SNX vs. LPTH
SNX (TD SYNNEX Corporation) and LPTH (LightPath Technologies, Inc.) are both stocks. Both are in the Technology sector — SNX in Information Technology Services, LPTH in Electronic Components. Over the past 10 years, SNX returned 21.11%/yr vs 22.79%/yr for LPTH. At a 0.11 correlation, their price movements are largely independent.
Performance
SNX vs. LPTH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNX achieves a 87.85% return, which is significantly higher than LPTH's 32.04% return. Over the past 10 years, SNX has underperformed LPTH with an annualized return of 21.11%, while LPTH has yielded a comparatively higher 22.79% annualized return.
SNX
- 1D
- 1.28%
- 1M
- 21.87%
- YTD
- 87.85%
- 6M
- 81.30%
- 1Y
- 130.17%
- 3Y*
- 45.20%
- 5Y*
- 18.23%
- 10Y*
- 21.11%
LPTH
- 1D
- -8.82%
- 1M
- 23.78%
- YTD
- 32.04%
- 6M
- 76.05%
- 1Y
- 360.00%
- 3Y*
- 116.77%
- 5Y*
- 38.88%
- 10Y*
- 22.79%
SNX vs. LPTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNX TD SYNNEX Corporation | 87.85% | 29.82% | 10.55% | 15.25% | -16.11% | 41.48% | 26.81% | 61.74% | -39.71% | 13.33% |
LPTH LightPath Technologies, Inc. | 32.04% | 205.95% | 180.16% | 3.28% | -50.00% | -37.76% | 440.69% | -51.34% | -32.88% | 44.16% |
Correlation
The correlation between SNX and LPTH is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2003 | 0.11 |
The correlation between SNX and LPTH shifts across timeframes, from 0.11 (all time) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SNX:
$22.50B
LPTH:
$836.05M
SNX:
$12.13
LPTH:
-$85.64K
SNX:
0.35
LPTH:
0.00
SNX:
2.56
LPTH:
0.00
SNX:
$65.14B
LPTH:
$19.15T
SNX:
$4.43B
LPTH:
$6.96T
SNX:
$1.91B
LPTH:
-$4.25T
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
SNX vs. LPTH — Risk / Return Rank
SNX
LPTH
SNX vs. LPTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TD SYNNEX Corporation (SNX) and LightPath Technologies, Inc. (LPTH). 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.
| SNX | LPTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.40 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 9.01 | 10.18 | -1.17 |
| Martin ratioReturn relative to average drawdown | 22.30 | 23.51 | -1.21 |
Loading charts...
Drawdowns
SNX vs. LPTH - Drawdown Comparison
The maximum SNX drawdown since its inception was -67.27%, smaller than the maximum LPTH drawdown of -99.65%. Use the drawdown chart below to compare losses from any high point for SNX and LPTH.
Loading charts...
Drawdown Indicators
| SNX | LPTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.27% | -99.65% | +32.38% |
Max Drawdown (1Y)Largest decline over 1 year | -13.97% | -40.52% | +26.55% |
Max Drawdown (3Y)Largest decline over 3 years | -33.78% | -61.08% | +27.30% |
Max Drawdown (5Y)Largest decline over 5 years | -36.52% | -64.66% | +28.14% |
Max Drawdown (10Y)Largest decline over 10 years | -55.94% | -86.28% | +30.34% |
Current DrawdownCurrent decline from peak | 0.00% | -78.17% | +78.17% |
Average DrawdownAverage peak-to-trough decline | -15.34% | -86.30% | +70.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.64% | 17.52% | -11.88% |
Volatility
SNX vs. LPTH - Volatility Comparison
The current volatility for TD SYNNEX Corporation (SNX) is 10.01%, while LightPath Technologies, Inc. (LPTH) has a volatility of 37.05%. This indicates that SNX experiences smaller price fluctuations and is considered to be less risky than LPTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNX | LPTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.01% | 37.05% | -27.04% |
Volatility (6M)Calculated over the trailing 6-month period | 23.99% | 83.89% | -59.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.33% | 115.53% | -85.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.57% | 83.02% | -53.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.54% | 79.57% | -45.03% |
Dividends
SNX vs. LPTH - Dividend Comparison
SNX's dividend yield for the trailing twelve months is around 0.66%, while LPTH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LPTH LightPath Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SNX TD SYNNEX Corporation | 0.66% | 1.17% | 1.36% | 1.30% | 1.27% | 0.70% | 0.25% | 1.16% | 1.73% | 0.77% | 0.70% | 0.64% |
Financials
SNX vs. LPTH - Financials Comparison
This section allows you to compare key financial metrics between TD SYNNEX Corporation and LightPath Technologies, 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
SNX vs. LPTH - Profitability Comparison
SNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported a gross profit of 1.25B and revenue of 17.16B. Therefore, the gross margin over that period was 7.3%.
LPTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a gross profit of 6.96T and revenue of 19.15T. Therefore, the gross margin over that period was 36.3%.
SNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported an operating income of 489.36M and revenue of 17.16B, resulting in an operating margin of 2.9%.
LPTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported an operating income of -4.25T and revenue of 19.15T, resulting in an operating margin of -22.2%.
SNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TD SYNNEX Corporation reported a net income of 326.92M and revenue of 17.16B, resulting in a net margin of 1.9%.
LPTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a net income of -4.11T and revenue of 19.15T, resulting in a net margin of -21.4%.
Frequently Asked Questions
SNX and LPTH have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (37.05%) compared to SNX (10.01%). In terms of maximum drawdown, SNX dropped -67.27% vs LPTH's -99.65%.
SNX currently has the higher Sharpe Ratio (4.15 vs 3.57), 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 SNX and LPTH
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