MLTX vs AEVA

Comparison between MoonLake Immunotherapeutics - Class A (MLTX, Company) and Aeva Technologies Inc (AEVA, Company).

MLTX is from the Healthcare sector, while AEVA is from the Technology sector.

5-Year PerformanceMLTX has outperformed AEVA, delivering a return of +13.3% compared to -16.1%

MLTX vs AEVA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MLTX(COMPANY)	AEVA(COMPANY)
Market Cap	$1.36B	$1.35B
Max Drawdown	90.22%	97.71%
Sharpe Ratio	0.60	0.14
5Y Beta	0.96	2.73
Industry	Biotechnology	Software - Infrastructure
P/E Ratio	-5.32	-8.11
PEG Ratio	-0.03	N/A
5Y EPS CAGR	N/A	5.02%
Debt to Equity	38.98%	0.00%
Free Cash Flow Yield	-16.49%	-8.60%

Market Cap

Winner

MLTX

$1.36B

AEVA

$1.35B

Max Drawdown

Winner

MLTX

90.22%

AEVA

97.71%

Sharpe Ratio

Winner

MLTX

0.60

AEVA

0.14

5Y Beta

Winner

MLTX

0.96

AEVA

2.73

Industry

MLTX

Biotechnology

AEVA

Software - Infrastructure

P/E Ratio

MLTX

-5.32

Winner

AEVA

-8.11

PEG Ratio

MLTX

-0.03

AEVA

N/A

5Y EPS CAGR

MLTX

N/A

AEVA

5.02%

Debt to Equity

MLTX

38.98%

Winner

AEVA

0.00%

Free Cash Flow Yield

MLTX

-16.49%

Winner

AEVA

-8.60%

MLTX vs AEVA - Historical Returns

Returns include dividend reinvestment.

Period	MLTX	AEVA
1 month	+5.94%	-6.89%
3 months	+2.53%	+65.26%
6 months	+32.98%	+27.29%
1 year	-59.21%	-28.33%
5 years(CAGR)	+13.27%	-16.13%
Max(CAGR)	+11.03%	-12.22%

Winner

MLTX

+5.94%

AEVA

-6.89%

MLTX

+2.53%

Winner

AEVA

+65.26%

Winner

MLTX

+32.98%

AEVA

+27.29%

MLTX

-59.21%

Winner

AEVA

-28.33%

5Y(CAGR)

Winner

MLTX

+13.27%

AEVA

-16.13%

Max(CAGR)

Winner

MLTX

+11.03%

AEVA

-12.22%

MLTX vs AEVA - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	MLTX	AEVA
2026	+59.58%	+68.63%
2025	-75.40%	+165.07%
2024	-9.07%	+30.14%
2023	+447.76%	-40.80%
2022	+5.85%	-82.85%
2021	-8.76%	-53.90%
2020	+8.39%	+47.61%

MLTX vs AEVA Drawdown Comparison

The maximum drawdown for MLTX was -90.22%, occurring on Sep 29, 2025. This drawdown has not yet recovered.

The maximum drawdown for AEVA was -97.71%, occurring on Jul 2, 2024. This drawdown has not yet recovered.

The current MLTX drawdown is -70.14%. The current AEVA drawdown is -78.50%.

Rank	MLTX	AEVA
#1	-90.22% Feb 12, 2024 - Sep 29, 2025	-97.71% Feb 10, 2021 - Jul 2, 2024
#2	-64.60% Apr 5, 2022 - Feb 7, 2023	-22.12% Dec 22, 2020 - Feb 9, 2021
#3	-41.80% Oct 5, 2023 - Dec 27, 2023	-10.19% Dec 9, 2020 - Dec 21, 2020
#4	-25.65% Feb 18, 2021 - Apr 5, 2022	-6.60% Feb 27, 2020 - Jun 25, 2020
#5	-19.79% Mar 8, 2023 - Apr 24, 2023	-3.45% Jul 20, 2020 - Nov 20, 2020
#6	-18.38% Jul 28, 2023 - Oct 5, 2023	-1.01% Jul 1, 2020 - Jul 10, 2020
#7	-15.06% Dec 27, 2023 - Feb 9, 2024	-0.69% Jul 14, 2020 - Jul 20, 2020
#8	-14.12% Apr 24, 2023 - May 4, 2023	-0.55% Jun 25, 2020 - Jun 30, 2020
#9	-12.27% Jun 9, 2023 - Jun 26, 2023	-0.45% Nov 30, 2020 - Dec 2, 2020
#10	-7.95% Jul 19, 2023 - Jul 26, 2023	-0.28% Dec 7, 2020 - Dec 9, 2020
#11	-7.48% Jul 5, 2023 - Jul 14, 2023	N/A
#12	-5.83% Oct 22, 2020 - Dec 1, 2020	N/A
#13	-5.45% May 10, 2023 - May 25, 2023	N/A
#14	-5.45% Dec 31, 2020 - Jan 8, 2021	N/A
#15	-4.78% Jan 8, 2021 - Feb 11, 2021	N/A

Correlation

Correlation between MLTX and AEVA is -0.56 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.56

-101