TCMD vs. AVAV

Last updated Jun 3, 2026

TCMD (Tactile Systems Technology, Inc.) and AVAV (AeroVironment, Inc.) are both stocks. TCMD operates in Medical Devices (Healthcare), while AVAV operates in Aerospace & Defense (Industrials). Over the past 5 years, TCMD returned -13.59%/yr vs 13.31%/yr for AVAV. At a 0.26 correlation, their price movements are largely independent.

Performance

TCMD vs. AVAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tactile Systems Technology, Inc. (TCMD) and AeroVironment, Inc. (AVAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with TCMD having a -15.83% return and AVAV slightly higher at -15.52%.

TCMD

• 1D: 1.79%
• 1M: 6.64%
• YTD: -15.83%
• 6M: -6.65%
• 1Y: 146.81%
• 3Y*: 1.69%
• 5Y*: -13.59%
• 10Y*: —

AVAV

• 1D: 0.13%
• 1M: 10.48%
• YTD: -15.52%
• 6M: -22.87%
• 1Y: 13.27%
• 3Y*: 27.39%
• 5Y*: 13.31%
• 10Y*: 21.32%

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

TCMD vs. AVAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCMD Tactile Systems Technology, Inc.	-15.83%	69.29%	19.79%	24.56%	-39.67%	-57.65%	-33.43%	48.21%	57.18%	76.60%
AVAV AeroVironment, Inc.	-15.52%	57.18%	22.10%	47.14%	38.09%	-28.62%	40.75%	-9.14%	20.99%	109.32%

Correlation

The correlation between TCMD and AVAV is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.26

Fundamentals

Market Cap TCMD : $550.72M AVAV : $9.96B
EPS TCMD : $0.89 AVAV : -$4.63
PS Ratio TCMD : 1.62 AVAV : 8.31
PB Ratio TCMD : 2.53 AVAV : 2.33
Total Revenue (TTM) TCMD : $343.52M AVAV : $1.19B
Gross Profit (TTM) TCMD : $254.06M AVAV : $104.63M
EBITDA (TTM) TCMD : $38.53M AVAV : -$242.06M

Return for Risk

TCMD vs. AVAV — Risk / Return Rank

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

TCMD

TCMD Risk / Return Rank: 91
TCMD Sharpe Ratio Rank: 90
TCMD Sortino Ratio Rank: 94
TCMD Omega Ratio Rank: 93
TCMD Calmar Ratio Rank: 89
TCMD Martin Ratio Rank: 89

AVAV

AVAV Risk / Return Rank: 47
AVAV Sharpe Ratio Rank: 47
AVAV Sortino Ratio Rank: 48
AVAV Omega Ratio Rank: 48
AVAV Calmar Ratio Rank: 46
AVAV Martin Ratio Rank: 45

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.

TCMD vs. AVAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tactile Systems Technology, Inc. (TCMD) 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.

	TCMD	AVAV	Difference
Sharpe ratio Return per unit of total volatility	2.25	0.18	+2.06
Sortino ratio Return per unit of downside risk	4.01	0.81	+3.19
Omega ratio Gain probability vs. loss probability	1.50	1.10	+0.40
Calmar ratio Return relative to maximum drawdown	4.58	0.24	+4.34
Martin ratio Return relative to average drawdown	11.69	0.45	+11.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCMD vs. AVAV - Sharpe Ratio Comparison

The current TCMD Sharpe Ratio is 2.25, which is higher than the AVAV Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of TCMD and AVAV, 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

	TCMD	AVAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	0.18	+2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.24	-0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.24	-0.10

Drawdowns

TCMD vs. AVAV - Drawdown Comparison

The maximum TCMD drawdown since its inception was -91.41%, which is greater than AVAV's maximum drawdown of -61.45%. Use the drawdown chart below to compare losses from any high point for TCMD and AVAV.

Drawdown Indicators

	TCMD	AVAV	Difference
Max Drawdown Largest peak-to-trough decline	-91.41%	-61.45%	-29.96%
Max Drawdown (1Y) Largest decline over 1 year	-32.13%	-61.45%	+29.32%
Max Drawdown (3Y) Largest decline over 3 years	-63.25%	-61.45%	-1.80%
Max Drawdown (5Y) Largest decline over 5 years	-88.51%	-61.45%	-27.06%
Max Drawdown (10Y) Largest decline over 10 years	—	-61.45%	—
Current Drawdown Current decline from peak	-68.00%	-50.14%	-17.86%
Average Drawdown Average peak-to-trough decline	-49.34%	-28.54%	-20.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.58%	33.01%	-20.43%

Volatility

TCMD vs. AVAV - Volatility Comparison

The current volatility for Tactile Systems Technology, Inc. (TCMD) is 15.06%, while AeroVironment, Inc. (AVAV) has a volatility of 23.37%. This indicates that TCMD 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.

Volatility by Period

	TCMD	AVAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.06%	23.37%	-8.31%
Volatility (6M) Calculated over the trailing 6-month period	35.80%	58.11%	-22.31%
Volatility (1Y) Calculated over the trailing 1-year period	65.76%	72.66%	-6.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.49%	55.56%	+4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.63%	51.82%	+4.81%

Dividends

TCMD vs. AVAV - Dividend Comparison

Neither TCMD nor AVAV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TCMD and AVAV in my portfolio?

TCMD and AVAV have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCMD or AVAV?

AVAV has higher volatility (23.37%) compared to TCMD (15.06%). In terms of maximum drawdown, TCMD dropped -91.41% vs AVAV's -61.45%.

Which has better risk-adjusted returns?

TCMD currently has the higher Sharpe Ratio (2.25 vs 0.18), 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.