DY vs. LQDA
DY (Dycom Industries, Inc.) and LQDA (Liquidia Corporation) are both stocks. DY operates in Engineering & Construction (Industrials), while LQDA operates in Biotechnology (Healthcare). Over the past 5 years, DY returned 42.09%/yr vs 92.14%/yr for LQDA. At a 0.17 correlation, their price movements are largely independent.
Performance
DY vs. LQDA - Performance Comparison
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Returns By Period
In the year-to-date period, DY achieves a 38.80% return, which is significantly lower than LQDA's 106.52% return.
DY
- 1D
- 0.95%
- 1M
- 5.44%
- YTD
- 38.80%
- 6M
- 35.64%
- 1Y
- 99.12%
- 3Y*
- 64.20%
- 5Y*
- 42.09%
- 10Y*
- 18.68%
LQDA
- 1D
- -0.55%
- 1M
- 23.68%
- YTD
- 106.52%
- 6M
- 113.39%
- 1Y
- 392.94%
- 3Y*
- 105.40%
- 5Y*
- 92.14%
- 10Y*
- —
DY vs. LQDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DY Dycom Industries, Inc. | 38.80% | 94.13% | 51.24% | 22.96% | -0.17% | 24.15% | 60.17% | -12.75% | -41.91% |
LQDA Liquidia Corporation | 106.52% | 193.28% | -2.24% | 88.85% | 30.80% | 65.08% | -30.99% | -80.26% | 73.98% |
Correlation
The correlation between DY and LQDA is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2018 | 0.17 |
Fundamentals
DY:
$14.25B
LQDA:
$7.20B
DY:
$10.52
LQDA:
$0.24
DY:
44.57
LQDA:
297.86
DY:
2.22
LQDA:
23.06
DY:
7.52
LQDA:
66.33
DY:
$6.25B
LQDA:
$288.07M
DY:
$1.23B
LQDA:
$275.77M
DY:
$1.07B
LQDA:
$51.53M
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Return for Risk
DY vs. LQDA — Risk / Return Rank
DY
LQDA
DY vs. LQDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dycom Industries, Inc. (DY) and Liquidia Corporation (LQDA). 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.
| DY | LQDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.61 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 11.11 | -7.03 |
| Martin ratioReturn relative to average drawdown | 13.38 | 28.59 | -15.21 |
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Drawdowns
DY vs. LQDA - Drawdown Comparison
The maximum DY drawdown since its inception was -93.54%, roughly equal to the maximum LQDA drawdown of -93.87%. Use the drawdown chart below to compare losses from any high point for DY and LQDA.
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Drawdown Indicators
| DY | LQDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.54% | -93.87% | +0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -24.43% | -35.66% | +11.23% |
Max Drawdown (3Y)Largest decline over 3 years | -32.58% | -46.80% | +14.22% |
Max Drawdown (5Y)Largest decline over 5 years | -33.70% | -55.36% | +21.66% |
Max Drawdown (10Y)Largest decline over 10 years | -89.01% | — | — |
Current DrawdownCurrent decline from peak | -12.37% | -0.55% | -11.82% |
Average DrawdownAverage peak-to-trough decline | -45.66% | -69.53% | +23.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.43% | 13.91% | -6.48% |
Volatility
DY vs. LQDA - Volatility Comparison
Dycom Industries, Inc. (DY) has a higher volatility of 26.09% compared to Liquidia Corporation (LQDA) at 19.43%. This indicates that DY's price experiences larger fluctuations and is considered to be riskier than LQDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DY | LQDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.09% | 19.43% | +6.66% |
Volatility (6M)Calculated over the trailing 6-month period | 38.40% | 48.44% | -10.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.60% | 65.96% | -20.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.51% | 73.71% | -30.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.93% | 85.80% | -32.87% |
Dividends
DY vs. LQDA - Dividend Comparison
Neither DY nor LQDA has paid dividends to shareholders.
Financials
DY vs. LQDA - Financials Comparison
This section allows you to compare key financial metrics between Dycom Industries, Inc. and Liquidia Corporation. 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
DY vs. LQDA - Profitability Comparison
DY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dycom Industries, Inc. reported a gross profit of 275.08M and revenue of 1.96B. Therefore, the gross margin over that period was 14.0%.
LQDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Liquidia Corporation reported a gross profit of 132.09M and revenue of 132.87M. Therefore, the gross margin over that period was 99.4%.
DY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dycom Industries, Inc. reported an operating income of 143.75M and revenue of 1.96B, resulting in an operating margin of 7.3%.
LQDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Liquidia Corporation reported an operating income of 61.50M and revenue of 132.87M, resulting in an operating margin of 46.3%.
DY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dycom Industries, Inc. reported a net income of 91.29M and revenue of 1.96B, resulting in a net margin of 4.7%.
LQDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Liquidia Corporation reported a net income of 52.86M and revenue of 132.87M, resulting in a net margin of 39.8%.
Frequently Asked Questions
DY and LQDA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DY has higher volatility (26.09%) compared to LQDA (19.43%). In terms of maximum drawdown, DY dropped -93.54% vs LQDA's -93.87%.
LQDA currently has the higher Sharpe Ratio (6.01 vs 2.19), 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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