AVAV vs. KTOS
AVAV (AeroVironment, Inc.) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, AVAV returned 17.59%/yr vs 29.00%/yr for KTOS. At a 0.40 correlation, their price movements are largely independent.
Performance
AVAV vs. KTOS - Performance Comparison
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Returns By Period
In the year-to-date period, AVAV achieves a -38.37% return, which is significantly lower than KTOS's -33.08% return. Over the past 10 years, AVAV has underperformed KTOS with an annualized return of 17.59%, while KTOS has yielded a comparatively higher 29.00% annualized return.
AVAV
- 1D
- -1.49%
- 1M
- -14.43%
- YTD
- -38.37%
- 6M
- -42.91%
- 1Y
- -22.04%
- 3Y*
- 17.93%
- 5Y*
- 5.55%
- 10Y*
- 17.59%
KTOS
- 1D
- -0.57%
- 1M
- -9.58%
- YTD
- -33.08%
- 6M
- -38.27%
- 1Y
- 16.43%
- 3Y*
- 54.14%
- 5Y*
- 13.11%
- 10Y*
- 29.00%
AVAV vs. KTOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | -38.37% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
KTOS Kratos Defense & Security Solutions, Inc. | -33.08% | 187.76% | 30.01% | 96.61% | -46.80% | -29.27% | 52.30% | 27.82% | 33.05% | 43.11% |
Correlation
The correlation between AVAV and KTOS is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.74 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.40 |
Over the past year, AVAV and KTOS have become more correlated (0.74) than their long-term average of 0.40, meaning their price movements have been converging.
Fundamentals
AVAV:
$7.27B
KTOS:
$9.11B
AVAV:
-$4.63
KTOS:
$0.17
AVAV:
6.06
KTOS:
6.13
AVAV:
1.70
KTOS:
2.67
AVAV:
$1.19B
KTOS:
$1.42B
AVAV:
$104.63M
KTOS:
$259.40M
AVAV:
-$242.06M
KTOS:
$78.30M
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Return for Risk
AVAV vs. KTOS — Risk / Return Rank
AVAV
KTOS
AVAV vs. KTOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AeroVironment, Inc. (AVAV) and Kratos Defense & Security Solutions, Inc. (KTOS). 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 | KTOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.10 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 0.27 | -0.62 |
| Martin ratioReturn relative to average drawdown | -0.62 | 0.53 | -1.15 |
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Drawdowns
AVAV vs. KTOS - Drawdown Comparison
The maximum AVAV drawdown since its inception was -63.62%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for AVAV and KTOS.
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Drawdown Indicators
| AVAV | KTOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.62% | -99.81% | +36.19% |
Max Drawdown (1Y)Largest decline over 1 year | -63.62% | -61.14% | -2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -63.62% | -61.14% | -2.48% |
Max Drawdown (5Y)Largest decline over 5 years | -63.62% | -69.39% | +5.77% |
Max Drawdown (10Y)Largest decline over 10 years | -63.62% | -72.74% | +9.12% |
Current DrawdownCurrent decline from peak | -63.62% | -96.78% | +33.16% |
Average DrawdownAverage peak-to-trough decline | -28.75% | -95.93% | +67.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.68% | 31.23% | +4.45% |
Volatility
AVAV vs. KTOS - Volatility Comparison
AeroVironment, Inc. (AVAV) has a higher volatility of 28.83% compared to Kratos Defense & Security Solutions, Inc. (KTOS) at 22.67%. This indicates that AVAV's price experiences larger fluctuations and is considered to be riskier than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVAV | KTOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.83% | 22.67% | +6.16% |
Volatility (6M)Calculated over the trailing 6-month period | 58.84% | 56.98% | +1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 75.05% | 72.27% | +2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.27% | 52.46% | +3.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.19% | 50.87% | +1.32% |
Dividends
AVAV vs. KTOS - Dividend Comparison
Neither AVAV nor KTOS has paid dividends to shareholders.
Financials
AVAV vs. KTOS - Financials Comparison
This section allows you to compare key financial metrics between AeroVironment, Inc. and Kratos Defense & Security Solutions, Inc.. 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
Frequently Asked Questions
AVAV and KTOS have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (28.83%) compared to KTOS (22.67%). In terms of maximum drawdown, AVAV dropped -63.62% vs KTOS's -99.81%.
KTOS currently has the higher Sharpe Ratio (0.23 vs -0.29), 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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