SPWR vs. LUMN

Last updated Jun 3, 2026

SPWR (SunPower Corporation) and LUMN (Lumen Technologies, Inc.) are both stocks. SPWR operates in Solar (Technology), while LUMN operates in Telecom Services (Communication Services). A 0.50 correlation means they provide meaningful diversification when combined.

Performance

SPWR vs. LUMN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SunPower Corporation (SPWR) and Lumen Technologies, Inc. (LUMN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SPWR

• 1D: -4.85%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LUMN

• 1D: -0.38%
• 1M: 13.30%
• YTD: 35.91%
• 6M: 15.54%
• 1Y: 174.29%
• 3Y*: 73.84%
• 5Y*: -4.75%
• 10Y*: -3.61%

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

SPWR vs. LUMN - Yearly Performance Comparison

	2026 (YTD)
SPWR SunPower Corporation	-4.85%
LUMN Lumen Technologies, Inc.	-1.31%

Correlation

The correlation between SPWR and LUMN is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.50

Fundamentals

Market Cap SPWR : $832.06M LUMN : $10.55B
EPS SPWR : -$0.04 LUMN : -$1.75
PS Ratio SPWR : 2.31 LUMN : 0.87
Total Revenue (TTM) SPWR : $308.76M LUMN : $12.12B
Gross Profit (TTM) SPWR : $149.79M LUMN : $1.52B
EBITDA (TTM) SPWR : -$3.66M LUMN : $1.12B

Return for Risk

SPWR vs. LUMN — Risk / Return Rank

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

LUMN

LUMN Risk / Return Rank: 85
LUMN Sharpe Ratio Rank: 89
LUMN Sortino Ratio Rank: 85
LUMN Omega Ratio Rank: 84
LUMN Calmar Ratio Rank: 85
LUMN Martin Ratio Rank: 80

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.

SPWR vs. LUMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SunPower Corporation (SPWR) and Lumen Technologies, Inc. (LUMN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SPWR	LUMN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.20	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.89	0.18	-2.07

Drawdowns

SPWR vs. LUMN - Drawdown Comparison

The maximum SPWR drawdown since its inception was -7.55%, smaller than the maximum LUMN drawdown of -95.26%. Use the drawdown chart below to compare losses from any high point for SPWR and LUMN.

Drawdown Indicators

	SPWR	LUMN	Difference
Max Drawdown Largest peak-to-trough decline	-7.55%	-95.26%	+87.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-69.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.86%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-94.44%	—
Current Drawdown Current decline from peak	-7.55%	-48.91%	+41.36%
Average Drawdown Average peak-to-trough decline	-3.46%	-27.64%	+24.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.56%	—

Volatility

Volatility by Period

	SPWR	LUMN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	25.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	57.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	63.96%	79.78%	-15.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.96%	85.14%	-21.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.96%	67.50%	-3.54%

Dividends

SPWR vs. LUMN - Dividend Comparison

Neither SPWR nor LUMN has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LUMN Lumen Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	14.37%	7.97%	10.26%	7.57%	14.26%	12.95%	9.08%	8.59%
SPWR SunPower Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SPWR vs. LUMN - Profitability Comparison

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

SPWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SunPower Corporation reported a gross profit of 48.85M and revenue of 88.49M. Therefore, the gross margin over that period was 55.2%.

LUMN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lumen Technologies, Inc. reported a gross profit of 0.00 and revenue of 2.90B. Therefore, the gross margin over that period was 0.0%.

SPWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SunPower Corporation reported an operating income of -1.12M and revenue of 88.49M, resulting in an operating margin of -1.3%.

LUMN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lumen Technologies, Inc. reported an operating income of 602.00M and revenue of 2.90B, resulting in an operating margin of 20.8%.

SPWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SunPower Corporation reported a net income of -1.12M and revenue of 88.49M, resulting in a net margin of -1.3%.

LUMN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lumen Technologies, Inc. reported a net income of -200.00M and revenue of 2.90B, resulting in a net margin of -6.9%.

Frequently Asked Questions

Can I hold both SPWR and LUMN in my portfolio?

SPWR and LUMN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.