AEVA vs. OKLO

Last updated Jun 13, 2026

AEVA (Aeva Technologies, Inc.) and OKLO (Oklo Inc.) are both stocks. AEVA operates in Auto Parts (Consumer Cyclical), while OKLO operates in Utilities - Independent Power Producers (Utilities). Over the past 3 years, AEVA returned 50.17%/yr vs 75.64%/yr for OKLO. At a 0.24 correlation, their price movements are largely independent.

Performance

AEVA vs. OKLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aeva Technologies, Inc. (AEVA) and Oklo Inc. (OKLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AEVA achieves a 87.42% return, which is significantly higher than OKLO's -19.89% return.

AEVA

• 1D: 5.87%
• 1M: 22.85%
• YTD: 87.42%
• 6M: 55.47%
• 1Y: 5.15%
• 3Y*: 50.17%
• 5Y*: -14.89%
• 10Y*: —

OKLO

• 1D: -0.64%
• 1M: -17.47%
• YTD: -19.89%
• 6M: -34.24%
• 1Y: -10.84%
• 3Y*: 75.64%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AEVA vs. OKLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AEVA Aeva Technologies, Inc.	87.42%	179.58%	25.38%	-44.29%	-82.01%	-28.81%
OKLO Oklo Inc.	-19.89%	238.01%	101.04%	6.45%	0.71%	-1.50%

Correlation

The correlation between AEVA and OKLO is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jul 8, 2021	0.24

Over the past year, AEVA and OKLO have become more correlated (0.52) than their long-term average of 0.24, meaning their price movements have been converging.

Fundamentals

Market Cap AEVA : $1.56B OKLO : $9.79B
EPS AEVA : -$2.52 OKLO : -$0.85
Total Revenue (TTM) AEVA : $20.97M OKLO : $0.00
Gross Profit (TTM) AEVA : $971.00K OKLO : -$149.00K
EBITDA (TTM) AEVA : $21.17M OKLO : -$172.42M

Return for Risk

AEVA vs. OKLO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AEVA

AEVA Risk / Return Rank: 48
AEVA Sharpe Ratio Rank: 44
AEVA Sortino Ratio Rank: 55
AEVA Omega Ratio Rank: 52
AEVA Calmar Ratio Rank: 44
AEVA Martin Ratio Rank: 43

OKLO

OKLO Risk / Return Rank: 41
OKLO Sharpe Ratio Rank: 39
OKLO Sortino Ratio Rank: 46
OKLO Omega Ratio Rank: 44
OKLO Calmar Ratio Rank: 39
OKLO Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AEVA vs. OKLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aeva Technologies, Inc. (AEVA) and Oklo Inc. (OKLO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AEVA	OKLO	Difference
Sharpe ratio: Return per unit of total volatility	0.05	-0.11	+0.15
Sortino ratio: Return per unit of downside risk	0.93	0.60	+0.34
Omega ratio: Gain probability vs. loss probability	1.11	1.06	+0.04
Calmar ratio: Return relative to maximum drawdown	0.07	-0.15	+0.22
Martin ratio: Return relative to average drawdown	0.09	-0.24	+0.33

AEVA vs. OKLO - Sharpe Ratio Comparison

The current AEVA Sharpe Ratio is 0.05, which is higher than the OKLO Sharpe Ratio of -0.11. The chart below compares the historical Sharpe Ratios of AEVA and OKLO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AEVA vs. OKLO - Drawdown Comparison

The maximum AEVA drawdown since its inception was -97.71%, which is greater than OKLO's maximum drawdown of -73.83%. Use the drawdown chart below to compare losses from any high point for AEVA and OKLO.

Drawdown Indicators

	AEVA	OKLO	Difference
Max Drawdown Largest peak-to-trough decline	-97.71%	-73.83%	-23.88%
Max Drawdown (1Y) Largest decline over 1 year	-75.68%	-73.83%	-1.85%
Max Drawdown (3Y) Largest decline over 3 years	-75.68%	-73.83%	-1.85%
Max Drawdown (5Y) Largest decline over 5 years	-96.02%	—	—
Current Drawdown Current decline from peak	-75.11%	-66.99%	-8.12%
Average Drawdown Average peak-to-trough decline	-70.65%	-18.13%	-52.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	56.11%	45.70%	+10.41%

Volatility

AEVA vs. OKLO - Volatility Comparison

Aeva Technologies, Inc. (AEVA) has a higher volatility of 32.26% compared to Oklo Inc. (OKLO) at 27.86%. This indicates that AEVA's price experiences larger fluctuations and is considered to be riskier than OKLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AEVA	OKLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.26%	27.86%	+4.40%
Volatility (6M) Calculated over the trailing 6-month period	78.67%	69.66%	+9.01%
Volatility (1Y) Calculated over the trailing 1-year period	114.70%	101.88%	+12.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	96.96%	85.88%	+11.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.27%	85.88%	+5.39%

Dividends

AEVA vs. OKLO - Dividend Comparison

Neither AEVA nor OKLO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both AEVA and OKLO in my portfolio?

AEVA and OKLO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AEVA or OKLO?

AEVA has higher volatility (32.26%) compared to OKLO (27.86%). In terms of maximum drawdown, AEVA dropped -97.71% vs OKLO's -73.83%.

Which has better risk-adjusted returns?

AEVA currently has the higher Sharpe Ratio (0.05 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.