AMPL vs. UPST
AMPL (Amplitude, Inc.) and UPST (Upstart Holdings, Inc.) are both stocks. AMPL operates in Software - Application (Technology), while UPST operates in Credit Services (Financial Services). Over the past 3 years, AMPL returned -6.27%/yr vs 0.81%/yr for UPST. At a 0.49 correlation, their price movements are largely independent.
Performance
AMPL vs. UPST - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with AMPL having a -29.97% return and UPST slightly lower at -30.73%.
AMPL
- 1D
- -2.76%
- 1M
- 0.87%
- YTD
- -29.97%
- 6M
- -23.78%
- 1Y
- -36.69%
- 3Y*
- -6.27%
- 5Y*
- —
- 10Y*
- —
UPST
- 1D
- -6.48%
- 1M
- -5.58%
- YTD
- -30.73%
- 6M
- -33.13%
- 1Y
- -40.58%
- 3Y*
- 0.81%
- 5Y*
- -28.67%
- 10Y*
- —
AMPL vs. UPST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AMPL Amplitude, Inc. | -29.97% | 9.76% | -17.06% | 5.30% | -77.18% | -3.39% |
UPST Upstart Holdings, Inc. | -30.73% | -28.98% | 50.69% | 209.08% | -91.26% | -51.72% |
Correlation
The correlation between AMPL and UPST is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2021 | 0.49 |
Fundamentals
AMPL:
$1.08B
UPST:
$2.94B
AMPL:
-$0.68
UPST:
$0.47
AMPL:
3.01
UPST:
2.74
AMPL:
4.97
UPST:
4.00
AMPL:
$356.75M
UPST:
$1.16B
AMPL:
$262.46M
UPST:
$810.61M
AMPL:
-$83.68M
UPST:
$67.66M
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Return for Risk
AMPL vs. UPST — Risk / Return Rank
AMPL
UPST
AMPL vs. UPST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplitude, Inc. (AMPL) and Upstart Holdings, Inc. (UPST). 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.
| AMPL | UPST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.94 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | -0.57 | -0.07 |
| Martin ratioReturn relative to average drawdown | -1.19 | -0.87 | -0.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AMPL | UPST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.61 | -0.58 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.28 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.52 | 0.00 | -0.52 |
Drawdowns
AMPL vs. UPST - Drawdown Comparison
The maximum AMPL drawdown since its inception was -93.38%, roughly equal to the maximum UPST drawdown of -96.90%. Use the drawdown chart below to compare losses from any high point for AMPL and UPST.
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Drawdown Indicators
| AMPL | UPST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.38% | -96.90% | +3.52% |
Max Drawdown (1Y)Largest decline over 1 year | -57.79% | -71.21% | +13.42% |
Max Drawdown (3Y)Largest decline over 3 years | -61.15% | -72.72% | +11.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -96.90% | — |
Current DrawdownCurrent decline from peak | -90.44% | -92.23% | +1.79% |
Average DrawdownAverage peak-to-trough decline | -81.26% | -76.16% | -5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.89% | 46.66% | -15.77% |
Volatility
AMPL vs. UPST - Volatility Comparison
Amplitude, Inc. (AMPL) has a higher volatility of 33.53% compared to Upstart Holdings, Inc. (UPST) at 20.07%. This indicates that AMPL's price experiences larger fluctuations and is considered to be riskier than UPST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMPL | UPST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.53% | 20.07% | +13.46% |
Volatility (6M)Calculated over the trailing 6-month period | 51.85% | 49.56% | +2.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.55% | 70.71% | -10.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.27% | 103.75% | -38.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.27% | 114.03% | -48.76% |
Dividends
AMPL vs. UPST - Dividend Comparison
Neither AMPL nor UPST has paid dividends to shareholders.
Financials
AMPL vs. UPST - Financials Comparison
This section allows you to compare key financial metrics between Amplitude, Inc. and Upstart Holdings, Inc.. 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
AMPL vs. UPST - Profitability Comparison
AMPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amplitude, Inc. reported a gross profit of 68.28M and revenue of 93.49M. Therefore, the gross margin over that period was 73.0%.
UPST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported a gross profit of 0.00 and revenue of 308.21M. Therefore, the gross margin over that period was 0.0%.
AMPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amplitude, Inc. reported an operating income of -24.14M and revenue of 93.49M, resulting in an operating margin of -25.8%.
UPST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported an operating income of -7.52M and revenue of 308.21M, resulting in an operating margin of -2.4%.
AMPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amplitude, Inc. reported a net income of -23.27M and revenue of 93.49M, resulting in a net margin of -24.9%.
UPST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Upstart Holdings, Inc. reported a net income of -6.65M and revenue of 308.21M, resulting in a net margin of -2.2%.
Frequently Asked Questions
AMPL and UPST have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMPL has higher volatility (33.53%) compared to UPST (20.07%). In terms of maximum drawdown, AMPL dropped -93.38% vs UPST's -96.90%.
UPST currently has the higher Sharpe Ratio (-0.58 vs -0.61), 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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