SPXC vs. DRS
SPXC (SPX Corporation) and DRS (Leonardo DRS Inc. Common Stock) are both stocks. Both are in the Industrials sector — SPXC in Specialty Industrial Machinery, DRS in Aerospace & Defense. Over the past 3 years, SPXC returned 39.57%/yr vs 42.71%/yr for DRS. At a 0.37 correlation, their price movements are largely independent.
Performance
SPXC vs. DRS - Performance Comparison
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Returns By Period
In the year-to-date period, SPXC achieves a 14.94% return, which is significantly lower than DRS's 37.10% return.
SPXC
- 1D
- 0.94%
- 1M
- 13.37%
- YTD
- 14.94%
- 6M
- 11.54%
- 1Y
- 45.81%
- 3Y*
- 39.57%
- 5Y*
- 30.08%
- 10Y*
- 30.96%
DRS
- 1D
- 0.87%
- 1M
- 12.79%
- YTD
- 37.10%
- 6M
- 37.79%
- 1Y
- 5.81%
- 3Y*
- 42.71%
- 5Y*
- —
- 10Y*
- —
SPXC vs. DRS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SPXC SPX Corporation | 14.94% | 37.48% | 44.06% | 53.86% | -2.84% |
DRS Leonardo DRS Inc. Common Stock | 37.10% | 6.56% | 61.23% | 56.81% | 10.65% |
Correlation
The correlation between SPXC and DRS is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2022 | 0.37 |
The correlation between SPXC and DRS shifts across timeframes, from 0.29 (1 year) to 0.39 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
SPXC:
$5.19
DRS:
$1.44
SPXC:
44.32
DRS:
32.36
SPXC:
0.01
DRS:
1.92
SPXC:
4.78
DRS:
2.54
SPXC:
$2.35B
DRS:
$3.70B
SPXC:
$909.30M
DRS:
$894.00M
SPXC:
$475.30M
DRS:
$433.00M
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Return for Risk
SPXC vs. DRS — Risk / Return Rank
SPXC
DRS
SPXC vs. DRS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPX Corporation (SPXC) 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.
| SPXC | DRS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.06 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 0.18 | +1.81 |
| Martin ratioReturn relative to average drawdown | 5.09 | 0.36 | +4.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPXC | DRS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.15 | +1.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.34 | -1.00 |
Drawdowns
SPXC vs. DRS - Drawdown Comparison
The maximum SPXC drawdown since its inception was -81.12%, which is greater than DRS's maximum drawdown of -32.48%. Use the drawdown chart below to compare losses from any high point for SPXC and DRS.
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Drawdown Indicators
| SPXC | DRS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.12% | -32.48% | -48.64% |
Max Drawdown (1Y)Largest decline over 1 year | -23.15% | -32.48% | +9.33% |
Max Drawdown (3Y)Largest decline over 3 years | -33.54% | -32.48% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -38.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -50.26% | — | — |
Current DrawdownCurrent decline from peak | -5.39% | -4.53% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -29.02% | -7.23% | -21.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.03% | 16.05% | -7.02% |
Volatility
SPXC vs. DRS - Volatility Comparison
SPX Corporation (SPXC) and Leonardo DRS Inc. Common Stock (DRS) have volatilities of 10.68% and 11.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPXC | DRS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.68% | 11.11% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 27.88% | 30.76% | -2.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.54% | 39.89% | -3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.14% | 38.47% | -3.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.46% | 38.47% | -1.01% |
Dividends
SPXC vs. DRS - Dividend Comparison
SPXC has not paid dividends to shareholders, while DRS's dividend yield for the trailing twelve months is around 0.77%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRS Leonardo DRS Inc. Common Stock | 0.77% | 1.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 386.22% |
Financials
SPXC vs. DRS - Financials Comparison
This section allows you to compare key financial metrics between SPX Corporation and Leonardo DRS Inc. Common Stock. 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
SPXC vs. DRS - Profitability Comparison
SPXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a gross profit of 230.60M and revenue of 566.80M. Therefore, the gross margin over that period was 40.7%.
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%.
SPXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported an operating income of 87.70M and revenue of 566.80M, resulting in an operating margin of 15.5%.
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%.
SPXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a net income of 59.90M and revenue of 566.80M, resulting in a net margin of 10.6%.
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
SPXC and DRS have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRS has higher volatility (11.11%) compared to SPXC (10.68%). In terms of maximum drawdown, SPXC dropped -81.12% vs DRS's -32.48%.
SPXC currently has the higher Sharpe Ratio (1.26 vs 0.15), 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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