AVA vs. AES
AVA (Avista Corporation) and AES (The AES Corporation) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. Over the past 10 years, AVA returned 3.72%/yr vs 6.06%/yr for AES. At a 0.29 correlation, their price movements are largely independent.
Performance
AVA vs. AES - Performance Comparison
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Returns By Period
In the year-to-date period, AVA achieves a 8.08% return, which is significantly higher than AES's 5.00% return. Over the past 10 years, AVA has underperformed AES with an annualized return of 3.72%, while AES has yielded a comparatively higher 6.06% annualized return.
AVA
- 1D
- 2.44%
- 1M
- -1.90%
- YTD
- 8.08%
- 6M
- 8.44%
- 1Y
- 11.87%
- 3Y*
- 7.22%
- 5Y*
- 3.53%
- 10Y*
- 3.72%
AES
- 1D
- 0.34%
- 1M
- 0.14%
- YTD
- 5.00%
- 6M
- 8.33%
- 1Y
- 52.27%
- 3Y*
- -6.03%
- 5Y*
- -7.19%
- 10Y*
- 6.06%
AVA vs. AES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVA Avista Corporation | 8.08% | 10.68% | 7.84% | -15.31% | 8.79% | 10.27% | -13.10% | 17.28% | -15.07% | 32.87% |
AES The AES Corporation | 5.00% | 18.26% | -30.40% | -30.88% | 21.69% | 5.94% | 22.16% | 42.14% | 39.02% | -2.69% |
Correlation
The correlation between AVA and AES is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 1991 | 0.29 |
The correlation between AVA and AES shifts across timeframes, from 0.18 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AVA:
$2.53
AES:
$1.97
AVA:
16.09
AES:
7.48
AVA:
5.24
AES:
0.04
AVA:
2.46
AES:
0.63
AVA:
$1.35B
AES:
$12.49B
AVA:
$711.00M
AES:
$1.77B
AVA:
$455.00M
AES:
$2.73B
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Return for Risk
AVA vs. AES — Risk / Return Rank
AVA
AES
AVA vs. AES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avista Corporation (AVA) and The AES Corporation (AES). 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.
| AVA | AES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.36 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.77 | -1.56 |
| Martin ratioReturn relative to average drawdown | 3.01 | 5.11 | -2.10 |
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Drawdowns
AVA vs. AES - Drawdown Comparison
The maximum AVA drawdown since its inception was -78.86%, smaller than the maximum AES drawdown of -98.65%. Use the drawdown chart below to compare losses from any high point for AVA and AES.
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Drawdown Indicators
| AVA | AES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.86% | -98.65% | +19.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.89% | -18.98% | +9.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.43% | -53.33% | +32.90% |
Max Drawdown (5Y)Largest decline over 5 years | -28.74% | -63.43% | +34.69% |
Max Drawdown (10Y)Largest decline over 10 years | -37.17% | -63.43% | +26.26% |
Current DrawdownCurrent decline from peak | -4.12% | -62.03% | +57.91% |
Average DrawdownAverage peak-to-trough decline | -21.81% | -57.02% | +35.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 10.26% | -6.31% |
Volatility
AVA vs. AES - Volatility Comparison
Avista Corporation (AVA) has a higher volatility of 8.38% compared to The AES Corporation (AES) at 0.98%. This indicates that AVA's price experiences larger fluctuations and is considered to be riskier than AES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVA | AES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.38% | 0.98% | +7.40% |
Volatility (6M)Calculated over the trailing 6-month period | 14.39% | 25.36% | -10.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.54% | 41.64% | -23.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.64% | 37.73% | -16.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.54% | 36.04% | -10.50% |
Dividends
AVA vs. AES - Dividend Comparison
AVA's dividend yield for the trailing twelve months is around 4.83%, which matches AES's 4.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AES The AES Corporation | 4.79% | 4.91% | 5.36% | 3.45% | 2.20% | 2.48% | 2.44% | 2.74% | 3.60% | 4.43% | 3.79% | 4.18% |
AVA Avista Corporation | 4.83% | 5.09% | 5.19% | 5.15% | 3.97% | 3.98% | 4.04% | 3.22% | 3.51% | 2.78% | 3.43% | 3.73% |
Financials
AVA vs. AES - Financials Comparison
This section allows you to compare key financial metrics between Avista Corporation and The AES 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
Frequently Asked Questions
AVA and AES have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVA has higher volatility (8.38%) compared to AES (0.98%). In terms of maximum drawdown, AVA dropped -78.86% vs AES's -98.65%.
AES currently has the higher Sharpe Ratio (1.26 vs 0.65), 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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