OPEN vs. AEVA

Last updated Apr 2, 2026

Compare and contrast key facts about Opendoor Technologies Inc. (OPEN) and Aeva Technologies, Inc. (AEVA).

Performance

OPEN vs. AEVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Opendoor Technologies Inc. (OPEN) and Aeva Technologies, Inc. (AEVA). The values are adjusted to include any dividend payments, if applicable.

OPEN vs. AEVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OPEN Opendoor Technologies Inc.	-21.61%	276.52%	-64.29%	286.21%	-92.06%	-35.72%	110.39%
AEVA Aeva Technologies, Inc.	-0.60%	179.58%	25.38%	-44.29%	-82.01%	-48.01%	48.52%

Fundamentals

Market Cap OPEN : $3.50B AEVA : $752.70M
EPS OPEN : -$1.74 AEVA : -$2.60
PS Ratio OPEN : 0.78 AEVA : 40.87
PB Ratio OPEN : 3.49 AEVA : 56.96
Total Revenue (TTM) OPEN : $4.37B AEVA : $18.08M
Gross Profit (TTM) OPEN : $350.00M AEVA : -$660.00K
EBITDA (TTM) OPEN : -$287.00M AEVA : $28.17M

Returns By Period

In the year-to-date period, OPEN achieves a -21.61% return, which is significantly lower than AEVA's -0.60% return.

OPEN

• 1D: -2.35%
• 1M: -9.50%
• YTD: -21.61%
• 6M: -41.41%
• 1Y: 369.88%
• 3Y*: 38.96%
• 5Y*: -26.32%
• 10Y*: —

AEVA

• 1D: 0.30%
• 1M: -8.97%
• YTD: -0.60%
• 6M: -11.71%
• 1Y: 81.82%
• 3Y*: 30.42%
• 5Y*: -26.68%
• 10Y*: —

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

Return for Risk

OPEN vs. AEVA — Risk / Return Rank

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

OPEN

OPEN Risk / Return Rank: 92
OPEN Sharpe Ratio Rank: 92
OPEN Sortino Ratio Rank: 94
OPEN Omega Ratio Rank: 90
OPEN Calmar Ratio Rank: 96
OPEN Martin Ratio Rank: 89

AEVA

AEVA Risk / Return Rank: 65
AEVA Sharpe Ratio Rank: 65
AEVA Sortino Ratio Rank: 72
AEVA Omega Ratio Rank: 66
AEVA Calmar Ratio Rank: 65
AEVA Martin Ratio Rank: 58

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.

OPEN vs. AEVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Opendoor Technologies Inc. (OPEN) and Aeva Technologies, Inc. (AEVA). 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.

	OPEN	AEVA	Difference
Sharpe ratio Return per unit of total volatility	2.25	0.69	+1.56
Sortino ratio Return per unit of downside risk	3.45	1.73	+1.72
Omega ratio Gain probability vs. loss probability	1.40	1.20	+0.20
Calmar ratio Return relative to maximum drawdown	6.32	1.17	+5.15
Martin ratio Return relative to average drawdown	10.37	1.73	+8.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OPEN vs. AEVA - Sharpe Ratio Comparison

The current OPEN Sharpe Ratio is 2.25, which is higher than the AEVA Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of OPEN and AEVA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	OPEN	AEVA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	0.69	+1.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	-0.28	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	-0.22	+0.10

Correlation

The correlation between OPEN and AEVA is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

OPEN vs. AEVA - Dividend Comparison

Neither OPEN nor AEVA has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

OPEN vs. AEVA - Drawdown Comparison

The maximum OPEN drawdown since its inception was -98.57%, roughly equal to the maximum AEVA drawdown of -97.71%. Use the drawdown chart below to compare losses from any high point for OPEN and AEVA.

Drawdown Indicators

	OPEN	AEVA	Difference
Max Drawdown Largest peak-to-trough decline	-98.57%	-97.71%	-0.86%
Max Drawdown (1Y) Largest decline over 1 year	-57.47%	-75.68%	+18.21%
Max Drawdown (5Y) Largest decline over 5 years	-97.93%	-96.33%	-1.60%
Current Drawdown Current decline from peak	-86.84%	-86.80%	-0.04%
Average Drawdown Average peak-to-trough decline	-74.24%	-70.35%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.01%	51.31%	-16.30%

Volatility

OPEN vs. AEVA - Volatility Comparison

The current volatility for Opendoor Technologies Inc. (OPEN) is 21.48%, while Aeva Technologies, Inc. (AEVA) has a volatility of 30.66%. This indicates that OPEN experiences smaller price fluctuations and is considered to be less risky than AEVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPEN	AEVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.48%	30.66%	-9.18%
Volatility (6M) Calculated over the trailing 6-month period	64.20%	79.34%	-15.14%
Volatility (1Y) Calculated over the trailing 1-year period	165.61%	119.05%	+46.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.89%	95.62%	+18.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	111.57%	90.47%	+21.10%

Financials