LUNA vs. RDW
LUNA (Luna Innovations Incorporated) and RDW (Redwire Corporation) are both stocks. LUNA operates in Scientific & Technical Instruments (Technology), while RDW operates in Aerospace & Defense (Industrials). Over the past 3 years, LUNA returned -47.39%/yr vs 67.72%/yr for RDW. At a 0.13 correlation, their price movements are largely independent.
Performance
LUNA vs. RDW - Performance Comparison
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Returns By Period
In the year-to-date period, LUNA achieves a 13.04% return, which is significantly lower than RDW's 60.79% return.
LUNA
- 1D
- 0.00%
- 1M
- 19.27%
- YTD
- 13.04%
- 6M
- -7.14%
- 1Y
- 73.33%
- 3Y*
- -47.39%
- 5Y*
- -34.95%
- 10Y*
- 0.39%
RDW
- 1D
- -6.14%
- 1M
- -30.13%
- YTD
- 60.79%
- 6M
- 52.56%
- 1Y
- -20.44%
- 3Y*
- 67.72%
- 5Y*
- —
- 10Y*
- —
LUNA vs. RDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LUNA Luna Innovations Incorporated | 13.04% | -46.76% | -67.52% | -24.35% | 4.15% | -22.57% |
RDW Redwire Corporation | 60.79% | -53.83% | 477.54% | 43.94% | -70.67% | -34.15% |
Correlation
The correlation between LUNA and RDW is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 2, 2021 | 0.13 |
The correlation between LUNA and RDW shifts across timeframes, from 0.01 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LUNA:
$116.61M
RDW:
$370.96M
LUNA:
$68.80M
RDW:
$34.05M
LUNA:
$7.02M
RDW:
-$221.85M
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Return for Risk
LUNA vs. RDW — Risk / Return Rank
LUNA
RDW
LUNA vs. RDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Luna Innovations Incorporated (LUNA) and Redwire Corporation (RDW). 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.
| LUNA | RDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.07 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.47 | -0.28 | +1.74 |
| Martin ratioReturn relative to average drawdown | 3.07 | -0.41 | +3.48 |
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Drawdowns
LUNA vs. RDW - Drawdown Comparison
The maximum LUNA drawdown since its inception was -97.65%, which is greater than RDW's maximum drawdown of -87.26%. Use the drawdown chart below to compare losses from any high point for LUNA and RDW.
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Drawdown Indicators
| LUNA | RDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.65% | -87.26% | -10.39% |
Max Drawdown (1Y)Largest decline over 1 year | -50.29% | -73.93% | +23.64% |
Max Drawdown (3Y)Largest decline over 3 years | -96.79% | -80.28% | -16.51% |
Max Drawdown (5Y)Largest decline over 5 years | -97.65% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -97.65% | — | — |
Current DrawdownCurrent decline from peak | -89.84% | -52.82% | -37.02% |
Average DrawdownAverage peak-to-trough decline | -65.27% | -59.24% | -6.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.99% | 49.80% | -25.81% |
Volatility
LUNA vs. RDW - Volatility Comparison
The current volatility for Luna Innovations Incorporated (LUNA) is 29.24%, while Redwire Corporation (RDW) has a volatility of 51.96%. This indicates that LUNA experiences smaller price fluctuations and is considered to be less risky than RDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LUNA | RDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.24% | 51.96% | -22.72% |
Volatility (6M)Calculated over the trailing 6-month period | 69.51% | 95.10% | -25.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 134.37% | 117.77% | +16.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 109.31% | 96.87% | +12.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.44% | 96.87% | -10.43% |
Dividends
LUNA vs. RDW - Dividend Comparison
Neither LUNA nor RDW has paid dividends to shareholders.
Financials
LUNA vs. RDW - Financials Comparison
This section allows you to compare key financial metrics between Luna Innovations Incorporated and Redwire Corporation. 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
LUNA and RDW have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDW has higher volatility (51.96%) compared to LUNA (29.24%). In terms of maximum drawdown, LUNA dropped -97.65% vs RDW's -87.26%.
LUNA currently has the higher Sharpe Ratio (0.55 vs -0.17), 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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