TRT vs. AAOI
TRT (Trio-Tech International) and AAOI (Applied Optoelectronics, Inc.) are both stocks. Both are in the Technology sector — TRT in Semiconductor Equipment & Materials, AAOI in Semiconductors. Over the past 10 years, TRT returned 18.07%/yr vs 31.54%/yr for AAOI. At a 0.14 correlation, their price movements are largely independent.
Performance
TRT vs. AAOI - Performance Comparison
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Returns By Period
In the year-to-date period, TRT achieves a 57.85% return, which is significantly lower than AAOI's 407.75% return. Over the past 10 years, TRT has underperformed AAOI with an annualized return of 18.07%, while AAOI has yielded a comparatively higher 31.54% annualized return.
TRT
- 1D
- -17.52%
- 1M
- -17.19%
- YTD
- 57.85%
- 6M
- 139.68%
- 1Y
- 308.39%
- 3Y*
- 62.95%
- 5Y*
- 27.93%
- 10Y*
- 18.07%
AAOI
- 1D
- -12.76%
- 1M
- -0.86%
- YTD
- 407.75%
- 6M
- 565.66%
- 1Y
- 988.56%
- 3Y*
- 302.22%
- 5Y*
- 83.79%
- 10Y*
- 31.54%
TRT vs. AAOI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRT Trio-Tech International | 57.85% | 127.88% | 14.60% | 12.66% | -66.49% | 239.01% | -0.71% | 62.20% | -64.91% | 111.35% |
AAOI Applied Optoelectronics, Inc. | 407.75% | -5.43% | 90.79% | 922.22% | -63.23% | -39.60% | -28.37% | -23.01% | -59.20% | 61.35% |
Correlation
The correlation between TRT and AAOI is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2013 | 0.14 |
Fundamentals
TRT:
$101.87M
AAOI:
$13.45B
TRT:
$0.07
AAOI:
-$0.65
TRT:
2.24
AAOI:
23.25
TRT:
2.97
AAOI:
12.16
TRT:
$41.83M
AAOI:
$507.00M
TRT:
$10.27M
AAOI:
$150.29M
TRT:
$2.03M
AAOI:
-$26.44M
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Return for Risk
TRT vs. AAOI — Risk / Return Rank
TRT
AAOI
TRT vs. AAOI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trio-Tech International (TRT) and Applied Optoelectronics, Inc. (AAOI). 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.
| TRT | AAOI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.76 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.52 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 6.49 | 20.97 | -14.48 |
| Martin ratioReturn relative to average drawdown | 18.75 | 58.89 | -40.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRT | AAOI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.49 | 7.25 | -4.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.71 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.32 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.28 | -0.16 |
Drawdowns
TRT vs. AAOI - Drawdown Comparison
The maximum TRT drawdown since its inception was -95.03%, roughly equal to the maximum AAOI drawdown of -98.49%. Use the drawdown chart below to compare losses from any high point for TRT and AAOI.
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Drawdown Indicators
| TRT | AAOI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.03% | -98.49% | +3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -47.88% | -47.64% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -47.88% | -77.17% | +29.29% |
Max Drawdown (5Y)Largest decline over 5 years | -69.77% | -83.07% | +13.30% |
Max Drawdown (10Y)Largest decline over 10 years | -70.64% | -98.49% | +27.85% |
Current DrawdownCurrent decline from peak | -47.88% | -20.66% | -27.22% |
Average DrawdownAverage peak-to-trough decline | -68.06% | -65.76% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.53% | 16.93% | -0.40% |
Volatility
TRT vs. AAOI - Volatility Comparison
Trio-Tech International (TRT) has a higher volatility of 67.42% compared to Applied Optoelectronics, Inc. (AAOI) at 46.00%. This indicates that TRT's price experiences larger fluctuations and is considered to be riskier than AAOI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRT | AAOI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 67.42% | 46.00% | +21.42% |
Volatility (6M)Calculated over the trailing 6-month period | 107.40% | 108.45% | -1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 124.81% | 137.86% | -13.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 80.17% | 118.91% | -38.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 67.90% | 98.05% | -30.15% |
Dividends
TRT vs. AAOI - Dividend Comparison
Neither TRT nor AAOI has paid dividends to shareholders.
Financials
TRT vs. AAOI - Financials Comparison
This section allows you to compare key financial metrics between Trio-Tech International and Applied Optoelectronics, 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
Frequently Asked Questions
TRT and AAOI have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRT has higher volatility (67.42%) compared to AAOI (46.00%). In terms of maximum drawdown, TRT dropped -95.03% vs AAOI's -98.49%.
AAOI currently has the higher Sharpe Ratio (7.25 vs 2.49), 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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