AVNT vs. APD
Compare and contrast key facts about Avient Corporation (AVNT) and Air Products and Chemicals, Inc. (APD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVNT or APD.
Key characteristics
| AVNT | APD | |
|---|---|---|
| YTD Return | 1.14% | -16.21% |
| 1Y Return | 5.47% | -18.34% |
| 3Y Return (Ann) | -3.94% | -5.19% |
| 5Y Return (Ann) | 10.63% | 5.25% |
| 10Y Return (Ann) | 2.81% | 10.27% |
| Sharpe Ratio | 0.21 | -0.65 |
| Daily Std Dev | 29.89% | 28.07% |
| Max Drawdown | -99.45% | -60.30% |
| Current Drawdown | -78.12% | -27.31% |
Fundamentals
| AVNT | APD | |
|---|---|---|
| Market Cap | $3.96B | $53.86B |
| EPS | $0.83 | $10.47 |
| PE Ratio | 52.29 | 23.14 |
| PEG Ratio | 0.72 | 1.43 |
| Revenue (TTM) | $3.14B | $12.42B |
| Gross Profit (TTM) | $964.00M | $3.77B |
| EBITDA (TTM) | $493.80M | $4.05B |
Correlation
The correlation between AVNT and APD is 0.36, 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.
Performance
AVNT vs. APD - Performance Comparison
In the year-to-date period, AVNT achieves a 1.14% return, which is significantly higher than APD's -16.21% return. Over the past 10 years, AVNT has underperformed APD with an annualized return of 2.81%, while APD has yielded a comparatively higher 10.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AVNT vs. APD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avient Corporation (AVNT) and Air Products and Chemicals, Inc. (APD). 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.
Dividends
AVNT vs. APD - Dividend Comparison
AVNT's dividend yield for the trailing twelve months is around 2.42%, less than APD's 3.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVNT Avient Corporation | 2.42% | 2.41% | 2.84% | 1.56% | 2.04% | 2.14% | 2.52% | 1.33% | 1.54% | 1.32% | 0.90% | 0.74% |
APD Air Products and Chemicals, Inc. | 3.08% | 2.56% | 2.10% | 1.97% | 1.96% | 1.97% | 2.75% | 2.32% | 2.30% | 2.49% | 2.13% | 2.54% |
Drawdowns
AVNT vs. APD - Drawdown Comparison
The maximum AVNT drawdown since its inception was -99.45%, which is greater than APD's maximum drawdown of -60.30%. Use the drawdown chart below to compare losses from any high point for AVNT and APD. For additional features, visit the drawdowns tool.
Volatility
AVNT vs. APD - Volatility Comparison
Avient Corporation (AVNT) has a higher volatility of 7.60% compared to Air Products and Chemicals, Inc. (APD) at 4.94%. This indicates that AVNT's price experiences larger fluctuations and is considered to be riskier than APD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.