Both in Semiconductor Manufacturing Equipment

Energy Recovery vs Veeco Instruments

Over the past year ERII returned −57.5% and VECO returned +22.9%; their daily moves had a correlation of 0.15.

ERII −57.5% VECO +22.9%Growth of $1, one year, split-adjusted
MetricERIIVECO
Price$7.15$36.25
Market cap$364.7M$2.22B
Today−0.35%−3.05%
1 month+0.9%−34.9%
6 months−38.5%−41.5%
Year to date−47.0%+26.8%
1 year−57.5%+22.9%
Revenue growth (YoY)−57.2%+16.5%
Gross margin74.7%38.7%
Net margin−26.7%6.1%
P/E (TTM)23.8×95.3×
Price / sales3.0×3.2×
Net cash$93.1M$202.9M
Dividend yield——
Volatility (60d)32.9%65.6%
Short % of float6.4%9.7%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).