Both in Electrical Equipment

QuantumScape vs Novanta

Over the past year QS returned −75.9% and NOVT returned −0.5%; their daily moves had a correlation of 0.37.

QS −75.9% NOVT −0.5%Growth of $1, one year, split-adjusted
MetricQSNOVT
Price$4.11$131.82
Market cap$2.54B$4.99B
Today−7.22%−9.23%
1 month−9.1%−8.2%
6 months−44.1%−3.3%
Year to date−60.6%+10.8%
1 year−73.4%+1.9%
Revenue growth (YoY)—+10.3%
Gross margin—45.5%
Net margin—4.7%
P/E (TTM)—80.7×
Price / sales—4.8×
Net cash$790.6M$489.0M
Dividend yield——
Volatility (60d)53.5%48.0%
Short % of float21.9%14.0%
Next earnings——

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