POWW vs. DRS

Last updated Jun 3, 2026

POWW (AMMO, Inc.) and DRS (Leonardo DRS Inc. Common Stock) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, POWW returned 2.73%/yr vs 45.81%/yr for DRS. At a 0.19 correlation, their price movements are largely independent.

Performance

POWW vs. DRS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AMMO, Inc. (POWW) and Leonardo DRS Inc. Common Stock (DRS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POWW achieves a 20.47% return, which is significantly lower than DRS's 39.57% return.

POWW

• 1D: -1.90%
• 1M: 0.00%
• YTD: 20.47%
• 6M: 12.57%
• 1Y: 52.59%
• 3Y*: 2.73%
• 5Y*: -21.18%
• 10Y*: 44.75%

DRS

• 1D: -1.19%
• 1M: 18.64%
• YTD: 39.57%
• 6M: 43.40%
• 1Y: 8.86%
• 3Y*: 45.81%
• 5Y*: —
• 10Y*: —

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

POWW vs. DRS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
POWW AMMO, Inc.	20.47%	55.45%	-47.62%	21.39%	-17.22%
DRS Leonardo DRS Inc. Common Stock	39.57%	6.56%	61.23%	56.81%	16.29%

Correlation

The correlation between POWW and DRS is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Nov 30, 2022	0.19

The correlation between POWW and DRS shifts across timeframes, from 0.06 (1 year) to 0.21 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS POWW : -$0.68 DRS : $1.44
Total Revenue (TTM) POWW : -$4.92M DRS : $3.70B
Gross Profit (TTM) POWW : $50.58M DRS : $894.00M
EBITDA (TTM) POWW : $2.47M DRS : $433.00M

Return for Risk

POWW vs. DRS — Risk / Return Rank

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

POWW

POWW Risk / Return Rank: 69
POWW Sharpe Ratio Rank: 72
POWW Sortino Ratio Rank: 69
POWW Omega Ratio Rank: 65
POWW Calmar Ratio Rank: 67
POWW Martin Ratio Rank: 70

DRS

DRS Risk / Return Rank: 47
DRS Sharpe Ratio Rank: 48
DRS Sortino Ratio Rank: 44
DRS Omega Ratio Rank: 43
DRS Calmar Ratio Rank: 50
DRS Martin Ratio Rank: 49

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.

POWW vs. DRS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AMMO, Inc. (POWW) and Leonardo DRS Inc. Common Stock (DRS). 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.

	POWW	DRS	Difference
Sharpe ratio Return per unit of total volatility	1.06	0.22	+0.84
Sortino ratio Return per unit of downside risk	1.72	0.61	+1.11
Omega ratio Gain probability vs. loss probability	1.20	1.08	+0.12
Calmar ratio Return relative to maximum drawdown	1.46	0.40	+1.06
Martin ratio Return relative to average drawdown	3.81	0.81	+2.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POWW vs. DRS - Sharpe Ratio Comparison

The current POWW Sharpe Ratio is 1.06, which is higher than the DRS Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of POWW and DRS, 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

	POWW	DRS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.06	0.22	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.37	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	1.37	-1.35

Drawdowns

POWW vs. DRS - Drawdown Comparison

The maximum POWW drawdown since its inception was -90.01%, which is greater than DRS's maximum drawdown of -32.48%. Use the drawdown chart below to compare losses from any high point for POWW and DRS.

Drawdown Indicators

	POWW	DRS	Difference
Max Drawdown Largest peak-to-trough decline	-90.01%	-32.48%	-57.53%
Max Drawdown (1Y) Largest decline over 1 year	-28.76%	-32.48%	+3.72%
Max Drawdown (3Y) Largest decline over 3 years	-67.62%	-32.48%	-35.14%
Max Drawdown (5Y) Largest decline over 5 years	-90.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-90.01%	—	—
Current Drawdown Current decline from peak	-78.96%	-2.81%	-76.15%
Average Drawdown Average peak-to-trough decline	-58.43%	-7.24%	-51.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.05%	16.03%	-4.98%

Volatility

POWW vs. DRS - Volatility Comparison

The current volatility for AMMO, Inc. (POWW) is 8.81%, while Leonardo DRS Inc. Common Stock (DRS) has a volatility of 11.00%. This indicates that POWW experiences smaller price fluctuations and is considered to be less risky than DRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POWW	DRS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.81%	11.00%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	28.80%	30.59%	-1.79%
Volatility (1Y) Calculated over the trailing 1-year period	50.18%	39.78%	+10.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.66%	38.47%	+19.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2,520.87%	38.47%	+2,482.40%

Dividends

POWW vs. DRS - Dividend Comparison

POWW has not paid dividends to shareholders, while DRS's dividend yield for the trailing twelve months is around 0.76%.

Position	TTM	2025
DRS Leonardo DRS Inc. Common Stock	0.76%	1.06%
POWW AMMO, Inc.	0.00%	0.00%

Financials

POWW vs. DRS - Profitability Comparison

The chart below illustrates the profitability comparison between AMMO, Inc. and Leonardo DRS Inc. Common Stock over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

POWW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AMMO, Inc. reported a gross profit of 11.66M and revenue of 13.39M. Therefore, the gross margin over that period was 87.1%.

DRS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a gross profit of 212.00M and revenue of 846.00M. Therefore, the gross margin over that period was 25.1%.

POWW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AMMO, Inc. reported an operating income of 1.97M and revenue of 13.39M, resulting in an operating margin of 14.7%.

DRS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported an operating income of 77.00M and revenue of 846.00M, resulting in an operating margin of 9.1%.

POWW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AMMO, Inc. reported a net income of 1.46M and revenue of 13.39M, resulting in a net margin of 10.9%.

DRS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leonardo DRS Inc. Common Stock reported a net income of 62.00M and revenue of 846.00M, resulting in a net margin of 7.3%.

Frequently Asked Questions

Can I hold both POWW and DRS in my portfolio?

POWW and DRS have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POWW or DRS?

DRS has higher volatility (11.00%) compared to POWW (8.81%). In terms of maximum drawdown, POWW dropped -90.01% vs DRS's -32.48%.

Which has better risk-adjusted returns?

POWW currently has the higher Sharpe Ratio (1.06 vs 0.22), 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.