ROIV vs. AIT

Last updated Aug 1, 2026

ROIV (Roivant Sciences Ltd.) and AIT (Applied Industrial Technologies, Inc.) are both stocks. ROIV operates in Biotechnology (Healthcare), while AIT operates in Industrial Distribution (Industrials). Over the past 3 years, ROIV returned 41.65%/yr vs 33.99%/yr for AIT. Their 0.25 correlation means their historical movements had little consistent relationship.

Performance

ROIV vs. AIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roivant Sciences Ltd. (ROIV) and Applied Industrial Technologies, Inc. (AIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ROIV achieves a 56.27% return, which is significantly higher than AIT's 34.91% return.

ROIV

• 1D: -1.77%
• 1M: -3.47%
• 6M: 56.85%
• YTD: 56.27%
• 1Y: 199.82%
• 3Y*: 41.65%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 30.14%

AIT

• 1D: 1.58%
• 1M: 4.34%
• 6M: 33.02%
• YTD: 34.91%
• 1Y: 31.59%
• 3Y*: 33.99%
• 5Y*: 32.17%
• 10Y*: 23.90%
• ALL TIME*: 14.31%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIT Applied Industrial Technologies, Inc.	$84.02M	$95.56M	$87.20M
ROIV Roivant Sciences Ltd.	$157.54M	$163.14M	$184.93M

ROIV vs. AIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ROIV Roivant Sciences Ltd.	56.27%	83.43%	5.34%	40.55%	-20.73%	6.11%
AIT Applied Industrial Technologies, Inc.	34.91%	8.01%	39.67%	38.35%	24.25%	14.31%

Correlation

The correlation between ROIV and AIT is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (3Y) Balances recent behavior with more history.	0.32
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021	0.25

Fundamentals

Market Cap ROIV : $24.50B AIT : $12.76B
EPS ROIV : -$0.43 AIT : $10.58
PS Ratio ROIV : 2.83K AIT : 2.72
PB Ratio ROIV : 4.45 AIT : 4.39
Total Revenue (TTM) ROIV : $8.26M AIT : $4.84B
Gross Profit (TTM) ROIV : $6.98M AIT : $1.47B
EBITDA (TTM) ROIV : -$316.38M AIT : $563.38M

Return for Risk

ROIV vs. AIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ROIV

ROIV Risk / Return Rank: 99
ROIV Sharpe Ratio Rank: 99
ROIV Sortino Ratio Rank: 99
ROIV Omega Ratio Rank: 98
ROIV Calmar Ratio Rank: 99
ROIV Martin Ratio Rank: 99

AIT

AIT Risk / Return Rank: 76
AIT Sharpe Ratio Rank: 77
AIT Sortino Ratio Rank: 71
AIT Omega Ratio Rank: 70
AIT Calmar Ratio Rank: 81
AIT Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ROIV vs. AIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roivant Sciences Ltd. (ROIV) and Applied Industrial Technologies, Inc. (AIT). 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.

	ROIV	AIT	Difference
Sharpe ratio: Return per unit of total volatility	4.72	1.06	+3.66
Sortino ratio: Return per unit of downside risk	6.15	1.54	+4.61
Omega ratio: Gain probability vs. loss probability	1.73	1.19	+0.53
Calmar ratio: Return relative to maximum drawdown	15.57	2.19	+13.38
Martin ratio: Return relative to average drawdown	43.68	5.18	+38.50

ROIV vs. AIT - Sharpe Ratio Comparison

The current ROIV Sharpe Ratio is 4.72, which is higher than the AIT Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of ROIV and AIT, 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

ROIV vs. AIT - Drawdown Comparison

The maximum ROIV drawdown since its inception was -79.22%, which is greater than AIT's maximum drawdown of -66.47%. Use the drawdown chart below to compare losses from any high point for ROIV and AIT.

Drawdown Indicators

	ROIV	AIT	Difference
Max Drawdown Largest peak-to-trough decline	-79.22%	-66.47%	-12.75%
Max Drawdown (1Y) Largest decline over 1 year	-12.84%	-12.86%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-36.47%	-26.42%	-10.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.29%	—
Current Drawdown Current decline from peak	-7.88%	-1.17%	-6.71%
Average Drawdown Average peak-to-trough decline	-26.80%	-17.99%	-8.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.57%	5.44%	-0.87%

Volatility

ROIV vs. AIT - Volatility Comparison

Roivant Sciences Ltd. (ROIV) has a higher volatility of 10.12% compared to Applied Industrial Technologies, Inc. (AIT) at 7.78%. This indicates that ROIV's price experiences larger fluctuations and is considered to be riskier than AIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ROIV	AIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.12%	7.78%	+2.34%
Volatility (6M) Calculated over the trailing 6-month period	34.15%	19.23%	+14.92%
Volatility (1Y) Calculated over the trailing 1-year period	42.36%	26.62%	+15.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.98%	30.43%	+29.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.98%	33.35%	+26.63%

Dividends

ROIV vs. AIT - Dividend Comparison

ROIV has not paid dividends to shareholders, while AIT's dividend yield for the trailing twelve months is around 0.56%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIT Applied Industrial Technologies, Inc.	0.56%	0.72%	0.62%	0.81%	1.08%	1.29%	1.64%	1.86%	2.22%	1.70%	1.89%	2.67%
ROIV Roivant Sciences Ltd.	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 ROIV and AIT in my portfolio?

ROIV and AIT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ROIV or AIT?

ROIV has higher volatility (10.12%) compared to AIT (7.78%). In terms of maximum drawdown, ROIV dropped -79.22% vs AIT's -66.47%.

Which has better risk-adjusted returns?

ROIV currently has the higher Sharpe Ratio (4.72 vs 1.06), 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.