CVSA vs. DRS
CVSA (Covista Inc.) and DRS (Leonardo DRS Inc. Common Stock) are both stocks. CVSA operates in Education & Training Services (Consumer Defensive), while DRS operates in Aerospace & Defense (Industrials). Over the past 3 years, CVSA returned 46.81%/yr vs 42.32%/yr for DRS. At a 0.26 correlation, their price movements are largely independent.
Performance
CVSA vs. DRS - Performance Comparison
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Returns By Period
In the year-to-date period, CVSA achieves a 24.09% return, which is significantly lower than DRS's 42.93% return.
CVSA
- 1D
- -2.65%
- 1M
- -0.31%
- YTD
- 24.09%
- 6M
- 38.24%
- 1Y
- 7.05%
- 3Y*
- 46.81%
- 5Y*
- 26.78%
- 10Y*
- 22.50%
DRS
- 1D
- -2.33%
- 1M
- 14.43%
- YTD
- 42.93%
- 6M
- 41.39%
- 1Y
- 8.10%
- 3Y*
- 42.32%
- 5Y*
- —
- 10Y*
- —
CVSA vs. DRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CVSA Covista Inc. | 24.09% | 13.89% | 54.11% | 66.06% | -12.73% |
DRS Leonardo DRS Inc. Common Stock | 42.93% | 6.56% | 61.23% | 56.81% | 10.65% |
Correlation
The correlation between CVSA and DRS is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2022 | 0.26 |
The correlation between CVSA and DRS shifts across timeframes, from 0.19 (1 year) to 0.29 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
CVSA:
$6.88
DRS:
$1.44
CVSA:
18.67
DRS:
33.74
CVSA:
0.60
DRS:
2.00
CVSA:
2.45
DRS:
2.65
CVSA:
$1.91B
DRS:
$3.70B
CVSA:
$1.11B
DRS:
$894.00M
CVSA:
$431.35M
DRS:
$433.00M
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Return for Risk
CVSA vs. DRS — Risk / Return Rank
CVSA
DRS
CVSA vs. DRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Covista Inc. (CVSA) and Leonardo DRS Inc. Common Stock (DRS). 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.
| CVSA | DRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.07 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.17 | 0.25 | -0.08 |
| Martin ratioReturn relative to average drawdown | 0.29 | 0.51 | -0.21 |
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Drawdowns
CVSA vs. DRS - Drawdown Comparison
The maximum CVSA drawdown since its inception was -77.26%, which is greater than DRS's maximum drawdown of -32.48%. Use the drawdown chart below to compare losses from any high point for CVSA and DRS.
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Drawdown Indicators
| CVSA | DRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.26% | -32.48% | -44.78% |
Max Drawdown (1Y)Largest decline over 1 year | -42.14% | -32.48% | -9.66% |
Max Drawdown (3Y)Largest decline over 3 years | -42.14% | -32.48% | -9.66% |
Max Drawdown (5Y)Largest decline over 5 years | -50.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.06% | — | — |
Current DrawdownCurrent decline from peak | -16.87% | -2.33% | -14.54% |
Average DrawdownAverage peak-to-trough decline | -30.66% | -7.25% | -23.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.19% | 16.05% | +8.14% |
Volatility
CVSA vs. DRS - Volatility Comparison
The current volatility for Covista Inc. (CVSA) is 9.20%, while Leonardo DRS Inc. Common Stock (DRS) has a volatility of 13.57%. This indicates that CVSA experiences smaller price fluctuations and is considered to be less risky than DRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVSA | DRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 13.57% | -4.37% |
Volatility (6M)Calculated over the trailing 6-month period | 27.97% | 31.84% | -3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.70% | 40.60% | +6.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.15% | 38.73% | +3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.43% | 38.73% | +0.70% |
Dividends
CVSA vs. DRS - Dividend Comparison
CVSA has not paid dividends to shareholders, while DRS's dividend yield for the trailing twelve months is around 0.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVSA Covista Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.15% | 1.42% |
DRS Leonardo DRS Inc. Common Stock | 0.74% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CVSA vs. DRS - Financials Comparison
This section allows you to compare key financial metrics between Covista Inc. and Leonardo DRS Inc. Common Stock. 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
CVSA vs. DRS - Profitability Comparison
CVSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported a gross profit of 290.93M and revenue of 487.03M. Therefore, the gross margin over that period was 59.7%.
DRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a gross profit of 212.00M and revenue of 846.00M. Therefore, the gross margin over that period was 25.1%.
CVSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported an operating income of 92.21M and revenue of 487.03M, resulting in an operating margin of 18.9%.
DRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported an operating income of 77.00M and revenue of 846.00M, resulting in an operating margin of 9.1%.
CVSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported a net income of 57.98M and revenue of 487.03M, resulting in a net margin of 11.9%.
DRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a net income of 62.00M and revenue of 846.00M, resulting in a net margin of 7.3%.
Frequently Asked Questions
CVSA and DRS have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRS has higher volatility (13.57%) compared to CVSA (9.20%). In terms of maximum drawdown, CVSA dropped -77.26% vs DRS's -32.48%.
DRS currently has the higher Sharpe Ratio (0.20 vs 0.15), 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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