LPTH vs. AVAV
LPTH (LightPath Technologies, Inc.) and AVAV (AeroVironment, Inc.) are both stocks. LPTH operates in Electronic Components (Technology), while AVAV operates in Aerospace & Defense (Industrials). Over the past 10 years, LPTH returned 19.71%/yr vs 18.71%/yr for AVAV. Their 0.12 correlation means their historical movements had little consistent relationship.
Performance
LPTH vs. AVAV - Performance Comparison
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Returns By Period
In the year-to-date period, LPTH achieves a 3.52% return, which is significantly higher than AVAV's -34.19% return. Over the past 10 years, LPTH has outperformed AVAV with an annualized return of 19.71%, while AVAV has yielded a comparatively lower 18.71% annualized return.
LPTH
- 1D
- 7.81%
- 1M
- -23.21%
- 6M
- 6.48%
- YTD
- 3.52%
- 1Y
- 277.70%
- 3Y*
- 83.82%
- 5Y*
- 37.44%
- 10Y*
- 19.71%
- ALL TIME*
- 3.04%
AVAV
- 1D
- 6.57%
- 1M
- -16.61%
- 6M
- -41.04%
- YTD
- -34.19%
- 1Y
- -38.79%
- 3Y*
- 18.11%
- 5Y*
- 9.51%
- 10Y*
- 18.71%
- ALL TIME*
- 9.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $187.08M | $227.81M | $269.96M | |
| $32.39M | $31.21M | $50.28M |
LPTH vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPTH LightPath Technologies, Inc. | 3.52% | 205.95% | 180.16% | 3.28% | -50.00% | -37.76% | 440.69% | -51.34% | -32.88% | 44.16% |
AVAV AeroVironment, Inc. | -34.19% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
Correlation
The correlation between LPTH and AVAV is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2007 | 0.12 |
Over the past year, LPTH and AVAV have become more correlated (0.39) than their long-term average of 0.12, meaning their price movements have been converging.
Fundamentals
LPTH:
$535.29M
AVAV:
$8.06B
LPTH:
-$82.72K
AVAV:
-$5.34
LPTH:
0.00
AVAV:
5.58
LPTH:
0.00
AVAV:
1.83
LPTH:
$19.15T
AVAV:
$1.42B
LPTH:
$6.96T
AVAV:
$246.70M
LPTH:
-$4.25T
AVAV:
-$6.04M
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Return for Risk
LPTH vs. AVAV — Risk / Return Rank
LPTH
AVAV
LPTH vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) 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.
| LPTH | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.83 | ||
| Sortino ratioReturn per unit of downside risk | +3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.95 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 5.80 | -0.58 | +6.38 |
| Martin ratioReturn relative to average drawdown | 13.33 | -0.94 | +14.28 |
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Drawdowns
LPTH vs. AVAV - Drawdown Comparison
The maximum LPTH drawdown since its inception was -99.65%, which is greater than AVAV's maximum drawdown of -66.65%. Use the drawdown chart below to compare losses from any high point for LPTH and AVAV.
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Drawdown Indicators
| LPTH | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -66.65% | -33.00% |
Max Drawdown (1Y)Largest decline over 1 year | -48.26% | -66.65% | +18.39% |
Max Drawdown (3Y)Largest decline over 3 years | -61.08% | -66.65% | +5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -64.66% | -66.65% | +1.99% |
Max Drawdown (10Y)Largest decline over 10 years | -86.28% | -66.65% | -19.63% |
Current DrawdownCurrent decline from peak | -82.88% | -61.16% | -21.72% |
Average DrawdownAverage peak-to-trough decline | -86.28% | -28.95% | -57.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.94% | 41.12% | -20.18% |
Volatility
LPTH vs. AVAV - Volatility Comparison
LightPath Technologies, Inc. (LPTH) has a higher volatility of 34.45% compared to AeroVironment, Inc. (AVAV) at 22.22%. This indicates that LPTH's price experiences larger fluctuations and is considered to be riskier 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
| LPTH | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.45% | 22.22% | +12.23% |
Volatility (6M)Calculated over the trailing 6-month period | 82.85% | 59.31% | +23.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 121.21% | 74.78% | +46.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.67% | 57.76% | +26.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.46% | 53.03% | +27.43% |
Dividends
LPTH vs. AVAV - Dividend Comparison
Neither LPTH nor AVAV has paid dividends to shareholders.
Financials
LPTH vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between LightPath Technologies, 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
LPTH vs. AVAV - Profitability Comparison
LPTH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, LightPath Technologies, Inc. reported a gross profit of 6.96T and revenue of 19.15T. Therefore, the gross margin over that period was 36.3%.
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%.
LPTH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, LightPath Technologies, Inc. reported an operating income of -4.25T and revenue of 19.15T, resulting in an operating margin of -22.2%.
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%.
LPTH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, LightPath Technologies, Inc. reported a net income of -4.11T and revenue of 19.15T, resulting in a net margin of -21.4%.
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
LPTH and AVAV have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (34.45%) compared to AVAV (22.22%). In terms of maximum drawdown, LPTH dropped -99.65% vs AVAV's -66.65%.
LPTH currently has the higher Sharpe Ratio (2.31 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.
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