BWAY vs. PRLD
BWAY (BrainsWay Ltd.) and PRLD (Prelude Therapeutics Incorporated) are both stocks. Both are in the Healthcare sector — BWAY in Medical Devices, PRLD in Biotechnology. Over the past 5 years, BWAY returned 27.73%/yr vs -32.17%/yr for PRLD. Their 0.13 correlation means their historical movements had little consistent relationship.
Performance
BWAY vs. PRLD - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with BWAY having a 60.15% return and PRLD slightly lower at 58.62%.
BWAY
- 1D
- -0.13%
- 1M
- 0.26%
- 6M
- 30.28%
- YTD
- 60.15%
- 1Y
- 165.56%
- 3Y*
- 135.57%
- 5Y*
- 27.73%
- 10Y*
- —
- ALL TIME*
- 14.81%
PRLD
- 1D
- -8.91%
- 1M
- -6.31%
- 6M
- 148.65%
- YTD
- 58.62%
- 1Y
- 455.35%
- 3Y*
- 7.62%
- 5Y*
- -32.17%
- 10Y*
- —
- ALL TIME*
- -25.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BWAY BrainsWay Ltd. | $2.90M | $2.10M | $2.02M |
| $1.89M | $1.68M | $1.96M |
BWAY vs. PRLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BWAY BrainsWay Ltd. | 60.15% | 101.70% | 45.52% | 162.35% | -67.92% | 2.12% | 33.93% |
PRLD Prelude Therapeutics Incorporated | 58.62% | 127.45% | -70.14% | -29.30% | -51.49% | -82.60% | 183.59% |
Correlation
The correlation between BWAY and PRLD is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2020 | 0.13 |
The correlation between BWAY and PRLD shifts across timeframes, from 0.13 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BWAY:
$597.37M
PRLD:
$261.89M
BWAY:
$0.34
PRLD:
-$1.05
BWAY:
7.05
PRLD:
20.32
BWAY:
3.83
PRLD:
6.31
BWAY:
$56.22M
PRLD:
$16.72M
BWAY:
$42.45M
PRLD:
$11.30M
BWAY:
$12.57M
PRLD:
-$82.17M
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Return for Risk
BWAY vs. PRLD — Risk / Return Rank
BWAY
PRLD
BWAY vs. PRLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BrainsWay Ltd. (BWAY) and Prelude Therapeutics Incorporated (PRLD). 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.
| BWAY | PRLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.53 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 8.47 | 7.05 | +1.42 |
| Martin ratioReturn relative to average drawdown | 19.80 | 15.63 | +4.17 |
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Drawdowns
BWAY vs. PRLD - Drawdown Comparison
The maximum BWAY drawdown since its inception was -88.14%, smaller than the maximum PRLD drawdown of -99.33%. Use the drawdown chart below to compare losses from any high point for BWAY and PRLD.
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Drawdown Indicators
| BWAY | PRLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.14% | -99.33% | +11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -19.10% | -70.10% | +51.00% |
Max Drawdown (3Y)Largest decline over 3 years | -36.33% | -90.42% | +54.09% |
Max Drawdown (5Y)Largest decline over 5 years | -83.71% | -98.42% | +14.71% |
Current DrawdownCurrent decline from peak | -11.30% | -94.98% | +83.68% |
Average DrawdownAverage peak-to-trough decline | -36.57% | -85.39% | +48.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.16% | 31.55% | -23.39% |
Volatility
BWAY vs. PRLD - Volatility Comparison
The current volatility for BrainsWay Ltd. (BWAY) is 19.23%, while Prelude Therapeutics Incorporated (PRLD) has a volatility of 25.48%. This indicates that BWAY experiences smaller price fluctuations and is considered to be less risky than PRLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWAY | PRLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.23% | 25.48% | -6.25% |
Volatility (6M)Calculated over the trailing 6-month period | 38.72% | 78.18% | -39.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.07% | 199.86% | -145.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.70% | 125.59% | -62.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.36% | 121.41% | -60.05% |
Dividends
BWAY vs. PRLD - Dividend Comparison
Neither BWAY nor PRLD has paid dividends to shareholders.
Financials
BWAY vs. PRLD - Financials Comparison
This section allows you to compare key financial metrics between BrainsWay Ltd. and Prelude Therapeutics Incorporated. 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
Frequently Asked Questions
BWAY and PRLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRLD has higher volatility (25.48%) compared to BWAY (19.23%). In terms of maximum drawdown, BWAY dropped -88.14% vs PRLD's -99.33%.
BWAY currently has the higher Sharpe Ratio (2.99 vs 2.47), 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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