NVST vs. BBAI

Last updated Jun 3, 2026

NVST (Envista Holdings Corporation) and BBAI (BigBear.ai Holdings, Inc.) are both stocks. NVST operates in Medical Instruments & Supplies (Healthcare), while BBAI operates in Information Technology Services (Technology). Over the past 3 years, NVST returned -11.38%/yr vs 36.26%/yr for BBAI. At a 0.18 correlation, their price movements are largely independent.

Performance

NVST vs. BBAI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Envista Holdings Corporation (NVST) and BigBear.ai Holdings, Inc. (BBAI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVST achieves a 5.67% return, which is significantly higher than BBAI's -5.37% return.

NVST

• 1D: -1.84%
• 1M: -12.88%
• YTD: 5.67%
• 6M: 13.68%
• 1Y: 26.74%
• 3Y*: -11.38%
• 5Y*: -11.42%
• 10Y*: —

BBAI

• 1D: -4.31%
• 1M: 23.43%
• YTD: -5.37%
• 6M: -11.74%
• 1Y: 29.37%
• 3Y*: 36.26%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NVST vs. BBAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NVST Envista Holdings Corporation	5.67%	12.55%	-19.83%	-28.54%	-25.28%	10.09%
BBAI BigBear.ai Holdings, Inc.	-5.37%	21.35%	107.94%	217.65%	-88.10%	-35.09%

Correlation

The correlation between NVST and BBAI is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (All Time) Calculated using the full available price history since Dec 20, 2021	0.18

Fundamentals

Market Cap NVST : $3.82B BBAI : $24.17B
EPS NVST : $0.40 BBAI : -$0.13
PS Ratio NVST : 1.37 BBAI : 91.16
PB Ratio NVST : 1.24 BBAI : 30.58
Total Revenue (TTM) NVST : $2.81B BBAI : $127.35M
Gross Profit (TTM) NVST : $1.55B BBAI : $32.81M
EBITDA (TTM) NVST : $342.00M BBAI : -$230.18M

Return for Risk

NVST vs. BBAI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVST

NVST Risk / Return Rank: 62
NVST Sharpe Ratio Rank: 63
NVST Sortino Ratio Rank: 61
NVST Omega Ratio Rank: 59
NVST Calmar Ratio Rank: 62
NVST Martin Ratio Rank: 64

BBAI

BBAI Risk / Return Rank: 52
BBAI Sharpe Ratio Rank: 51
BBAI Sortino Ratio Rank: 59
BBAI Omega Ratio Rank: 54
BBAI Calmar Ratio Rank: 49
BBAI Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVST vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envista Holdings Corporation (NVST) and BigBear.ai Holdings, Inc. (BBAI). 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.

	NVST	BBAI	Difference
Sharpe ratio Return per unit of total volatility	0.69	0.30	+0.39
Sortino ratio Return per unit of downside risk	1.34	1.27	+0.07
Omega ratio Gain probability vs. loss probability	1.17	1.13	+0.03
Calmar ratio Return relative to maximum drawdown	1.06	0.35	+0.71
Martin ratio Return relative to average drawdown	2.75	0.60	+2.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVST vs. BBAI - Sharpe Ratio Comparison

The current NVST Sharpe Ratio is 0.69, which is higher than the BBAI Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of NVST and BBAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NVST	BBAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.69	0.30	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	-0.07	-0.01

Drawdowns

NVST vs. BBAI - Drawdown Comparison

The maximum NVST drawdown since its inception was -71.00%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for NVST and BBAI.

Drawdown Indicators

	NVST	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-71.00%	-95.01%	+24.01%
Max Drawdown (1Y) Largest decline over 1 year	-24.19%	-65.88%	+41.69%
Max Drawdown (3Y) Largest decline over 3 years	-58.66%	-75.56%	+16.90%
Max Drawdown (5Y) Largest decline over 5 years	-71.00%	—	—
Current Drawdown Current decline from peak	-54.93%	-59.73%	+4.80%
Average Drawdown Average peak-to-trough decline	-34.97%	-70.89%	+35.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.30%	38.23%	-28.93%

Volatility

NVST vs. BBAI - Volatility Comparison

The current volatility for Envista Holdings Corporation (NVST) is 12.69%, while BigBear.ai Holdings, Inc. (BBAI) has a volatility of 20.75%. This indicates that NVST experiences smaller price fluctuations and is considered to be less risky than BBAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVST	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.69%	20.75%	-8.06%
Volatility (6M) Calculated over the trailing 6-month period	30.58%	57.00%	-26.42%
Volatility (1Y) Calculated over the trailing 1-year period	38.94%	97.63%	-58.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.08%	175.10%	-139.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.95%	175.10%	-135.15%

Dividends

NVST vs. BBAI - Dividend Comparison

Neither NVST nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NVST and BBAI in my portfolio?

NVST and BBAI have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVST or BBAI?

BBAI has higher volatility (20.75%) compared to NVST (12.69%). In terms of maximum drawdown, NVST dropped -71.00% vs BBAI's -95.01%.

Which has better risk-adjusted returns?

NVST currently has the higher Sharpe Ratio (0.69 vs 0.30), 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.