AVNW vs. CVEO
AVNW (Aviat Networks, Inc.) and CVEO (Civeo Corporation) are both stocks. AVNW operates in Communication Equipment (Technology), while CVEO operates in Specialty Business Services (Industrials). Over the past 10 years, AVNW returned 20.58%/yr vs 5.20%/yr for CVEO. At a 0.19 correlation, their price movements are largely independent.
Performance
AVNW vs. CVEO - Performance Comparison
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Returns By Period
In the year-to-date period, AVNW achieves a -3.37% return, which is significantly lower than CVEO's 45.78% return. Over the past 10 years, AVNW has outperformed CVEO with an annualized return of 20.58%, while CVEO has yielded a comparatively lower 5.20% annualized return.
AVNW
- 1D
- 2.28%
- 1M
- 17.45%
- YTD
- -3.37%
- 6M
- -3.32%
- 1Y
- -9.66%
- 3Y*
- -12.73%
- 5Y*
- -10.01%
- 10Y*
- 20.58%
CVEO
- 1D
- 1.28%
- 1M
- -0.77%
- YTD
- 45.78%
- 6M
- 41.63%
- 1Y
- 53.01%
- 3Y*
- 23.68%
- 5Y*
- 15.70%
- 10Y*
- 5.20%
AVNW vs. CVEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVNW Aviat Networks, Inc. | -3.37% | 18.06% | -44.55% | 4.71% | -2.77% | 87.88% | 143.06% | 6.04% | -12.66% | 9.69% |
CVEO Civeo Corporation | 45.78% | 1.59% | 3.58% | -24.85% | 62.23% | 37.91% | -10.21% | -9.79% | -47.62% | 24.09% |
Correlation
The correlation between AVNW and CVEO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since May 19, 2014 | 0.19 |
Fundamentals
AVNW:
$0.70
CVEO:
-$1.48
AVNW:
0.62
CVEO:
0.47
AVNW:
$434.14M
CVEO:
$667.47M
AVNW:
$140.51M
CVEO:
$49.04M
AVNW:
$27.72M
CVEO:
$73.11M
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Return for Risk
AVNW vs. CVEO — Risk / Return Rank
AVNW
CVEO
AVNW vs. CVEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aviat Networks, Inc. (AVNW) and Civeo Corporation (CVEO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVNW | CVEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.85 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.31 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | -0.22 | 2.61 | -2.83 |
| Martin ratioReturn relative to average drawdown | -0.56 | 7.36 | -7.93 |
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Drawdowns
AVNW vs. CVEO - Drawdown Comparison
The maximum AVNW drawdown since its inception was -97.67%, roughly equal to the maximum CVEO drawdown of -98.72%. Use the drawdown chart below to compare losses from any high point for AVNW and CVEO.
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Drawdown Indicators
| AVNW | CVEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.67% | -98.72% | +1.05% |
Max Drawdown (1Y)Largest decline over 1 year | -43.57% | -20.41% | -23.16% |
Max Drawdown (3Y)Largest decline over 3 years | -64.27% | -33.24% | -31.03% |
Max Drawdown (5Y)Largest decline over 5 years | -65.40% | -50.41% | -14.99% |
Max Drawdown (10Y)Largest decline over 10 years | -68.58% | -92.28% | +23.70% |
Current DrawdownCurrent decline from peak | -84.42% | -89.15% | +4.73% |
Average DrawdownAverage peak-to-trough decline | -81.24% | -89.28% | +8.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.18% | 7.22% | +9.96% |
Volatility
AVNW vs. CVEO - Volatility Comparison
Aviat Networks, Inc. (AVNW) has a higher volatility of 19.09% compared to Civeo Corporation (CVEO) at 9.24%. This indicates that AVNW's price experiences larger fluctuations and is considered to be riskier than CVEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVNW | CVEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.09% | 9.24% | +9.85% |
Volatility (6M)Calculated over the trailing 6-month period | 54.91% | 20.90% | +34.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.77% | 31.73% | +27.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.32% | 39.87% | +12.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.27% | 60.71% | -5.44% |
Dividends
AVNW vs. CVEO - Dividend Comparison
Neither AVNW nor CVEO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AVNW Aviat Networks, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
CVEO Civeo Corporation | 0.00% | 1.09% | 4.40% | 2.19% |
Financials
AVNW vs. CVEO - Financials Comparison
This section allows you to compare key financial metrics between Aviat Networks, Inc. and Civeo 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
AVNW vs. CVEO - Profitability Comparison
AVNW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aviat Networks, Inc. reported a gross profit of 29.28M and revenue of 100.00M. Therefore, the gross margin over that period was 29.3%.
CVEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Civeo Corporation reported a gross profit of 0.00 and revenue of 172.67M. Therefore, the gross margin over that period was 0.0%.
AVNW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aviat Networks, Inc. reported an operating income of 939.00K and revenue of 100.00M, resulting in an operating margin of 0.9%.
CVEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Civeo Corporation reported an operating income of 0.00 and revenue of 172.67M, resulting in an operating margin of 0.0%.
AVNW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aviat Networks, Inc. reported a net income of -2.07M and revenue of 100.00M, resulting in a net margin of -2.1%.
CVEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Civeo Corporation reported a net income of -3.81M and revenue of 172.67M, resulting in a net margin of -2.2%.
Frequently Asked Questions
AVNW and CVEO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVNW has higher volatility (19.09%) compared to CVEO (9.24%). In terms of maximum drawdown, AVNW dropped -97.67% vs CVEO's -98.72%.
CVEO currently has the higher Sharpe Ratio (1.68 vs -0.17), 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.
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