Both in Semiconductors

Qnity Electronics vs ON Semiconductor

Over the past year Q returned +22.6% and ON returned +43.9%; their daily moves had a correlation of 0.57.

Q +22.6% ON +43.9%Growth of $1, one year, split-adjusted
MetricQON
Price$118.89$72.60
Market cap$24.87B$28.26B
Today+3.05%+3.55%
1 month−9.6%−15.5%
6 months−18.8%−29.3%
Year to date+45.6%+34.1%
1 year—+45.0%
Revenue growth (YoY)—+11.1%
Gross margin46.6%41.4%
Net margin8.7%18.2%
P/E (TTM)—41.0×
Price / sales—4.4×
Net cash-$3.06B-$118.2M
Dividend yield0.27%—
Volatility (60d)46.5%51.9%
Short % of float2.0%7.8%
Next earnings——

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