EVLV vs. RR

Last updated Jun 3, 2026

EVLV (Evolv Technologies Holdings Inc) and RR (Richtech Robotics Inc. Class B Common Stock) are both stocks. Both are in the Industrials sector — EVLV in Security & Protection Services, RR in Specialty Industrial Machinery. Over the past year, EVLV returned 24.86% vs 24.58% for RR. At a 0.21 correlation, their price movements are largely independent.

Performance

EVLV vs. RR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Evolv Technologies Holdings Inc (EVLV) and Richtech Robotics Inc. Class B Common Stock (RR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVLV achieves a -6.01% return, which is significantly higher than RR's -7.43% return.

EVLV

• 1D: -0.88%
• 1M: -7.68%
• YTD: -6.01%
• 6M: 6.49%
• 1Y: 24.86%
• 3Y*: 4.25%
• 5Y*: -7.69%
• 10Y*: —

RR

• 1D: -3.55%
• 1M: 18.18%
• YTD: -7.43%
• 6M: -16.01%
• 1Y: 24.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVLV vs. RR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EVLV Evolv Technologies Holdings Inc	-6.01%	81.27%	-16.31%	12.11%
RR Richtech Robotics Inc. Class B Common Stock	-7.43%	19.63%	-54.62%	13.33%

Correlation

The correlation between EVLV and RR is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (All Time) Calculated using the full available price history since Nov 20, 2023	0.21

Fundamentals

Market Cap EVLV : $1.19B RR : $581.83M
EPS EVLV : -$0.21 RR : -$0.11
PS Ratio EVLV : 7.39 RR : 87.76
PB Ratio EVLV : 9.87 RR : 2.16
Total Revenue (TTM) EVLV : $160.23M RR : $5.05M
Gross Profit (TTM) EVLV : $79.75M RR : $3.29M
EBITDA (TTM) EVLV : -$39.27M RR : -$12.64M

Return for Risk

EVLV vs. RR — Risk / Return Rank

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

EVLV

EVLV Risk / Return Rank: 53
EVLV Sharpe Ratio Rank: 57
EVLV Sortino Ratio Rank: 53
EVLV Omega Ratio Rank: 52
EVLV Calmar Ratio Rank: 52
EVLV Martin Ratio Rank: 52

RR

RR Risk / Return Rank: 52
RR Sharpe Ratio Rank: 47
RR Sortino Ratio Rank: 61
RR Omega Ratio Rank: 55
RR Calmar Ratio Rank: 50
RR Martin Ratio Rank: 48

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.

EVLV vs. RR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolv Technologies Holdings Inc (EVLV) and Richtech Robotics Inc. Class B Common Stock (RR). 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.

	EVLV	RR	Difference
Sharpe ratio Return per unit of total volatility	0.48	0.21	+0.28
Sortino ratio Return per unit of downside risk	1.00	1.33	-0.34
Omega ratio Gain probability vs. loss probability	1.12	1.14	-0.02
Calmar ratio Return relative to maximum drawdown	0.53	0.40	+0.13
Martin ratio Return relative to average drawdown	1.02	0.65	+0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVLV vs. RR - Sharpe Ratio Comparison

The current EVLV Sharpe Ratio is 0.48, which is higher than the RR Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of EVLV and RR, 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

	EVLV	RR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	0.21	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.08	-0.12	+0.04

Drawdowns

EVLV vs. RR - Drawdown Comparison

The maximum EVLV drawdown since its inception was -84.50%, smaller than the maximum RR drawdown of -96.67%. Use the drawdown chart below to compare losses from any high point for EVLV and RR.

Drawdown Indicators

	EVLV	RR	Difference
Max Drawdown Largest peak-to-trough decline	-84.50%	-96.67%	+12.17%
Max Drawdown (1Y) Largest decline over 1 year	-44.06%	-73.37%	+29.31%
Max Drawdown (3Y) Largest decline over 3 years	-72.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-84.21%	—	—
Current Drawdown Current decline from peak	-38.26%	-73.06%	+34.80%
Average Drawdown Average peak-to-trough decline	-50.36%	-74.81%	+24.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.74%	44.97%	-22.23%

Volatility

EVLV vs. RR - Volatility Comparison

The current volatility for Evolv Technologies Holdings Inc (EVLV) is 18.33%, while Richtech Robotics Inc. Class B Common Stock (RR) has a volatility of 30.46%. This indicates that EVLV experiences smaller price fluctuations and is considered to be less risky than RR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVLV	RR	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.33%	30.46%	-12.13%
Volatility (6M) Calculated over the trailing 6-month period	37.85%	81.53%	-43.68%
Volatility (1Y) Calculated over the trailing 1-year period	51.55%	118.29%	-66.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	85.90%	164.45%	-78.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.68%	164.45%	-83.77%

Dividends

EVLV vs. RR - Dividend Comparison

Neither EVLV nor RR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both EVLV and RR in my portfolio?

EVLV and RR have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVLV or RR?

RR has higher volatility (30.46%) compared to EVLV (18.33%). In terms of maximum drawdown, EVLV dropped -84.50% vs RR's -96.67%.

Which has better risk-adjusted returns?

EVLV currently has the higher Sharpe Ratio (0.48 vs 0.21), 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.