AVAV vs. ENLT
AVAV (AeroVironment, Inc.) and ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) are both stocks. AVAV operates in Aerospace & Defense (Industrials), while ENLT operates in Utilities - Renewable (Utilities). Over the past 3 years, AVAV returned 15.80%/yr vs 68.95%/yr for ENLT. At a 0.16 correlation, their price movements are largely independent.
Performance
AVAV vs. ENLT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVAV achieves a -38.19% return, which is significantly lower than ENLT's 91.38% return.
AVAV
- 1D
- -5.81%
- 1M
- 5.16%
- 6M
- -51.42%
- YTD
- -38.19%
- 1Y
- -44.87%
- 3Y*
- 15.80%
- 5Y*
- 9.17%
- 10Y*
- 18.26%
- ALL TIME*
- 9.61%
ENLT
- 1D
- -3.55%
- 1M
- -4.55%
- 6M
- 55.58%
- YTD
- 91.38%
- 1Y
- 241.18%
- 3Y*
- 68.95%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 58.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $215.11M | $378.25M | $273.12M | |
| $13.98M | $19.01M | $21.22M |
AVAV vs. ENLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AVAV AeroVironment, Inc. | -38.19% | 57.18% | 22.10% | 45.31% |
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 91.38% | 163.61% | -9.90% | 6.93% |
Correlation
The correlation between AVAV and ENLT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2023 | 0.16 |
Fundamentals
AVAV:
$7.57B
ENLT:
$12.16B
AVAV:
-$5.41
ENLT:
$0.66
AVAV:
5.17
ENLT:
15.10
AVAV:
1.72
ENLT:
6.01
AVAV:
$1.42B
ENLT:
$813.08M
AVAV:
$246.70M
ENLT:
$446.15M
AVAV:
-$6.04M
ENLT:
$670.45M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVAV vs. ENLT — Risk / Return Rank
AVAV
ENLT
AVAV vs. ENLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AeroVironment, Inc. (AVAV) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). 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.
| AVAV | ENLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.92 | ||
| Sortino ratioReturn per unit of downside risk | -4.56 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.51 | -0.59 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 9.70 | -10.38 |
| Martin ratioReturn relative to average drawdown | -1.12 | 30.31 | -31.43 |
Loading charts...
Drawdowns
AVAV vs. ENLT - Drawdown Comparison
The maximum AVAV drawdown since its inception was -66.65%, which is greater than ENLT's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for AVAV and ENLT.
Loading charts...
Drawdown Indicators
| AVAV | ENLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.65% | -39.32% | -27.33% |
Max Drawdown (1Y)Largest decline over 1 year | -66.65% | -25.03% | -41.62% |
Max Drawdown (3Y)Largest decline over 3 years | -66.65% | -35.98% | -30.67% |
Max Drawdown (5Y)Largest decline over 5 years | -66.65% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.65% | — | — |
Current DrawdownCurrent decline from peak | -63.52% | -19.01% | -44.51% |
Average DrawdownAverage peak-to-trough decline | -28.90% | -12.09% | -16.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 40.00% | 8.00% | +32.00% |
Volatility
AVAV vs. ENLT - Volatility Comparison
AeroVironment, Inc. (AVAV) has a higher volatility of 28.31% compared to Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) at 16.19%. This indicates that AVAV's price experiences larger fluctuations and is considered to be riskier than ENLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVAV | ENLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.31% | 16.19% | +12.12% |
Volatility (6M)Calculated over the trailing 6-month period | 58.32% | 47.96% | +10.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.66% | 56.72% | +16.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.50% | 45.53% | +11.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.88% | 45.53% | +7.35% |
Dividends
AVAV vs. ENLT - Dividend Comparison
Neither AVAV nor ENLT has paid dividends to shareholders.
Financials
AVAV vs. ENLT - Financials Comparison
This section allows you to compare key financial metrics between AeroVironment, Inc. and Enlight Renewable Energy Ltd. Ordinary Shares. 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
AVAV vs. ENLT - Profitability Comparison
AVAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, AeroVironment, Inc. reported a gross profit of 0.00 and revenue of 80.12M. Therefore, the gross margin over that period was 0.0%.
ENLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a gross profit of 112.21M and revenue of 156.49M. Therefore, the gross margin over that period was 71.7%.
AVAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, AeroVironment, Inc. reported an operating income of 56.94M and revenue of 80.12M, resulting in an operating margin of 71.1%.
ENLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported an operating income of 81.63M and revenue of 156.49M, resulting in an operating margin of 52.2%.
AVAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, AeroVironment, Inc. reported a net income of -24.10M and revenue of 80.12M, resulting in a net margin of -30.1%.
ENLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Enlight Renewable Energy Ltd. Ordinary Shares reported a net income of 24.07M and revenue of 156.49M, resulting in a net margin of 15.4%.
Frequently Asked Questions
AVAV and ENLT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (28.31%) compared to ENLT (16.19%). In terms of maximum drawdown, AVAV dropped -66.65% vs ENLT's -39.32%.
ENLT currently has the higher Sharpe Ratio (4.31 vs -0.61), 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.
Find the right allocation for AVAV and ENLT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer