KTOS vs. AVAV
KTOS (Kratos Defense & Security Solutions, Inc.) and AVAV (AeroVironment, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, KTOS returned 26.65%/yr vs 18.22%/yr for AVAV. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
KTOS vs. AVAV - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with KTOS having a -38.61% return and AVAV slightly higher at -38.25%. Over the past 10 years, KTOS has outperformed AVAV with an annualized return of 26.65%, while AVAV has yielded a comparatively lower 18.22% annualized return.
KTOS
- 1D
- 0.93%
- 1M
- -15.81%
- 6M
- -54.76%
- YTD
- -38.61%
- 1Y
- -17.83%
- 3Y*
- 45.72%
- 5Y*
- 11.37%
- 10Y*
- 26.65%
- ALL TIME*
- -4.28%
AVAV
- 1D
- 1.91%
- 1M
- -21.75%
- 6M
- -46.35%
- YTD
- -38.25%
- 1Y
- -42.57%
- 3Y*
- 15.09%
- 5Y*
- 8.12%
- 10Y*
- 18.22%
- ALL TIME*
- 9.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $190.78M | $258.41M | $271.62M | |
| $144.82M | $177.61M | $257.63M |
KTOS vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KTOS Kratos Defense & Security Solutions, Inc. | -38.61% | 187.76% | 30.01% | 96.61% | -46.80% | -29.27% | 52.30% | 27.82% | 33.05% | 43.11% |
AVAV AeroVironment, Inc. | -38.25% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
Correlation
The correlation between KTOS and AVAV is 0.75, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.75 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.41 |
Over the past year, KTOS and AVAV have become more correlated (0.75) than their long-term average of 0.41, meaning their price movements have been converging.
Fundamentals
KTOS:
$8.74B
AVAV:
$7.56B
KTOS:
$0.17
AVAV:
-$5.41
KTOS:
5.77
AVAV:
5.17
KTOS:
2.45
AVAV:
1.71
KTOS:
$1.42B
AVAV:
$1.42B
KTOS:
$259.40M
AVAV:
$246.70M
KTOS:
$78.30M
AVAV:
-$6.04M
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Return for Risk
KTOS vs. AVAV — Risk / Return Rank
KTOS
AVAV
KTOS vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kratos Defense & Security Solutions, Inc. (KTOS) and AeroVironment, Inc. (AVAV). 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.
| KTOS | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.93 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | -0.67 | +0.35 |
| Martin ratioReturn relative to average drawdown | -0.55 | -1.08 | +0.53 |
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Drawdowns
KTOS vs. AVAV - Drawdown Comparison
The maximum KTOS drawdown since its inception was -99.81%, which is greater than AVAV's maximum drawdown of -66.65%. Use the drawdown chart below to compare losses from any high point for KTOS and AVAV.
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Drawdown Indicators
| KTOS | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.81% | -66.65% | -33.16% |
Max Drawdown (1Y)Largest decline over 1 year | -66.43% | -66.65% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -66.43% | -66.65% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -66.58% | -66.65% | +0.07% |
Max Drawdown (10Y)Largest decline over 10 years | -72.74% | -66.65% | -6.09% |
Current DrawdownCurrent decline from peak | -97.05% | -63.55% | -33.50% |
Average DrawdownAverage peak-to-trough decline | -95.93% | -28.94% | -66.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.39% | 40.94% | -3.55% |
Volatility
KTOS vs. AVAV - Volatility Comparison
The current volatility for Kratos Defense & Security Solutions, Inc. (KTOS) is 19.73%, while AeroVironment, Inc. (AVAV) has a volatility of 23.79%. This indicates that KTOS experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KTOS | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.73% | 23.79% | -4.06% |
Volatility (6M)Calculated over the trailing 6-month period | 54.32% | 59.10% | -4.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.54% | 74.38% | -2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.11% | 57.67% | -4.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.16% | 52.98% | -1.82% |
Dividends
KTOS vs. AVAV - Dividend Comparison
Neither KTOS nor AVAV has paid dividends to shareholders.
Financials
KTOS vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Kratos Defense & Security Solutions, Inc. and AeroVironment, 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
KTOS vs. AVAV - Profitability Comparison
KTOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.
AVAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AeroVironment, Inc. reported a gross profit of 0.00 and revenue of 80.12M. Therefore, the gross margin over that period was 0.0%.
KTOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.
AVAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AeroVironment, Inc. reported an operating income of 56.94M and revenue of 80.12M, resulting in an operating margin of 71.1%.
KTOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.
AVAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AeroVironment, Inc. reported a net income of -24.10M and revenue of 80.12M, resulting in a net margin of -30.1%.
Frequently Asked Questions
KTOS and AVAV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (23.79%) compared to KTOS (19.73%). In terms of maximum drawdown, KTOS dropped -99.81% vs AVAV's -66.65%.
KTOS currently has the higher Sharpe Ratio (-0.29 vs -0.60), 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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