SKYT vs. WOLF

Last updated Jun 4, 2026

SKYT (SkyWater Technology, Inc.) and WOLF (Wolfspeed, Inc.) are both stocks. Both operate in the Semiconductors industry within the Technology sector. At a 0.34 correlation, their price movements are largely independent.

Performance

SKYT vs. WOLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SkyWater Technology, Inc. (SKYT) and Wolfspeed, Inc. (WOLF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SKYT achieves a 111.29% return, which is significantly lower than WOLF's 254.22% return.

SKYT

• 1D: -3.86%
• 1M: 19.20%
• YTD: 111.29%
• 6M: 109.67%
• 1Y: 331.61%
• 3Y*: 54.67%
• 5Y*: 6.99%
• 10Y*: —

WOLF

• 1D: 1.00%
• 1M: 71.59%
• YTD: 254.22%
• 6M: 181.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SKYT vs. WOLF - Yearly Performance Comparison

	2026 (YTD)	2025
SKYT SkyWater Technology, Inc.	111.29%	-0.33%
WOLF Wolfspeed, Inc.	254.22%	-21.22%

Correlation

The correlation between SKYT and WOLF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.34

Fundamentals

Market Cap SKYT : $1.87B WOLF : $24.23B
EPS SKYT : $2.35 WOLF : -$11.53
PS Ratio SKYT : 3.44 WOLF : 11.88
PB Ratio SKYT : 10.38 WOLF : 23.71
Total Revenue (TTM) SKYT : $541.53M WOLF : $712.50M
Gross Profit (TTM) SKYT : $106.23M WOLF : -$208.10M
EBITDA (TTM) SKYT : $138.71M WOLF : -$1.26B

Return for Risk

SKYT vs. WOLF — Risk / Return Rank

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

SKYT

SKYT Risk / Return Rank: 95
SKYT Sharpe Ratio Rank: 96
SKYT Sortino Ratio Rank: 94
SKYT Omega Ratio Rank: 92
SKYT Calmar Ratio Rank: 96
SKYT Martin Ratio Rank: 95

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.

SKYT vs. WOLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SkyWater Technology, Inc. (SKYT) and Wolfspeed, Inc. (WOLF). 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.

	SKYT	WOLF	Difference
Sharpe ratio Return per unit of total volatility	3.44	—	—
Sortino ratio Return per unit of downside risk	3.97	—	—
Omega ratio Gain probability vs. loss probability	1.48	—	—
Calmar ratio Return relative to maximum drawdown	7.84	—	—
Martin ratio Return relative to average drawdown	20.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SKYT	WOLF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	3.01	-2.84

Drawdowns

SKYT vs. WOLF - Drawdown Comparison

The maximum SKYT drawdown since its inception was -86.72%, which is greater than WOLF's maximum drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for SKYT and WOLF.

Drawdown Indicators

	SKYT	WOLF	Difference
Max Drawdown Largest peak-to-trough decline	-86.72%	-58.22%	-28.50%
Max Drawdown (1Y) Largest decline over 1 year	-42.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-63.57%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-86.72%	—	—
Current Drawdown Current decline from peak	-3.86%	-16.10%	+12.24%
Average Drawdown Average peak-to-trough decline	-59.89%	-35.15%	-24.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.10%	—	—

Volatility

Volatility by Period

	SKYT	WOLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	97.23%	119.20%	-21.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.79%	119.20%	-22.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	97.41%	119.20%	-21.79%

Dividends

SKYT vs. WOLF - Dividend Comparison

Neither SKYT nor WOLF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

SKYT vs. WOLF - Profitability Comparison

The chart below illustrates the profitability comparison between SkyWater Technology, Inc. and Wolfspeed, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SKYT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SkyWater Technology, Inc. reported a gross profit of 32.15M and revenue of 160.69M. Therefore, the gross margin over that period was 20.0%.

WOLF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wolfspeed, Inc. reported a gross profit of -27.00M and revenue of 150.20M. Therefore, the gross margin over that period was -18.0%.

SKYT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SkyWater Technology, Inc. reported an operating income of -5.28M and revenue of 160.69M, resulting in an operating margin of -3.3%.

WOLF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wolfspeed, Inc. reported an operating income of -101.30M and revenue of 150.20M, resulting in an operating margin of -67.4%.

SKYT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SkyWater Technology, Inc. reported a net income of -12.31M and revenue of 160.69M, resulting in a net margin of -7.7%.

WOLF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wolfspeed, Inc. reported a net income of -119.90M and revenue of 150.20M, resulting in a net margin of -79.8%.

Frequently Asked Questions

Can I hold both SKYT and WOLF in my portfolio?

SKYT and WOLF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.