INVA vs. ITT
INVA (Innoviva, Inc.) and ITT (ITT Inc.) are both stocks. INVA operates in Biotechnology (Healthcare), while ITT operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, INVA returned 5.03%/yr vs 21.44%/yr for ITT. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
INVA vs. ITT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, INVA achieves a 4.90% return, which is significantly lower than ITT's 13.41% return. Over the past 10 years, INVA has underperformed ITT with an annualized return of 5.03%, while ITT has yielded a comparatively higher 21.44% annualized return.
INVA
- 1D
- -1.18%
- 1M
- -6.01%
- 6M
- 4.85%
- YTD
- 4.90%
- 1Y
- 12.56%
- 3Y*
- 16.22%
- 5Y*
- 8.14%
- 10Y*
- 5.03%
- ALL TIME*
- 1.79%
ITT
- 1D
- 1.54%
- 1M
- 4.91%
- 6M
- 7.94%
- YTD
- 13.41%
- 1Y
- 20.43%
- 3Y*
- 26.22%
- 5Y*
- 16.11%
- 10Y*
- 21.44%
- ALL TIME*
- 15.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
INVA Innoviva, Inc. | $12.98M | $16.47M | $18.69M |
ITT ITT Inc. | $166.16M | $175.87M | $173.92M |
INVA vs. ITT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INVA Innoviva, Inc. | 4.90% | 15.22% | 8.17% | 21.06% | -23.19% | 39.23% | -12.50% | -18.85% | 22.97% | 32.62% |
ITT ITT Inc. | 13.41% | 22.52% | 20.86% | 48.91% | -19.50% | 33.95% | 5.47% | 54.60% | -8.66% | 40.06% |
Correlation
The correlation between INVA and ITT is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2004 | 0.29 |
Over the past year, the correlation between INVA and ITT has dropped to 0.09 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
INVA:
$1.55B
ITT:
$17.52B
INVA:
$5.93
ITT:
$5.57
INVA:
3.54
ITT:
35.19
INVA:
0.02
ITT:
2.47
INVA:
4.20
ITT:
3.80
INVA:
1.23
ITT:
3.63
INVA:
$424.12M
ITT:
$4.24B
INVA:
$323.16M
ITT:
$1.50B
INVA:
$438.91M
ITT:
$793.20M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INVA vs. ITT — Risk / Return Rank
INVA
ITT
INVA vs. ITT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innoviva, Inc. (INVA) and ITT Inc. (ITT). 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.
| INVA | ITT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.12 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.76 | 0.98 | -0.21 |
| Martin ratioReturn relative to average drawdown | 1.78 | 2.05 | -0.27 |
Loading charts...
Drawdowns
INVA vs. ITT - Drawdown Comparison
The maximum INVA drawdown since its inception was -84.32%, which is greater than ITT's maximum drawdown of -54.67%. Use the drawdown chart below to compare losses from any high point for INVA and ITT.
Loading charts...
Drawdown Indicators
| INVA | ITT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.32% | -54.67% | -29.65% |
Max Drawdown (1Y)Largest decline over 1 year | -20.32% | -16.73% | -3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -23.53% | -29.09% | +5.56% |
Max Drawdown (5Y)Largest decline over 5 years | -47.01% | -37.97% | -9.04% |
Max Drawdown (10Y)Largest decline over 10 years | -59.57% | -49.52% | -10.05% |
Current DrawdownCurrent decline from peak | -34.43% | -11.42% | -23.01% |
Average DrawdownAverage peak-to-trough decline | -44.61% | -12.26% | -32.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.69% | 7.96% | +0.73% |
Volatility
INVA vs. ITT - Volatility Comparison
The current volatility for Innoviva, Inc. (INVA) is 6.96%, while ITT Inc. (ITT) has a volatility of 7.77%. This indicates that INVA experiences smaller price fluctuations and is considered to be less risky than ITT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INVA | ITT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 7.77% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 24.16% | -5.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.31% | 31.86% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.44% | 29.47% | -2.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.55% | 31.79% | +1.76% |
Dividends
INVA vs. ITT - Dividend Comparison
INVA has not paid dividends to shareholders, while ITT's dividend yield for the trailing twelve months is around 0.75%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ITT ITT Inc. | 0.75% | 0.81% | 0.89% | 0.97% | 1.30% | 0.86% | 0.88% | 0.80% | 1.11% | 0.96% | 1.29% | 1.30% |
Financials
INVA vs. ITT - Financials Comparison
This section allows you to compare key financial metrics between Innoviva, Inc. and ITT Inc.. 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 ITT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITT has higher volatility (7.77%) compared to INVA (6.96%). In terms of maximum drawdown, INVA dropped -84.32% vs ITT's -54.67%.
INVA currently has the higher Sharpe Ratio (0.53 vs 0.52), 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.
Find the right allocation for INVA and ITT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer