EVLV vs. KTOS
EVLV (Evolv Technologies Holdings Inc) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. Both are in the Industrials sector — EVLV in Security & Protection Services, KTOS in Aerospace & Defense. Over the past 5 years, EVLV returned -9.60%/yr vs 17.13%/yr for KTOS. At a 0.26 correlation, their price movements are largely independent.
Performance
EVLV vs. KTOS - Performance Comparison
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Returns By Period
In the year-to-date period, EVLV achieves a -14.94% return, which is significantly higher than KTOS's -23.92% return.
EVLV
- 1D
- -0.81%
- 1M
- 1.16%
- YTD
- -14.94%
- 6M
- -13.12%
- 1Y
- 17.57%
- 3Y*
- -1.38%
- 5Y*
- -9.60%
- 10Y*
- —
KTOS
- 1D
- -1.75%
- 1M
- 10.02%
- YTD
- -23.92%
- 6M
- -23.97%
- 1Y
- 40.03%
- 3Y*
- 60.38%
- 5Y*
- 17.13%
- 10Y*
- 30.83%
EVLV vs. KTOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EVLV Evolv Technologies Holdings Inc | -14.94% | 81.27% | -16.31% | 82.24% | -41.93% | -55.44% | 1.11% |
KTOS Kratos Defense & Security Solutions, Inc. | -23.92% | 187.76% | 30.01% | 96.61% | -46.80% | -29.27% | 38.82% |
Correlation
The correlation between EVLV and KTOS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2020 | 0.26 |
The correlation between EVLV and KTOS shifts across timeframes, from 0.15 (1 year) to 0.26 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EVLV:
$1.08B
KTOS:
$10.36B
EVLV:
-$0.21
KTOS:
$0.17
EVLV:
6.69
KTOS:
6.97
EVLV:
8.94
KTOS:
3.04
EVLV:
$160.23M
KTOS:
$1.42B
EVLV:
$79.75M
KTOS:
$259.40M
EVLV:
-$39.27M
KTOS:
$78.30M
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Return for Risk
EVLV vs. KTOS — Risk / Return Rank
EVLV
KTOS
EVLV vs. KTOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolv Technologies Holdings Inc (EVLV) and Kratos Defense & Security Solutions, Inc. (KTOS). 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.
| EVLV | KTOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.15 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | 0.67 | -0.27 |
| Martin ratioReturn relative to average drawdown | 0.75 | 1.34 | -0.59 |
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Drawdowns
EVLV vs. KTOS - Drawdown Comparison
The maximum EVLV drawdown since its inception was -84.50%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for EVLV and KTOS.
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Drawdown Indicators
| EVLV | KTOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.50% | -99.81% | +15.31% |
Max Drawdown (1Y)Largest decline over 1 year | -44.06% | -60.15% | +16.09% |
Max Drawdown (3Y)Largest decline over 3 years | -72.92% | -60.15% | -12.77% |
Max Drawdown (5Y)Largest decline over 5 years | -84.21% | -69.39% | -14.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.74% | — |
Current DrawdownCurrent decline from peak | -44.13% | -96.34% | +52.21% |
Average DrawdownAverage peak-to-trough decline | -50.29% | -95.93% | +45.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.37% | 29.90% | -6.53% |
Volatility
EVLV vs. KTOS - Volatility Comparison
The current volatility for Evolv Technologies Holdings Inc (EVLV) is 15.37%, while Kratos Defense & Security Solutions, Inc. (KTOS) has a volatility of 23.44%. This indicates that EVLV experiences smaller price fluctuations and is considered to be less risky than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVLV | KTOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.37% | 23.44% | -8.07% |
Volatility (6M)Calculated over the trailing 6-month period | 38.87% | 57.02% | -18.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.43% | 72.17% | -19.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.01% | 52.33% | +33.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.57% | 50.82% | +29.75% |
Dividends
EVLV vs. KTOS - Dividend Comparison
Neither EVLV nor KTOS has paid dividends to shareholders.
Financials
EVLV vs. KTOS - Financials Comparison
This section allows you to compare key financial metrics between Evolv Technologies Holdings Inc and Kratos Defense & Security Solutions, 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
EVLV vs. KTOS - Profitability Comparison
EVLV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported a gross profit of 23.60M and revenue of 46.33M. Therefore, the gross margin over that period was 50.9%.
KTOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.
EVLV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported an operating income of -8.47M and revenue of 46.33M, resulting in an operating margin of -18.3%.
KTOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.
EVLV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported a net income of -5.01M and revenue of 46.33M, resulting in a net margin of -10.8%.
KTOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.
Frequently Asked Questions
EVLV and KTOS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KTOS has higher volatility (23.44%) compared to EVLV (15.37%). In terms of maximum drawdown, EVLV dropped -84.50% vs KTOS's -99.81%.
KTOS currently has the higher Sharpe Ratio (0.56 vs 0.34), 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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