AVNS vs. DNP

Last updated Jun 4, 2026

AVNS (Avanos Medical, Inc.) and DNP (DNP Select Income Fund Inc.) are both stocks. AVNS operates in Medical Devices (Healthcare), while DNP operates in Asset Management (Financial Services). Over the past 10 years, AVNS returned -2.53%/yr vs 8.07%/yr for DNP. At a 0.22 correlation, their price movements are largely independent.

Performance

AVNS vs. DNP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avanos Medical, Inc. (AVNS) and DNP Select Income Fund Inc. (DNP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVNS achieves a 122.44% return, which is significantly higher than DNP's 9.86% return. Over the past 10 years, AVNS has underperformed DNP with an annualized return of -2.53%, while DNP has yielded a comparatively higher 8.07% annualized return.

AVNS

• 1D: -0.04%
• 1M: 1.30%
• YTD: 122.44%
• 6M: 120.87%
• 1Y: 100.64%
• 3Y*: 0.20%
• 5Y*: -8.59%
• 10Y*: -2.53%

DNP

• 1D: 0.09%
• 1M: 0.99%
• YTD: 9.86%
• 6M: 9.48%
• 1Y: 17.33%
• 3Y*: 9.83%
• 5Y*: 8.37%
• 10Y*: 8.07%

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

AVNS vs. DNP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVNS Avanos Medical, Inc.	122.44%	-29.46%	-29.02%	-17.11%	-21.95%	-24.43%	36.14%	-24.76%	-3.01%	24.88%
DNP DNP Select Income Fund Inc.	9.86%	22.61%	13.36%	-18.56%	10.96%	14.05%	-13.67%	31.00%	3.53%	13.29%

Correlation

The correlation between AVNS and DNP is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since Oct 22, 2014	0.22

The correlation between AVNS and DNP shifts across timeframes, from 0.14 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS AVNS : -$1.99 DNP : $3.39
PS Ratio AVNS : 1.22 DNP : 8.21
Total Revenue (TTM) AVNS : $715.90M DNP : $487.07M
Gross Profit (TTM) AVNS : $353.40M DNP : $127.31M
EBITDA (TTM) AVNS : -$29.60M DNP : $775.91M

Return for Risk

AVNS vs. DNP — Risk / Return Rank

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

AVNS

AVNS Risk / Return Rank: 88
AVNS Sharpe Ratio Rank: 78
AVNS Sortino Ratio Rank: 93
AVNS Omega Ratio Rank: 93
AVNS Calmar Ratio Rank: 89
AVNS Martin Ratio Rank: 89

DNP

DNP Risk / Return Rank: 83
DNP Sharpe Ratio Rank: 85
DNP Sortino Ratio Rank: 82
DNP Omega Ratio Rank: 81
DNP Calmar Ratio Rank: 80
DNP Martin Ratio Rank: 89

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.

AVNS vs. DNP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avanos Medical, Inc. (AVNS) and DNP Select Income Fund Inc. (DNP). 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.

	AVNS	DNP	Difference
Sharpe ratio Return per unit of total volatility	1.30	1.78	-0.48
Sortino ratio Return per unit of downside risk	3.62	2.54	+1.08
Omega ratio Gain probability vs. loss probability	1.51	1.32	+0.19
Calmar ratio Return relative to maximum drawdown	4.33	2.71	+1.62
Martin ratio Return relative to average drawdown	11.06	11.43	-0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AVNS vs. DNP - Sharpe Ratio Comparison

The current AVNS Sharpe Ratio is 1.30, which is comparable to the DNP Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of AVNS and DNP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AVNS	DNP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.30	1.78	-0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	0.58	-0.76
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.06	0.47	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.33	-0.43

Drawdowns

AVNS vs. DNP - Drawdown Comparison

The maximum AVNS drawdown since its inception was -86.39%, which is greater than DNP's maximum drawdown of -48.49%. Use the drawdown chart below to compare losses from any high point for AVNS and DNP.

Drawdown Indicators

	AVNS	DNP	Difference
Max Drawdown Largest peak-to-trough decline	-86.39%	-48.49%	-37.90%
Max Drawdown (1Y) Largest decline over 1 year	-23.39%	-6.42%	-16.97%
Max Drawdown (3Y) Largest decline over 3 years	-62.41%	-18.29%	-44.12%
Max Drawdown (5Y) Largest decline over 5 years	-75.55%	-24.31%	-51.24%
Max Drawdown (10Y) Largest decline over 10 years	-86.39%	-39.56%	-46.83%
Current Drawdown Current decline from peak	-65.62%	-1.70%	-63.92%
Average Drawdown Average peak-to-trough decline	-47.04%	-8.53%	-38.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.13%	1.53%	+7.60%

Volatility

AVNS vs. DNP - Volatility Comparison

The current volatility for Avanos Medical, Inc. (AVNS) is 1.36%, while DNP Select Income Fund Inc. (DNP) has a volatility of 3.19%. This indicates that AVNS experiences smaller price fluctuations and is considered to be less risky than DNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVNS	DNP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.36%	3.19%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	57.06%	7.82%	+49.24%
Volatility (1Y) Calculated over the trailing 1-year period	77.95%	9.76%	+68.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.00%	14.51%	+33.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.65%	17.13%	+27.52%

Dividends

AVNS vs. DNP - Dividend Comparison

AVNS has not paid dividends to shareholders, while DNP's dividend yield for the trailing twelve months is around 7.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVNS Avanos Medical, 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%
DNP DNP Select Income Fund Inc.	7.33%	7.81%	8.84%	9.20%	6.93%	7.18%	7.60%	6.11%	7.50%	7.22%	7.62%	8.71%

Financials

Frequently Asked Questions

Can I hold both AVNS and DNP in my portfolio?

AVNS and DNP have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVNS or DNP?

DNP has higher volatility (3.19%) compared to AVNS (1.36%). In terms of maximum drawdown, AVNS dropped -86.39% vs DNP's -48.49%.

Which has better risk-adjusted returns?

DNP currently has the higher Sharpe Ratio (1.78 vs 1.30), 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.