AVAV vs. RCAT

Last updated Apr 1, 2026

Compare and contrast key facts about AeroVironment, Inc. (AVAV) and Red Cat Holdings, Inc. (RCAT).

Performance

AVAV vs. RCAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AeroVironment, Inc. (AVAV) and Red Cat Holdings, Inc. (RCAT). The values are adjusted to include any dividend payments, if applicable.

AVAV vs. RCAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVAV AeroVironment, Inc.	-24.33%	57.18%	22.10%	47.14%	38.09%	-28.62%	40.75%	-9.14%	20.99%	8.65%
RCAT Red Cat Holdings, Inc.	65.07%	-38.29%	1,360.23%	-6.38%	-54.81%	-30.67%	172.73%	-38.89%	-94.74%	-28.57%

Fundamentals

Market Cap AVAV : $8.93B RCAT : $1.56B
EPS AVAV : -$5.17 RCAT : -$0.71
PS Ratio AVAV : 6.67 RCAT : 32.62
PB Ratio AVAV : 2.09 RCAT : 6.36
Total Revenue (TTM) AVAV : $1.19B RCAT : $40.73M
Gross Profit (TTM) AVAV : $104.63M RCAT : $1.28M
EBITDA (TTM) AVAV : -$242.06M RCAT : -$60.91M

Returns By Period

In the year-to-date period, AVAV achieves a -24.33% return, which is significantly lower than RCAT's 65.07% return.

AVAV

• 1D: 3.44%
• 1M: -27.43%
• YTD: -24.33%
• 6M: -41.87%
• 1Y: 53.58%
• 3Y*: 25.93%
• 5Y*: 8.93%
• 10Y*: 20.62%

RCAT

• 1D: 12.94%
• 1M: 12.36%
• YTD: 65.07%
• 6M: 26.47%
• 1Y: 122.62%
• 3Y*: 132.61%
• 5Y*: 25.14%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

AVAV vs. RCAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVAV

AVAV Risk / Return Rank: 66
AVAV Sharpe Ratio Rank: 69
AVAV Sortino Ratio Rank: 68
AVAV Omega Ratio Rank: 66
AVAV Calmar Ratio Rank: 62
AVAV Martin Ratio Rank: 62

RCAT

RCAT Risk / Return Rank: 77
RCAT Sharpe Ratio Rank: 76
RCAT Sortino Ratio Rank: 80
RCAT Omega Ratio Rank: 74
RCAT Calmar Ratio Rank: 78
RCAT Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVAV vs. RCAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AeroVironment, Inc. (AVAV) and Red Cat Holdings, Inc. (RCAT). 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.

	AVAV	RCAT	Difference
Sharpe ratio Return per unit of total volatility	0.76	1.03	-0.26
Sortino ratio Return per unit of downside risk	1.47	2.03	-0.56
Omega ratio Gain probability vs. loss probability	1.19	1.23	-0.04
Calmar ratio Return relative to maximum drawdown	0.90	2.03	-1.13
Martin ratio Return relative to average drawdown	2.15	4.43	-2.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVAV vs. RCAT - Sharpe Ratio Comparison

The current AVAV Sharpe Ratio is 0.76, which is comparable to the RCAT Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of AVAV and RCAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AVAV	RCAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	1.03	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	0.22	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	-0.06	+0.29

Correlation

The correlation between AVAV and RCAT is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AVAV vs. RCAT - Dividend Comparison

Neither AVAV nor RCAT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

AVAV vs. RCAT - Drawdown Comparison

The maximum AVAV drawdown since its inception was -61.02%, smaller than the maximum RCAT drawdown of -99.76%. Use the drawdown chart below to compare losses from any high point for AVAV and RCAT.

Drawdown Indicators

	AVAV	RCAT	Difference
Max Drawdown Largest peak-to-trough decline	-61.02%	-99.76%	+38.74%
Max Drawdown (1Y) Largest decline over 1 year	-56.82%	-60.08%	+3.26%
Max Drawdown (5Y) Largest decline over 5 years	-56.82%	-92.25%	+35.43%
Max Drawdown (10Y) Largest decline over 10 years	-61.02%	—	—
Current Drawdown Current decline from peak	-55.34%	-92.15%	+36.81%
Average Drawdown Average peak-to-trough decline	-28.31%	-95.58%	+67.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.93%	27.61%	-3.68%

Volatility

AVAV vs. RCAT - Volatility Comparison

The current volatility for AeroVironment, Inc. (AVAV) is 19.41%, while Red Cat Holdings, Inc. (RCAT) has a volatility of 37.54%. This indicates that AVAV experiences smaller price fluctuations and is considered to be less risky than RCAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVAV	RCAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.41%	37.54%	-18.13%
Volatility (6M) Calculated over the trailing 6-month period	55.34%	84.17%	-28.83%
Volatility (1Y) Calculated over the trailing 1-year period	70.43%	120.21%	-49.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.27%	114.24%	-59.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.07%	251.41%	-200.34%

Financials