CHCO vs. AVAV
CHCO (City Holding Company) and AVAV (AeroVironment, Inc.) are both stocks. CHCO operates in Banks - Regional (Financial Services), while AVAV operates in Aerospace & Defense (Industrials). Over the past 10 years, CHCO returned 15.33%/yr vs 18.22%/yr for AVAV. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
CHCO vs. AVAV - Performance Comparison
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Returns By Period
In the year-to-date period, CHCO achieves a 24.25% return, which is significantly higher than AVAV's -38.25% return. Over the past 10 years, CHCO has underperformed AVAV with an annualized return of 15.33%, while AVAV has yielded a comparatively higher 18.22% annualized return.
CHCO
- 1D
- 0.42%
- 1M
- 8.31%
- 6M
- 19.47%
- YTD
- 24.25%
- 1Y
- 23.52%
- 3Y*
- 16.84%
- 5Y*
- 17.18%
- 10Y*
- 15.33%
- ALL TIME*
- 9.01%
AVAV
- 1D
- 1.91%
- 1M
- -21.75%
- 6M
- -46.35%
- YTD
- -38.25%
- 1Y
- -42.57%
- 3Y*
- 15.09%
- 5Y*
- 8.12%
- 10Y*
- 18.22%
- ALL TIME*
- 9.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $190.78M | $258.41M | $271.62M | |
| $21.85M | $20.27M | $17.00M |
CHCO vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHCO City Holding Company | 24.25% | 3.38% | 10.41% | 21.95% | 17.28% | 21.28% | -12.17% | 24.83% | 2.85% | 2.46% |
AVAV AeroVironment, Inc. | -38.25% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
Correlation
The correlation between CHCO and AVAV is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.18 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.32 |
The correlation between CHCO and AVAV shifts across timeframes, from -0.02 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CHCO:
$2.05B
AVAV:
$7.56B
CHCO:
$9.10
AVAV:
-$5.41
CHCO:
5.22
AVAV:
5.17
CHCO:
2.54
AVAV:
1.71
CHCO:
$397.90M
AVAV:
$1.42B
CHCO:
$317.02M
AVAV:
$246.70M
CHCO:
$169.72M
AVAV:
-$6.04M
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Return for Risk
CHCO vs. AVAV — Risk / Return Rank
CHCO
AVAV
CHCO vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for City Holding Company (CHCO) and AeroVironment, Inc. (AVAV). 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.
| CHCO | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.93 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | -0.67 | +3.02 |
| Martin ratioReturn relative to average drawdown | 4.90 | -1.08 | +5.98 |
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Drawdowns
CHCO vs. AVAV - Drawdown Comparison
The maximum CHCO drawdown since its inception was -89.14%, which is greater than AVAV's maximum drawdown of -66.65%. Use the drawdown chart below to compare losses from any high point for CHCO and AVAV.
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Drawdown Indicators
| CHCO | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.14% | -66.65% | -22.49% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -66.65% | +57.22% |
Max Drawdown (3Y)Largest decline over 3 years | -18.38% | -66.65% | +48.27% |
Max Drawdown (5Y)Largest decline over 5 years | -18.38% | -66.65% | +48.27% |
Max Drawdown (10Y)Largest decline over 10 years | -32.25% | -66.65% | +34.40% |
Current DrawdownCurrent decline from peak | -0.07% | -63.55% | +63.48% |
Average DrawdownAverage peak-to-trough decline | -19.58% | -28.94% | +9.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 40.94% | -36.40% |
Volatility
CHCO vs. AVAV - Volatility Comparison
The current volatility for City Holding Company (CHCO) is 6.18%, while AeroVironment, Inc. (AVAV) has a volatility of 23.79%. This indicates that CHCO experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CHCO | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.18% | 23.79% | -17.61% |
Volatility (6M)Calculated over the trailing 6-month period | 12.69% | 59.10% | -46.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.13% | 74.38% | -55.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.13% | 57.67% | -34.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.58% | 52.98% | -26.40% |
Dividends
CHCO vs. AVAV - Dividend Comparison
CHCO's dividend yield for the trailing twelve months is around 2.40%, while AVAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CHCO City Holding Company | 2.40% | 2.72% | 2.48% | 2.42% | 2.63% | 2.84% | 3.28% | 2.64% | 2.83% | 2.59% | 2.53% | 3.64% |
Financials
CHCO vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between City Holding Company and AeroVironment, 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
CHCO vs. AVAV - Profitability Comparison
CHCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, City Holding Company reported a gross profit of 78.65M and revenue of 98.40M. Therefore, the gross margin over that period was 79.9%.
AVAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AeroVironment, Inc. reported a gross profit of 0.00 and revenue of 80.12M. Therefore, the gross margin over that period was 0.0%.
CHCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, City Holding Company reported an operating income of 39.26M and revenue of 98.40M, resulting in an operating margin of 39.9%.
AVAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AeroVironment, Inc. reported an operating income of 56.94M and revenue of 80.12M, resulting in an operating margin of 71.1%.
CHCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, City Holding Company reported a net income of 31.74M and revenue of 98.40M, resulting in a net margin of 32.3%.
AVAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AeroVironment, Inc. reported a net income of -24.10M and revenue of 80.12M, resulting in a net margin of -30.1%.
Frequently Asked Questions
CHCO and AVAV have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (23.79%) compared to CHCO (6.18%). In terms of maximum drawdown, CHCO dropped -89.14% vs AVAV's -66.65%.
CHCO currently has the higher Sharpe Ratio (1.17 vs -0.60), 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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