WS vs. LPTH
WS (Worthington Steel Inc) and LPTH (LightPath Technologies, Inc.) are both stocks. WS operates in Steel (Basic Materials), while LPTH operates in Electronic Components (Technology). Over the past year, WS returned 63.66% vs 438.62% for LPTH. At a 0.15 correlation, their price movements are largely independent.
Performance
WS vs. LPTH - Performance Comparison
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Returns By Period
In the year-to-date period, WS achieves a 22.47% return, which is significantly lower than LPTH's 44.63% return.
WS
- 1D
- -3.68%
- 1M
- 10.85%
- YTD
- 22.47%
- 6M
- 16.89%
- 1Y
- 63.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LPTH
- 1D
- -2.86%
- 1M
- 26.68%
- YTD
- 44.63%
- 6M
- 87.07%
- 1Y
- 438.62%
- 3Y*
- 117.89%
- 5Y*
- 40.53%
- 10Y*
- 24.12%
WS vs. LPTH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WS Worthington Steel Inc | 22.47% | 11.18% | 15.44% | 26.58% |
LPTH LightPath Technologies, Inc. | 44.63% | 205.95% | 180.16% | 3.28% |
Correlation
The correlation between WS and LPTH is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2023 | 0.15 |
Fundamentals
WS:
$2.10B
LPTH:
$915.78M
WS:
$2.44
LPTH:
-$85.64K
WS:
0.63
LPTH:
0.00
WS:
21.71
LPTH:
0.00
WS:
$3.35B
LPTH:
$19.15T
WS:
$411.50M
LPTH:
$6.96T
WS:
$216.90M
LPTH:
-$4.25T
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Return for Risk
WS vs. LPTH — Risk / Return Rank
WS
LPTH
WS vs. LPTH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Worthington Steel Inc (WS) and LightPath Technologies, Inc. (LPTH). 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.
| WS | LPTH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.61 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.42 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 10.91 | -9.39 |
| Martin ratioReturn relative to average drawdown | 4.45 | 25.54 | -21.08 |
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
| WS | LPTH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 3.91 | -2.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.49 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.03 | +0.58 |
Drawdowns
WS vs. LPTH - Drawdown Comparison
The maximum WS drawdown since its inception was -50.98%, smaller than the maximum LPTH drawdown of -99.65%. Use the drawdown chart below to compare losses from any high point for WS and LPTH.
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Drawdown Indicators
| WS | LPTH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.98% | -99.65% | +48.67% |
Max Drawdown (1Y)Largest decline over 1 year | -42.00% | -40.52% | -1.48% |
Max Drawdown (3Y)Largest decline over 3 years | — | -61.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -69.04% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.28% | — |
Current DrawdownCurrent decline from peak | -12.92% | -76.08% | +63.16% |
Average DrawdownAverage peak-to-trough decline | -21.93% | -86.32% | +64.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.34% | 17.28% | -2.94% |
Volatility
WS vs. LPTH - Volatility Comparison
The current volatility for Worthington Steel Inc (WS) is 13.13%, while LightPath Technologies, Inc. (LPTH) has a volatility of 30.82%. This indicates that WS experiences smaller price fluctuations and is considered to be less risky than LPTH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WS | LPTH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.13% | 30.82% | -17.69% |
Volatility (6M)Calculated over the trailing 6-month period | 35.02% | 81.01% | -45.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.47% | 113.26% | -63.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.20% | 83.71% | -31.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.20% | 79.22% | -27.02% |
Dividends
WS vs. LPTH - Dividend Comparison
WS's dividend yield for the trailing twelve months is around 1.52%, while LPTH has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
LPTH LightPath Technologies, Inc. | 0.00% | 0.00% | 0.00% |
WS Worthington Steel Inc | 1.52% | 1.85% | 2.01% |
Financials
WS vs. LPTH - Financials Comparison
This section allows you to compare key financial metrics between Worthington Steel Inc and LightPath 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
WS vs. LPTH - Profitability Comparison
WS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a gross profit of 76.10M and revenue of 769.80M. Therefore, the gross margin over that period was 9.9%.
LPTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a gross profit of 6.96T and revenue of 19.15T. Therefore, the gross margin over that period was 36.3%.
WS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported an operating income of -1.40M and revenue of 769.80M, resulting in an operating margin of -0.2%.
LPTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported an operating income of -4.25T and revenue of 19.15T, resulting in an operating margin of -22.2%.
WS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a net income of 10.40M and revenue of 769.80M, resulting in a net margin of 1.4%.
LPTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, LightPath Technologies, Inc. reported a net income of -4.11T and revenue of 19.15T, resulting in a net margin of -21.4%.
Frequently Asked Questions
WS and LPTH have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (30.82%) compared to WS (13.13%). In terms of maximum drawdown, WS dropped -50.98% vs LPTH's -99.65%.
LPTH currently has the higher Sharpe Ratio (3.91 vs 1.29), 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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