IE vs AVDX
Comparison between Ivanhoe Electric Inc (IE, Company) and AvidXchange Holdings Inc (AVDX, Company).
IE is from the Basic Materials sector, while AVDX is from the Technology sector.
IE vs AVDX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
IE
$2.06B
Winner
AVDX
$2.07B
Max Drawdown
Winner
IE
71.12%
AVDX
76.89%
Sharpe Ratio
Winner
IE
0.86
AVDX
0.65
5Y Beta
IE
1.99
AVDX
N/A
Industry
IE
Copper
AVDX
Software - Infrastructure
P/E Ratio
IE
-46.49
Winner
AVDX
-251.89
Debt to Equity
Winner
IE
6.38%
AVDX
10.54%
Free Cash Flow Yield
IE
-5.71%
Winner
AVDX
3.93%
P/S Ratio
IE
632.79
Winner
AVDX
4.63
P/B Ratio
IE
3.94
Winner
AVDX
3.01
IE vs AVDX - Historical Returns
Returns include dividend reinvestment.
1M
IE
-10.63%
Winner
AVDX
+0.50%
3M
IE
-16.20%
Winner
AVDX
+1.63%
6M
IE
-23.34%
Winner
AVDX
+26.42%
1Y
Winner
IE
+46.54%
AVDX
+18.62%
5Y(CAGR)
IE
N/A
AVDX
-20.40%
Max(CAGR)
Winner
IE
+1.45%
AVDX
-20.40%
IE vs AVDX - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | IE | AVDX |
|---|---|---|
| 2026 | -30.09% | N/A |
| 2025 | +100.25% | -3.57% |
| 2024 | -24.27% | -14.47% |
| 2023 | -15.01% | +34.09% |
| 2022 | +12.50% | -37.60% |
| 2021 | N/A | -39.62% |
IE vs AVDX Drawdown Comparison
The maximum drawdown for IE was -71.12%, occurring on Apr 4, 2025. Recovery took 564 trading sessions.
The maximum drawdown for AVDX was -76.89%, occurring on Jun 30, 2022. This drawdown has not yet recovered.
The current IE drawdown is -42.62%. The current AVDX drawdown is -62.36%.
| Rank | IE | AVDX |
|---|---|---|
| #1 | -71.12% Jul 17, 2023 - Oct 14, 2025 | -76.89% Nov 19, 2021 - Jun 30, 2022 |
| #2 | -45.93% Jan 29, 2026 - Mar 30, 2026 | -15.88% Oct 13, 2021 - Nov 11, 2021 |
| #3 | -34.23% Mar 6, 2023 - Jul 17, 2023 | -9.52% Nov 12, 2021 - Nov 19, 2021 |
| #4 | -31.31% Oct 15, 2025 - Jan 12, 2026 | N/A |
| #5 | -29.12% Jun 28, 2022 - Sep 6, 2022 | N/A |
| #6 | -29.06% Sep 12, 2022 - Nov 10, 2022 | N/A |
| #7 | -24.55% Dec 16, 2022 - Feb 14, 2023 | N/A |
| #8 | -21.01% Nov 15, 2022 - Dec 16, 2022 | N/A |
| #9 | -8.52% Feb 21, 2023 - Mar 3, 2023 | N/A |
| #10 | -4.78% Jan 23, 2026 - Jan 29, 2026 | N/A |
| #11 | -3.61% Jan 12, 2026 - Jan 14, 2026 | N/A |
| #12 | -3.53% Jan 14, 2026 - Jan 22, 2026 | N/A |
| #13 | -0.78% Feb 16, 2023 - Feb 21, 2023 | N/A |
| #14 | -0.73% Sep 6, 2022 - Sep 9, 2022 | N/A |
| #15 | -0.73% Feb 14, 2023 - Feb 16, 2023 | N/A |
Correlation
Correlation between IE and AVDX is 0.22 which considered as a very weak or no correlation - the stocks move independently of each other.
0.22
-101
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