AVAV vs. HDV
AVAV (AeroVironment, Inc.) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 10 years, AVAV returned 18.40%/yr vs 9.28%/yr for HDV. At a 0.33 correlation, their price movements are largely independent.
Performance
AVAV vs. HDV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVAV achieves a -38.28% return, which is significantly lower than HDV's 18.49% return. Over the past 10 years, AVAV has outperformed HDV with an annualized return of 18.40%, while HDV has yielded a comparatively lower 9.28% annualized return.
AVAV
- 1D
- 5.71%
- 1M
- -10.45%
- 6M
- -60.56%
- YTD
- -38.28%
- 1Y
- -44.49%
- 3Y*
- 15.92%
- 5Y*
- 9.66%
- 10Y*
- 18.40%
HDV
- 1D
- 2.57%
- 1M
- 3.57%
- 6M
- 13.53%
- YTD
- 18.49%
- 1Y
- 23.14%
- 3Y*
- 16.44%
- 5Y*
- 11.92%
- 10Y*
- 9.28%
AVAV vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | -38.28% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
HDV iShares Core High Dividend ETF | 18.49% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -6.48% | 20.22% | -3.01% | 13.40% |
Correlation
The correlation between AVAV and HDV is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2011 | 0.33 |
The correlation between AVAV and HDV shifts across timeframes, from -0.04 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
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. HDV — Risk / Return Rank
AVAV
HDV
AVAV vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AeroVironment, Inc. (AVAV) and iShares Core High Dividend ETF (HDV). 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 | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.78 | ||
| Sortino ratioReturn per unit of downside risk | -3.91 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.38 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 4.49 | -5.16 |
| Martin ratioReturn relative to average drawdown | -1.15 | 12.27 | -13.41 |
Loading charts...
Drawdowns
AVAV vs. HDV - Drawdown Comparison
The maximum AVAV drawdown since its inception was -66.65%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for AVAV and HDV.
Loading charts...
Drawdown Indicators
| AVAV | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.65% | -37.04% | -29.61% |
Max Drawdown (1Y)Largest decline over 1 year | -66.65% | -5.18% | -61.47% |
Max Drawdown (3Y)Largest decline over 3 years | -66.65% | -10.49% | -56.16% |
Max Drawdown (5Y)Largest decline over 5 years | -66.65% | -15.42% | -51.23% |
Max Drawdown (10Y)Largest decline over 10 years | -66.65% | -37.04% | -29.61% |
Current DrawdownCurrent decline from peak | -63.57% | 0.00% | -63.57% |
Average DrawdownAverage peak-to-trough decline | -28.86% | -3.07% | -25.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.84% | 1.89% | +36.95% |
Volatility
AVAV vs. HDV - Volatility Comparison
AeroVironment, Inc. (AVAV) has a higher volatility of 29.22% compared to iShares Core High Dividend ETF (HDV) at 5.12%. This indicates that AVAV's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVAV | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.22% | 5.12% | +24.10% |
Volatility (6M)Calculated over the trailing 6-month period | 60.20% | 8.63% | +51.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.25% | 10.72% | +62.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.36% | 12.95% | +44.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.78% | 15.77% | +37.01% |
Dividends
AVAV vs. HDV - Dividend Comparison
AVAV has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 3.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HDV iShares Core High Dividend ETF | 3.11% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Frequently Asked Questions
AVAV and HDV have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (29.22%) compared to HDV (5.12%). In terms of maximum drawdown, AVAV dropped -66.65% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.17 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 HDV
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