VWAV vs. AVAV

Last updated Jun 23, 2026

VWAV (VisionWave Holdings, Inc.) and AVAV (AeroVironment, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. At a 0.17 correlation, their price movements are largely independent.

Performance

VWAV vs. AVAV - Performance Comparison

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

Returns By Period

In the year-to-date period, VWAV achieves a -52.97% return, which is significantly lower than AVAV's -37.44% return.

VWAV

• 1D: -11.66%
• 1M: -14.61%
• YTD: -52.97%
• 6M: -51.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVAV

• 1D: -10.78%
• 1M: -13.14%
• YTD: -37.44%
• 6M: -40.75%
• 1Y: -20.21%
• 3Y*: 18.52%
• 5Y*: 6.33%
• 10Y*: 17.76%

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

VWAV vs. AVAV - Yearly Performance Comparison

	2026 (YTD)	2025
VWAV VisionWave Holdings, Inc.	-52.97%	254.79%
AVAV AeroVironment, Inc.	-37.44%	-8.72%

Correlation

The correlation between VWAV and AVAV is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.17

Fundamentals

Market Cap VWAV : $85.28M AVAV : $7.38B
EPS VWAV : -$1.28 AVAV : -$4.63
PB Ratio VWAV : 0.86 AVAV : 1.73
Total Revenue (TTM) VWAV : $0.00 AVAV : $1.19B
Gross Profit (TTM) VWAV : $0.00 AVAV : $104.63M
EBITDA (TTM) VWAV : -$11.99M AVAV : -$242.06M

Return for Risk

VWAV vs. AVAV — Risk / Return Rank

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

VWAV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AVAV

AVAV Risk / Return Rank: 32
AVAV Sharpe Ratio Rank: 31
AVAV Sortino Ratio Rank: 34
AVAV Omega Ratio Rank: 34
AVAV Calmar Ratio Rank: 31
AVAV Martin Ratio Rank: 32

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.

VWAV vs. AVAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VisionWave Holdings, Inc. (VWAV) 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.

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.

	VWAV	AVAV	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.27	—
Sortino ratio: Return per unit of downside risk	—	0.10	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.32	—
Martin ratio: Return relative to average drawdown	—	-0.57	—

Drawdowns

VWAV vs. AVAV - Drawdown Comparison

The maximum VWAV drawdown since its inception was -69.29%, which is greater than AVAV's maximum drawdown of -63.07%. Use the drawdown chart below to compare losses from any high point for VWAV and AVAV.

Drawdown Indicators

	VWAV	AVAV	Difference
Max Drawdown Largest peak-to-trough decline	-69.29%	-63.07%	-6.22%
Max Drawdown (1Y) Largest decline over 1 year	—	-63.07%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-63.07%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.07%	—
Current Drawdown Current decline from peak	-69.29%	-63.07%	-6.22%
Average Drawdown Average peak-to-trough decline	-33.69%	-28.74%	-4.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.45%	—

Volatility

Volatility by Period

	VWAV	AVAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	28.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	400.71%	75.19%	+325.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	400.71%	56.27%	+344.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	400.71%	52.19%	+348.52%

Dividends

VWAV vs. AVAV - Dividend Comparison

Neither VWAV nor AVAV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both VWAV and AVAV in my portfolio?

VWAV and AVAV have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.