VECO vs. ACLS
VECO (Veeco Instruments Inc.) and ACLS (Axcelis Technologies, Inc.) are both stocks. Both operate in the Semiconductor Equipment & Materials industry within the Technology sector. Over the past 10 years, VECO returned 16.20%/yr vs 32.01%/yr for ACLS. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
VECO vs. ACLS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VECO achieves a 161.86% return, which is significantly higher than ACLS's 112.92% return. Over the past 10 years, VECO has underperformed ACLS with an annualized return of 16.20%, while ACLS has yielded a comparatively higher 32.01% annualized return.
VECO
- 1D
- -3.38%
- 1M
- 25.68%
- YTD
- 161.86%
- 6M
- 153.01%
- 1Y
- 279.51%
- 3Y*
- 45.67%
- 5Y*
- 25.48%
- 10Y*
- 16.20%
ACLS
- 1D
- -6.99%
- 1M
- 9.00%
- YTD
- 112.92%
- 6M
- 104.37%
- 1Y
- 157.12%
- 3Y*
- 0.51%
- 5Y*
- 34.01%
- 10Y*
- 32.01%
VECO vs. ACLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VECO Veeco Instruments Inc. | 161.86% | 6.64% | -13.63% | 67.01% | -34.74% | 64.00% | 18.22% | 98.18% | -50.10% | -49.06% |
ACLS Axcelis Technologies, Inc. | 112.92% | 14.98% | -46.13% | 63.42% | 6.44% | 156.04% | 20.83% | 35.39% | -37.98% | 97.25% |
Correlation
The correlation between VECO and ACLS is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2000 | 0.53 |
Over the past year, VECO and ACLS have become more correlated (0.86) than their long-term average of 0.53, meaning their price movements have been converging.
Fundamentals
VECO:
$4.52B
ACLS:
$5.30B
VECO:
$0.38
ACLS:
$3.21
VECO:
196.01
ACLS:
53.27
VECO:
2.05
ACLS:
3.13
VECO:
6.91
ACLS:
6.36
VECO:
5.12
ACLS:
5.07
VECO:
$655.34M
ACLS:
$845.44M
VECO:
$252.77M
ACLS:
$368.66M
VECO:
$48.45M
ACLS:
$129.11M
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
VECO vs. ACLS — Risk / Return Rank
VECO
ACLS
VECO vs. ACLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Veeco Instruments Inc. (VECO) and Axcelis Technologies, Inc. (ACLS). 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.
| VECO | ACLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.40 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 13.89 | 6.03 | +7.86 |
| Martin ratioReturn relative to average drawdown | 36.93 | 13.91 | +23.01 |
Loading charts...
Drawdowns
VECO vs. ACLS - Drawdown Comparison
The maximum VECO drawdown since its inception was -96.68%, roughly equal to the maximum ACLS drawdown of -99.38%. Use the drawdown chart below to compare losses from any high point for VECO and ACLS.
Loading charts...
Drawdown Indicators
| VECO | ACLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.68% | -99.38% | +2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -20.27% | -26.20% | +5.93% |
Max Drawdown (3Y)Largest decline over 3 years | -64.20% | -78.84% | +14.64% |
Max Drawdown (5Y)Largest decline over 5 years | -64.20% | -78.84% | +14.64% |
Max Drawdown (10Y)Largest decline over 10 years | -80.96% | -78.84% | -2.12% |
Current DrawdownCurrent decline from peak | -35.20% | -14.67% | -20.53% |
Average DrawdownAverage peak-to-trough decline | -70.45% | -73.43% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.61% | 11.34% | -3.73% |
Volatility
VECO vs. ACLS - Volatility Comparison
Veeco Instruments Inc. (VECO) and Axcelis Technologies, Inc. (ACLS) have volatilities of 25.12% and 24.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VECO | ACLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.12% | 24.47% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 49.80% | 49.71% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.18% | 59.36% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.66% | 55.42% | -9.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.49% | 53.76% | -2.27% |
Dividends
VECO vs. ACLS - Dividend Comparison
Neither VECO nor ACLS has paid dividends to shareholders.
Financials
VECO vs. ACLS - Financials Comparison
This section allows you to compare key financial metrics between Veeco Instruments Inc. and Axcelis 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
VECO vs. ACLS - Profitability Comparison
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%.
ACLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axcelis Technologies, Inc. reported a gross profit of 80.58M and revenue of 198.96M. Therefore, the gross margin over that period was 40.5%.
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%.
ACLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axcelis Technologies, Inc. reported an operating income of 7.95M and revenue of 198.96M, resulting in an operating margin of 4.0%.
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%.
ACLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axcelis Technologies, Inc. reported a net income of 9.21M and revenue of 198.96M, resulting in a net margin of 4.6%.
Frequently Asked Questions
VECO and ACLS have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VECO has higher volatility (25.12%) compared to ACLS (24.47%). In terms of maximum drawdown, VECO dropped -96.68% vs ACLS's -99.38%.
VECO currently has the higher Sharpe Ratio (4.68 vs 2.66), 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 VECO and ACLS
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