BLND vs. PAY
BLND (Blend Labs, Inc.) and PAY (Paymentus Holdings, Inc.) are both stocks. Both are in the Technology sector — BLND in Software - Application, PAY in Information Technology Services. Over the past 5 years, BLND returned -37.09%/yr vs 3.29%/yr for PAY. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
BLND vs. PAY - Performance Comparison
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Returns By Period
In the year-to-date period, BLND achieves a -41.45% return, which is significantly lower than PAY's 7.95% return.
BLND
- 1D
- 1.71%
- 1M
- -1.66%
- 6M
- -25.21%
- YTD
- -41.45%
- 1Y
- -50.00%
- 3Y*
- 9.39%
- 5Y*
- -37.09%
- 10Y*
- —
- ALL TIME*
- -38.12%
PAY
- 1D
- -2.21%
- 1M
- 26.02%
- 6M
- 27.57%
- YTD
- 7.95%
- 1Y
- 20.54%
- 3Y*
- 45.85%
- 5Y*
- 3.29%
- 10Y*
- —
- ALL TIME*
- 3.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BLND Blend Labs, Inc. | $3.46M | $3.59M | $5.27M |
| $34.91M | $30.96M | $27.68M |
BLND vs. PAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BLND Blend Labs, Inc. | -41.45% | -27.79% | 65.10% | 77.08% | -80.38% | -63.30% |
PAY Paymentus Holdings, Inc. | 7.95% | -3.31% | 82.82% | 123.10% | -77.10% | 5.62% |
Correlation
The correlation between BLND and PAY is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.32 |
Fundamentals
BLND:
$430.97M
PAY:
$4.28B
BLND:
-$0.04
PAY:
$0.57
BLND:
3.64
PAY:
3.45
BLND:
$127.59M
PAY:
$1.28B
BLND:
$95.50M
PAY:
$316.55M
BLND:
-$16.09M
PAY:
$121.90M
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Return for Risk
BLND vs. PAY — Risk / Return Rank
BLND
PAY
BLND vs. PAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blend Labs, Inc. (BLND) and Paymentus Holdings, Inc. (PAY). 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.
| BLND | PAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.04 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.13 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 0.47 | -1.14 |
| Martin ratioReturn relative to average drawdown | -0.99 | 0.81 | -1.80 |
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Drawdowns
BLND vs. PAY - Drawdown Comparison
The maximum BLND drawdown since its inception was -97.37%, which is greater than PAY's maximum drawdown of -80.78%. Use the drawdown chart below to compare losses from any high point for BLND and PAY.
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Drawdown Indicators
| BLND | PAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.37% | -80.78% | -16.59% |
Max Drawdown (1Y)Largest decline over 1 year | -68.42% | -48.09% | -20.33% |
Max Drawdown (3Y)Largest decline over 3 years | -74.21% | -49.27% | -24.94% |
Max Drawdown (5Y)Largest decline over 5 years | -97.22% | -80.00% | -17.22% |
Current DrawdownCurrent decline from peak | -91.48% | -14.41% | -77.07% |
Average DrawdownAverage peak-to-trough decline | -81.34% | -41.40% | -39.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.86% | 27.53% | +19.33% |
Volatility
BLND vs. PAY - Volatility Comparison
The current volatility for Blend Labs, Inc. (BLND) is 14.31%, while Paymentus Holdings, Inc. (PAY) has a volatility of 16.88%. This indicates that BLND experiences smaller price fluctuations and is considered to be less risky than PAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLND | PAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.31% | 16.88% | -2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 55.95% | 36.85% | +19.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.13% | 54.85% | +18.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.82% | 62.67% | +21.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.78% | 62.53% | +21.25% |
Dividends
BLND vs. PAY - Dividend Comparison
Neither BLND nor PAY has paid dividends to shareholders.
Financials
BLND vs. PAY - Financials Comparison
This section allows you to compare key financial metrics between Blend Labs, Inc. and Paymentus 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
BLND vs. PAY - Profitability Comparison
BLND - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Blend Labs, Inc. reported a gross profit of 23.37M and revenue of 30.84M. Therefore, the gross margin over that period was 75.8%.
PAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Paymentus Holdings, Inc. reported a gross profit of 86.23M and revenue of 358.44M. Therefore, the gross margin over that period was 24.1%.
BLND - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Blend Labs, Inc. reported an operating income of -5.06M and revenue of 30.84M, resulting in an operating margin of -16.4%.
PAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Paymentus Holdings, Inc. reported an operating income of 26.55M and revenue of 358.44M, resulting in an operating margin of 7.4%.
BLND - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Blend Labs, Inc. reported a net income of -12.78M and revenue of 30.84M, resulting in a net margin of -41.4%.
PAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Paymentus Holdings, Inc. reported a net income of 20.88M and revenue of 358.44M, resulting in a net margin of 5.8%.
Frequently Asked Questions
BLND and PAY have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAY has higher volatility (16.88%) compared to BLND (14.31%). In terms of maximum drawdown, BLND dropped -97.37% vs PAY's -80.78%.
PAY currently has the higher Sharpe Ratio (0.41 vs -0.63), 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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