AMBQ vs. ENVX

Last updated Jun 23, 2026

AMBQ (Ambiq Micro, Inc) and ENVX (Enovix Corp) are both stocks. AMBQ operates in Semiconductors (Technology), while ENVX operates in Electrical Equipment & Parts (Industrials). At a 0.37 correlation, their price movements are largely independent.

Performance

AMBQ vs. ENVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ambiq Micro, Inc (AMBQ) and Enovix Corp (ENVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMBQ achieves a 210.74% return, which is significantly higher than ENVX's -3.56% return.

AMBQ

• 1D: -2.12%
• 1M: 8.44%
• YTD: 210.74%
• 6M: 186.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ENVX

• 1D: -0.42%
• 1M: 5.54%
• YTD: -3.56%
• 6M: -15.47%
• 1Y: -2.10%
• 3Y*: -16.40%
• 5Y*: —
• 10Y*: —

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

AMBQ vs. ENVX - Yearly Performance Comparison

	2026 (YTD)	2025
AMBQ Ambiq Micro, Inc	210.74%	-25.00%
ENVX Enovix Corp	-3.56%	-48.74%

Correlation

The correlation between AMBQ and ENVX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.37

Fundamentals

EPS AMBQ : -$3.17 ENVX : -$183.56
PS Ratio AMBQ : 13.10 ENVX : 0.19
Total Revenue (TTM) AMBQ : $81.84M ENVX : $7.63B
Gross Profit (TTM) AMBQ : $28.20M ENVX : $1.56B
EBITDA (TTM) AMBQ : -$35.78M ENVX : -$43.98B

Return for Risk

AMBQ vs. ENVX — Risk / Return Rank

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

AMBQ

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

ENVX

ENVX Risk / Return Rank: 43
ENVX Sharpe Ratio Rank: 41
ENVX Sortino Ratio Rank: 46
ENVX Omega Ratio Rank: 45
ENVX Calmar Ratio Rank: 41
ENVX Martin Ratio Rank: 41

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.

AMBQ vs. ENVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ambiq Micro, Inc (AMBQ) and Enovix Corp (ENVX). 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.

	AMBQ	ENVX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.02	—
Sortino ratio: Return per unit of downside risk	—	0.62	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	-0.03	—
Martin ratio: Return relative to average drawdown	—	-0.04	—

Drawdowns

AMBQ vs. ENVX - Drawdown Comparison

The maximum AMBQ drawdown since its inception was -48.10%, smaller than the maximum ENVX drawdown of -84.76%. Use the drawdown chart below to compare losses from any high point for AMBQ and ENVX.

Drawdown Indicators

	AMBQ	ENVX	Difference
Max Drawdown Largest peak-to-trough decline	-48.10%	-84.76%	+36.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-69.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-75.42%	—
Current Drawdown Current decline from peak	-2.12%	-77.51%	+75.39%
Average Drawdown Average peak-to-trough decline	-24.84%	-63.03%	+38.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	48.25%	—

Volatility

Volatility by Period

	AMBQ	ENVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	58.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	90.62%	88.62%	+2.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	90.62%	93.81%	-3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	90.62%	93.81%	-3.19%

Dividends

AMBQ vs. ENVX - Dividend Comparison

Neither AMBQ nor ENVX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both AMBQ and ENVX in my portfolio?

AMBQ and ENVX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.