KOD vs. AVXL
KOD (Kodiak Sciences Inc.) and AVXL (Anavex Life Sciences Corp.) are both stocks. Both operate in the Biotechnology industry within the Healthcare sector. Over the past 5 years, KOD returned -15.89%/yr vs -36.48%/yr for AVXL. At a 0.37 correlation, their price movements are largely independent.
Performance
KOD vs. AVXL - Performance Comparison
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Returns By Period
In the year-to-date period, KOD achieves a 32.51% return, which is significantly higher than AVXL's -27.53% return.
KOD
- 1D
- 1.15%
- 1M
- 2.26%
- YTD
- 32.51%
- 6M
- 34.97%
- 1Y
- 920.66%
- 3Y*
- 72.33%
- 5Y*
- -15.89%
- 10Y*
- —
AVXL
- 1D
- 1.57%
- 1M
- -4.27%
- YTD
- -27.53%
- 6M
- -30.83%
- 1Y
- -72.26%
- 3Y*
- -31.87%
- 5Y*
- -36.48%
- 10Y*
- -5.52%
KOD vs. AVXL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KOD Kodiak Sciences Inc. | 32.51% | 181.01% | 227.30% | -57.54% | -91.55% | -42.29% | 104.18% | 913.38% | -29.00% |
AVXL Anavex Life Sciences Corp. | -27.53% | -66.85% | 15.36% | 0.54% | -46.60% | 221.11% | 108.49% | 66.03% | -41.57% |
Correlation
The correlation between KOD and AVXL is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | 0.37 |
The correlation between KOD and AVXL shifts across timeframes, from 0.26 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KOD:
-$4.11
AVXL:
-$0.46
KOD:
$0.00
AVXL:
$0.00
KOD:
-$26.49M
AVXL:
$0.00
KOD:
-$190.85M
AVXL:
-$28.87M
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Return for Risk
KOD vs. AVXL — Risk / Return Rank
KOD
AVXL
KOD vs. AVXL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kodiak Sciences Inc. (KOD) and Anavex Life Sciences Corp. (AVXL). 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.
| KOD | AVXL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.66 | ||
| Sortino ratioReturn per unit of downside risk | +6.81 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 0.82 | +0.82 |
| Calmar ratioReturn relative to maximum drawdown | 25.67 | -0.89 | +26.55 |
| Martin ratioReturn relative to average drawdown | 60.88 | -1.23 | +62.11 |
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Drawdowns
KOD vs. AVXL - Drawdown Comparison
The maximum KOD drawdown since its inception was -99.15%, roughly equal to the maximum AVXL drawdown of -97.06%. Use the drawdown chart below to compare losses from any high point for KOD and AVXL.
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Drawdown Indicators
| KOD | AVXL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.15% | -97.06% | -2.09% |
Max Drawdown (1Y)Largest decline over 1 year | -36.24% | -81.66% | +45.42% |
Max Drawdown (3Y)Largest decline over 3 years | -81.31% | -81.72% | +0.41% |
Max Drawdown (5Y)Largest decline over 5 years | -98.91% | -91.48% | -7.43% |
Max Drawdown (10Y)Largest decline over 10 years | — | -91.48% | — |
Current DrawdownCurrent decline from peak | -77.47% | -91.06% | +13.59% |
Average DrawdownAverage peak-to-trough decline | -64.01% | -65.15% | +1.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.25% | 58.81% | -43.56% |
Volatility
KOD vs. AVXL - Volatility Comparison
Kodiak Sciences Inc. (KOD) has a higher volatility of 21.11% compared to Anavex Life Sciences Corp. (AVXL) at 19.81%. This indicates that KOD's price experiences larger fluctuations and is considered to be riskier than AVXL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KOD | AVXL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.11% | 19.81% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 78.25% | 61.46% | +16.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 135.98% | 88.21% | +47.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 109.21% | 80.65% | +28.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 104.03% | 85.34% | +18.69% |
Dividends
KOD vs. AVXL - Dividend Comparison
Neither KOD nor AVXL has paid dividends to shareholders.
Financials
KOD vs. AVXL - Financials Comparison
This section allows you to compare key financial metrics between Kodiak Sciences Inc. and Anavex Life Sciences Corp.. 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
KOD and AVXL have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KOD has higher volatility (21.11%) compared to AVXL (19.81%). In terms of maximum drawdown, KOD dropped -99.15% vs AVXL's -97.06%.
KOD currently has the higher Sharpe Ratio (6.84 vs -0.82), 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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