VECO vs. MLI
Compare and contrast key facts about Veeco Instruments Inc. (VECO) and Mueller Industries, Inc. (MLI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VECO or MLI.
Correlation
The correlation between VECO and MLI is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VECO vs. MLI - Performance Comparison
Key characteristics
VECO:
-0.64
MLI:
2.09
VECO:
-0.73
MLI:
3.11
VECO:
0.91
MLI:
1.37
VECO:
-0.35
MLI:
3.61
VECO:
-0.96
MLI:
8.99
VECO:
29.09%
MLI:
7.94%
VECO:
43.28%
MLI:
34.25%
VECO:
-96.68%
MLI:
-61.71%
VECO:
-78.64%
MLI:
-14.53%
Fundamentals
VECO:
$1.40B
MLI:
$9.24B
VECO:
$1.25
MLI:
$5.36
VECO:
19.74
MLI:
15.16
VECO:
0.53
MLI:
0.00
VECO:
$535.17M
MLI:
$3.77B
VECO:
$228.20M
MLI:
$1.71B
VECO:
$91.91M
MLI:
$787.87M
Returns By Period
In the year-to-date period, VECO achieves a -7.95% return, which is significantly lower than MLI's 2.42% return. Over the past 10 years, VECO has underperformed MLI with an annualized return of -2.31%, while MLI has yielded a comparatively higher 19.30% annualized return.
VECO
-7.95%
-7.88%
-35.70%
-30.45%
6.43%
-2.31%
MLI
2.42%
0.05%
19.38%
62.79%
40.16%
19.30%
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Risk-Adjusted Performance
VECO vs. MLI — Risk-Adjusted Performance Rank
VECO
MLI
VECO vs. MLI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veeco Instruments Inc. (VECO) and Mueller Industries, Inc. (MLI). 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.
Dividends
VECO vs. MLI - Dividend Comparison
VECO has not paid dividends to shareholders, while MLI's dividend yield for the trailing twelve months is around 0.98%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VECO Veeco Instruments 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% |
MLI Mueller Industries, Inc. | 0.98% | 1.01% | 1.27% | 2.54% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% | 0.88% |
Drawdowns
VECO vs. MLI - Drawdown Comparison
The maximum VECO drawdown since its inception was -96.68%, which is greater than MLI's maximum drawdown of -61.71%. Use the drawdown chart below to compare losses from any high point for VECO and MLI. For additional features, visit the drawdowns tool.
Volatility
VECO vs. MLI - Volatility Comparison
Veeco Instruments Inc. (VECO) has a higher volatility of 12.65% compared to Mueller Industries, Inc. (MLI) at 7.44%. This indicates that VECO's price experiences larger fluctuations and is considered to be riskier than MLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
VECO vs. MLI - Financials Comparison
This section allows you to compare key financial metrics between Veeco Instruments Inc. and Mueller Industries, 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