AVDX vs. RDFN
AVDX (AvidXchange Holdings, Inc.) and RDFN (Redfin Corporation) are both stocks. AVDX operates in Software - Infrastructure (Technology), while RDFN operates in Real Estate - Services (Real Estate). At a 0.44 correlation, their price movements are largely independent.
Performance
AVDX vs. RDFN - Performance Comparison
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Returns By Period
AVDX
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RDFN
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVDX vs. RDFN - Yearly Performance Comparison
| 2025 (YTD) | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
AVDX AvidXchange Holdings, Inc. | -3.29% | -16.55% | 24.65% | -34.00% | -39.62% |
RDFN Redfin Corporation | 42.19% | -23.74% | 143.40% | -88.96% | -24.65% |
Correlation
The correlation between AVDX and RDFN is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021 | 0.44 |
Over the past year, the correlation between AVDX and RDFN has dropped to 0.23 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Fundamentals
AVDX:
$446.72M
RDFN:
$1.04B
AVDX:
$323.96M
RDFN:
$364.02M
AVDX:
$36.84M
RDFN:
-$129.82M
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Return for Risk
AVDX vs. RDFN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AvidXchange Holdings, Inc. (AVDX) and Redfin Corporation (RDFN). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
AVDX vs. RDFN - Drawdown Comparison
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Volatility
AVDX vs. RDFN - Volatility Comparison
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Dividends
AVDX vs. RDFN - Dividend Comparison
Neither AVDX nor RDFN has paid dividends to shareholders.
Financials
AVDX vs. RDFN - Financials Comparison
This section allows you to compare key financial metrics between AvidXchange Holdings, Inc. and Redfin Corporation. 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
AVDX and RDFN have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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