BTSG vs. CALX
BTSG (BrightSpring Health Services, Inc) and CALX (Calix, Inc.) are both stocks. BTSG operates in Health Information Services (Healthcare), while CALX operates in Software - Application (Technology). Over the past year, BTSG returned 204.02% vs -35.96% for CALX. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
BTSG vs. CALX - Performance Comparison
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Returns By Period
In the year-to-date period, BTSG achieves a 59.44% return, which is significantly higher than CALX's -32.17% return.
BTSG
- 1D
- -18.07%
- 1M
- -13.50%
- 6M
- 52.05%
- YTD
- 59.44%
- 1Y
- 204.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 89.48%
CALX
- 1D
- 2.05%
- 1M
- -6.70%
- 6M
- -19.63%
- YTD
- -32.17%
- 1Y
- -35.96%
- 3Y*
- -6.68%
- 5Y*
- -5.16%
- 10Y*
- 16.84%
- ALL TIME*
- 4.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $220.39M | $311.69M | $243.26M | |
CALX Calix, Inc. | $66.73M | $55.05M | $45.28M |
BTSG vs. CALX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTSG BrightSpring Health Services, Inc | 59.44% | 119.91% | 41.92% |
CALX Calix, Inc. | -32.17% | 51.79% | -20.79% |
Correlation
The correlation between BTSG and CALX is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024 | 0.26 |
Fundamentals
BTSG:
$11.72B
CALX:
$2.26B
BTSG:
$1.67
CALX:
$0.77
BTSG:
35.85
CALX:
46.65
BTSG:
0.20
CALX:
0.46
BTSG:
0.91
CALX:
2.15
BTSG:
6.45
CALX:
3.31
BTSG:
$14.37B
CALX:
$1.11B
BTSG:
$1.78B
CALX:
$628.73M
BTSG:
$525.76M
CALX:
$84.29M
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Return for Risk
BTSG vs. CALX — Risk / Return Rank
BTSG
CALX
BTSG vs. CALX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BrightSpring Health Services, Inc (BTSG) and Calix, Inc. (CALX). 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.
| BTSG | CALX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.28 | ||
| Sortino ratioReturn per unit of downside risk | +5.09 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 0.85 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 10.52 | -0.76 | +11.27 |
| Martin ratioReturn relative to average drawdown | 59.98 | -1.34 | +61.32 |
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Drawdowns
BTSG vs. CALX - Drawdown Comparison
The maximum BTSG drawdown since its inception was -35.56%, smaller than the maximum CALX drawdown of -80.95%. Use the drawdown chart below to compare losses from any high point for BTSG and CALX.
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Drawdown Indicators
| BTSG | CALX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.56% | -80.95% | +45.39% |
Max Drawdown (1Y)Largest decline over 1 year | -18.10% | -48.58% | +30.48% |
Max Drawdown (3Y)Largest decline over 3 years | — | -48.58% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -65.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -65.32% | — |
Current DrawdownCurrent decline from peak | -18.10% | -55.11% | +37.01% |
Average DrawdownAverage peak-to-trough decline | -7.46% | -49.39% | +41.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 27.32% | -24.10% |
Volatility
BTSG vs. CALX - Volatility Comparison
BrightSpring Health Services, Inc (BTSG) has a higher volatility of 23.06% compared to Calix, Inc. (CALX) at 11.05%. This indicates that BTSG's price experiences larger fluctuations and is considered to be riskier than CALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BTSG | CALX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.06% | 11.05% | +12.01% |
Volatility (6M)Calculated over the trailing 6-month period | 36.11% | 30.45% | +5.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.83% | 40.02% | +3.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.18% | 48.82% | -3.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.18% | 51.33% | -6.15% |
Dividends
BTSG vs. CALX - Dividend Comparison
Neither BTSG nor CALX has paid dividends to shareholders.
Financials
BTSG vs. CALX - Financials Comparison
This section allows you to compare key financial metrics between BrightSpring Health Services, Inc and Calix, 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
BTSG vs. CALX - Profitability Comparison
BTSG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, BrightSpring Health Services, Inc reported a gross profit of 492.75M and revenue of 3.87B. Therefore, the gross margin over that period was 12.7%.
CALX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Calix, Inc. reported a gross profit of 160.12M and revenue of 293.33M. Therefore, the gross margin over that period was 54.6%.
BTSG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, BrightSpring Health Services, Inc reported an operating income of 130.39M and revenue of 3.87B, resulting in an operating margin of 3.4%.
CALX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Calix, Inc. reported an operating income of 21.85M and revenue of 293.33M, resulting in an operating margin of 7.5%.
BTSG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, BrightSpring Health Services, Inc reported a net income of 84.29M and revenue of 3.87B, resulting in a net margin of 2.2%.
CALX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Calix, Inc. reported a net income of 17.11M and revenue of 293.33M, resulting in a net margin of 5.8%.
Frequently Asked Questions
BTSG and CALX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTSG has higher volatility (23.06%) compared to CALX (11.05%). In terms of maximum drawdown, BTSG dropped -35.56% vs CALX's -80.95%.
BTSG currently has the higher Sharpe Ratio (4.36 vs -0.92), 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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