CSAI vs. ONDS

Last updated Jun 4, 2026

CSAI (Cloudastructure, Inc) and ONDS (Ondas Holdings Inc.) are both stocks. Both are in the Technology sector — CSAI in Software - Infrastructure, ONDS in Communication Equipment. Over the past year, CSAI returned -83.32% vs 717.61% for ONDS. At a 0.20 correlation, their price movements are largely independent.

Performance

CSAI vs. ONDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cloudastructure, Inc (CSAI) and Ondas Holdings Inc. (ONDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSAI achieves a -46.35% return, which is significantly lower than ONDS's 18.95% return.

CSAI

• 1D: -1.41%
• 1M: -28.77%
• YTD: -46.35%
• 6M: -60.00%
• 1Y: -83.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ONDS

• 1D: -14.51%
• 1M: 19.32%
• YTD: 18.95%
• 6M: 30.16%
• 1Y: 717.61%
• 3Y*: 136.70%
• 5Y*: 5.11%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSAI vs. ONDS - Yearly Performance Comparison

	2026 (YTD)	2025
CSAI Cloudastructure, Inc	-46.35%	-97.61%
ONDS Ondas Holdings Inc.	18.95%	477.51%

Correlation

The correlation between CSAI and ONDS is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jan 31, 2025	0.20

Fundamentals

EPS CSAI : -$0.55 ONDS : $1.54
PS Ratio CSAI : 1.67 ONDS : 19.00
Total Revenue (TTM) CSAI : $3.72M ONDS : $96.60M
Gross Profit (TTM) CSAI : $1.67M ONDS : $43.33M
EBITDA (TTM) CSAI : -$7.59M ONDS : -$75.39M

Return for Risk

CSAI vs. ONDS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSAI

CSAI Risk / Return Rank: 6
CSAI Sharpe Ratio Rank: 10
CSAI Sortino Ratio Rank: 4
CSAI Omega Ratio Rank: 8
CSAI Calmar Ratio Rank: 0
CSAI Martin Ratio Rank: 7

ONDS

ONDS Risk / Return Rank: 96
ONDS Sharpe Ratio Rank: 99
ONDS Sortino Ratio Rank: 95
ONDS Omega Ratio Rank: 91
ONDS Calmar Ratio Rank: 98
ONDS Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSAI vs. ONDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cloudastructure, Inc (CSAI) and Ondas Holdings Inc. (ONDS). 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.

	CSAI	ONDS	Difference
Sharpe ratio Return per unit of total volatility	-0.77	5.61	-6.37
Sortino ratio Return per unit of downside risk	-1.69	4.05	-5.74
Omega ratio Gain probability vs. loss probability	0.83	1.46	-0.63
Calmar ratio Return relative to maximum drawdown	-1.01	13.57	-14.58
Martin ratio Return relative to average drawdown	-1.45	30.66	-32.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSAI vs. ONDS - Sharpe Ratio Comparison

The current CSAI Sharpe Ratio is -0.77, which is lower than the ONDS Sharpe Ratio of 5.61. The chart below compares the historical Sharpe Ratios of CSAI and ONDS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CSAI	ONDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.77	5.61	-6.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	-0.02	-0.44

Drawdowns

CSAI vs. ONDS - Drawdown Comparison

The maximum CSAI drawdown since its inception was -98.85%, roughly equal to the maximum ONDS drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for CSAI and ONDS.

Drawdown Indicators

	CSAI	ONDS	Difference
Max Drawdown Largest peak-to-trough decline	-98.85%	-98.28%	-0.57%
Max Drawdown (1Y) Largest decline over 1 year	-82.99%	-53.37%	-29.62%
Max Drawdown (3Y) Largest decline over 3 years	—	-83.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-96.99%	—
Current Drawdown Current decline from peak	-98.85%	-40.46%	-58.39%
Average Drawdown Average peak-to-trough decline	-93.09%	-71.56%	-21.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.08%	23.58%	+34.50%

Volatility

CSAI vs. ONDS - Volatility Comparison

The current volatility for Cloudastructure, Inc (CSAI) is 23.48%, while Ondas Holdings Inc. (ONDS) has a volatility of 41.07%. This indicates that CSAI experiences smaller price fluctuations and is considered to be less risky than ONDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSAI	ONDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.48%	41.07%	-17.59%
Volatility (6M) Calculated over the trailing 6-month period	70.77%	77.86%	-7.09%
Volatility (1Y) Calculated over the trailing 1-year period	109.33%	129.26%	-19.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	210.43%	113.67%	+96.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	210.43%	120.84%	+89.59%

Dividends

CSAI vs. ONDS - Dividend Comparison

Neither CSAI nor ONDS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CSAI and ONDS in my portfolio?

CSAI and ONDS have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSAI or ONDS?

ONDS has higher volatility (41.07%) compared to CSAI (23.48%). In terms of maximum drawdown, CSAI dropped -98.85% vs ONDS's -98.28%.

Which has better risk-adjusted returns?

ONDS currently has the higher Sharpe Ratio (5.61 vs -0.77), 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.