AVDX vs. STNE

Last updated Jun 4, 2026

AVDX (AvidXchange Holdings, Inc.) and STNE (StoneCo Ltd.) are both stocks. Both are in the Technology sector — AVDX in Software - Infrastructure, STNE in Software - Application. At a 0.34 correlation, their price movements are largely independent.

Performance

AVDX vs. STNE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AvidXchange Holdings, Inc. (AVDX) and StoneCo Ltd. (STNE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AVDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

STNE

• 1D: -5.34%
• 1M: -1.85%
• YTD: -12.92%
• 6M: -18.17%
• 1Y: -9.04%
• 3Y*: -0.28%
• 5Y*: -27.46%
• 10Y*: —

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

AVDX vs. STNE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AVDX AvidXchange Holdings, Inc.	0.00%	-3.29%	-16.55%	24.65%	-34.00%	-39.62%
STNE StoneCo Ltd.	-12.92%	85.57%	-55.80%	91.00%	-44.01%	-47.39%

Correlation

The correlation between AVDX and STNE is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021	0.34

Over the past year, the correlation between AVDX and STNE has dropped to 0.10 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Fundamentals

Market Cap AVDX : $2.07B STNE : $2.70B
EPS AVDX : -$0.04 STNE : $12.96
PS Ratio AVDX : 4.63 STNE : 0.24
PB Ratio AVDX : 3.01 STNE : 0.22
Total Revenue (TTM) AVDX : $446.72M STNE : $11.69B
Gross Profit (TTM) AVDX : $323.96M STNE : $8.11B
EBITDA (TTM) AVDX : $36.84M STNE : $3.75B

Return for Risk

AVDX vs. STNE — Risk / Return Rank

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

STNE

STNE Risk / Return Rank: 33
STNE Sharpe Ratio Rank: 33
STNE Sortino Ratio Rank: 32
STNE Omega Ratio Rank: 32
STNE Calmar Ratio Rank: 33
STNE Martin Ratio Rank: 32

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.

AVDX vs. STNE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AvidXchange Holdings, Inc. (AVDX) and StoneCo Ltd. (STNE). 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.

Sharpe Ratios by Period

	AVDX	STNE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.18	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.16	—

Drawdowns

Drawdown Indicators

	AVDX	STNE	Difference
Max Drawdown Largest peak-to-trough decline	—	-92.31%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-40.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-57.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-89.72%	—
Current Drawdown Current decline from peak	—	-86.31%	—
Average Drawdown Average peak-to-trough decline	—	-61.10%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	19.35%	—

Volatility

Volatility by Period

	AVDX	STNE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	40.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	51.25%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	64.89%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	67.48%	—

Dividends

AVDX vs. STNE - Dividend Comparison

AVDX has not paid dividends to shareholders, while STNE's dividend yield for the trailing twelve months is around 23.78%.

Position	TTM
AVDX AvidXchange Holdings, Inc.	0.00%
STNE StoneCo Ltd.	23.78%

Financials

Frequently Asked Questions

Can I hold both AVDX and STNE in my portfolio?

AVDX and STNE have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.