VATE vs. POWL
VATE (INNOVATE Corp.) and POWL (Powell Industries, Inc.) are both stocks. Both are in the Industrials sector — VATE in Engineering & Construction, POWL in Electrical Equipment & Parts. Over the past 10 years, VATE returned -12.15%/yr vs 36.90%/yr for POWL. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
VATE vs. POWL - Performance Comparison
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Returns By Period
In the year-to-date period, VATE achieves a 61.50% return, which is significantly lower than POWL's 106.95% return. Over the past 10 years, VATE has underperformed POWL with an annualized return of -12.15%, while POWL has yielded a comparatively higher 36.90% annualized return.
VATE
- 1D
- -10.10%
- 1M
- -50.71%
- 6M
- 26.52%
- YTD
- 61.50%
- 1Y
- 38.52%
- 3Y*
- -22.20%
- 5Y*
- -27.48%
- 10Y*
- -12.15%
- ALL TIME*
- 1.48%
POWL
- 1D
- 5.29%
- 1M
- -10.80%
- 6M
- 49.81%
- YTD
- 106.95%
- 1Y
- 190.32%
- 3Y*
- 101.54%
- 5Y*
- 91.90%
- 10Y*
- 36.90%
- ALL TIME*
- 14.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $173.84M | $183.25M | $202.53M | |
VATE INNOVATE Corp. | $730.69K | $917.32K | $1.34M |
VATE vs. POWL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VATE INNOVATE Corp. | 61.50% | -8.50% | -59.84% | -34.22% | -49.46% | 13.50% | 50.23% | -17.80% | -55.63% | 63.41% |
POWL Powell Industries, Inc. | 106.95% | 44.49% | 152.21% | 155.62% | 24.34% | 3.60% | -37.60% | 101.58% | -9.92% | -24.00% |
Correlation
The correlation between VATE and POWL is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2009 | 0.19 |
The correlation between VATE and POWL shifts across timeframes, from 0.07 (1 year) to 0.20 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
VATE:
$99.59M
POWL:
$8.00B
VATE:
-$4.00
POWL:
$5.12
VATE:
0.07
POWL:
7.09
VATE:
74.94
POWL:
11.32
VATE:
$1.34B
POWL:
$1.13B
VATE:
$190.20M
POWL:
$340.78M
VATE:
$5.40M
POWL:
$236.11M
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Return for Risk
VATE vs. POWL — Risk / Return Rank
VATE
POWL
VATE vs. POWL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for INNOVATE Corp. (VATE) and Powell Industries, Inc. (POWL). 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.
| VATE | POWL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.94 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.39 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 4.55 | -3.94 |
| Martin ratioReturn relative to average drawdown | 1.86 | 14.59 | -12.73 |
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Drawdowns
VATE vs. POWL - Drawdown Comparison
The maximum VATE drawdown since its inception was -95.92%, which is greater than POWL's maximum drawdown of -73.10%. Use the drawdown chart below to compare losses from any high point for VATE and POWL.
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Drawdown Indicators
| VATE | POWL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.92% | -73.10% | -22.82% |
Max Drawdown (1Y)Largest decline over 1 year | -63.61% | -42.10% | -21.51% |
Max Drawdown (3Y)Largest decline over 3 years | -81.88% | -55.76% | -26.12% |
Max Drawdown (5Y)Largest decline over 5 years | -92.99% | -55.76% | -37.23% |
Max Drawdown (10Y)Largest decline over 10 years | -95.36% | -68.85% | -26.51% |
Current DrawdownCurrent decline from peak | -90.92% | -31.75% | -59.17% |
Average DrawdownAverage peak-to-trough decline | -46.43% | -36.04% | -10.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.76% | 13.10% | +7.66% |
Volatility
VATE vs. POWL - Volatility Comparison
INNOVATE Corp. (VATE) has a higher volatility of 25.48% compared to Powell Industries, Inc. (POWL) at 23.10%. This indicates that VATE's price experiences larger fluctuations and is considered to be riskier than POWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VATE | POWL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.48% | 23.10% | +2.38% |
Volatility (6M)Calculated over the trailing 6-month period | 69.44% | 50.48% | +18.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 88.49% | 63.70% | +24.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.25% | 65.46% | +29.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.91% | 55.49% | +27.42% |
Dividends
VATE vs. POWL - Dividend Comparison
VATE has not paid dividends to shareholders, while POWL's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POWL Powell Industries, Inc. | 0.16% | 0.34% | 0.48% | 1.19% | 2.96% | 3.53% | 3.53% | 2.12% | 4.16% | 3.63% | 2.67% | 4.00% |
VATE INNOVATE Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 43.53% | 0.00% | 0.00% |
Financials
VATE vs. POWL - Financials Comparison
This section allows you to compare key financial metrics between INNOVATE Corp. and Powell Industries, 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.
Total Revenue: Total amount of money received from sales and other business activities
VATE vs. POWL - Profitability Comparison
VATE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, INNOVATE Corp. reported a gross profit of 53.50M and revenue of 364.80M. Therefore, the gross margin over that period was 14.7%.
POWL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Powell Industries, Inc. reported a gross profit of 87.94M and revenue of 296.62M. Therefore, the gross margin over that period was 29.7%.
VATE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, INNOVATE Corp. reported an operating income of -100.00K and revenue of 364.80M, resulting in an operating margin of -0.0%.
POWL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Powell Industries, Inc. reported an operating income of 57.58M and revenue of 296.62M, resulting in an operating margin of 19.4%.
VATE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, INNOVATE Corp. reported a net income of -17.20M and revenue of 364.80M, resulting in a net margin of -4.7%.
POWL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Powell Industries, Inc. reported a net income of 45.89M and revenue of 296.62M, resulting in a net margin of 15.5%.
Frequently Asked Questions
VATE and POWL have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VATE has higher volatility (25.48%) compared to POWL (23.10%). In terms of maximum drawdown, VATE dropped -95.92% vs POWL's -73.10%.
POWL currently has the higher Sharpe Ratio (3.01 vs 0.44), 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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