VREX vs. ASYS
VREX (Varex Imaging Corporation) and ASYS (Amtech Systems, Inc.) are both stocks. VREX operates in Medical Devices (Healthcare), while ASYS operates in Semiconductor Equipment & Materials (Technology). Over the past 5 years, VREX returned -16.61%/yr vs 16.47%/yr for ASYS. At a 0.19 correlation, their price movements are largely independent.
Performance
VREX vs. ASYS - Performance Comparison
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Returns By Period
In the year-to-date period, VREX achieves a -12.88% return, which is significantly lower than ASYS's 67.89% return.
VREX
- 1D
- 2.11%
- 1M
- -12.58%
- YTD
- -12.88%
- 6M
- -11.43%
- 1Y
- 28.32%
- 3Y*
- -23.07%
- 5Y*
- -16.61%
- 10Y*
- —
ASYS
- 1D
- -4.01%
- 1M
- 27.85%
- YTD
- 67.89%
- 6M
- 140.53%
- 1Y
- 438.87%
- 3Y*
- 31.48%
- 5Y*
- 16.47%
- 10Y*
- 11.99%
VREX vs. ASYS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VREX Varex Imaging Corporation | -12.88% | -20.15% | -28.83% | 0.99% | -35.66% | 89.15% | -44.05% | 25.89% | -41.05% | 42.70% |
ASYS Amtech Systems, Inc. | 67.89% | 130.28% | 29.76% | -44.74% | -23.08% | 54.86% | -10.89% | 58.06% | -55.01% | 136.38% |
Correlation
The correlation between VREX and ASYS 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 | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2017 | 0.19 |
Fundamentals
VREX:
$425.29M
ASYS:
$312.51M
VREX:
-$1.97
ASYS:
$0.14
VREX:
0.50
ASYS:
3.89
VREX:
0.90
ASYS:
5.58
VREX:
$857.50M
ASYS:
$78.84M
VREX:
$287.70M
ASYS:
$36.21M
VREX:
-$5.80M
ASYS:
$5.86M
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Return for Risk
VREX vs. ASYS — Risk / Return Rank
VREX
ASYS
VREX vs. ASYS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Varex Imaging Corporation (VREX) 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.
| VREX | ASYS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.54 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 11.02 | -10.21 |
| Martin ratioReturn relative to average drawdown | 2.07 | 24.73 | -22.65 |
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
| VREX | ASYS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 5.14 | -4.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.38 | 0.25 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.23 | 0.00 | -0.23 |
Drawdowns
VREX vs. ASYS - Drawdown Comparison
The maximum VREX drawdown since its inception was -84.16%, smaller than the maximum ASYS drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for VREX and ASYS.
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Drawdown Indicators
| VREX | ASYS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.16% | -97.05% | +12.89% |
Max Drawdown (1Y)Largest decline over 1 year | -35.10% | -40.15% | +5.05% |
Max Drawdown (3Y)Largest decline over 3 years | -71.14% | -69.29% | -1.85% |
Max Drawdown (5Y)Largest decline over 5 years | -78.77% | -78.40% | -0.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -78.40% | — |
Current DrawdownCurrent decline from peak | -76.63% | -27.52% | -49.11% |
Average DrawdownAverage peak-to-trough decline | -46.12% | -72.84% | +26.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.70% | 17.86% | -4.16% |
Volatility
VREX vs. ASYS - Volatility Comparison
The current volatility for Varex Imaging Corporation (VREX) is 23.08%, while Amtech Systems, Inc. (ASYS) has a volatility of 26.96%. This indicates that VREX experiences smaller price fluctuations and is considered to be less risky than ASYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VREX | ASYS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.08% | 26.96% | -3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 33.06% | 66.87% | -33.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.44% | 86.16% | -34.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.39% | 65.97% | -21.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.54% | 61.86% | -16.32% |
Dividends
VREX vs. ASYS - Dividend Comparison
Neither VREX nor ASYS has paid dividends to shareholders.
Financials
VREX vs. ASYS - Financials Comparison
This section allows you to compare key financial metrics between Varex Imaging Corporation 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
VREX vs. ASYS - Profitability Comparison
VREX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Varex Imaging Corporation reported a gross profit of 72.60M and revenue of 216.00M. Therefore, the gross margin over that period was 33.6%.
ASYS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
VREX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Varex Imaging Corporation reported an operating income of 14.40M and revenue of 216.00M, resulting in an operating margin of 6.7%.
ASYS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amtech Systems, Inc. reported an operating income of 1.79M and revenue of 20.47M, resulting in an operating margin of 8.8%.
VREX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Varex Imaging Corporation reported a net income of -8.10M and revenue of 216.00M, resulting in a net margin of -3.8%.
ASYS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
VREX and ASYS 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.
ASYS has higher volatility (26.96%) compared to VREX (23.08%). In terms of maximum drawdown, VREX dropped -84.16% vs ASYS's -97.05%.
ASYS currently has the higher Sharpe Ratio (5.14 vs 0.55), 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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