INVA vs. SHW
INVA (Innoviva, Inc.) and SHW (The Sherwin-Williams Company) are both stocks. INVA operates in Biotechnology (Healthcare), while SHW operates in Specialty Chemicals (Basic Materials). Over the past 10 years, INVA returned 7.00%/yr vs 12.93%/yr for SHW. At a 0.25 correlation, their price movements are largely independent.
Performance
INVA vs. SHW - Performance Comparison
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Returns By Period
In the year-to-date period, INVA achieves a 11.71% return, which is significantly higher than SHW's -7.11% return. Over the past 10 years, INVA has underperformed SHW with an annualized return of 7.00%, while SHW has yielded a comparatively higher 12.93% 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%
SHW
- 1D
- -1.88%
- 1M
- -5.21%
- YTD
- -7.11%
- 6M
- -7.99%
- 1Y
- -15.42%
- 3Y*
- 8.51%
- 5Y*
- 2.50%
- 10Y*
- 12.93%
INVA vs. SHW - 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% |
SHW The Sherwin-Williams Company | -7.11% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
Correlation
The correlation between INVA and SHW is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2004 | 0.25 |
The correlation between INVA and SHW shifts across timeframes, from 0.13 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
Fundamentals
INVA:
$1.89B
SHW:
$74.32B
INVA:
$5.94
SHW:
$10.42
INVA:
3.76
SHW:
28.75
INVA:
0.02
SHW:
2.80
INVA:
4.47
SHW:
3.12
INVA:
1.31
SHW:
16.77
INVA:
$424.12M
SHW:
$23.94B
INVA:
$323.16M
SHW:
$11.76B
INVA:
$438.91M
SHW:
$4.29B
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Return for Risk
INVA vs. SHW — Risk / Return Rank
INVA
SHW
INVA vs. SHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innoviva, Inc. (INVA) and The Sherwin-Williams Company (SHW). 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 | SHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.91 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | -0.72 | +0.87 |
| Martin ratioReturn relative to average drawdown | 0.34 | -1.52 | +1.86 |
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 | SHW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | -0.63 | +0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.10 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.49 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.54 | -0.49 |
Drawdowns
INVA vs. SHW - Drawdown Comparison
The maximum INVA drawdown since its inception was -84.32%, which is greater than SHW's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for INVA and SHW.
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Drawdown Indicators
| INVA | SHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.32% | -52.02% | -32.30% |
Max Drawdown (1Y)Largest decline over 1 year | -23.53% | -21.36% | -2.17% |
Max Drawdown (3Y)Largest decline over 3 years | -23.53% | -25.69% | +2.16% |
Max Drawdown (5Y)Largest decline over 5 years | -47.01% | -42.46% | -4.55% |
Max Drawdown (10Y)Largest decline over 10 years | -59.57% | -42.46% | -17.11% |
Current DrawdownCurrent decline from peak | -30.17% | -24.03% | -6.14% |
Average DrawdownAverage peak-to-trough decline | -44.65% | -11.63% | -33.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.21% | 10.16% | +0.05% |
Volatility
INVA vs. SHW - Volatility Comparison
Innoviva, Inc. (INVA) has a higher volatility of 7.62% compared to The Sherwin-Williams Company (SHW) at 6.99%. This indicates that INVA's price experiences larger fluctuations and is considered to be riskier than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVA | SHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.62% | 6.99% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 18.56% | -1.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.81% | 24.80% | +4.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.28% | 26.15% | +1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.89% | 26.53% | +7.36% |
Dividends
INVA vs. SHW - Dividend Comparison
INVA has not paid dividends to shareholders, while SHW's dividend yield for the trailing twelve months is around 1.06%.
| 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% |
SHW The Sherwin-Williams Company | 1.06% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Financials
INVA vs. SHW - Financials Comparison
This section allows you to compare key financial metrics between Innoviva, Inc. and The Sherwin-Williams Company. 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 SHW have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INVA has higher volatility (7.62%) compared to SHW (6.99%). In terms of maximum drawdown, INVA dropped -84.32% vs SHW's -52.02%.
INVA currently has the higher Sharpe Ratio (0.12 vs -0.63), 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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