BL vs. SOFI
BL (BlackLine, Inc.) and SOFI (SoFi Technologies, Inc.) are both stocks. BL operates in Software - Infrastructure (Technology), while SOFI operates in Credit Services (Financial Services). Over the past 5 years, BL returned -22.78%/yr vs 1.10%/yr for SOFI. Their 0.45 correlation means their historical movements had little consistent relationship.
Performance
BL vs. SOFI - Performance Comparison
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Returns By Period
In the year-to-date period, BL achieves a -43.21% return, which is significantly lower than SOFI's -37.70% return.
BL
- 1D
- 2.41%
- 1M
- 5.09%
- 6M
- -32.43%
- YTD
- -43.21%
- 1Y
- -40.68%
- 3Y*
- -18.75%
- 5Y*
- -22.78%
- 10Y*
- —
- ALL TIME*
- 2.57%
SOFI
- 1D
- -0.97%
- 1M
- -10.58%
- 6M
- -28.50%
- YTD
- -37.70%
- 1Y
- -23.17%
- 3Y*
- 16.37%
- 5Y*
- 1.10%
- 10Y*
- —
- ALL TIME*
- 7.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.88M | $26.97M | $36.68M | |
| $1.50B | $1.50B | $1.35B |
BL vs. SOFI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BL BlackLine, Inc. | -43.21% | -9.00% | -2.69% | -7.18% | -35.03% | -22.37% | 10.80% |
SOFI SoFi Technologies, Inc. | -37.70% | 70.00% | 54.77% | 115.84% | -70.84% | 27.09% | 13.09% |
Correlation
The correlation between BL and SOFI is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2020 | 0.45 |
Over the past year, the correlation between BL and SOFI has dropped to 0.23 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
Fundamentals
BL:
$1.84B
SOFI:
$20.92B
BL:
$0.39
SOFI:
$0.54
BL:
80.87
SOFI:
29.98
BL:
3.00
SOFI:
4.52
BL:
7.17
SOFI:
2.01
BL:
$716.65M
SOFI:
$4.85B
BL:
$539.92M
SOFI:
$3.97B
BL:
$87.84M
SOFI:
$756.79M
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Return for Risk
BL vs. SOFI — Risk / Return Rank
BL
SOFI
BL vs. SOFI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackLine, Inc. (BL) and SoFi Technologies, Inc. (SOFI). 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.
| BL | SOFI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.95 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.53 | -0.20 |
| Martin ratioReturn relative to average drawdown | -1.29 | -0.84 | -0.46 |
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Drawdowns
BL vs. SOFI - Drawdown Comparison
The maximum BL drawdown since its inception was -83.22%, roughly equal to the maximum SOFI drawdown of -83.32%. Use the drawdown chart below to compare losses from any high point for BL and SOFI.
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Drawdown Indicators
| BL | SOFI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.22% | -83.32% | +0.10% |
Max Drawdown (1Y)Largest decline over 1 year | -57.11% | -52.96% | -4.15% |
Max Drawdown (3Y)Largest decline over 3 years | -63.25% | -52.96% | -10.29% |
Max Drawdown (5Y)Largest decline over 5 years | -80.80% | -81.54% | +0.74% |
Current DrawdownCurrent decline from peak | -79.12% | -49.36% | -29.76% |
Average DrawdownAverage peak-to-trough decline | -35.78% | -51.07% | +15.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.24% | 33.29% | -1.05% |
Volatility
BL vs. SOFI - Volatility Comparison
The current volatility for BlackLine, Inc. (BL) is 14.52%, while SoFi Technologies, Inc. (SOFI) has a volatility of 16.98%. This indicates that BL experiences smaller price fluctuations and is considered to be less risky than SOFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BL | SOFI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.52% | 16.98% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 43.16% | 39.65% | +3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.32% | 56.66% | -7.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.34% | 66.48% | -21.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.92% | 71.52% | -26.60% |
Dividends
BL vs. SOFI - Dividend Comparison
Neither BL nor SOFI has paid dividends to shareholders.
Financials
BL vs. SOFI - Financials Comparison
This section allows you to compare key financial metrics between BlackLine, Inc. and SoFi Technologies, 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
Frequently Asked Questions
BL and SOFI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOFI has higher volatility (16.98%) compared to BL (14.52%). In terms of maximum drawdown, BL dropped -83.22% vs SOFI's -83.32%.
SOFI currently has the higher Sharpe Ratio (-0.49 vs -0.85), 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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