XYZ vs. AVDX

Last updated Jun 13, 2026

XYZ (Block, Inc) and AVDX (AvidXchange Holdings, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. At a 0.50 correlation, their price movements are largely independent.

Performance

XYZ vs. AVDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Block, Inc (XYZ) and AvidXchange Holdings, Inc. (AVDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XYZ

• 1D: 0.62%
• 1M: -0.37%
• YTD: 6.81%
• 6M: 7.37%
• 1Y: 8.88%
• 3Y*: 1.99%
• 5Y*: -20.53%
• 10Y*: 22.83%

AVDX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XYZ vs. AVDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XYZ Block, Inc	6.81%	-23.41%	9.88%	23.09%	-61.09%	-31.97%
AVDX AvidXchange Holdings, Inc.	0.00%	-3.29%	-16.55%	24.65%	-34.00%	-37.61%

Correlation

The correlation between XYZ and AVDX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (All Time) Calculated using the full available price history since Oct 13, 2021	0.50

Over the past year, the correlation between XYZ and AVDX has dropped to 0.19 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Fundamentals

Market Cap XYZ : $41.54B AVDX : $2.07B
EPS XYZ : $1.31 AVDX : -$0.04
PS Ratio XYZ : 1.75 AVDX : 4.63
PB Ratio XYZ : 1.91 AVDX : 3.01
Total Revenue (TTM) XYZ : $24.48B AVDX : $446.72M
Gross Profit (TTM) XYZ : $11.01B AVDX : $323.96M
EBITDA (TTM) XYZ : $2.42B AVDX : $36.84M

Return for Risk

XYZ vs. AVDX — Risk / Return Rank

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

XYZ

XYZ Risk / Return Rank: 48
XYZ Sharpe Ratio Rank: 50
XYZ Sortino Ratio Rank: 47
XYZ Omega Ratio Rank: 46
XYZ Calmar Ratio Rank: 49
XYZ Martin Ratio Rank: 49

AVDX

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

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.

XYZ vs. AVDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Block, Inc (XYZ) and AvidXchange Holdings, Inc. (AVDX). 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.

	XYZ	AVDX	Difference
Sharpe ratio: Return per unit of total volatility	0.19	—	—
Sortino ratio: Return per unit of downside risk	0.60	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	0.23	—	—
Martin ratio: Return relative to average drawdown	0.52	—	—

Drawdowns

Drawdown Indicators

	XYZ	AVDX	Difference
Max Drawdown Largest peak-to-trough decline	-86.08%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-39.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-52.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-86.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-86.08%	—	—
Current Drawdown Current decline from peak	-75.33%	—	—
Average Drawdown Average peak-to-trough decline	-41.05%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	17.15%	—	—

Volatility

Volatility by Period

	XYZ	AVDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	35.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.91%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.99%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.70%	—	—

Dividends

XYZ vs. AVDX - Dividend Comparison

Neither XYZ nor AVDX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

XYZ vs. AVDX - Profitability Comparison

The chart below illustrates the profitability comparison between Block, Inc and AvidXchange Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

XYZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Block, Inc reported a gross profit of 2.91B and revenue of 6.06B. Therefore, the gross margin over that period was 48.0%.

AVDX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported a gross profit of 79.62M and revenue of 110.57M. Therefore, the gross margin over that period was 72.0%.

XYZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Block, Inc reported an operating income of -171.99M and revenue of 6.06B, resulting in an operating margin of -2.8%.

AVDX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported an operating income of -12.41M and revenue of 110.57M, resulting in an operating margin of -11.2%.

XYZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Block, Inc reported a net income of -308.68M and revenue of 6.06B, resulting in a net margin of -5.1%.

AVDX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AvidXchange Holdings, Inc. reported a net income of -9.46M and revenue of 110.57M, resulting in a net margin of -8.6%.

Frequently Asked Questions

Can I hold both XYZ and AVDX in my portfolio?

XYZ and AVDX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.