HEI vs. DRS
HEI (HEICO Corporation) and DRS (Leonardo DRS Inc. Common Stock) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, HEI returned 25.63%/yr vs 42.71%/yr for DRS. At a 0.47 correlation, their price movements are largely independent.
Performance
HEI vs. DRS - Performance Comparison
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Returns By Period
In the year-to-date period, HEI achieves a 0.01% return, which is significantly lower than DRS's 37.10% return.
HEI
- 1D
- -2.39%
- 1M
- 10.59%
- YTD
- 0.01%
- 6M
- 2.87%
- 1Y
- 6.72%
- 3Y*
- 25.63%
- 5Y*
- 17.50%
- 10Y*
- 25.42%
DRS
- 1D
- 0.87%
- 1M
- 12.79%
- YTD
- 37.10%
- 6M
- 37.79%
- 1Y
- 5.81%
- 3Y*
- 42.71%
- 5Y*
- —
- 10Y*
- —
HEI vs. DRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HEI HEICO Corporation | 0.01% | 36.22% | 33.05% | 16.56% | -1.87% |
DRS Leonardo DRS Inc. Common Stock | 37.10% | 6.56% | 61.23% | 56.81% | 16.29% |
Correlation
The correlation between HEI and DRS is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2022 | 0.47 |
The correlation between HEI and DRS has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.
Fundamentals
HEI:
$5.60
DRS:
$1.44
HEI:
57.77
DRS:
32.36
HEI:
2.60
DRS:
1.92
HEI:
9.29
DRS:
2.54
HEI:
$4.91B
DRS:
$3.70B
HEI:
$943.00M
DRS:
$894.00M
HEI:
$1.12B
DRS:
$433.00M
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Return for Risk
HEI vs. DRS — Risk / Return Rank
HEI
DRS
HEI vs. DRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI) and Leonardo DRS Inc. Common Stock (DRS). 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.
| HEI | DRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.06 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | 0.18 | +0.07 |
| Martin ratioReturn relative to average drawdown | 0.60 | 0.36 | +0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HEI | DRS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | 0.15 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.34 | -0.83 |
Drawdowns
HEI vs. DRS - Drawdown Comparison
The maximum HEI drawdown since its inception was -75.50%, which is greater than DRS's maximum drawdown of -32.48%. Use the drawdown chart below to compare losses from any high point for HEI and DRS.
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Drawdown Indicators
| HEI | DRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.50% | -32.48% | -43.02% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -32.48% | +5.37% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -32.48% | +5.37% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.73% | — | — |
Current DrawdownCurrent decline from peak | -9.65% | -4.53% | -5.12% |
Average DrawdownAverage peak-to-trough decline | -19.96% | -7.23% | -12.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.14% | 16.05% | -4.91% |
Volatility
HEI vs. DRS - Volatility Comparison
HEICO Corporation (HEI) has a higher volatility of 13.61% compared to Leonardo DRS Inc. Common Stock (DRS) at 11.11%. This indicates that HEI's price experiences larger fluctuations and is considered to be riskier than DRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEI | DRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.61% | 11.11% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 27.21% | 30.76% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.79% | 39.89% | -7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.59% | 38.47% | -10.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.61% | 38.47% | -7.86% |
Dividends
HEI vs. DRS - Dividend Comparison
HEI's dividend yield for the trailing twelve months is around 0.07%, less than DRS's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRS Leonardo DRS Inc. Common Stock | 0.77% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HEI HEICO Corporation | 0.07% | 0.07% | 0.09% | 0.11% | 0.12% | 0.12% | 0.12% | 0.12% | 0.14% | 0.08% | 0.22% | 0.28% |
Financials
HEI vs. DRS - Financials Comparison
This section allows you to compare key financial metrics between HEICO Corporation and Leonardo DRS Inc. Common Stock. 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
HEI vs. DRS - Profitability Comparison
HEI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a gross profit of -454.96M and revenue of 1.38B. Therefore, the gross margin over that period was -33.1%.
DRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a gross profit of 212.00M and revenue of 846.00M. Therefore, the gross margin over that period was 25.1%.
HEI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported an operating income of 350.44M and revenue of 1.38B, resulting in an operating margin of 25.5%.
DRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported an operating income of 77.00M and revenue of 846.00M, resulting in an operating margin of 9.1%.
HEI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, HEICO Corporation reported a net income of 233.80M and revenue of 1.38B, resulting in a net margin of 17.0%.
DRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a net income of 62.00M and revenue of 846.00M, resulting in a net margin of 7.3%.
Frequently Asked Questions
HEI and DRS have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI has higher volatility (13.61%) compared to DRS (11.11%). In terms of maximum drawdown, HEI dropped -75.50% vs DRS's -32.48%.
HEI currently has the higher Sharpe Ratio (0.21 vs 0.15), 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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