BLND vs. XYZ
BLND (Blend Labs, Inc.) and XYZ (Block, Inc.) are both stocks. Both are in the Technology sector — BLND in Software - Application, XYZ in Software - Infrastructure. Over the past 5 years, BLND returned -37.09%/yr vs -19.96%/yr for XYZ. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
BLND vs. XYZ - 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 XYZ's 24.81% 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%
XYZ
- 1D
- -1.63%
- 1M
- 3.06%
- 6M
- 34.44%
- YTD
- 24.81%
- 1Y
- 9.74%
- 3Y*
- 1.04%
- 5Y*
- -19.96%
- 10Y*
- 23.24%
- ALL TIME*
- 20.35%
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 |
XYZ Block, Inc. | $344.21M | $369.79M | $430.71M |
BLND vs. XYZ - 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% |
XYZ Block, Inc. | 24.81% | -23.41% | 9.88% | 23.09% | -61.09% | -31.32% |
Correlation
The correlation between BLND and XYZ is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021 | 0.41 |
Fundamentals
BLND:
$430.97M
XYZ:
$48.35B
BLND:
-$0.04
XYZ:
$1.31
BLND:
3.64
XYZ:
2.04
BLND:
$127.59M
XYZ:
$24.48B
BLND:
$95.50M
XYZ:
$11.01B
BLND:
-$16.09M
XYZ:
$2.42B
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Return for Risk
BLND vs. XYZ — Risk / Return Rank
BLND
XYZ
BLND vs. XYZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blend Labs, Inc. (BLND) and Block, Inc. (XYZ). 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 | XYZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.06 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 0.13 | -0.81 |
| Martin ratioReturn relative to average drawdown | -0.99 | 0.30 | -1.29 |
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Drawdowns
BLND vs. XYZ - Drawdown Comparison
The maximum BLND drawdown since its inception was -97.37%, which is greater than XYZ's maximum drawdown of -86.08%. Use the drawdown chart below to compare losses from any high point for BLND and XYZ.
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Drawdown Indicators
| BLND | XYZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.37% | -86.08% | -11.29% |
Max Drawdown (1Y)Largest decline over 1 year | -68.42% | -39.48% | -28.94% |
Max Drawdown (3Y)Largest decline over 3 years | -74.21% | -52.96% | -21.25% |
Max Drawdown (5Y)Largest decline over 5 years | -97.22% | -86.08% | -11.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -86.08% | — |
Current DrawdownCurrent decline from peak | -91.48% | -71.17% | -20.31% |
Average DrawdownAverage peak-to-trough decline | -81.34% | -41.44% | -39.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.86% | 17.17% | +29.69% |
Volatility
BLND vs. XYZ - Volatility Comparison
Blend Labs, Inc. (BLND) has a higher volatility of 14.31% compared to Block, Inc. (XYZ) at 9.11%. This indicates that BLND's price experiences larger fluctuations and is considered to be riskier than XYZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLND | XYZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.31% | 9.11% | +5.20% |
Volatility (6M)Calculated over the trailing 6-month period | 55.95% | 36.31% | +19.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.13% | 46.50% | +26.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.82% | 60.03% | +23.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.78% | 56.73% | +27.05% |
Dividends
BLND vs. XYZ - Dividend Comparison
Neither BLND nor XYZ has paid dividends to shareholders.
Financials
BLND vs. XYZ - Financials Comparison
This section allows you to compare key financial metrics between Blend Labs, Inc. and Block, 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. XYZ - 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%.
XYZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Block, Inc. reported a gross profit of 2.91B and revenue of 6.06B. Therefore, the gross margin over that period was 48.0%.
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%.
XYZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Block, Inc. reported an operating income of -171.99M and revenue of 6.06B, resulting in an operating margin of -2.8%.
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%.
XYZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Block, Inc. reported a net income of -308.68M and revenue of 6.06B, resulting in a net margin of -5.1%.
Frequently Asked Questions
BLND and XYZ 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.
BLND has higher volatility (14.31%) compared to XYZ (9.11%). In terms of maximum drawdown, BLND dropped -97.37% vs XYZ's -86.08%.
XYZ currently has the higher Sharpe Ratio (0.11 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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