CRS vs. AVAV
CRS (Carpenter Technology Corporation) and AVAV (AeroVironment, Inc.) are both stocks. Both are in the Industrials sector — CRS in Metal Fabrication, AVAV in Aerospace & Defense. Over the past 10 years, CRS returned 35.01%/yr vs 18.47%/yr for AVAV. At a 0.38 correlation, their price movements are largely independent.
Performance
CRS vs. AVAV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRS achieves a 78.53% return, which is significantly higher than AVAV's -29.48% return. Over the past 10 years, CRS has outperformed AVAV with an annualized return of 35.01%, while AVAV has yielded a comparatively lower 18.47% annualized return.
CRS
- 1D
- -0.17%
- 1M
- 37.31%
- YTD
- 78.53%
- 6M
- 74.76%
- 1Y
- 126.36%
- 3Y*
- 121.69%
- 5Y*
- 68.28%
- 10Y*
- 35.01%
AVAV
- 1D
- -7.14%
- 1M
- 7.96%
- YTD
- -29.48%
- 6M
- -28.63%
- 1Y
- -12.57%
- 3Y*
- 20.96%
- 5Y*
- 8.68%
- 10Y*
- 18.47%
CRS vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRS Carpenter Technology Corporation | 78.53% | 86.23% | 141.72% | 94.48% | 29.50% | 2.66% | -39.44% | 42.12% | -29.16% | 43.40% |
AVAV AeroVironment, Inc. | -29.48% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
Correlation
The correlation between CRS and AVAV is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.38 |
The correlation between CRS and AVAV shifts across timeframes, from 0.22 (1 year) to 0.38 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CRS:
$28.24B
AVAV:
$8.32B
CRS:
$9.51
AVAV:
-$4.63
CRS:
9.34
AVAV:
6.94
CRS:
13.66
AVAV:
1.95
CRS:
$3.03B
AVAV:
$1.19B
CRS:
$900.50M
AVAV:
$104.63M
CRS:
$745.50M
AVAV:
-$242.06M
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
CRS vs. AVAV — Risk / Return Rank
CRS
AVAV
CRS vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carpenter Technology Corporation (CRS) 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.
| CRS | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.78 | ||
| Sortino ratioReturn per unit of downside risk | +3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.04 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 6.68 | -0.17 | +6.84 |
| Martin ratioReturn relative to average drawdown | 15.72 | -0.30 | +16.01 |
Loading charts...
Drawdowns
CRS vs. AVAV - Drawdown Comparison
The maximum CRS drawdown since its inception was -84.68%, which is greater than AVAV's maximum drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for CRS and AVAV.
Loading charts...
Drawdown Indicators
| CRS | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.68% | -61.45% | -23.23% |
Max Drawdown (1Y)Largest decline over 1 year | -19.08% | -61.45% | +42.37% |
Max Drawdown (3Y)Largest decline over 3 years | -28.74% | -61.45% | +32.71% |
Max Drawdown (5Y)Largest decline over 5 years | -41.86% | -61.45% | +19.59% |
Max Drawdown (10Y)Largest decline over 10 years | -74.70% | -61.45% | -13.25% |
Current DrawdownCurrent decline from peak | -0.17% | -58.38% | +58.21% |
Average DrawdownAverage peak-to-trough decline | -27.23% | -28.71% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.09% | 34.44% | -26.35% |
Volatility
CRS vs. AVAV - Volatility Comparison
The current volatility for Carpenter Technology Corporation (CRS) is 12.83%, while AeroVironment, Inc. (AVAV) has a volatility of 26.86%. This indicates that CRS 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.
Loading charts...
Volatility by Period
| CRS | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.83% | 26.86% | -14.03% |
Volatility (6M)Calculated over the trailing 6-month period | 33.92% | 57.90% | -23.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.29% | 74.35% | -26.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.70% | 56.01% | -9.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.88% | 52.05% | -3.17% |
Dividends
CRS vs. AVAV - Dividend Comparison
CRS's dividend yield for the trailing twelve months is around 0.14%, 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% |
CRS Carpenter Technology Corporation | 0.14% | 0.25% | 0.47% | 1.13% | 2.17% | 2.74% | 2.75% | 1.61% | 2.13% | 1.41% | 1.99% | 2.38% |
Financials
CRS vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Carpenter Technology Corporation 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
Frequently Asked Questions
CRS and AVAV have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (26.86%) compared to CRS (12.83%). In terms of maximum drawdown, CRS dropped -84.68% vs AVAV's -61.45%.
CRS currently has the higher Sharpe Ratio (2.64 vs -0.14), 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 CRS and AVAV
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