HCSG vs. AVAV

Last updated Jun 3, 2026

HCSG (Healthcare Services Group, Inc.) and AVAV (AeroVironment, Inc.) are both stocks. HCSG operates in Medical Care Facilities (Healthcare), while AVAV operates in Aerospace & Defense (Industrials). Over the past 10 years, HCSG returned -4.63%/yr vs 21.32%/yr for AVAV. At a 0.30 correlation, their price movements are largely independent.

Performance

HCSG vs. AVAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Healthcare Services Group, Inc. (HCSG) and AeroVironment, Inc. (AVAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HCSG achieves a 5.86% return, which is significantly higher than AVAV's -15.52% return. Over the past 10 years, HCSG has underperformed AVAV with an annualized return of -4.63%, while AVAV has yielded a comparatively higher 21.32% annualized return.

HCSG

• 1D: 1.50%
• 1M: -4.98%
• YTD: 5.86%
• 6M: 7.43%
• 1Y: 44.67%
• 3Y*: 13.29%
• 5Y*: -6.60%
• 10Y*: -4.63%

AVAV

• 1D: 0.13%
• 1M: 10.48%
• YTD: -15.52%
• 6M: -22.87%
• 1Y: 13.27%
• 3Y*: 27.39%
• 5Y*: 13.31%
• 10Y*: 21.32%

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

HCSG vs. AVAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HCSG Healthcare Services Group, Inc.	5.86%	64.61%	12.01%	-13.58%	-28.66%	-34.56%	19.52%	-37.76%	-22.39%	36.77%
AVAV AeroVironment, Inc.	-15.52%	57.18%	22.10%	47.14%	38.09%	-28.62%	40.75%	-9.14%	20.99%	109.32%

Correlation

The correlation between HCSG and AVAV is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 24, 2007	0.31

Over the past year, the correlation between HCSG and AVAV has dropped to 0.02 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Fundamentals

Market Cap HCSG : $1.44B AVAV : $9.96B
EPS HCSG : $0.94 AVAV : -$4.63
PS Ratio HCSG : 0.79 AVAV : 8.31
PB Ratio HCSG : 2.35 AVAV : 2.33
Total Revenue (TTM) HCSG : $1.85B AVAV : $1.19B
Gross Profit (TTM) HCSG : $251.34M AVAV : $104.63M
EBITDA (TTM) HCSG : $88.48M AVAV : -$242.06M

Return for Risk

HCSG vs. AVAV — Risk / Return Rank

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

HCSG

HCSG Risk / Return Rank: 73
HCSG Sharpe Ratio Rank: 71
HCSG Sortino Ratio Rank: 72
HCSG Omega Ratio Rank: 70
HCSG Calmar Ratio Rank: 76
HCSG Martin Ratio Rank: 76

AVAV

AVAV Risk / Return Rank: 47
AVAV Sharpe Ratio Rank: 47
AVAV Sortino Ratio Rank: 48
AVAV Omega Ratio Rank: 48
AVAV Calmar Ratio Rank: 46
AVAV Martin Ratio Rank: 45

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.

HCSG vs. AVAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Healthcare Services Group, Inc. (HCSG) and AeroVironment, Inc. (AVAV). 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.

	HCSG	AVAV	Difference
Sharpe ratio Return per unit of total volatility	1.01	0.18	+0.82
Sortino ratio Return per unit of downside risk	1.88	0.81	+1.07
Omega ratio Gain probability vs. loss probability	1.23	1.10	+0.13
Calmar ratio Return relative to maximum drawdown	2.19	0.24	+1.95
Martin ratio Return relative to average drawdown	5.60	0.45	+5.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HCSG vs. AVAV - Sharpe Ratio Comparison

The current HCSG Sharpe Ratio is 1.01, which is higher than the AVAV Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of HCSG and AVAV, 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

	HCSG	AVAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	0.18	+0.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.24	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.11	0.41	-0.53
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.24	-0.04

Drawdowns

HCSG vs. AVAV - Drawdown Comparison

The maximum HCSG drawdown since its inception was -81.04%, which is greater than AVAV's maximum drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for HCSG and AVAV.

Drawdown Indicators

	HCSG	AVAV	Difference
Max Drawdown Largest peak-to-trough decline	-81.04%	-61.45%	-19.59%
Max Drawdown (1Y) Largest decline over 1 year	-19.88%	-61.45%	+41.57%
Max Drawdown (3Y) Largest decline over 3 years	-39.96%	-61.45%	+21.49%
Max Drawdown (5Y) Largest decline over 5 years	-70.47%	-61.45%	-9.02%
Max Drawdown (10Y) Largest decline over 10 years	-81.04%	-61.45%	-19.59%
Current Drawdown Current decline from peak	-57.21%	-50.14%	-7.07%
Average Drawdown Average peak-to-trough decline	-31.99%	-28.54%	-3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.78%	33.01%	-25.23%

Volatility

HCSG vs. AVAV - Volatility Comparison

The current volatility for Healthcare Services Group, Inc. (HCSG) is 9.43%, while AeroVironment, Inc. (AVAV) has a volatility of 23.37%. This indicates that HCSG experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCSG	AVAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.43%	23.37%	-13.94%
Volatility (6M) Calculated over the trailing 6-month period	33.04%	58.11%	-25.07%
Volatility (1Y) Calculated over the trailing 1-year period	44.67%	72.66%	-27.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.06%	55.56%	-13.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.50%	51.82%	-11.32%

Dividends

HCSG vs. AVAV - Dividend Comparison

Neither HCSG nor AVAV has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVAV AeroVironment, 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%
HCSG Healthcare Services Group, Inc.	0.00%	0.00%	0.00%	0.00%	7.10%	4.68%	2.89%	3.26%	1.92%	1.43%	1.87%	2.04%

Financials

Frequently Asked Questions

Can I hold both HCSG and AVAV in my portfolio?

HCSG and AVAV have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HCSG or AVAV?

AVAV has higher volatility (23.37%) compared to HCSG (9.43%). In terms of maximum drawdown, HCSG dropped -81.04% vs AVAV's -61.45%.

Which has better risk-adjusted returns?

HCSG currently has the higher Sharpe Ratio (1.01 vs 0.18), 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.