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TWST vs. ASPN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TWST and ASPN is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

TWST vs. ASPN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Twist Bioscience Corporation (TWST) and Aspen Aerogels, Inc. (ASPN). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%December2025FebruaryMarchAprilMay
120.14%
38.27%
TWST
ASPN

Key characteristics

Sharpe Ratio

TWST:

-0.43

ASPN:

-1.03

Sortino Ratio

TWST:

-0.24

ASPN:

-2.25

Omega Ratio

TWST:

0.97

ASPN:

0.73

Calmar Ratio

TWST:

-0.34

ASPN:

-0.87

Martin Ratio

TWST:

-1.20

ASPN:

-1.57

Ulcer Index

TWST:

23.76%

ASPN:

51.66%

Daily Std Dev

TWST:

67.17%

ASPN:

78.87%

Max Drawdown

TWST:

-94.48%

ASPN:

-93.23%

Current Drawdown

TWST:

-85.18%

ASPN:

-92.22%

Fundamentals

Market Cap

TWST:

$2.34B

ASPN:

$478.67M

EPS

TWST:

-$3.38

ASPN:

$0.17

PS Ratio

TWST:

6.49

ASPN:

1.00

PB Ratio

TWST:

5.13

ASPN:

0.73

Total Revenue (TTM)

TWST:

$347.68M

ASPN:

$358.20M

Gross Profit (TTM)

TWST:

$162.37M

ASPN:

$147.75M

EBITDA (TTM)

TWST:

-$176.51M

ASPN:

$136.77M

Returns By Period

In the year-to-date period, TWST achieves a -33.68% return, which is significantly higher than ASPN's -58.33% return.


TWST

YTD

-33.68%

1M

-23.47%

6M

-32.11%

1Y

-28.66%

5Y*

-4.67%

10Y*

N/A

ASPN

YTD

-58.33%

1M

-10.16%

6M

-69.98%

1Y

-81.47%

5Y*

-5.86%

10Y*

-3.20%

*Annualized

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Risk-Adjusted Performance

TWST vs. ASPN — Risk-Adjusted Performance Rank

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

TWST
The Risk-Adjusted Performance Rank of TWST is 2828
Overall Rank
The Sharpe Ratio Rank of TWST is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of TWST is 3131
Sortino Ratio Rank
The Omega Ratio Rank of TWST is 3131
Omega Ratio Rank
The Calmar Ratio Rank of TWST is 3131
Calmar Ratio Rank
The Martin Ratio Rank of TWST is 1919
Martin Ratio Rank

ASPN
The Risk-Adjusted Performance Rank of ASPN is 33
Overall Rank
The Sharpe Ratio Rank of ASPN is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of ASPN is 11
Sortino Ratio Rank
The Omega Ratio Rank of ASPN is 33
Omega Ratio Rank
The Calmar Ratio Rank of ASPN is 33
Calmar Ratio Rank
The Martin Ratio Rank of ASPN is 55
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TWST vs. ASPN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Twist Bioscience Corporation (TWST) and Aspen Aerogels, Inc. (ASPN). 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.


The current TWST Sharpe Ratio is -0.43, which is higher than the ASPN Sharpe Ratio of -1.03. The chart below compares the historical Sharpe Ratios of TWST and ASPN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.00December2025FebruaryMarchAprilMay
-0.43
-1.03
TWST
ASPN

Dividends

TWST vs. ASPN - Dividend Comparison

Neither TWST nor ASPN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

TWST vs. ASPN - Drawdown Comparison

The maximum TWST drawdown since its inception was -94.48%, roughly equal to the maximum ASPN drawdown of -93.23%. Use the drawdown chart below to compare losses from any high point for TWST and ASPN. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%December2025FebruaryMarchAprilMay
-85.18%
-92.22%
TWST
ASPN

Volatility

TWST vs. ASPN - Volatility Comparison

The current volatility for Twist Bioscience Corporation (TWST) is 22.46%, while Aspen Aerogels, Inc. (ASPN) has a volatility of 34.85%. This indicates that TWST experiences smaller price fluctuations and is considered to be less risky than ASPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%December2025FebruaryMarchAprilMay
22.46%
34.85%
TWST
ASPN

Financials

TWST vs. ASPN - Financials Comparison

This section allows you to compare key financial metrics between Twist Bioscience Corporation and Aspen Aerogels, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


20.00M40.00M60.00M80.00M100.00M120.00M20212022202320242025
92.79M
123.09M
(TWST) Total Revenue
(ASPN) Total Revenue
Values in USD except per share items

TWST vs. ASPN - Profitability Comparison

The chart below illustrates the profitability comparison between Twist Bioscience Corporation and Aspen Aerogels, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-20.0%-10.0%0.0%10.0%20.0%30.0%40.0%50.0%20212022202320242025
49.6%
38.3%
(TWST) Gross Margin
(ASPN) Gross Margin
TWST - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Twist Bioscience Corporation reported a gross profit of 46.03M and revenue of 92.79M. Therefore, the gross margin over that period was 49.6%.

ASPN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Aspen Aerogels, Inc. reported a gross profit of 47.13M and revenue of 123.09M. Therefore, the gross margin over that period was 38.3%.

TWST - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Twist Bioscience Corporation reported an operating income of -41.56M and revenue of 92.79M, resulting in an operating margin of -44.8%.

ASPN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Aspen Aerogels, Inc. reported an operating income of 14.71M and revenue of 123.09M, resulting in an operating margin of 12.0%.

TWST - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Twist Bioscience Corporation reported a net income of -39.33M and revenue of 92.79M, resulting in a net margin of -42.4%.

ASPN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Aspen Aerogels, Inc. reported a net income of 11.36M and revenue of 123.09M, resulting in a net margin of 9.2%.