VIAV vs. ASYS
VIAV (Viavi Solutions Inc.) and ASYS (Amtech Systems, Inc.) are both stocks. Both are in the Technology sector — VIAV in Communication Equipment, ASYS in Semiconductor Equipment & Materials. Over the past 10 years, VIAV returned 17.94%/yr vs 9.83%/yr for ASYS. Their 0.28 correlation means their historical movements had little consistent relationship.
Performance
VIAV vs. ASYS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VIAV achieves a 111.84% return, which is significantly higher than ASYS's 25.10% return. Over the past 10 years, VIAV has outperformed ASYS with an annualized return of 17.94%, while ASYS has yielded a comparatively lower 9.83% annualized return.
VIAV
- 1D
- 2.17%
- 1M
- -9.39%
- 6M
- 47.52%
- YTD
- 111.84%
- 1Y
- 286.78%
- 3Y*
- 51.30%
- 5Y*
- 18.19%
- 10Y*
- 17.94%
- ALL TIME*
- 16.74%
ASYS
- 1D
- 2.35%
- 1M
- -16.49%
- 6M
- -11.05%
- YTD
- 25.10%
- 1Y
- 244.30%
- 3Y*
- 13.18%
- 5Y*
- 9.66%
- 10Y*
- 9.83%
- ALL TIME*
- -0.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.13M | $6.32M | $8.87M | |
| $180.63M | $183.69M | $326.08M |
VIAV vs. ASYS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VIAV Viavi Solutions Inc. | 111.84% | 76.44% | 0.30% | -4.19% | -40.35% | 17.66% | -0.17% | 49.25% | 14.99% | 6.85% |
ASYS Amtech Systems, Inc. | 25.10% | 130.28% | 29.76% | -44.74% | -23.08% | 54.86% | -10.89% | 58.06% | -55.01% | 136.94% |
Correlation
The correlation between VIAV and ASYS is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2015 | 0.28 |
The correlation between VIAV and ASYS shifts across timeframes, from 0.27 (10 years) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
VIAV:
$9.31B
ASYS:
$227.64M
VIAV:
-$0.24
ASYS:
$0.14
VIAV:
6.41
ASYS:
2.91
VIAV:
11.13
ASYS:
4.16
VIAV:
$1.37B
ASYS:
$78.84M
VIAV:
$767.90M
ASYS:
$36.21M
VIAV:
$88.40M
ASYS:
$5.86M
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
VIAV vs. ASYS — Risk / Return Rank
VIAV
ASYS
VIAV vs. ASYS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Viavi Solutions Inc. (VIAV) and Amtech Systems, Inc. (ASYS). 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.
| VIAV | ASYS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.36 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 6.92 | 5.71 | +1.21 |
| Martin ratioReturn relative to average drawdown | 27.14 | 12.19 | +14.95 |
Loading charts...
Drawdowns
VIAV vs. ASYS - Drawdown Comparison
The maximum VIAV drawdown since its inception was -62.88%, smaller than the maximum ASYS drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for VIAV and ASYS.
Loading charts...
Drawdown Indicators
| VIAV | ASYS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.88% | -97.05% | +34.17% |
Max Drawdown (1Y)Largest decline over 1 year | -41.75% | -43.10% | +1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -41.75% | -69.07% | +27.32% |
Max Drawdown (5Y)Largest decline over 5 years | -62.79% | -78.40% | +15.61% |
Max Drawdown (10Y)Largest decline over 10 years | -62.88% | -78.40% | +15.52% |
Current DrawdownCurrent decline from peak | -31.77% | -45.99% | +14.22% |
Average DrawdownAverage peak-to-trough decline | -20.26% | -72.68% | +52.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.62% | 20.14% | -9.52% |
Volatility
VIAV vs. ASYS - Volatility Comparison
Viavi Solutions Inc. (VIAV) has a higher volatility of 24.35% compared to Amtech Systems, Inc. (ASYS) at 22.89%. This indicates that VIAV's price experiences larger fluctuations and is considered to be riskier than ASYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VIAV | ASYS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.35% | 22.89% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 58.59% | 73.49% | -14.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.04% | 94.44% | -24.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.18% | 68.00% | -22.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.65% | 63.07% | -23.42% |
Dividends
VIAV vs. ASYS - Dividend Comparison
Neither VIAV nor ASYS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASYS Amtech Systems, 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% |
VIAV Viavi Solutions Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 77.01% |
Financials
VIAV vs. ASYS - Financials Comparison
This section allows you to compare key financial metrics between Viavi Solutions Inc. and Amtech Systems, 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
VIAV vs. ASYS - Profitability Comparison
VIAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Viavi Solutions Inc. reported a gross profit of 234.10M and revenue of 406.80M. Therefore, the gross margin over that period was 57.6%.
ASYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Amtech Systems, Inc. reported a gross profit of 9.77M and revenue of 20.47M. Therefore, the gross margin over that period was 47.7%.
VIAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Viavi Solutions Inc. reported an operating income of 24.80M and revenue of 406.80M, resulting in an operating margin of 6.1%.
ASYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Amtech Systems, Inc. reported an operating income of 1.79M and revenue of 20.47M, resulting in an operating margin of 8.8%.
VIAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Viavi Solutions Inc. reported a net income of 6.40M and revenue of 406.80M, resulting in a net margin of 1.6%.
ASYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Amtech Systems, Inc. reported a net income of 1.17M and revenue of 20.47M, resulting in a net margin of 5.7%.
Frequently Asked Questions
VIAV and ASYS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIAV has higher volatility (24.35%) compared to ASYS (22.89%). In terms of maximum drawdown, VIAV dropped -62.88% vs ASYS's -97.05%.
VIAV currently has the higher Sharpe Ratio (4.13 vs 2.61), 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 VIAV and ASYS
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