AVAH vs. OPCH

Last updated Jun 4, 2026

AVAH (Aveanna Healthcare Holdings Inc.) and OPCH (Option Care Health, Inc.) are both stocks. Both operate in the Medical Care Facilities industry within the Healthcare sector. Over the past 5 years, AVAH returned -10.89%/yr vs 1.70%/yr for OPCH. At a 0.30 correlation, their price movements are largely independent.

Performance

AVAH vs. OPCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aveanna Healthcare Holdings Inc. (AVAH) and Option Care Health, Inc. (OPCH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVAH achieves a -17.01% return, which is significantly higher than OPCH's -35.56% return.

AVAH

• 1D: 4.79%
• 1M: 2.26%
• YTD: -17.01%
• 6M: -23.82%
• 1Y: 22.60%
• 3Y*: 72.98%
• 5Y*: -10.89%
• 10Y*: —

OPCH

• 1D: -0.05%
• 1M: -2.89%
• YTD: -35.56%
• 6M: -32.15%
• 1Y: -35.24%
• 3Y*: -10.42%
• 5Y*: 1.70%
• 10Y*: 6.52%

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

AVAH vs. OPCH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVAH Aveanna Healthcare Holdings Inc.	-17.01%	78.77%	70.52%	243.59%	-89.46%	-38.33%
OPCH Option Care Health, Inc.	-35.56%	37.33%	-31.14%	11.96%	5.80%	48.05%

Correlation

The correlation between AVAH and OPCH is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021	0.30

Fundamentals

Market Cap AVAH : $1.51B OPCH : $3.25B
EPS AVAH : $1.20 OPCH : $1.28
PE Ratio AVAH : 5.64 OPCH : 16.09
PS Ratio AVAH : 0.58 OPCH : 0.59
PB Ratio AVAH : 6.27 OPCH : 2.40
Total Revenue (TTM) AVAH : $2.52B OPCH : $5.67B
Gross Profit (TTM) AVAH : $823.98M OPCH : $1.09B
EBITDA (TTM) AVAH : $306.37M OPCH : $432.01M

Return for Risk

AVAH vs. OPCH — Risk / Return Rank

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

AVAH

AVAH Risk / Return Rank: 54
AVAH Sharpe Ratio Rank: 52
AVAH Sortino Ratio Rank: 59
AVAH Omega Ratio Rank: 56
AVAH Calmar Ratio Rank: 54
AVAH Martin Ratio Rank: 52

OPCH

OPCH Risk / Return Rank: 8
OPCH Sharpe Ratio Rank: 7
OPCH Sortino Ratio Rank: 10
OPCH Omega Ratio Rank: 8
OPCH Calmar Ratio Rank: 13
OPCH Martin Ratio Rank: 1

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.

AVAH vs. OPCH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aveanna Healthcare Holdings Inc. (AVAH) and Option Care Health, Inc. (OPCH). 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.

	AVAH	OPCH	Difference
Sharpe ratio Return per unit of total volatility	0.33	-0.88	+1.21
Sortino ratio Return per unit of downside risk	1.22	-1.06	+2.28
Omega ratio Gain probability vs. loss probability	1.15	0.84	+0.31
Calmar ratio Return relative to maximum drawdown	0.58	-0.76	+1.33
Martin ratio Return relative to average drawdown	1.04	-1.93	+2.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVAH vs. OPCH - Sharpe Ratio Comparison

The current AVAH Sharpe Ratio is 0.33, which is higher than the OPCH Sharpe Ratio of -0.88. The chart below compares the historical Sharpe Ratios of AVAH and OPCH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVAH	OPCH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.33	-0.88	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	0.04	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.14	-0.04	-0.10

Drawdowns

AVAH vs. OPCH - Drawdown Comparison

The maximum AVAH drawdown since its inception was -94.76%, roughly equal to the maximum OPCH drawdown of -95.83%. Use the drawdown chart below to compare losses from any high point for AVAH and OPCH.

Drawdown Indicators

	AVAH	OPCH	Difference
Max Drawdown Largest peak-to-trough decline	-94.76%	-95.83%	+1.07%
Max Drawdown (1Y) Largest decline over 1 year	-39.44%	-46.65%	+7.21%
Max Drawdown (3Y) Largest decline over 3 years	-41.40%	-46.65%	+5.25%
Max Drawdown (5Y) Largest decline over 5 years	-94.76%	-46.65%	-48.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-69.37%	—
Current Drawdown Current decline from peak	-47.40%	-77.19%	+29.79%
Average Drawdown Average peak-to-trough decline	-63.71%	-72.14%	+8.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.83%	18.28%	+3.55%

Volatility

AVAH vs. OPCH - Volatility Comparison

Aveanna Healthcare Holdings Inc. (AVAH) has a higher volatility of 16.90% compared to Option Care Health, Inc. (OPCH) at 12.69%. This indicates that AVAH's price experiences larger fluctuations and is considered to be riskier than OPCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVAH	OPCH	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.90%	12.69%	+4.21%
Volatility (6M) Calculated over the trailing 6-month period	32.12%	37.04%	-4.92%
Volatility (1Y) Calculated over the trailing 1-year period	68.21%	40.26%	+27.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.19%	39.16%	+39.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.64%	56.11%	+21.53%

Dividends

AVAH vs. OPCH - Dividend Comparison

Neither AVAH nor OPCH has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

AVAH vs. OPCH - Profitability Comparison

The chart below illustrates the profitability comparison between Aveanna Healthcare Holdings Inc. and Option Care Health, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AVAH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aveanna Healthcare Holdings Inc. reported a gross profit of 202.38M and revenue of 647.92M. Therefore, the gross margin over that period was 31.2%.

OPCH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Option Care Health, Inc. reported a gross profit of 262.01M and revenue of 1.35B. Therefore, the gross margin over that period was 19.4%.

AVAH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aveanna Healthcare Holdings Inc. reported an operating income of 75.94M and revenue of 647.92M, resulting in an operating margin of 11.7%.

OPCH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Option Care Health, Inc. reported an operating income of 72.55M and revenue of 1.35B, resulting in an operating margin of 5.4%.

AVAH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aveanna Healthcare Holdings Inc. reported a net income of 41.65M and revenue of 647.92M, resulting in a net margin of 6.4%.

OPCH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Option Care Health, Inc. reported a net income of 45.34M and revenue of 1.35B, resulting in a net margin of 3.4%.

Frequently Asked Questions

Can I hold both AVAH and OPCH in my portfolio?

AVAH and OPCH have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVAH or OPCH?

AVAH has higher volatility (16.90%) compared to OPCH (12.69%). In terms of maximum drawdown, AVAH dropped -94.76% vs OPCH's -95.83%.

Which has better risk-adjusted returns?

AVAH currently has the higher Sharpe Ratio (0.33 vs -0.88), 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.