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 17.03%/yr vs 9.44%/yr for HDV. At a 0.34 correlation, their price movements are largely independent.
Performance
AVAV vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, AVAV achieves a -41.22% return, which is significantly lower than HDV's 13.95% return. Over the past 10 years, AVAV has outperformed HDV with an annualized return of 17.03%, while HDV has yielded a comparatively lower 9.44% annualized return.
AVAV
- 1D
- -4.63%
- 1M
- -18.40%
- YTD
- -41.22%
- 6M
- -45.46%
- 1Y
- -26.44%
- 3Y*
- 16.08%
- 5Y*
- 4.96%
- 10Y*
- 17.03%
HDV
- 1D
- -0.11%
- 1M
- -1.46%
- YTD
- 13.95%
- 6M
- 13.56%
- 1Y
- 20.98%
- 3Y*
- 15.44%
- 5Y*
- 10.95%
- 10Y*
- 9.44%
AVAV vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | -41.22% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
HDV iShares Core High Dividend ETF | 13.95% | 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 -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
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 | 0.34 |
The correlation between AVAV and HDV shifts across timeframes, from -0.07 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
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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 | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.17 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.36 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 4.07 | -4.48 |
| Martin ratioReturn relative to average drawdown | -0.74 | 11.13 | -11.87 |
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Drawdowns
AVAV vs. HDV - Drawdown Comparison
The maximum AVAV drawdown since its inception was -65.31%, 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.
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Drawdown Indicators
| AVAV | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.31% | -37.04% | -28.27% |
Max Drawdown (1Y)Largest decline over 1 year | -65.31% | -5.18% | -60.13% |
Max Drawdown (3Y)Largest decline over 3 years | -65.31% | -10.49% | -54.82% |
Max Drawdown (5Y)Largest decline over 5 years | -65.31% | -15.42% | -49.89% |
Max Drawdown (10Y)Largest decline over 10 years | -65.31% | -37.04% | -28.27% |
Current DrawdownCurrent decline from peak | -65.31% | -1.46% | -63.85% |
Average DrawdownAverage peak-to-trough decline | -28.76% | -3.08% | -25.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.91% | 1.89% | +34.02% |
Volatility
AVAV vs. HDV - Volatility Comparison
AeroVironment, Inc. (AVAV) has a higher volatility of 28.15% compared to iShares Core High Dividend ETF (HDV) at 3.45%. 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.
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Volatility by Period
| AVAV | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.15% | 3.45% | +24.70% |
Volatility (6M)Calculated over the trailing 6-month period | 58.74% | 7.60% | +51.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.19% | 9.93% | +65.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.30% | 12.81% | +43.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.20% | 15.73% | +36.47% |
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 2.90%.
| 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 | 2.90% | 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 -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (28.15%) compared to HDV (3.45%). In terms of maximum drawdown, AVAV dropped -65.31% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.12 vs -0.35), 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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