INVX vs. ARIS
INVX (Innovex International, Inc) and ARIS (Aris Water Solutions, Inc.) are both stocks. INVX operates in Oil & Gas Equipment & Services (Energy), while ARIS operates in Utilities - Regulated Water (Utilities). Over the past 3 years, INVX returned 1.17%/yr vs 76.24%/yr for ARIS. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
INVX vs. ARIS - Performance Comparison
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Returns By Period
In the year-to-date period, INVX achieves a 28.40% return, which is significantly higher than ARIS's -17.68% return.
INVX
- 1D
- 5.72%
- 1M
- 15.65%
- 6M
- 13.00%
- YTD
- 28.40%
- 1Y
- 71.01%
- 3Y*
- 1.17%
- 5Y*
- -0.35%
- 10Y*
- -6.21%
- ALL TIME*
- 1.97%
ARIS
- 1D
- -6.25%
- 1M
- -8.62%
- 6M
- -22.05%
- YTD
- -17.68%
- 1Y
- 92.23%
- 3Y*
- 76.24%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 28.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $19.88M | $21.50M | $22.93M | |
| $9.73M | $8.69M | $11.48M |
INVX vs. ARIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
INVX Innovex International, Inc | 28.40% | 56.55% | -39.97% | -14.35% | 38.06% | -21.03% |
ARIS Aris Water Solutions, Inc. | -17.68% | 363.71% | 6.54% | 31.93% | -39.60% | 1.33% |
Correlation
The correlation between INVX and ARIS is 0.08, 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. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021 | 0.16 |
Fundamentals
INVX:
$1.96B
ARIS:
$2.76B
INVX:
$0.75
ARIS:
$1.37
INVX:
37.51
ARIS:
9.75
INVX:
0.11
ARIS:
0.19
INVX:
1.99
ARIS:
2.18
INVX:
1.88
ARIS:
1.59
INVX:
$976.87M
ARIS:
$1.26B
INVX:
$280.46M
ARIS:
$677.96M
INVX:
$157.28M
ARIS:
$584.28M
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Return for Risk
INVX vs. ARIS — Risk / Return Rank
INVX
ARIS
INVX vs. ARIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovex International, Inc (INVX) and Aris Water Solutions, Inc. (ARIS). 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.
| INVX | ARIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 2.91 | +0.07 |
| Martin ratioReturn relative to average drawdown | 7.70 | 7.16 | +0.54 |
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Drawdowns
INVX vs. ARIS - Drawdown Comparison
The maximum INVX drawdown since its inception was -89.50%, which is greater than ARIS's maximum drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for INVX and ARIS.
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Drawdown Indicators
| INVX | ARIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.50% | -57.98% | -31.52% |
Max Drawdown (1Y)Largest decline over 1 year | -23.96% | -38.29% | +14.33% |
Max Drawdown (3Y)Largest decline over 3 years | -58.93% | -38.29% | -20.64% |
Max Drawdown (5Y)Largest decline over 5 years | -68.88% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -81.31% | — | — |
Current DrawdownCurrent decline from peak | -76.48% | -38.29% | -38.19% |
Average DrawdownAverage peak-to-trough decline | -45.55% | -22.90% | -22.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.25% | 14.58% | -5.33% |
Volatility
INVX vs. ARIS - Volatility Comparison
The current volatility for Innovex International, Inc (INVX) is 10.31%, while Aris Water Solutions, Inc. (ARIS) has a volatility of 19.50%. This indicates that INVX experiences smaller price fluctuations and is considered to be less risky than ARIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INVX | ARIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.31% | 19.50% | -9.19% |
Volatility (6M)Calculated over the trailing 6-month period | 30.58% | 47.43% | -16.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.54% | 62.04% | -20.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.17% | 53.44% | -7.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.67% | 53.44% | -6.77% |
Dividends
INVX vs. ARIS - Dividend Comparison
Neither INVX nor ARIS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ARIS Aris Water Solutions, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 3.84% | 0.85% |
INVX Innovex International, Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
INVX vs. ARIS - Financials Comparison
This section allows you to compare key financial metrics between Innovex International, Inc and Aris Water Solutions, 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
INVX vs. ARIS - Profitability Comparison
INVX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Innovex International, Inc reported a gross profit of 84.51M and revenue of 239.03M. Therefore, the gross margin over that period was 35.4%.
ARIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Aris Water Solutions, Inc. reported a gross profit of 162.57M and revenue of 321.84M. Therefore, the gross margin over that period was 50.5%.
INVX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Innovex International, Inc reported an operating income of -21.83M and revenue of 239.03M, resulting in an operating margin of -9.1%.
ARIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Aris Water Solutions, Inc. reported an operating income of 157.69M and revenue of 321.84M, resulting in an operating margin of 49.0%.
INVX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Innovex International, Inc reported a net income of -16.67M and revenue of 239.03M, resulting in a net margin of -7.0%.
ARIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Aris Water Solutions, Inc. reported a net income of 91.85M and revenue of 321.84M, resulting in a net margin of 28.5%.
Frequently Asked Questions
INVX and ARIS have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARIS has higher volatility (19.50%) compared to INVX (10.31%). In terms of maximum drawdown, INVX dropped -89.50% vs ARIS's -57.98%.
ARIS currently has the higher Sharpe Ratio (1.80 vs 1.73), 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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