LASR vs EWTX
Comparison between nLIGHT Inc (LASR, Company) and Edgewise Therapeutics Inc (EWTX, Company).
LASR is from the Technology sector, while EWTX is from the Healthcare sector.
5-Year PerformanceLASR has outperformed EWTX, delivering a return of +20.1% compared to +5.5%
LASR vs EWTX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
LASR vs EWTX - Historical Returns
Returns include dividend reinvestment.
LASR vs EWTX - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | LASR | EWTX |
|---|---|---|
| 2026 | +82.93% | +42.86% |
| 2025 | +260.67% | -8.19% |
| 2024 | -20.53% | +142.73% |
| 2023 | +28.94% | +24.46% |
| 2022 | -59.81% | -45.88% |
| 2021 | -25.51% | -49.07% |
| 2020 | +61.47% | N/A |
| 2019 | +11.25% | N/A |
| 2018 | -34.03% | N/A |
LASR vs EWTX Drawdown Comparison
The maximum drawdown for LASR was -85.66%, occurring on Apr 8, 2025. Recovery took 1234 trading sessions.
The maximum drawdown for EWTX was -84.69%, occurring on Nov 10, 2023. Recovery took 909 trading sessions.
The current LASR drawdown is -17.37%. The current EWTX drawdown is -15.72%.
| Rank | LASR | EWTX |
|---|---|---|
| #1 | -85.66% Feb 19, 2021 - Jan 20, 2026 | -84.69% Mar 29, 2021 - Nov 6, 2024 |
| #2 | -77.04% Jul 17, 2018 - Feb 16, 2021 | -68.81% Nov 6, 2024 - May 5, 2026 |
| #3 | -26.19% May 11, 2026 - Jun 10, 2026 | -18.23% Jun 1, 2026 - Jun 10, 2026 |
| #4 | -24.74% Mar 25, 2026 - Apr 21, 2026 | -17.31% May 5, 2026 - Jun 1, 2026 |
| #5 | -21.82% Jun 1, 2018 - Jul 17, 2018 | N/A |
| #6 | -14.28% Apr 24, 2026 - May 11, 2026 | N/A |
| #7 | -13.37% Mar 2, 2026 - Mar 16, 2026 | N/A |
| #8 | -12.24% Feb 3, 2026 - Feb 6, 2026 | N/A |
| #9 | -10.74% Feb 26, 2026 - Mar 2, 2026 | N/A |
| #10 | -9.21% Jan 22, 2026 - Feb 2, 2026 | N/A |
| #11 | -7.56% Mar 17, 2026 - Mar 24, 2026 | N/A |
| #12 | -7.50% Apr 26, 2018 - May 2, 2018 | N/A |
| #13 | -7.20% Feb 11, 2026 - Feb 19, 2026 | N/A |
| #14 | -5.88% May 22, 2018 - May 24, 2018 | N/A |
| #15 | -5.56% Feb 16, 2021 - Feb 19, 2021 | N/A |
Correlation
Correlation between LASR and EWTX is 0.61 which considered as a moderate positive correlation - the stocks show some tendency to move together.
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