BRZE vs. MP
BRZE (Braze, Inc.) and MP (MP Materials Corp.) are both stocks. BRZE operates in Software - Application (Technology), while MP operates in Other Industrial Metals & Mining (Basic Materials). Over the past 3 years, BRZE returned -17.49%/yr vs 21.47%/yr for MP. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
BRZE vs. MP - Performance Comparison
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Returns By Period
In the year-to-date period, BRZE achieves a -27.33% return, which is significantly lower than MP's -18.11% return.
BRZE
- 1D
- -0.56%
- 1M
- 4.66%
- 6M
- 19.69%
- YTD
- -27.33%
- 1Y
- -4.89%
- 3Y*
- -17.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -23.39%
MP
- 1D
- -0.70%
- 1M
- -22.40%
- 6M
- -29.61%
- YTD
- -18.11%
- 1Y
- -35.04%
- 3Y*
- 21.47%
- 5Y*
- 1.92%
- 10Y*
- —
- ALL TIME*
- 26.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
BRZE Braze, Inc. | $61.16M | $59.62M | $66.07M |
| $269.01M | $254.79M | $346.46M |
BRZE vs. MP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BRZE Braze, Inc. | -27.33% | -18.12% | -21.17% | 94.76% | -64.64% | -11.51% |
MP MP Materials Corp. | -18.11% | 223.85% | -21.41% | -18.25% | -46.54% | 3.60% |
Correlation
The correlation between BRZE and MP is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2021 | 0.30 |
The correlation between BRZE and MP shifts across timeframes, from -0.01 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BRZE:
$2.81B
MP:
$7.36B
BRZE:
-$1.12
MP:
-$0.57
BRZE:
3.44
MP:
16.91
BRZE:
$787.12M
MP:
$305.30M
BRZE:
$523.12M
MP:
$25.30M
BRZE:
-$110.18M
MP:
$1.52M
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Return for Risk
BRZE vs. MP — Risk / Return Rank
BRZE
MP
BRZE vs. MP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Braze, Inc. (BRZE) and MP Materials Corp. (MP). 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.
| BRZE | MP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.97 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.19 | -0.54 | +0.35 |
| Martin ratioReturn relative to average drawdown | -0.35 | -0.90 | +0.55 |
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Drawdowns
BRZE vs. MP - Drawdown Comparison
The maximum BRZE drawdown since its inception was -83.23%, roughly equal to the maximum MP drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for BRZE and MP.
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Drawdown Indicators
| BRZE | MP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.23% | -81.99% | -1.24% |
Max Drawdown (1Y)Largest decline over 1 year | -56.37% | -61.38% | +5.01% |
Max Drawdown (3Y)Largest decline over 3 years | -73.56% | -61.38% | -12.18% |
Max Drawdown (5Y)Largest decline over 5 years | — | -81.99% | — |
Current DrawdownCurrent decline from peak | -73.53% | -58.06% | -15.47% |
Average DrawdownAverage peak-to-trough decline | -60.38% | -42.72% | -17.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.65% | 36.61% | -5.96% |
Volatility
BRZE vs. MP - Volatility Comparison
Braze, Inc. (BRZE) and MP Materials Corp. (MP) have volatilities of 21.18% and 20.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BRZE | MP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.18% | 20.22% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 53.58% | 50.61% | +2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.56% | 74.63% | -6.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.64% | 69.99% | -5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.64% | 72.47% | -7.83% |
Dividends
BRZE vs. MP - Dividend Comparison
Neither BRZE nor MP has paid dividends to shareholders.
Financials
BRZE vs. MP - Financials Comparison
This section allows you to compare key financial metrics between Braze, Inc. and MP Materials Corp.. 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
BRZE vs. MP - Profitability Comparison
BRZE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Braze, Inc. reported a gross profit of 138.66M and revenue of 211.00M. Therefore, the gross margin over that period was 65.7%.
MP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, MP Materials Corp. reported a gross profit of 0.00 and revenue of 90.65M. Therefore, the gross margin over that period was 0.0%.
BRZE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Braze, Inc. reported an operating income of -27.51M and revenue of 211.00M, resulting in an operating margin of -13.0%.
MP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, MP Materials Corp. reported an operating income of 0.00 and revenue of 90.65M, resulting in an operating margin of 0.0%.
BRZE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Braze, Inc. reported a net income of -26.59M and revenue of 211.00M, resulting in a net margin of -12.6%.
MP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, MP Materials Corp. reported a net income of -7.97M and revenue of 90.65M, resulting in a net margin of -8.8%.
Frequently Asked Questions
BRZE and MP have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRZE has higher volatility (21.18%) compared to MP (20.22%). In terms of maximum drawdown, BRZE dropped -83.23% vs MP's -81.99%.
BRZE currently has the higher Sharpe Ratio (-0.16 vs -0.44), 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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