INVA vs. COST
INVA (Innoviva, Inc.) and COST (Costco Wholesale Corporation) are both stocks. INVA operates in Biotechnology (Healthcare), while COST operates in Discount Stores (Consumer Defensive). Over the past 10 years, INVA returned 7.00%/yr vs 22.25%/yr for COST. At a 0.22 correlation, their price movements are largely independent.
Performance
INVA vs. COST - Performance Comparison
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Returns By Period
In the year-to-date period, INVA achieves a 11.71% return, which is significantly lower than COST's 13.35% return. Over the past 10 years, INVA has underperformed COST with an annualized return of 7.00%, while COST has yielded a comparatively higher 22.25% annualized return.
INVA
- 1D
- -0.84%
- 1M
- -2.45%
- YTD
- 11.71%
- 6M
- 6.33%
- 1Y
- 3.48%
- 3Y*
- 18.85%
- 5Y*
- 12.47%
- 10Y*
- 7.00%
COST
- 1D
- 0.30%
- 1M
- -3.37%
- YTD
- 13.35%
- 6M
- 10.14%
- 1Y
- -3.42%
- 3Y*
- 25.18%
- 5Y*
- 22.05%
- 10Y*
- 22.25%
INVA vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INVA Innoviva, Inc. | 11.71% | 15.22% | 8.17% | 21.06% | -23.19% | 39.23% | -12.50% | -18.85% | 22.97% | 32.62% |
COST Costco Wholesale Corporation | 13.35% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 22.37% |
Correlation
The correlation between INVA and COST is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2004 | 0.22 |
Over the past year, the correlation between INVA and COST has dropped to 0.00 - well below their long-term average of 0.22, suggesting their price drivers have been diverging.
Fundamentals
INVA:
$5.94
COST:
$26.51
INVA:
3.76
COST:
36.77
INVA:
0.02
COST:
2.88
INVA:
4.47
COST:
1.11
INVA:
$424.12M
COST:
$293.59B
INVA:
$323.16M
COST:
$11.12B
INVA:
$438.91M
COST:
$12.48B
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Return for Risk
INVA vs. COST — Risk / Return Rank
INVA
COST
INVA vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innoviva, Inc. (INVA) and Costco Wholesale Corporation (COST). 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.
| INVA | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.98 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | -0.22 | +0.37 |
| Martin ratioReturn relative to average drawdown | 0.34 | -0.51 | +0.85 |
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
| INVA | COST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | -0.18 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.98 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 1.02 | -0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.59 | -0.53 |
Drawdowns
INVA vs. COST - Drawdown Comparison
The maximum INVA drawdown since its inception was -84.32%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for INVA and COST.
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Drawdown Indicators
| INVA | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.32% | -53.39% | -30.93% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -15.38% | -8.15% |
Max Drawdown (3Y)Largest decline over 3 years | -23.53% | -20.74% | -2.79% |
Max Drawdown (5Y)Largest decline over 5 years | -47.01% | -31.40% | -15.61% |
Max Drawdown (10Y)Largest decline over 10 years | -59.57% | -31.40% | -28.17% |
Current DrawdownCurrent decline from peak | -30.17% | -10.93% | -19.24% |
Average DrawdownAverage peak-to-trough decline | -44.65% | -13.36% | -31.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.21% | 7.15% | +3.06% |
Volatility
INVA vs. COST - Volatility Comparison
Innoviva, Inc. (INVA) and Costco Wholesale Corporation (COST) have volatilities of 7.62% and 7.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVA | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 7.71% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 14.53% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.81% | 18.79% | +10.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.28% | 22.71% | +4.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.89% | 21.95% | +11.94% |
Dividends
INVA vs. COST - Dividend Comparison
INVA has not paid dividends to shareholders, while COST's dividend yield for the trailing twelve months is around 0.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.55% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
INVA Innoviva, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 7.12% |
Financials
INVA vs. COST - Financials Comparison
This section allows you to compare key financial metrics between Innoviva, Inc. and Costco Wholesale Corporation. 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
INVA and COST have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COST has higher volatility (7.71%) compared to INVA (7.62%). In terms of maximum drawdown, INVA dropped -84.32% vs COST's -53.39%.
INVA currently has the higher Sharpe Ratio (0.12 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.
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