELY) at 11.62%. This indicates that SITM's price experiences larger fluctuations and is considered to be riskier than RELY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SITM | RELY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.75% | 11.62% | +16.13% |
Volatility (6M)Calculated over the trailing 6-month period | 62.42% | 38.88% | +23.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.71% | 56.25% | +24.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 77.22% | 58.70% | +18.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.69% | 58.70% | +21.99% |
Dividends
SITM vs. RELY - Dividend Comparison
Neither SITM nor RELY has paid dividends to shareholders.
Financials
SITM vs. RELY - Financials Comparison
This section allows you to compare key financial metrics between SiTime Corporation and Remitly Global, 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. RELY - Profitability Comparison
SITM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
RELY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.
SITM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SiTime Corporation reported an operating income of -12.34M and revenue of 113.57M, resulting in an operating margin of -10.9%.
RELY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.
SITM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SiTime Corporation reported a net income of -5.22M and revenue of 113.57M, resulting in a net margin of -4.6%.
RELY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.
Frequently Asked Questions
SITM and RELY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SITM has higher volatility (27.75%) compared to RELY (11.62%). In terms of maximum drawdown, SITM dropped -78.12% vs RELY's -86.99%.
SITM currently has the higher Sharpe Ratio (2.04 vs 0.68), 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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