BKKT vs. ENV

Last updated Jun 9, 2026

BKKT (Bakkt Holdings, Inc.) and ENV (Envestnet, Inc.) are both stocks. Both are in the Technology sector — BKKT in Software - Infrastructure, ENV in Software - Application. At a 0.22 correlation, their price movements are largely independent.

Performance

BKKT vs. ENV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bakkt Holdings, Inc. (BKKT) and Envestnet, Inc. (ENV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BKKT

• 1D: 3.58%
• 1M: -17.66%
• YTD: -19.22%
• 6M: -36.44%
• 1Y: -41.70%
• 3Y*: -38.43%
• 5Y*: -50.00%
• 10Y*: —

ENV

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

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

BKKT vs. ENV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BKKT Bakkt Holdings, Inc.	-19.22%	-59.47%	-55.57%	87.39%	-86.02%	-15.58%	-8.36%
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	-3.58%	7.81%

Correlation

The correlation between BKKT and ENV is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Nov 20, 2020	0.22

Fundamentals

Total Revenue (TTM) BKKT : $1.28B ENV : $1.34B
Gross Profit (TTM) BKKT : $470.36M ENV : $911.20M
EBITDA (TTM) BKKT : -$124.76M ENV : -$92.97M

Return for Risk

BKKT vs. ENV — Risk / Return Rank

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

BKKT

BKKT Risk / Return Rank: 35
BKKT Sharpe Ratio Rank: 30
BKKT Sortino Ratio Rank: 45
BKKT Omega Ratio Rank: 44
BKKT Calmar Ratio Rank: 25
BKKT Martin Ratio Rank: 30

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.

BKKT vs. ENV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bakkt Holdings, Inc. (BKKT) and Envestnet, Inc. (ENV). 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.

	BKKT	ENV	Difference
Sharpe ratio: Return per unit of total volatility	-0.28	—	—
Sortino ratio: Return per unit of downside risk	0.59	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	-0.49	—	—
Martin ratio: Return relative to average drawdown	-0.67	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BKKT	ENV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	—	—

Drawdowns

Drawdown Indicators

	BKKT	ENV	Difference
Max Drawdown Largest peak-to-trough decline	-99.41%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-84.57%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-89.36%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-99.41%	—	—
Current Drawdown Current decline from peak	-99.24%	—	—
Average Drawdown Average peak-to-trough decline	-84.80%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	62.74%	—	—

Volatility

Volatility by Period

	BKKT	ENV	Difference
Volatility (1M) Calculated over the trailing 1-month period	39.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	81.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	149.68%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	189.62%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	183.12%	—	—

Dividends

BKKT vs. ENV - Dividend Comparison

Neither BKKT nor ENV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BKKT and ENV in my portfolio?

BKKT and ENV have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.