TTD vs. AEVA

Last updated Jun 9, 2026

TTD (The Trade Desk, Inc.) and AEVA (Aeva Technologies, Inc.) are both stocks. TTD operates in Software - Application (Technology), while AEVA operates in Auto Parts (Consumer Cyclical). Over the past 5 years, TTD returned -19.79%/yr vs -16.40%/yr for AEVA. At a 0.36 correlation, their price movements are largely independent.

Performance

TTD vs. AEVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Trade Desk, Inc. (TTD) and Aeva Technologies, Inc. (AEVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTD achieves a -48.81% return, which is significantly lower than AEVA's 73.87% return.

TTD

• 1D: -2.61%
• 1M: -15.81%
• YTD: -48.81%
• 6M: -50.62%
• 1Y: -72.81%
• 3Y*: -36.13%
• 5Y*: -19.79%
• 10Y*: —

AEVA

• 1D: 0.35%
• 1M: 70.15%
• YTD: 73.87%
• 6M: 53.02%
• 1Y: 10.48%
• 3Y*: 49.22%
• 5Y*: -16.40%
• 10Y*: —

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

TTD vs. AEVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TTD The Trade Desk, Inc.	-48.81%	-67.70%	63.33%	60.52%	-51.08%	14.41%	200.11%
AEVA Aeva Technologies, Inc.	73.87%	179.58%	25.38%	-44.29%	-82.01%	-48.01%	51.46%

Correlation

The correlation between TTD and AEVA is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Feb 27, 2020	0.36

Over the past year, the correlation between TTD and AEVA has dropped to 0.14 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

Fundamentals

Market Cap TTD : $9.27B AEVA : $1.45B
EPS TTD : $0.89 AEVA : -$2.52
PS Ratio TTD : 3.19 AEVA : 63.51
Total Revenue (TTM) TTD : $2.97B AEVA : $20.97M
Gross Profit (TTM) TTD : $2.31B AEVA : $971.00K
EBITDA (TTM) TTD : $725.01M AEVA : $21.17M

Return for Risk

TTD vs. AEVA — Risk / Return Rank

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

TTD

TTD Risk / Return Rank: 5
TTD Sharpe Ratio Rank: 3
TTD Sortino Ratio Rank: 3
TTD Omega Ratio Rank: 2
TTD Calmar Ratio Rank: 5
TTD Martin Ratio Rank: 12

AEVA

AEVA Risk / Return Rank: 49
AEVA Sharpe Ratio Rank: 46
AEVA Sortino Ratio Rank: 55
AEVA Omega Ratio Rank: 53
AEVA Calmar Ratio Rank: 46
AEVA Martin Ratio Rank: 44

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.

TTD vs. AEVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Trade Desk, Inc. (TTD) and Aeva Technologies, Inc. (AEVA). 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.

	TTD	AEVA	Difference
Sharpe ratio: Return per unit of total volatility	-1.14	0.09	-1.23
Sortino ratio: Return per unit of downside risk	-1.99	1.00	-2.99
Omega ratio: Gain probability vs. loss probability	0.71	1.12	-0.41
Calmar ratio: Return relative to maximum drawdown	-0.93	0.14	-1.07
Martin ratio: Return relative to average drawdown	-1.30	0.19	-1.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTD vs. AEVA - Sharpe Ratio Comparison

The current TTD Sharpe Ratio is -1.14, which is lower than the AEVA Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of TTD and AEVA, 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

	TTD	AEVA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.14	0.09	-1.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	-0.17	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	-0.12	+0.44

Drawdowns

TTD vs. AEVA - Drawdown Comparison

The maximum TTD drawdown since its inception was -86.07%, smaller than the maximum AEVA drawdown of -97.71%. Use the drawdown chart below to compare losses from any high point for TTD and AEVA.

Drawdown Indicators

	TTD	AEVA	Difference
Max Drawdown Largest peak-to-trough decline	-86.07%	-97.71%	+11.64%
Max Drawdown (1Y) Largest decline over 1 year	-78.35%	-75.68%	-2.67%
Max Drawdown (3Y) Largest decline over 3 years	-86.07%	-75.68%	-10.39%
Max Drawdown (5Y) Largest decline over 5 years	-86.07%	-96.02%	+9.95%
Current Drawdown Current decline from peak	-86.07%	-76.91%	-9.16%
Average Drawdown Average peak-to-trough decline	-27.19%	-70.68%	+43.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.98%	55.91%	+0.07%

Volatility

TTD vs. AEVA - Volatility Comparison

The current volatility for The Trade Desk, Inc. (TTD) is 19.61%, while Aeva Technologies, Inc. (AEVA) has a volatility of 39.11%. This indicates that TTD experiences smaller price fluctuations and is considered to be less risky than AEVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTD	AEVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.61%	39.11%	-19.50%
Volatility (6M) Calculated over the trailing 6-month period	41.01%	78.74%	-37.73%
Volatility (1Y) Calculated over the trailing 1-year period	64.21%	114.82%	-50.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.36%	97.00%	-29.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.47%	91.35%	-22.88%

Dividends

TTD vs. AEVA - Dividend Comparison

Neither TTD nor AEVA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TTD and AEVA in my portfolio?

TTD and AEVA have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TTD or AEVA?

AEVA has higher volatility (39.11%) compared to TTD (19.61%). In terms of maximum drawdown, TTD dropped -86.07% vs AEVA's -97.71%.

Which has better risk-adjusted returns?

AEVA currently has the higher Sharpe Ratio (0.09 vs -1.14), 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.