EVEX vs. NPK

Last updated Jun 4, 2026

EVEX (Eve Holding Inc) and NPK (National Presto Industries, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 5 years, EVEX returned -20.74%/yr vs 9.29%/yr for NPK. At a 0.14 correlation, their price movements are largely independent.

Performance

EVEX vs. NPK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eve Holding Inc (EVEX) and National Presto Industries, Inc. (NPK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVEX achieves a -21.30% return, which is significantly lower than NPK's 21.09% return.

EVEX

• 1D: -7.10%
• 1M: 10.18%
• YTD: -21.30%
• 6M: -35.52%
• 1Y: -40.75%
• 3Y*: -27.44%
• 5Y*: -20.74%
• 10Y*: —

NPK

• 1D: -0.01%
• 1M: -3.18%
• YTD: 21.09%
• 6M: 36.73%
• 1Y: 50.24%
• 3Y*: 21.00%
• 5Y*: 9.29%
• 10Y*: 7.75%

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

EVEX vs. NPK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EVEX Eve Holding Inc	-21.30%	-26.65%	-25.68%	1.67%	-29.27%	-0.15%
NPK National Presto Industries, Inc.	21.09%	9.58%	29.95%	23.81%	-11.79%	-9.04%

Correlation

The correlation between EVEX and NPK 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	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jan 8, 2021	0.14

Fundamentals

EPS EVEX : -$1.00 NPK : $4.49
Total Revenue (TTM) EVEX : $0.00 NPK : $518.53M
Gross Profit (TTM) EVEX : -$741.00K NPK : $79.31M
EBITDA (TTM) EVEX : -$170.99M NPK : $45.82M

Return for Risk

EVEX vs. NPK — Risk / Return Rank

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

EVEX

EVEX Risk / Return Rank: 20
EVEX Sharpe Ratio Rank: 16
EVEX Sortino Ratio Rank: 19
EVEX Omega Ratio Rank: 20
EVEX Calmar Ratio Rank: 20
EVEX Martin Ratio Rank: 24

NPK

NPK Risk / Return Rank: 76
NPK Sharpe Ratio Rank: 79
NPK Sortino Ratio Rank: 73
NPK Omega Ratio Rank: 73
NPK Calmar Ratio Rank: 76
NPK Martin Ratio Rank: 78

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.

EVEX vs. NPK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eve Holding Inc (EVEX) and National Presto Industries, Inc. (NPK). 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.

	EVEX	NPK	Difference
Sharpe ratio Return per unit of total volatility	-0.57	1.38	-1.95
Sortino ratio Return per unit of downside risk	-0.54	1.85	-2.40
Omega ratio Gain probability vs. loss probability	0.94	1.24	-0.31
Calmar ratio Return relative to maximum drawdown	-0.60	2.17	-2.76
Martin ratio Return relative to average drawdown	-0.88	6.02	-6.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVEX vs. NPK - Sharpe Ratio Comparison

The current EVEX Sharpe Ratio is -0.57, which is lower than the NPK Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of EVEX and NPK, 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

	EVEX	NPK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	1.38	-1.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	0.35	-0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.30	0.36	-0.65

Drawdowns

EVEX vs. NPK - Drawdown Comparison

The maximum EVEX drawdown since its inception was -83.46%, which is greater than NPK's maximum drawdown of -53.91%. Use the drawdown chart below to compare losses from any high point for EVEX and NPK.

Drawdown Indicators

	EVEX	NPK	Difference
Max Drawdown Largest peak-to-trough decline	-83.46%	-53.91%	-29.55%
Max Drawdown (1Y) Largest decline over 1 year	-68.31%	-23.32%	-44.99%
Max Drawdown (3Y) Largest decline over 3 years	-78.00%	-23.32%	-54.68%
Max Drawdown (5Y) Largest decline over 5 years	-80.78%	-37.21%	-43.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-49.16%	—
Current Drawdown Current decline from peak	-78.18%	-12.42%	-65.76%
Average Drawdown Average peak-to-trough decline	-51.74%	-25.04%	-26.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.27%	8.37%	+37.90%

Volatility

EVEX vs. NPK - Volatility Comparison

Eve Holding Inc (EVEX) has a higher volatility of 25.79% compared to National Presto Industries, Inc. (NPK) at 15.88%. This indicates that EVEX's price experiences larger fluctuations and is considered to be riskier than NPK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVEX	NPK	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.79%	15.88%	+9.91%
Volatility (6M) Calculated over the trailing 6-month period	44.85%	27.97%	+16.88%
Volatility (1Y) Calculated over the trailing 1-year period	71.30%	36.63%	+34.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.42%	26.93%	+41.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.44%	28.53%	+37.91%

Dividends

EVEX vs. NPK - Dividend Comparison

EVEX has not paid dividends to shareholders, while NPK's dividend yield for the trailing twelve months is around 0.78%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVEX Eve Holding 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%
NPK National Presto Industries, Inc.	0.78%	0.94%	4.57%	4.98%	6.57%	7.62%	1.13%	5.66%	5.13%	4.52%	4.75%	4.89%

Financials

Frequently Asked Questions

Can I hold both EVEX and NPK in my portfolio?

EVEX and NPK 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.

Which is riskier, EVEX or NPK?

EVEX has higher volatility (25.79%) compared to NPK (15.88%). In terms of maximum drawdown, EVEX dropped -83.46% vs NPK's -53.91%.

Which has better risk-adjusted returns?

NPK currently has the higher Sharpe Ratio (1.38 vs -0.57), 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.