VVX vs. KTOS

Last updated Jun 4, 2026

VVX (V2X Inc) and KTOS (Kratos Defense & Security Solutions, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 3 years, VVX returned 24.36%/yr vs 61.51%/yr for KTOS. At a 0.39 correlation, their price movements are largely independent.

Performance

VVX vs. KTOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in V2X Inc (VVX) and Kratos Defense & Security Solutions, Inc. (KTOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VVX achieves a 51.68% return, which is significantly higher than KTOS's -23.03% return.

VVX

• 1D: -0.58%
• 1M: 22.00%
• YTD: 51.68%
• 6M: 47.67%
• 1Y: 84.61%
• 3Y*: 24.36%
• 5Y*: —
• 10Y*: —

KTOS

• 1D: -7.65%
• 1M: -5.65%
• YTD: -23.03%
• 6M: -19.72%
• 1Y: 49.48%
• 3Y*: 61.51%
• 5Y*: 17.61%
• 10Y*: 30.31%

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

VVX vs. KTOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VVX V2X Inc	51.68%	14.05%	2.99%	12.47%	31.00%
KTOS Kratos Defense & Security Solutions, Inc.	-23.03%	187.76%	30.01%	96.61%	-25.27%

Correlation

The correlation between VVX and KTOS is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jul 11, 2022	0.39

Fundamentals

Market Cap VVX : $2.61B KTOS : $10.48B
EPS VVX : $2.79 KTOS : $0.17
PE Ratio VVX : 29.63 KTOS : 339.30
PEG Ratio VVX : 1.39 KTOS : 3.94
PS Ratio VVX : 0.56 KTOS : 7.05
PB Ratio VVX : 2.36 KTOS : 3.07
Total Revenue (TTM) VVX : $4.72B KTOS : $1.42B
Gross Profit (TTM) VVX : $401.10M KTOS : $259.40M
EBITDA (TTM) VVX : $281.19M KTOS : $78.30M

Return for Risk

VVX vs. KTOS — Risk / Return Rank

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

VVX

VVX Risk / Return Rank: 89
VVX Sharpe Ratio Rank: 88
VVX Sortino Ratio Rank: 88
VVX Omega Ratio Rank: 86
VVX Calmar Ratio Rank: 92
VVX Martin Ratio Rank: 90

KTOS

KTOS Risk / Return Rank: 60
KTOS Sharpe Ratio Rank: 63
KTOS Sortino Ratio Rank: 62
KTOS Omega Ratio Rank: 59
KTOS Calmar Ratio Rank: 58
KTOS Martin Ratio Rank: 57

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.

VVX vs. KTOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for V2X Inc (VVX) and Kratos Defense & Security Solutions, Inc. (KTOS). 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.

	VVX	KTOS	Difference
Sharpe ratio Return per unit of total volatility	2.10	0.70	+1.40
Sortino ratio Return per unit of downside risk	2.96	1.39	+1.57
Omega ratio Gain probability vs. loss probability	1.37	1.17	+0.20
Calmar ratio Return relative to maximum drawdown	5.51	0.83	+4.68
Martin ratio Return relative to average drawdown	12.03	1.75	+10.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VVX vs. KTOS - Sharpe Ratio Comparison

The current VVX Sharpe Ratio is 2.10, which is higher than the KTOS Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of VVX and KTOS, 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

	VVX	KTOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	0.70	+1.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	-0.14	+0.78

Drawdowns

VVX vs. KTOS - Drawdown Comparison

The maximum VVX drawdown since its inception was -38.90%, smaller than the maximum KTOS drawdown of -99.81%. Use the drawdown chart below to compare losses from any high point for VVX and KTOS.

Drawdown Indicators

	VVX	KTOS	Difference
Max Drawdown Largest peak-to-trough decline	-38.90%	-99.81%	+60.91%
Max Drawdown (1Y) Largest decline over 1 year	-15.61%	-60.15%	+44.54%
Max Drawdown (3Y) Largest decline over 3 years	-38.90%	-60.15%	+21.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-69.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-72.74%	—
Current Drawdown Current decline from peak	-1.11%	-96.30%	+95.19%
Average Drawdown Average peak-to-trough decline	-14.05%	-95.94%	+81.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.11%	28.43%	-21.32%

Volatility

VVX vs. KTOS - Volatility Comparison

The current volatility for V2X Inc (VVX) is 16.22%, while Kratos Defense & Security Solutions, Inc. (KTOS) has a volatility of 22.95%. This indicates that VVX experiences smaller price fluctuations and is considered to be less risky than KTOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VVX	KTOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.22%	22.95%	-6.73%
Volatility (6M) Calculated over the trailing 6-month period	27.83%	55.83%	-28.00%
Volatility (1Y) Calculated over the trailing 1-year period	41.01%	70.96%	-29.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.03%	51.97%	-7.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.03%	50.65%	-6.62%

Dividends

VVX vs. KTOS - Dividend Comparison

Neither VVX nor KTOS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

VVX vs. KTOS - Profitability Comparison

The chart below illustrates the profitability comparison between V2X Inc and Kratos Defense & Security Solutions, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VVX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, V2X Inc reported a gross profit of 105.82M and revenue of 1.25B. Therefore, the gross margin over that period was 8.4%.

KTOS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a gross profit of 34.70M and revenue of 371.00M. Therefore, the gross margin over that period was 9.4%.

VVX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, V2X Inc reported an operating income of 44.09M and revenue of 1.25B, resulting in an operating margin of 3.5%.

KTOS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported an operating income of 4.70M and revenue of 371.00M, resulting in an operating margin of 1.3%.

VVX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, V2X Inc reported a net income of 18.93M and revenue of 1.25B, resulting in a net margin of 1.5%.

KTOS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kratos Defense & Security Solutions, Inc. reported a net income of 11.90M and revenue of 371.00M, resulting in a net margin of 3.2%.

Frequently Asked Questions

Can I hold both VVX and KTOS in my portfolio?

VVX and KTOS have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VVX or KTOS?

KTOS has higher volatility (22.95%) compared to VVX (16.22%). In terms of maximum drawdown, VVX dropped -38.90% vs KTOS's -99.81%.

Which has better risk-adjusted returns?

VVX currently has the higher Sharpe Ratio (2.10 vs 0.70), 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.