REED vs. ANDE

Last updated Jun 23, 2026

REED (Reed's, Inc.) and ANDE (The Andersons, Inc.) are both stocks. Both are in the Consumer Defensive sector — REED in Beverages - Non-Alcoholic, ANDE in Food Distribution. Over the past 10 years, REED returned -47.13%/yr vs 9.88%/yr for ANDE. At a 0.09 correlation, their price movements are largely independent.

Performance

REED vs. ANDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Reed's, Inc. (REED) and The Andersons, Inc. (ANDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, REED achieves a -38.81% return, which is significantly lower than ANDE's 34.15% return. Over the past 10 years, REED has underperformed ANDE with an annualized return of -47.13%, while ANDE has yielded a comparatively higher 9.88% annualized return.

REED

• 1D: -4.81%
• 1M: -19.18%
• YTD: -38.81%
• 6M: -55.23%
• 1Y: -77.80%
• 3Y*: -56.21%
• 5Y*: -66.85%
• 10Y*: -47.13%

ANDE

• 1D: -0.51%
• 1M: 0.01%
• YTD: 34.15%
• 6M: 30.40%
• 1Y: 95.81%
• 3Y*: 18.01%
• 5Y*: 20.61%
• 10Y*: 9.88%

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

REED vs. ANDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
REED Reed's, Inc.	-38.81%	-44.01%	-60.93%	-54.15%	-80.54%	-39.31%	-35.05%	-56.04%	33.55%	-62.20%
ANDE The Andersons, Inc.	34.15%	33.82%	-28.80%	67.00%	-7.77%	61.48%	0.81%	-13.20%	-2.10%	-29.00%

Correlation

The correlation between REED and ANDE is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.03
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since May 1, 2007	0.09

Fundamentals

EPS REED : -$0.59 ANDE : $5.02
PS Ratio REED : 1.84 ANDE : 0.17
Total Revenue (TTM) REED : $24.04M ANDE : $10.98B
Gross Profit (TTM) REED : $3.56M ANDE : $754.24M
EBITDA (TTM) REED : -$12.84M ANDE : $272.26M

Return for Risk

REED vs. ANDE — Risk / Return Rank

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

REED

REED Risk / Return Rank: 14
REED Sharpe Ratio Rank: 17
REED Sortino Ratio Rank: 19
REED Omega Ratio Rank: 18
REED Calmar Ratio Rank: 8
REED Martin Ratio Rank: 11

ANDE

ANDE Risk / Return Rank: 94
ANDE Sharpe Ratio Rank: 94
ANDE Sortino Ratio Rank: 91
ANDE Omega Ratio Rank: 92
ANDE Calmar Ratio Rank: 95
ANDE Martin Ratio Rank: 96

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.

REED vs. ANDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Reed's, Inc. (REED) and The Andersons, Inc. (ANDE). 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.

	REED	ANDE	Difference
Sharpe ratio: Return per unit of total volatility	-0.57	2.82	-3.40
Sortino ratio: Return per unit of downside risk	-0.55	3.23	-3.79
Omega ratio: Gain probability vs. loss probability	0.92	1.46	-0.54
Calmar ratio: Return relative to maximum drawdown	-0.87	6.84	-7.71
Martin ratio: Return relative to average drawdown	-1.33	19.43	-20.76

REED vs. ANDE - Sharpe Ratio Comparison

The current REED Sharpe Ratio is -0.57, which is lower than the ANDE Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of REED and ANDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

REED vs. ANDE - Drawdown Comparison

The maximum REED drawdown since its inception was -99.96%, which is greater than ANDE's maximum drawdown of -81.75%. Use the drawdown chart below to compare losses from any high point for REED and ANDE.

Drawdown Indicators

	REED	ANDE	Difference
Max Drawdown Largest peak-to-trough decline	-99.96%	-81.75%	-18.21%
Max Drawdown (1Y) Largest decline over 1 year	-89.29%	-14.09%	-75.20%
Max Drawdown (3Y) Largest decline over 3 years	-94.29%	-46.94%	-47.35%
Max Drawdown (5Y) Largest decline over 5 years	-99.61%	-48.82%	-50.79%
Max Drawdown (10Y) Largest decline over 10 years	-99.91%	-72.72%	-27.19%
Current Drawdown Current decline from peak	-99.96%	-10.78%	-89.18%
Average Drawdown Average peak-to-trough decline	-75.69%	-32.29%	-43.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.64%	4.95%	+53.69%

Volatility

REED vs. ANDE - Volatility Comparison

Reed's, Inc. (REED) has a higher volatility of 24.92% compared to The Andersons, Inc. (ANDE) at 8.87%. This indicates that REED's price experiences larger fluctuations and is considered to be riskier than ANDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REED	ANDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.92%	8.87%	+16.05%
Volatility (6M) Calculated over the trailing 6-month period	84.20%	25.13%	+59.07%
Volatility (1Y) Calculated over the trailing 1-year period	136.16%	34.18%	+101.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.88%	38.88%	+68.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.09%	41.55%	+54.54%

Dividends

REED vs. ANDE - Dividend Comparison

REED has not paid dividends to shareholders, while ANDE's dividend yield for the trailing twelve months is around 1.11%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANDE The Andersons, Inc.	1.11%	1.47%	1.41%	1.29%	2.07%	1.82%	2.86%	2.71%	2.22%	2.07%	1.40%	1.82%
REED Reed's, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both REED and ANDE in my portfolio?

REED and ANDE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, REED or ANDE?

REED has higher volatility (24.92%) compared to ANDE (8.87%). In terms of maximum drawdown, REED dropped -99.96% vs ANDE's -81.75%.

Which has better risk-adjusted returns?

ANDE currently has the higher Sharpe Ratio (2.82 vs -0.57), 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.