DUOL vs. CVSA
DUOL (Duolingo, Inc.) and CVSA (Covista Inc.) are both stocks. DUOL operates in Software - Application (Technology), while CVSA operates in Education & Training Services (Consumer Defensive). Over the past 3 years, DUOL returned -8.39%/yr vs 46.81%/yr for CVSA. At a 0.23 correlation, their price movements are largely independent.
Performance
DUOL vs. CVSA - Performance Comparison
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Returns By Period
In the year-to-date period, DUOL achieves a -30.13% return, which is significantly lower than CVSA's 24.09% return.
DUOL
- 1D
- -0.98%
- 1M
- 16.81%
- YTD
- -30.13%
- 6M
- -37.52%
- 1Y
- -74.53%
- 3Y*
- -8.39%
- 5Y*
- —
- 10Y*
- —
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%
DUOL vs. CVSA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DUOL Duolingo, Inc. | -30.13% | -45.87% | 42.93% | 218.92% | -32.97% | -24.96% |
CVSA Covista Inc. | 24.09% | 13.89% | 54.11% | 66.06% | 20.09% | -16.07% |
Correlation
The correlation between DUOL and CVSA is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2021 | 0.23 |
The correlation between DUOL and CVSA shifts across timeframes, from 0.16 (1 year) to 0.28 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
DUOL:
$11.67
CVSA:
$6.88
DUOL:
10.51
CVSA:
18.67
DUOL:
0.03
CVSA:
0.60
DUOL:
4.04
CVSA:
2.45
DUOL:
$1.10B
CVSA:
$1.91B
DUOL:
$798.46M
CVSA:
$1.11B
DUOL:
$167.30M
CVSA:
$431.35M
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Return for Risk
DUOL vs. CVSA — Risk / Return Rank
DUOL
CVSA
DUOL vs. CVSA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Duolingo, Inc. (DUOL) and Covista Inc. (CVSA). 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.
| DUOL | CVSA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.81 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.10 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 0.17 | -1.09 |
| Martin ratioReturn relative to average drawdown | -1.26 | 0.29 | -1.55 |
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Drawdowns
DUOL vs. CVSA - Drawdown Comparison
The maximum DUOL drawdown since its inception was -83.35%, which is greater than CVSA's maximum drawdown of -77.26%. Use the drawdown chart below to compare losses from any high point for DUOL and CVSA.
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Drawdown Indicators
| DUOL | CVSA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.35% | -77.26% | -6.09% |
Max Drawdown (1Y)Largest decline over 1 year | -81.19% | -42.14% | -39.05% |
Max Drawdown (3Y)Largest decline over 3 years | -83.35% | -42.14% | -41.21% |
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 | -77.32% | -16.87% | -60.45% |
Average DrawdownAverage peak-to-trough decline | -35.76% | -30.66% | -5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 59.48% | 24.19% | +35.29% |
Volatility
DUOL vs. CVSA - Volatility Comparison
Duolingo, Inc. (DUOL) has a higher volatility of 15.67% compared to Covista Inc. (CVSA) at 9.20%. This indicates that DUOL's price experiences larger fluctuations and is considered to be riskier than CVSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DUOL | CVSA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.67% | 9.20% | +6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 40.94% | 27.97% | +12.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.97% | 46.70% | +16.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.21% | 42.15% | +24.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 66.21% | 39.43% | +26.78% |
Dividends
DUOL vs. CVSA - Dividend Comparison
Neither DUOL nor CVSA has paid dividends to shareholders.
| 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% |
DUOL Duolingo, 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% |
Financials
DUOL vs. CVSA - Financials Comparison
This section allows you to compare key financial metrics between Duolingo, Inc. and Covista 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
DUOL vs. CVSA - Profitability Comparison
DUOL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Duolingo, Inc. reported a gross profit of 213.10M and revenue of 291.97M. Therefore, the gross margin over that period was 73.0%.
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%.
DUOL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Duolingo, Inc. reported an operating income of 44.53M and revenue of 291.97M, resulting in an operating margin of 15.3%.
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%.
DUOL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Duolingo, Inc. reported a net income of 43.46M and revenue of 291.97M, resulting in a net margin of 14.9%.
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%.
Frequently Asked Questions
DUOL and CVSA have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DUOL has higher volatility (15.67%) compared to CVSA (9.20%). In terms of maximum drawdown, DUOL dropped -83.35% vs CVSA's -77.26%.
CVSA currently has the higher Sharpe Ratio (0.15 vs -1.19), 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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