RNMBY vs. AVAV
RNMBY (Rheinmetall AG ADR) and AVAV (AeroVironment, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, RNMBY returned 38.75%/yr vs 18.47%/yr for AVAV. At a 0.21 correlation, their price movements are largely independent.
Performance
RNMBY vs. AVAV - Performance Comparison
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Returns By Period
In the year-to-date period, RNMBY achieves a -23.17% return, which is significantly higher than AVAV's -29.48% return. Over the past 10 years, RNMBY has outperformed AVAV with an annualized return of 38.75%, while AVAV has yielded a comparatively lower 18.47% annualized return.
RNMBY
- 1D
- -2.52%
- 1M
- 6.72%
- YTD
- -23.17%
- 6M
- -26.34%
- 1Y
- -32.17%
- 3Y*
- 74.63%
- 5Y*
- 70.20%
- 10Y*
- 38.75%
AVAV
- 1D
- -7.14%
- 1M
- 7.96%
- YTD
- -29.48%
- 6M
- -28.63%
- 1Y
- -12.57%
- 3Y*
- 20.96%
- 5Y*
- 8.68%
- 10Y*
- 18.47%
RNMBY vs. AVAV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RNMBY Rheinmetall AG ADR | -23.17% | 190.28% | 99.83% | 63.35% | 122.00% | -13.84% | -2.03% | 28.14% | -29.38% | 98.17% |
AVAV AeroVironment, Inc. | -29.48% | 57.18% | 22.10% | 47.14% | 38.09% | -28.62% | 40.75% | -9.14% | 20.99% | 109.32% |
Correlation
The correlation between RNMBY and AVAV is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2012 | 0.21 |
Over the past year, RNMBY and AVAV have become more correlated (0.42) than their long-term average of 0.21, meaning their price movements have been converging.
Fundamentals
RNMBY:
$64.85B
AVAV:
$8.32B
RNMBY:
€3.56
AVAV:
-$4.63
RNMBY:
5.07
AVAV:
6.94
RNMBY:
10.50
AVAV:
1.95
RNMBY:
€9.58B
AVAV:
$1.19B
RNMBY:
€4.12B
AVAV:
$104.63M
RNMBY:
€1.81B
AVAV:
-$242.06M
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Return for Risk
RNMBY vs. AVAV — Risk / Return Rank
RNMBY
AVAV
RNMBY vs. AVAV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rheinmetall AG ADR (RNMBY) and AeroVironment, Inc. (AVAV). 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.
| RNMBY | AVAV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.04 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | -0.17 | -0.53 |
| Martin ratioReturn relative to average drawdown | -1.50 | -0.30 | -1.20 |
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Drawdowns
RNMBY vs. AVAV - Drawdown Comparison
The maximum RNMBY drawdown since its inception was -67.75%, which is greater than AVAV's maximum drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for RNMBY and AVAV.
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Drawdown Indicators
| RNMBY | AVAV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.75% | -61.45% | -6.30% |
Max Drawdown (1Y)Largest decline over 1 year | -44.06% | -61.45% | +17.39% |
Max Drawdown (3Y)Largest decline over 3 years | -44.06% | -61.45% | +17.39% |
Max Drawdown (5Y)Largest decline over 5 years | -44.06% | -61.45% | +17.39% |
Max Drawdown (10Y)Largest decline over 10 years | -67.75% | -61.45% | -6.30% |
Current DrawdownCurrent decline from peak | -40.00% | -58.38% | +18.38% |
Average DrawdownAverage peak-to-trough decline | -16.73% | -28.71% | +11.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.36% | 34.44% | -14.08% |
Volatility
RNMBY vs. AVAV - Volatility Comparison
The current volatility for Rheinmetall AG ADR (RNMBY) is 12.05%, while AeroVironment, Inc. (AVAV) has a volatility of 26.86%. This indicates that RNMBY experiences smaller price fluctuations and is considered to be less risky than AVAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RNMBY | AVAV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.05% | 26.86% | -14.81% |
Volatility (6M)Calculated over the trailing 6-month period | 33.85% | 57.90% | -24.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.65% | 74.35% | -28.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.78% | 56.01% | -11.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.51% | 52.05% | -10.54% |
Dividends
RNMBY vs. AVAV - Dividend Comparison
RNMBY's dividend yield for the trailing twelve months is around 0.98%, while AVAV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVAV AeroVironment, 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% |
RNMBY Rheinmetall AG ADR | 0.98% | 0.49% | 0.96% | 1.46% | 1.82% | 1.72% | 1.56% | 1.36% | 1.47% | 2.06% | 2.97% | 0.53% |
Financials
RNMBY vs. AVAV - Financials Comparison
This section allows you to compare key financial metrics between Rheinmetall AG ADR and AeroVironment, Inc.. 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
RNMBY and AVAV have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVAV has higher volatility (26.86%) compared to RNMBY (12.05%). In terms of maximum drawdown, RNMBY dropped -67.75% vs AVAV's -61.45%.
AVAV currently has the higher Sharpe Ratio (-0.14 vs -0.67), 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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