ARDX vs. RDW
ARDX (Ardelyx, Inc.) and RDW (Redwire Corporation) are both stocks. ARDX operates in Biotechnology (Healthcare), while RDW operates in Aerospace & Defense (Industrials). Over the past 3 years, ARDX returned 19.74%/yr vs 67.72%/yr for RDW. At a 0.22 correlation, their price movements are largely independent.
Performance
ARDX vs. RDW - Performance Comparison
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Returns By Period
In the year-to-date period, ARDX achieves a 6.00% return, which is significantly lower than RDW's 60.79% return.
ARDX
- 1D
- -2.98%
- 1M
- 1.15%
- YTD
- 6.00%
- 6M
- 6.55%
- 1Y
- 70.25%
- 3Y*
- 19.74%
- 5Y*
- -4.70%
- 10Y*
- -2.60%
RDW
- 1D
- -6.14%
- 1M
- -30.13%
- YTD
- 60.79%
- 6M
- 52.56%
- 1Y
- -20.44%
- 3Y*
- 67.72%
- 5Y*
- —
- 10Y*
- —
ARDX vs. RDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARDX Ardelyx, Inc. | 6.00% | 14.99% | -18.23% | 117.54% | 159.09% | -24.14% |
RDW Redwire Corporation | 60.79% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
Correlation
The correlation between ARDX and RDW is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.22 |
Fundamentals
ARDX:
$1.52B
RDW:
$2.37B
ARDX:
-$0.24
RDW:
-$2.16
ARDX:
3.51
RDW:
4.58
ARDX:
10.22
RDW:
2.34
ARDX:
$427.68M
RDW:
$370.96M
ARDX:
$395.63M
RDW:
$34.05M
ARDX:
-$28.55M
RDW:
-$221.85M
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Return for Risk
ARDX vs. RDW — Risk / Return Rank
ARDX
RDW
ARDX vs. RDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ardelyx, Inc. (ARDX) and Redwire Corporation (RDW). 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.
| ARDX | RDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.07 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | -0.28 | +2.38 |
| Martin ratioReturn relative to average drawdown | 4.07 | -0.41 | +4.48 |
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Drawdowns
ARDX vs. RDW - Drawdown Comparison
The maximum ARDX drawdown since its inception was -98.45%, which is greater than RDW's maximum drawdown of -87.26%. Use the drawdown chart below to compare losses from any high point for ARDX and RDW.
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Drawdown Indicators
| ARDX | RDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.45% | -87.26% | -11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -33.54% | -73.93% | +40.39% |
Max Drawdown (3Y)Largest decline over 3 years | -66.32% | -80.28% | +13.96% |
Max Drawdown (5Y)Largest decline over 5 years | -93.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -96.82% | — | — |
Current DrawdownCurrent decline from peak | -81.21% | -52.82% | -28.39% |
Average DrawdownAverage peak-to-trough decline | -77.37% | -59.24% | -18.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.31% | 49.80% | -32.49% |
Volatility
ARDX vs. RDW - Volatility Comparison
The current volatility for Ardelyx, Inc. (ARDX) is 12.95%, while Redwire Corporation (RDW) has a volatility of 51.96%. This indicates that ARDX experiences smaller price fluctuations and is considered to be less risky than RDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARDX | RDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.95% | 51.96% | -39.01% |
Volatility (6M)Calculated over the trailing 6-month period | 46.39% | 95.10% | -48.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.42% | 117.77% | -56.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.49% | 96.87% | -7.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.99% | 96.87% | -12.88% |
Dividends
ARDX vs. RDW - Dividend Comparison
Neither ARDX nor RDW has paid dividends to shareholders.
Financials
ARDX vs. RDW - Financials Comparison
This section allows you to compare key financial metrics between Ardelyx, Inc. and Redwire Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ARDX vs. RDW - Profitability Comparison
ARDX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ardelyx, Inc. reported a gross profit of 89.66M and revenue of 94.47M. Therefore, the gross margin over that period was 94.9%.
RDW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Redwire Corporation reported a gross profit of 25.81M and revenue of 96.97M. Therefore, the gross margin over that period was 26.6%.
ARDX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ardelyx, Inc. reported an operating income of -32.79M and revenue of 94.47M, resulting in an operating margin of -34.7%.
RDW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Redwire Corporation reported an operating income of -69.70M and revenue of 96.97M, resulting in an operating margin of -71.9%.
ARDX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ardelyx, Inc. reported a net income of -37.61M and revenue of 94.47M, resulting in a net margin of -39.8%.
RDW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Redwire Corporation reported a net income of -76.50M and revenue of 96.97M, resulting in a net margin of -78.9%.
Frequently Asked Questions
ARDX and RDW have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (51.96%) compared to ARDX (12.95%). In terms of maximum drawdown, ARDX dropped -98.45% vs RDW's -87.26%.
ARDX currently has the higher Sharpe Ratio (1.15 vs -0.17), 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.
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