UCTT vs. VECO
UCTT (Ultra Clean Holdings, Inc.) and VECO (Veeco Instruments Inc.) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 10 years, UCTT returned 31.62%/yr vs 12.86%/yr for VECO. At a 0.47 correlation, their price movements are largely independent.
Performance
UCTT vs. VECO - Performance Comparison
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Returns By Period
In the year-to-date period, UCTT achieves a 265.38% return, which is significantly higher than VECO's 111.55% return. Over the past 10 years, UCTT has outperformed VECO with an annualized return of 31.62%, while VECO has yielded a comparatively lower 12.86% annualized return.
UCTT
- 1D
- 2.59%
- 1M
- 26.60%
- YTD
- 265.38%
- 6M
- 244.82%
- 1Y
- 349.49%
- 3Y*
- 39.08%
- 5Y*
- 9.91%
- 10Y*
- 31.62%
VECO
- 1D
- -0.90%
- 1M
- 18.71%
- YTD
- 111.55%
- 6M
- 92.24%
- 1Y
- 199.31%
- 3Y*
- 34.09%
- 5Y*
- 19.93%
- 10Y*
- 12.86%
UCTT vs. VECO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UCTT Ultra Clean Holdings, Inc. | 265.38% | -29.54% | 5.30% | 2.99% | -42.21% | 84.14% | 32.72% | 177.10% | -63.32% | 138.04% |
VECO Veeco Instruments Inc. | 111.55% | 6.64% | -13.63% | 67.01% | -34.74% | 64.00% | 18.22% | 98.18% | -50.10% | -49.06% |
Correlation
The correlation between UCTT and VECO is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2004 | 0.47 |
The correlation between UCTT and VECO shifts across timeframes, from 0.47 (all time) to 0.69 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
UCTT:
$4.19B
VECO:
$3.65B
UCTT:
-$4.28
VECO:
$0.38
UCTT:
2.03
VECO:
5.59
UCTT:
6.68
VECO:
4.13
UCTT:
$2.07B
VECO:
$655.34M
UCTT:
$323.40M
VECO:
$252.77M
UCTT:
-$53.90M
VECO:
$48.45M
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Return for Risk
UCTT vs. VECO — Risk / Return Rank
UCTT
VECO
UCTT vs. VECO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ultra Clean Holdings, Inc. (UCTT) and Veeco Instruments Inc. (VECO). 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.
| UCTT | VECO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.51 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 11.84 | 9.90 | +1.95 |
| Martin ratioReturn relative to average drawdown | 33.42 | 26.14 | +7.27 |
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
| UCTT | VECO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 5.12 | 3.56 | +1.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.45 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.25 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.09 | +0.10 |
Drawdowns
UCTT vs. VECO - Drawdown Comparison
The maximum UCTT drawdown since its inception was -95.20%, roughly equal to the maximum VECO drawdown of -96.68%. Use the drawdown chart below to compare losses from any high point for UCTT and VECO.
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Drawdown Indicators
| UCTT | VECO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.20% | -96.68% | +1.48% |
Max Drawdown (1Y)Largest decline over 1 year | -29.74% | -20.27% | -9.47% |
Max Drawdown (3Y)Largest decline over 3 years | -68.24% | -64.20% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -70.43% | -64.20% | -6.23% |
Max Drawdown (10Y)Largest decline over 10 years | -79.34% | -80.96% | +1.62% |
Current DrawdownCurrent decline from peak | 0.00% | -47.65% | +47.65% |
Average DrawdownAverage peak-to-trough decline | -46.38% | -70.50% | +24.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.52% | 7.66% | +2.86% |
Volatility
UCTT vs. VECO - Volatility Comparison
The current volatility for Ultra Clean Holdings, Inc. (UCTT) is 22.99%, while Veeco Instruments Inc. (VECO) has a volatility of 27.46%. This indicates that UCTT experiences smaller price fluctuations and is considered to be less risky than VECO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UCTT | VECO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.99% | 27.46% | -4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 54.76% | 45.57% | +9.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.88% | 56.50% | +12.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.44% | 44.55% | +13.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.77% | 51.01% | +7.76% |
Dividends
UCTT vs. VECO - Dividend Comparison
Neither UCTT nor VECO has paid dividends to shareholders.
Financials
UCTT vs. VECO - Financials Comparison
This section allows you to compare key financial metrics between Ultra Clean Holdings, Inc. and Veeco Instruments 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
UCTT vs. VECO - Profitability Comparison
UCTT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ultra Clean Holdings, Inc. reported a gross profit of 84.40M and revenue of 533.70M. Therefore, the gross margin over that period was 15.8%.
VECO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veeco Instruments Inc. reported a gross profit of 55.83M and revenue of 158.34M. Therefore, the gross margin over that period was 35.3%.
UCTT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ultra Clean Holdings, Inc. reported an operating income of 11.40M and revenue of 533.70M, resulting in an operating margin of 2.1%.
VECO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veeco Instruments Inc. reported an operating income of -2.66M and revenue of 158.34M, resulting in an operating margin of -1.7%.
UCTT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ultra Clean Holdings, Inc. reported a net income of -17.90M and revenue of 533.70M, resulting in a net margin of -3.4%.
VECO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veeco Instruments Inc. reported a net income of -324.00K and revenue of 158.34M, resulting in a net margin of -0.2%.
Frequently Asked Questions
UCTT and VECO have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VECO has higher volatility (27.46%) compared to UCTT (22.99%). In terms of maximum drawdown, UCTT dropped -95.20% vs VECO's -96.68%.
UCTT currently has the higher Sharpe Ratio (5.12 vs 3.56), 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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