ON vs WAT
Comparison between ON Semiconductor Corp (ON, Company) and Waters Corp (WAT, Company).
ON is from the Technology sector, while WAT is from the Healthcare sector.
5-Year PerformanceON has outperformed WAT, delivering a return of +19.9% compared to -0.1%
ON vs WAT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
ON vs WAT - Historical Returns
Returns include dividend reinvestment.
ON vs WAT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | ON | WAT |
|---|---|---|
| 2026 | +58.96% | +0.12% |
| 2025 | -12.25% | +3.14% |
| 2024 | -22.59% | +12.89% |
| 2023 | +35.58% | -4.73% |
| 2022 | -11.12% | -6.04% |
| 2021 | +107.90% | +48.95% |
| 2020 | +30.61% | +5.26% |
| 2019 | +45.29% | +27.39% |
| 2018 | -24.30% | -3.60% |
| 2017 | +65.01% | +41.60% |
| 2016 | +31.55% | +3.10% |
| 2015 | -3.92% | +18.18% |
| 2014 | +26.47% | +13.61% |
| 2013 | +11.80% | +12.73% |
| 2012 | -9.27% | +14.72% |
| 2011 | -21.78% | -5.19% |
| 2010 | +11.39% | +26.09% |
| 2009 | +130.29% | +62.67% |
| 2008 | -60.37% | -52.25% |
| 2007 | +18.40% | +61.76% |
| 2006 | +31.20% | +28.53% |
| 2005 | +24.55% | -17.41% |
| 2004 | -28.50% | +41.27% |
| 2003 | +350.00% | +50.59% |
| 2002 | -39.11% | -43.79% |
| 2001 | -57.54% | -50.87% |
| 2000 | -78.13% | +224.27% |
| 1999 | N/A | +4.83% |
ON vs WAT Drawdown Comparison
The maximum drawdown for ON was -96.22%, occurring on Oct 4, 2002. Recovery took 4428 trading sessions.
The maximum drawdown for WAT was -80.12%, occurring on Jul 22, 2002. Recovery took 2656 trading sessions.
The current ON drawdown is -32.70%. The current WAT drawdown is -9.96%.
| Rank | ON | WAT |
|---|---|---|
| #1 | -96.22% Jun 12, 2000 - Jan 18, 2018 | -80.12% Sep 28, 2000 - Apr 21, 2011 |
| #2 | -70.44% Aug 1, 2023 - May 13, 2026 | -44.27% Sep 8, 2021 - Oct 30, 2023 |
| #3 | -68.47% Mar 12, 2018 - Nov 9, 2020 | -35.86% Apr 8, 2019 - Jan 5, 2021 |
| #4 | -35.26% Jun 3, 2026 - Jul 20, 2026 | -28.07% May 19, 2011 - Jun 17, 2013 |
| #5 | -33.98% Jan 4, 2022 - Aug 12, 2022 | -27.49% Mar 6, 2000 - Jun 2, 2000 |
| #6 | -25.00% May 2, 2000 - Jun 12, 2000 | -20.65% Jan 29, 2018 - Jan 23, 2019 |
| #7 | -24.69% Aug 25, 2022 - Feb 1, 2023 | -19.26% Jul 12, 2000 - Aug 21, 2000 |
| #8 | -20.99% Apr 5, 2021 - Aug 3, 2021 | -17.37% Aug 23, 2016 - Apr 25, 2017 |
| #9 | -19.45% Feb 14, 2023 - Jun 1, 2023 | -17.28% Feb 20, 2014 - Nov 20, 2014 |
| #10 | -18.14% Jan 29, 2018 - Mar 6, 2018 | -16.98% Dec 31, 1999 - Jan 25, 2000 |
| #11 | -15.32% Sep 27, 2021 - Nov 1, 2021 | -16.76% Jun 18, 2015 - Apr 18, 2016 |
| #12 | -14.86% Mar 1, 2021 - Apr 1, 2021 | -13.96% Nov 1, 1999 - Dec 29, 1999 |
| #13 | -11.55% Jan 19, 2021 - Feb 8, 2021 | -13.28% Aug 28, 2000 - Sep 25, 2000 |
| #14 | -10.43% May 14, 2026 - May 26, 2026 | -11.58% Sep 26, 2013 - Jan 28, 2014 |
| #15 | -10.27% Aug 4, 2021 - Sep 3, 2021 | -10.25% Feb 17, 2000 - Feb 25, 2000 |
Correlation
Correlation between ON and WAT is 0.87 which considered as a strong positive correlation - the stocks tend to move together.
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