WATT vs. DVLT

Last updated Jun 23, 2026

WATT (Energous Corporation) and DVLT (Datavault AI Inc) are both stocks. Both are in the Technology sector — WATT in Scientific & Technical Instruments, DVLT in Software - Infrastructure. Over the past 5 years, WATT returned -57.11%/yr vs -90.84%/yr for DVLT. At a 0.16 correlation, their price movements are largely independent.

Performance

WATT vs. DVLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energous Corporation (WATT) and Datavault AI Inc (DVLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WATT achieves a 546.37% return, which is significantly higher than DVLT's -38.26% return.

WATT

• 1D: 2.22%
• 1M: -11.80%
• YTD: 546.37%
• 6M: 503.98%
• 1Y: 241.14%
• 3Y*: -45.58%
• 5Y*: -57.11%
• 10Y*: -42.73%

DVLT

• 1D: -4.18%
• 1M: -16.09%
• YTD: -38.26%
• 6M: -57.78%
• 1Y: -33.35%
• 3Y*: -87.13%
• 5Y*: -90.84%
• 10Y*: —

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

WATT vs. DVLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WATT Energous Corporation	546.37%	-86.83%	-44.81%	-89.06%	-33.12%	-30.56%	1.69%	-69.43%	-59.25%
DVLT Datavault AI Inc	-38.26%	-68.19%	-88.31%	-98.92%	-92.24%	-60.73%	-70.98%	-82.16%	-31.60%

Correlation

The correlation between WATT and DVLT is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018	0.16

Fundamentals

Market Cap WATT : $100.13M DVLT : $223.66M
EPS WATT : -$3.86 DVLT : -$0.55
PS Ratio WATT : 6.29 DVLT : 2.22
PB Ratio WATT : 2.34 DVLT : 1.02
Total Revenue (TTM) WATT : $8.37M DVLT : $39.38M
Gross Profit (TTM) WATT : $3.00M DVLT : $15.77M
EBITDA (TTM) WATT : -$8.08M DVLT : -$70.96M

Return for Risk

WATT vs. DVLT — Risk / Return Rank

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

WATT

WATT Risk / Return Rank: 84
WATT Sharpe Ratio Rank: 88
WATT Sortino Ratio Rank: 87
WATT Omega Ratio Rank: 84
WATT Calmar Ratio Rank: 84
WATT Martin Ratio Rank: 78

DVLT

DVLT Risk / Return Rank: 44
DVLT Sharpe Ratio Rank: 35
DVLT Sortino Ratio Rank: 65
DVLT Omega Ratio Rank: 58
DVLT Calmar Ratio Rank: 30
DVLT 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.

WATT vs. DVLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energous Corporation (WATT) and Datavault AI Inc (DVLT). 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.

	WATT	DVLT	Difference
Sharpe ratio: Return per unit of total volatility	1.94	-0.16	+2.10
Sortino ratio: Return per unit of downside risk	2.76	1.43	+1.32
Omega ratio: Gain probability vs. loss probability	1.33	1.15	+0.19
Calmar ratio: Return relative to maximum drawdown	3.15	-0.38	+3.53
Martin ratio: Return relative to average drawdown	5.53	-0.54	+6.07

WATT vs. DVLT - Sharpe Ratio Comparison

The current WATT Sharpe Ratio is 1.94, which is higher than the DVLT Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of WATT and DVLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WATT vs. DVLT - Drawdown Comparison

The maximum WATT drawdown since its inception was -99.98%, roughly equal to the maximum DVLT drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for WATT and DVLT.

Drawdown Indicators

	WATT	DVLT	Difference
Max Drawdown Largest peak-to-trough decline	-99.98%	-100.00%	+0.02%
Max Drawdown (1Y) Largest decline over 1 year	-77.01%	-89.21%	+12.20%
Max Drawdown (3Y) Largest decline over 3 years	-97.72%	-99.87%	+2.15%
Max Drawdown (5Y) Largest decline over 5 years	-99.79%	-100.00%	+0.21%
Max Drawdown (10Y) Largest decline over 10 years	-99.98%	—	—
Current Drawdown Current decline from peak	-99.86%	-100.00%	+0.14%
Average Drawdown Average peak-to-trough decline	-73.08%	-90.59%	+17.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.81%	62.39%	-18.58%

Volatility

WATT vs. DVLT - Volatility Comparison

Energous Corporation (WATT) and Datavault AI Inc (DVLT) have volatilities of 29.35% and 28.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WATT	DVLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.35%	28.90%	+0.45%
Volatility (6M) Calculated over the trailing 6-month period	87.23%	109.41%	-22.18%
Volatility (1Y) Calculated over the trailing 1-year period	125.44%	206.59%	-81.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	266.71%	192.67%	+74.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	213.98%	166.17%	+47.81%

Dividends

WATT vs. DVLT - Dividend Comparison

Neither WATT nor DVLT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both WATT and DVLT in my portfolio?

WATT and DVLT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WATT or DVLT?

WATT has higher volatility (29.35%) compared to DVLT (28.90%). In terms of maximum drawdown, WATT dropped -99.98% vs DVLT's -100.00%.

Which has better risk-adjusted returns?

WATT currently has the higher Sharpe Ratio (1.94 vs -0.16), 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.