WEAV vs. BTSGU
WEAV (Weave Communications, Inc.) and BTSGU (BrightSpring Health Services Inc. Tangible Equity Unit) are both stocks. WEAV operates in Software - Application (Technology), while BTSGU operates in Health Information Services (Healthcare). Over the past year, WEAV returned -36.53% vs 193.56% for BTSGU. At a 0.12 correlation, their price movements are largely independent.
Performance
WEAV vs. BTSGU - Performance Comparison
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Returns By Period
In the year-to-date period, WEAV achieves a -32.02% return, which is significantly lower than BTSGU's 78.43% return.
WEAV
- 1D
- -0.77%
- 1M
- -9.63%
- YTD
- -32.02%
- 6M
- -25.97%
- 1Y
- -36.53%
- 3Y*
- -17.32%
- 5Y*
- —
- 10Y*
- —
BTSGU
- 1D
- 1.75%
- 1M
- 14.66%
- YTD
- 78.43%
- 6M
- 77.32%
- 1Y
- 193.56%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WEAV vs. BTSGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WEAV Weave Communications, Inc. | -32.02% | -52.32% | 21.53% |
BTSGU BrightSpring Health Services Inc. Tangible Equity Unit | 78.43% | 111.13% | 40.70% |
Correlation
The correlation between WEAV and BTSGU is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024 | 0.12 |
Fundamentals
WEAV:
$405.46M
BTSGU:
$49.25B
WEAV:
-$0.33
BTSGU:
$1.42
WEAV:
1.59
BTSGU:
3.56
WEAV:
4.87
BTSGU:
24.88
WEAV:
$248.72M
BTSGU:
$13.65B
WEAV:
$179.90M
BTSGU:
$1.66B
WEAV:
-$12.23M
BTSGU:
$572.07M
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Return for Risk
WEAV vs. BTSGU — Risk / Return Rank
WEAV
BTSGU
WEAV vs. BTSGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Weave Communications, Inc. (WEAV) and BrightSpring Health Services Inc. Tangible Equity Unit (BTSGU). 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.
| WEAV | BTSGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.78 | ||
| Sortino ratioReturn per unit of downside risk | -5.86 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.68 | -0.77 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 12.44 | -13.17 |
| Martin ratioReturn relative to average drawdown | -1.26 | 40.81 | -42.08 |
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Drawdowns
WEAV vs. BTSGU - Drawdown Comparison
The maximum WEAV drawdown since its inception was -86.06%, which is greater than BTSGU's maximum drawdown of -32.46%. Use the drawdown chart below to compare losses from any high point for WEAV and BTSGU.
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Drawdown Indicators
| WEAV | BTSGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.06% | -32.46% | -53.60% |
Max Drawdown (1Y)Largest decline over 1 year | -50.28% | -15.66% | -34.62% |
Max Drawdown (3Y)Largest decline over 3 years | -74.94% | — | — |
Current DrawdownCurrent decline from peak | -76.33% | 0.00% | -76.33% |
Average DrawdownAverage peak-to-trough decline | -60.46% | -6.12% | -54.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.94% | 4.76% | +24.18% |
Volatility
WEAV vs. BTSGU - Volatility Comparison
Weave Communications, Inc. (WEAV) has a higher volatility of 15.30% compared to BrightSpring Health Services Inc. Tangible Equity Unit (BTSGU) at 11.42%. This indicates that WEAV's price experiences larger fluctuations and is considered to be riskier than BTSGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WEAV | BTSGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.30% | 11.42% | +3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 42.88% | 28.57% | +14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.60% | 38.13% | +17.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.61% | 38.51% | +26.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.61% | 38.51% | +26.10% |
Dividends
WEAV vs. BTSGU - Dividend Comparison
WEAV has not paid dividends to shareholders, while BTSGU's dividend yield for the trailing twelve months is around 1.52%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BTSGU BrightSpring Health Services Inc. Tangible Equity Unit | 1.52% | 2.67% | 2.70% |
WEAV Weave Communications, Inc. | 0.00% | 0.00% | 0.00% |
Financials
WEAV vs. BTSGU - Financials Comparison
This section allows you to compare key financial metrics between Weave Communications, Inc. and BrightSpring Health Services Inc. Tangible Equity Unit. 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
WEAV vs. BTSGU - Profitability Comparison
WEAV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Weave Communications, Inc. reported a gross profit of 47.54M and revenue of 65.50M. Therefore, the gross margin over that period was 72.6%.
BTSGU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BrightSpring Health Services Inc. Tangible Equity Unit reported a gross profit of 482.22M and revenue of 3.61B. Therefore, the gross margin over that period was 13.3%.
WEAV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Weave Communications, Inc. reported an operating income of -6.02M and revenue of 65.50M, resulting in an operating margin of -9.2%.
BTSGU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BrightSpring Health Services Inc. Tangible Equity Unit reported an operating income of 121.45M and revenue of 3.61B, resulting in an operating margin of 3.4%.
WEAV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Weave Communications, Inc. reported a net income of -5.77M and revenue of 65.50M, resulting in a net margin of -8.8%.
BTSGU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BrightSpring Health Services Inc. Tangible Equity Unit reported a net income of 148.77M and revenue of 3.61B, resulting in a net margin of 4.1%.
Frequently Asked Questions
WEAV and BTSGU have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WEAV has higher volatility (15.30%) compared to BTSGU (11.42%). In terms of maximum drawdown, WEAV dropped -86.06% vs BTSGU's -32.46%.
BTSGU currently has the higher Sharpe Ratio (5.12 vs -0.66), 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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