BTSGU vs. WEAV
BTSGU (BrightSpring Health Services Inc. Tangible Equity Unit) and WEAV (Weave Communications, Inc.) are both stocks. BTSGU operates in Health Information Services (Healthcare), while WEAV operates in Software - Application (Technology). Over the past year, BTSGU returned 193.56% vs -36.53% for WEAV. At a 0.12 correlation, their price movements are largely independent.
Performance
BTSGU vs. WEAV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTSGU achieves a 78.43% return, which is significantly higher than WEAV's -32.02% return.
BTSGU
- 1D
- 1.75%
- 1M
- 14.66%
- YTD
- 78.43%
- 6M
- 77.32%
- 1Y
- 193.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WEAV
- 1D
- -0.77%
- 1M
- -9.63%
- YTD
- -32.02%
- 6M
- -25.97%
- 1Y
- -36.53%
- 3Y*
- -17.32%
- 5Y*
- —
- 10Y*
- —
BTSGU vs. WEAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTSGU BrightSpring Health Services Inc. Tangible Equity Unit | 78.43% | 111.13% | 40.70% |
WEAV Weave Communications, Inc. | -32.02% | -52.32% | 21.53% |
Correlation
The correlation between BTSGU and WEAV is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024 | 0.12 |
Fundamentals
BTSGU:
$49.25B
WEAV:
$405.46M
BTSGU:
$1.42
WEAV:
-$0.33
BTSGU:
3.56
WEAV:
1.59
BTSGU:
24.88
WEAV:
4.87
BTSGU:
$13.65B
WEAV:
$248.72M
BTSGU:
$1.66B
WEAV:
$179.90M
BTSGU:
$572.07M
WEAV:
-$12.23M
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
BTSGU vs. WEAV — Risk / Return Rank
BTSGU
WEAV
BTSGU vs. WEAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BrightSpring Health Services Inc. Tangible Equity Unit (BTSGU) and Weave Communications, Inc. (WEAV). 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.
| BTSGU | WEAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.78 | ||
| Sortino ratioReturn per unit of downside risk | +5.86 | ||
| Omega ratioGain probability vs. loss probability | 1.68 | 0.91 | +0.77 |
| Calmar ratioReturn relative to maximum drawdown | 12.44 | -0.73 | +13.17 |
| Martin ratioReturn relative to average drawdown | 40.81 | -1.26 | +42.08 |
Loading charts...
Drawdowns
BTSGU vs. WEAV - Drawdown Comparison
The maximum BTSGU drawdown since its inception was -32.46%, smaller than the maximum WEAV drawdown of -86.06%. Use the drawdown chart below to compare losses from any high point for BTSGU and WEAV.
Loading charts...
Drawdown Indicators
| BTSGU | WEAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.46% | -86.06% | +53.60% |
Max Drawdown (1Y)Largest decline over 1 year | -15.66% | -50.28% | +34.62% |
Max Drawdown (3Y)Largest decline over 3 years | — | -74.94% | — |
Current DrawdownCurrent decline from peak | 0.00% | -76.33% | +76.33% |
Average DrawdownAverage peak-to-trough decline | -6.12% | -60.46% | +54.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 28.94% | -24.18% |
Volatility
BTSGU vs. WEAV - Volatility Comparison
The current volatility for BrightSpring Health Services Inc. Tangible Equity Unit (BTSGU) is 11.42%, while Weave Communications, Inc. (WEAV) has a volatility of 15.30%. This indicates that BTSGU experiences smaller price fluctuations and is considered to be less risky than WEAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTSGU | WEAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.42% | 15.30% | -3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 28.57% | 42.88% | -14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.13% | 55.60% | -17.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.51% | 64.61% | -26.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.51% | 64.61% | -26.10% |
Dividends
BTSGU vs. WEAV - Dividend Comparison
BTSGU's dividend yield for the trailing twelve months is around 1.52%, while WEAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BTSGU BrightSpring Health Services Inc. Tangible Equity Unit | 1.52% | 2.67% | 2.70% |
WEAV Weave Communications, Inc. | 0.00% | 0.00% | 0.00% |
Financials
BTSGU vs. WEAV - Financials Comparison
This section allows you to compare key financial metrics between BrightSpring Health Services Inc. Tangible Equity Unit and Weave Communications, 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
BTSGU vs. WEAV - Profitability Comparison
BTSGU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BrightSpring Health Services Inc. Tangible Equity Unit reported a gross profit of 482.22M and revenue of 3.61B. Therefore, the gross margin over that period was 13.3%.
WEAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Weave Communications, Inc. reported a gross profit of 47.54M and revenue of 65.50M. Therefore, the gross margin over that period was 72.6%.
BTSGU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BrightSpring Health Services Inc. Tangible Equity Unit reported an operating income of 121.45M and revenue of 3.61B, resulting in an operating margin of 3.4%.
WEAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Weave Communications, Inc. reported an operating income of -6.02M and revenue of 65.50M, resulting in an operating margin of -9.2%.
BTSGU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BrightSpring Health Services Inc. Tangible Equity Unit reported a net income of 148.77M and revenue of 3.61B, resulting in a net margin of 4.1%.
WEAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Weave Communications, Inc. reported a net income of -5.77M and revenue of 65.50M, resulting in a net margin of -8.8%.
Frequently Asked Questions
BTSGU and WEAV have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEAV has higher volatility (15.30%) compared to BTSGU (11.42%). In terms of maximum drawdown, BTSGU dropped -32.46% vs WEAV's -86.06%.
BTSGU currently has the higher Sharpe Ratio (5.12 vs -0.66), 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 BTSGU and WEAV
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