AVAV vs. GPIX
AVAV (AeroVironment, Inc.) is a stock, while GPIX (Goldman Sachs S&P 500 Premium Income ETF) is Derivative Income fund actively managed by Goldman Sachs. Over the past year, AVAV returned -12.57% vs 23.85% for GPIX. At a 0.38 correlation, their price movements are largely independent.
Performance
AVAV vs. GPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVAV achieves a -29.48% return, which is significantly lower than GPIX's 8.64% return.
AVAV
- 1D
- -7.14%
- 1M
- 7.96%
- YTD
- -29.48%
- 6M
- -28.63%
- 1Y
- -12.57%
- 3Y*
- 20.96%
- 5Y*
- 8.68%
- 10Y*
- 18.47%
GPIX
- 1D
- 0.55%
- 1M
- 0.57%
- YTD
- 8.64%
- 6M
- 9.22%
- 1Y
- 23.85%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVAV vs. GPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AVAV AeroVironment, Inc. | -29.48% | 57.18% | 22.10% | 4.25% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.64% | 16.25% | 21.77% | 13.04% |
Correlation
The correlation between AVAV and GPIX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023 | 0.38 |
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. GPIX — Risk / Return Rank
AVAV
GPIX
AVAV vs. GPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AeroVironment, Inc. (AVAV) and Goldman Sachs S&P 500 Premium Income ETF (GPIX). 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 | GPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.41 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 2.97 | -3.13 |
| Martin ratioReturn relative to average drawdown | -0.30 | 14.51 | -14.81 |
Loading charts...
Drawdowns
AVAV vs. GPIX - Drawdown Comparison
The maximum AVAV drawdown since its inception was -61.45%, which is greater than GPIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for AVAV and GPIX.
Loading charts...
Drawdown Indicators
| AVAV | GPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.45% | -17.50% | -43.95% |
Max Drawdown (1Y)Largest decline over 1 year | -61.45% | -7.71% | -53.74% |
Max Drawdown (3Y)Largest decline over 3 years | -61.45% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -61.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -61.45% | — | — |
Current DrawdownCurrent decline from peak | -58.38% | -1.63% | -56.75% |
Average DrawdownAverage peak-to-trough decline | -28.71% | -1.49% | -27.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.44% | 1.57% | +32.87% |
Volatility
AVAV vs. GPIX - Volatility Comparison
AeroVironment, Inc. (AVAV) has a higher volatility of 26.86% compared to Goldman Sachs S&P 500 Premium Income ETF (GPIX) at 3.77%. This indicates that AVAV's price experiences larger fluctuations and is considered to be riskier than GPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVAV | GPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.86% | 3.77% | +23.09% |
Volatility (6M)Calculated over the trailing 6-month period | 57.90% | 8.51% | +49.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.35% | 10.62% | +63.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.01% | 13.86% | +42.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.05% | 13.86% | +38.19% |
Dividends
AVAV vs. GPIX - Dividend Comparison
AVAV has not paid dividends to shareholders, while GPIX's dividend yield for the trailing twelve months is around 8.09%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AVAV AeroVironment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
GPIX Goldman Sachs S&P 500 Premium Income ETF | 8.09% | 8.01% | 7.45% | 1.40% |
Frequently Asked Questions
AVAV and GPIX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (26.86%) compared to GPIX (3.77%). In terms of maximum drawdown, AVAV dropped -61.45% vs GPIX's -17.50%.
GPIX currently has the higher Sharpe Ratio (2.15 vs -0.14), 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 GPIX
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