BYRN vs. KTOS
BYRN (Byrna Technologies Inc.) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, BYRN returned 6.61%/yr vs 26.65%/yr for KTOS. Their 0.11 correlation means their historical movements had little consistent relationship.
Performance
BYRN vs. KTOS - Performance Comparison
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Returns By Period
In the year-to-date period, BYRN achieves a -72.90% return, which is significantly lower than KTOS's -38.61% return. Over the past 10 years, BYRN has underperformed KTOS with an annualized return of 6.61%, while KTOS has yielded a comparatively higher 26.65% annualized return.
BYRN
- 1D
- -0.22%
- 1M
- -34.72%
- 6M
- -66.81%
- YTD
- -72.90%
- 1Y
- -78.66%
- 3Y*
- 9.14%
- 5Y*
- -28.29%
- 10Y*
- 6.61%
- ALL TIME*
- 3.96%
KTOS
- 1D
- 0.93%
- 1M
- -15.81%
- 6M
- -54.76%
- YTD
- -38.61%
- 1Y
- -17.83%
- 3Y*
- 45.72%
- 5Y*
- 11.37%
- 10Y*
- 26.65%
- ALL TIME*
- -4.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.54M | $5.26M | $3.58M | |
| $144.82M | $177.61M | $257.63M |
BYRN vs. KTOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BYRN Byrna Technologies Inc. | -72.90% | -41.72% | 350.86% | -18.49% | -41.27% | -7.93% | 663.16% | 26.67% | 7.14% | -30.00% |
KTOS Kratos Defense & Security Solutions, Inc. | -38.61% | 187.76% | 30.01% | 96.61% | -46.80% | -29.27% | 52.30% | 27.82% | 33.05% | 43.11% |
Correlation
The correlation between BYRN and KTOS is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2011 | 0.11 |
Over the past year, BYRN and KTOS have become more correlated (0.35) than their long-term average of 0.11, meaning their price movements have been converging.
Fundamentals
BYRN:
$103.25M
KTOS:
$8.74B
BYRN:
-$0.16
KTOS:
$0.17
BYRN:
0.99
KTOS:
5.77
BYRN:
1.81
KTOS:
2.45
BYRN:
$108.86M
KTOS:
$1.42B
BYRN:
$57.17M
KTOS:
$259.40M
BYRN:
-$3.55M
KTOS:
$78.30M
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Return for Risk
BYRN vs. KTOS — Risk / Return Rank
BYRN
KTOS
BYRN vs. KTOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Byrna Technologies Inc. (BYRN) and Kratos Defense & Security Solutions, Inc. (KTOS). 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.
| BYRN | KTOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 1.01 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | -0.31 | -0.59 |
| Martin ratioReturn relative to average drawdown | -1.44 | -0.55 | -0.89 |
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Drawdowns
BYRN vs. KTOS - Drawdown Comparison
The maximum BYRN drawdown since its inception was -92.51%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for BYRN and KTOS.
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Drawdown Indicators
| BYRN | KTOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.51% | -99.81% | +7.30% |
Max Drawdown (1Y)Largest decline over 1 year | -88.49% | -66.43% | -22.06% |
Max Drawdown (3Y)Largest decline over 3 years | -90.70% | -66.43% | -24.27% |
Max Drawdown (5Y)Largest decline over 5 years | -92.51% | -66.58% | -25.93% |
Max Drawdown (10Y)Largest decline over 10 years | -92.51% | -72.74% | -19.77% |
Current DrawdownCurrent decline from peak | -86.69% | -97.05% | +10.36% |
Average DrawdownAverage peak-to-trough decline | -52.64% | -95.93% | +43.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.21% | 37.39% | +17.82% |
Volatility
BYRN vs. KTOS - Volatility Comparison
Byrna Technologies Inc. (BYRN) has a higher volatility of 50.27% compared to Kratos Defense & Security Solutions, Inc. (KTOS) at 19.73%. This indicates that BYRN's price experiences larger fluctuations and is considered to be riskier than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BYRN | KTOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 50.27% | 19.73% | +30.54% |
Volatility (6M)Calculated over the trailing 6-month period | 77.46% | 54.32% | +23.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.35% | 71.54% | +10.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.62% | 53.11% | +22.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.48% | 51.16% | +45.32% |
Dividends
BYRN vs. KTOS - Dividend Comparison
Neither BYRN nor KTOS has paid dividends to shareholders.
Financials
BYRN vs. KTOS - Financials Comparison
This section allows you to compare key financial metrics between Byrna Technologies Inc. and Kratos Defense & Security Solutions, 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
BYRN vs. KTOS - Profitability Comparison
BYRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Byrna Technologies Inc. reported a gross profit of 1.78M and revenue of 16.39M. Therefore, the gross margin over that period was 10.9%.
KTOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.
BYRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Byrna Technologies Inc. reported an operating income of -12.85M and revenue of 16.39M, resulting in an operating margin of -78.4%.
KTOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.
BYRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Byrna Technologies Inc. reported a net income of -10.09M and revenue of 16.39M, resulting in a net margin of -61.6%.
KTOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.
Frequently Asked Questions
BYRN and KTOS have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYRN has higher volatility (50.27%) compared to KTOS (19.73%). In terms of maximum drawdown, BYRN dropped -92.51% vs KTOS's -99.81%.
KTOS currently has the higher Sharpe Ratio (-0.29 vs -0.97), 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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