AVNT vs. ZTS
AVNT (Avient Corporation) and ZTS (Zoetis Inc.) are both stocks. AVNT operates in Specialty Chemicals (Basic Materials), while ZTS operates in Drug Manufacturers - Specialty & Generic (Healthcare). Over the past 10 years, AVNT returned 1.41%/yr vs 6.09%/yr for ZTS. At a 0.36 correlation, their price movements are largely independent.
Performance
AVNT vs. ZTS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVNT achieves a 11.29% return, which is significantly higher than ZTS's -36.81% return. Over the past 10 years, AVNT has underperformed ZTS with an annualized return of 1.41%, while ZTS has yielded a comparatively higher 6.09% annualized return.
AVNT
- 1D
- 1.62%
- 1M
- -6.51%
- YTD
- 11.29%
- 6M
- 16.99%
- 1Y
- -3.86%
- 3Y*
- -1.58%
- 5Y*
- -5.18%
- 10Y*
- 1.41%
ZTS
- 1D
- -0.78%
- 1M
- -4.84%
- YTD
- -36.81%
- 6M
- -32.72%
- 1Y
- -52.96%
- 3Y*
- -20.57%
- 5Y*
- -14.04%
- 10Y*
- 6.09%
AVNT vs. ZTS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVNT Avient Corporation | 11.29% | -21.17% | 0.62% | 26.38% | -38.23% | 41.33% | 12.93% | 31.90% | -33.01% | 37.84% |
ZTS Zoetis Inc. | -36.81% | -21.75% | -16.63% | 35.91% | -39.51% | 48.26% | 25.76% | 55.71% | 19.45% | 35.55% |
Correlation
The correlation between AVNT and ZTS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2013 | 0.36 |
Fundamentals
AVNT:
$3.17B
ZTS:
$33.29B
AVNT:
$1.72
ZTS:
$6.04
AVNT:
20.07
ZTS:
13.04
AVNT:
0.43
ZTS:
1.46
AVNT:
0.97
ZTS:
3.63
AVNT:
1.31
ZTS:
10.30
AVNT:
$3.28B
ZTS:
$9.51B
AVNT:
$1.04B
ZTS:
$6.73B
AVNT:
$481.10M
ZTS:
$3.95B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVNT vs. ZTS — Risk / Return Rank
AVNT
ZTS
AVNT vs. ZTS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avient Corporation (AVNT) and Zoetis Inc. (ZTS). 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.
| AVNT | ZTS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.38 | ||
| Sortino ratioReturn per unit of downside risk | +2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.65 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | -0.96 | +0.82 |
| Martin ratioReturn relative to average drawdown | -0.28 | -2.06 | +1.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AVNT | ZTS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.12 | -1.49 | +1.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | -0.49 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.23 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.31 | -0.19 |
Drawdowns
AVNT vs. ZTS - Drawdown Comparison
The maximum AVNT drawdown since its inception was -89.80%, which is greater than ZTS's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for AVNT and ZTS.
Loading charts...
Drawdown Indicators
| AVNT | ZTS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.80% | -68.48% | -21.32% |
Max Drawdown (1Y)Largest decline over 1 year | -26.89% | -55.35% | +28.46% |
Max Drawdown (3Y)Largest decline over 3 years | -46.88% | -61.77% | +14.89% |
Max Drawdown (5Y)Largest decline over 5 years | -52.94% | -68.48% | +15.54% |
Max Drawdown (10Y)Largest decline over 10 years | -76.89% | -68.48% | -8.41% |
Current DrawdownCurrent decline from peak | -36.42% | -66.52% | +30.10% |
Average DrawdownAverage peak-to-trough decline | -28.86% | -14.79% | -14.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.68% | 26.22% | -12.54% |
Volatility
AVNT vs. ZTS - Volatility Comparison
The current volatility for Avient Corporation (AVNT) is 9.41%, while Zoetis Inc. (ZTS) has a volatility of 12.29%. This indicates that AVNT experiences smaller price fluctuations and is considered to be less risky than ZTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVNT | ZTS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | 12.29% | -2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 23.14% | 31.20% | -8.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.54% | 35.61% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.91% | 28.74% | +8.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.85% | 27.08% | +12.77% |
Dividends
AVNT vs. ZTS - Dividend Comparison
AVNT's dividend yield for the trailing twelve months is around 3.16%, more than ZTS's 2.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVNT Avient Corporation | 3.16% | 3.47% | 2.55% | 2.41% | 2.84% | 1.56% | 2.04% | 2.14% | 2.52% | 1.33% | 1.54% | 1.32% |
ZTS Zoetis Inc. | 2.61% | 1.59% | 1.06% | 0.76% | 0.89% | 0.41% | 0.48% | 0.50% | 0.59% | 0.58% | 0.71% | 0.69% |
Financials
AVNT vs. ZTS - Financials Comparison
This section allows you to compare key financial metrics between Avient Corporation and Zoetis Inc.. 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
AVNT vs. ZTS - Profitability Comparison
AVNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avient Corporation reported a gross profit of 272.60M and revenue of 847.40M. Therefore, the gross margin over that period was 32.2%.
ZTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported a gross profit of 1.62B and revenue of 2.26B. Therefore, the gross margin over that period was 71.7%.
AVNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avient Corporation reported an operating income of 95.80M and revenue of 847.40M, resulting in an operating margin of 11.3%.
ZTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported an operating income of 853.00M and revenue of 2.26B, resulting in an operating margin of 37.7%.
AVNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avient Corporation reported a net income of 55.70M and revenue of 847.40M, resulting in a net margin of 6.6%.
ZTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zoetis Inc. reported a net income of 601.00M and revenue of 2.26B, resulting in a net margin of 26.6%.
Frequently Asked Questions
AVNT and ZTS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZTS has higher volatility (12.29%) compared to AVNT (9.41%). In terms of maximum drawdown, AVNT dropped -89.80% vs ZTS's -68.48%.
AVNT currently has the higher Sharpe Ratio (-0.12 vs -1.49), 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.
Find the right allocation for AVNT and ZTS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer