FWDI vs. DFDV
FWDI (Forward Industries, Inc) and DFDV (DeFi Development Corp) are both stocks. FWDI operates in Footwear & Accessories (Consumer Cyclical), while DFDV operates in Software - Infrastructure (Technology). Over the past 3 years, FWDI returned -22.95%/yr vs 7.93%/yr for DFDV. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
FWDI vs. DFDV - Performance Comparison
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Returns By Period
In the year-to-date period, FWDI achieves a -39.03% return, which is significantly higher than DFDV's -49.31% return.
FWDI
- 1D
- -2.07%
- 1M
- -16.22%
- 6M
- -37.90%
- YTD
- -39.03%
- 1Y
- -66.80%
- 3Y*
- -22.95%
- 5Y*
- -31.23%
- 10Y*
- -12.32%
- ALL TIME*
- -5.02%
DFDV
- 1D
- -3.76%
- 1M
- -22.42%
- 6M
- -50.48%
- YTD
- -49.31%
- 1Y
- -79.96%
- 3Y*
- 7.93%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -14.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.68M | $1.99M | $2.99M | |
| $3.72M | $4.44M | $5.53M |
FWDI vs. DFDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWDI Forward Industries, Inc | -39.03% | 33.54% | -32.14% | -17.11% |
DFDV DeFi Development Corp | -49.31% | 700.93% | -41.08% | -74.25% |
Correlation
The correlation between FWDI and DFDV is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.23 |
Over the past year, FWDI and DFDV have become more correlated (0.58) than their long-term average of 0.23, meaning their price movements have been converging.
Fundamentals
FWDI:
$297.23M
DFDV:
$77.10M
FWDI:
-$15.44
DFDV:
-$6.16
FWDI:
6.30
DFDV:
4.72
FWDI:
0.69
DFDV:
6.59
FWDI:
$42.85M
DFDV:
$13.76M
FWDI:
$29.79M
DFDV:
$13.42M
FWDI:
-$439.96M
DFDV:
-$117.94M
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Return for Risk
FWDI vs. DFDV — Risk / Return Rank
FWDI
DFDV
FWDI vs. DFDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Forward Industries, Inc (FWDI) and DeFi Development Corp (DFDV). 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.
| FWDI | DFDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.87 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.93 | +0.20 |
| Martin ratioReturn relative to average drawdown | -0.89 | -1.23 | +0.34 |
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Drawdowns
FWDI vs. DFDV - Drawdown Comparison
The maximum FWDI drawdown since its inception was -98.85%, which is greater than DFDV's maximum drawdown of -93.61%. Use the drawdown chart below to compare losses from any high point for FWDI and DFDV.
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Drawdown Indicators
| FWDI | DFDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.85% | -93.61% | -5.24% |
Max Drawdown (1Y)Largest decline over 1 year | -90.92% | -86.56% | -4.36% |
Max Drawdown (3Y)Largest decline over 3 years | -90.92% | -93.61% | +2.69% |
Max Drawdown (5Y)Largest decline over 5 years | -90.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -93.24% | — | — |
Current DrawdownCurrent decline from peak | -98.60% | -93.37% | -5.23% |
Average DrawdownAverage peak-to-trough decline | -82.31% | -73.70% | -8.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 75.16% | 65.40% | +9.76% |
Volatility
FWDI vs. DFDV - Volatility Comparison
Forward Industries, Inc (FWDI) has a higher volatility of 24.75% compared to DeFi Development Corp (DFDV) at 20.08%. This indicates that FWDI's price experiences larger fluctuations and is considered to be riskier than DFDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FWDI | DFDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.75% | 20.08% | +4.67% |
Volatility (6M)Calculated over the trailing 6-month period | 64.87% | 78.07% | -13.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 123.08% | 116.00% | +7.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 86.83% | 506.95% | -420.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.32% | 506.95% | -416.63% |
Dividends
FWDI vs. DFDV - Dividend Comparison
Neither FWDI nor DFDV has paid dividends to shareholders.
Financials
FWDI vs. DFDV - Financials Comparison
This section allows you to compare key financial metrics between Forward Industries, Inc and DeFi Development Corp. 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
Frequently Asked Questions
FWDI and DFDV have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWDI has higher volatility (24.75%) compared to DFDV (20.08%). In terms of maximum drawdown, FWDI dropped -98.85% vs DFDV's -93.61%.
FWDI currently has the higher Sharpe Ratio (-0.55 vs -0.69), 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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