ENPH vs. IEF
ENPH (Enphase Energy, Inc.) is a stock, while IEF (iShares 7-10 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Over the past 10 years, ENPH returned 35.80%/yr vs 0.49%/yr for IEF. At a correlation of -0.02, they often move in opposite directions.
Performance
ENPH vs. IEF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ENPH achieves a 23.12% return, which is significantly higher than IEF's -0.82% return. Over the past 10 years, ENPH has outperformed IEF with an annualized return of 35.80%, while IEF has yielded a comparatively lower 0.49% annualized return.
ENPH
- 1D
- -5.08%
- 1M
- -24.52%
- 6M
- 12.81%
- YTD
- 23.12%
- 1Y
- -0.30%
- 3Y*
- -39.42%
- 5Y*
- -26.16%
- 10Y*
- 35.80%
- ALL TIME*
- 12.31%
IEF
- 1D
- -0.32%
- 1M
- -0.54%
- 6M
- -0.58%
- YTD
- -0.82%
- 1Y
- 2.96%
- 3Y*
- 2.64%
- 5Y*
- -1.58%
- 10Y*
- 0.49%
- ALL TIME*
- 3.37%
ENPH vs. IEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENPH Enphase Energy, Inc. | 23.12% | -53.33% | -48.02% | -50.13% | 44.83% | 4.26% | 571.53% | 452.43% | 96.27% | 138.61% |
IEF iShares 7-10 Year Treasury Bond ETF | -0.82% | 8.03% | -0.63% | 3.64% | -15.15% | -3.33% | 10.01% | 8.03% | 0.99% | 2.55% |
Correlation
The correlation between ENPH and IEF is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Mar 30, 2012 | -0.02 |
The correlation between ENPH and IEF shifts across timeframes, from -0.02 (all time) to 0.17 (3 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ENPH vs. IEF — Risk / Return Rank
ENPH
IEF
ENPH vs. IEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enphase Energy, Inc. (ENPH) and iShares 7-10 Year Treasury Bond ETF (IEF). 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.
| ENPH | IEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.11 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.73 | -0.74 |
| Martin ratioReturn relative to average drawdown | -0.01 | 1.82 | -1.83 |
Loading charts...
Drawdowns
ENPH vs. IEF - Drawdown Comparison
The maximum ENPH drawdown since its inception was -95.97%, which is greater than IEF's maximum drawdown of -23.93%. Use the drawdown chart below to compare losses from any high point for ENPH and IEF.
Loading charts...
Drawdown Indicators
| ENPH | IEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.97% | -23.93% | -72.04% |
Max Drawdown (1Y)Largest decline over 1 year | -45.44% | -4.07% | -41.37% |
Max Drawdown (3Y)Largest decline over 3 years | -85.45% | -7.05% | -78.40% |
Max Drawdown (5Y)Largest decline over 5 years | -92.23% | -21.40% | -70.83% |
Max Drawdown (10Y)Largest decline over 10 years | -92.23% | -23.93% | -68.30% |
Current DrawdownCurrent decline from peak | -88.26% | -11.49% | -76.77% |
Average DrawdownAverage peak-to-trough decline | -50.81% | -5.37% | -45.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.47% | 1.63% | +21.84% |
Volatility
ENPH vs. IEF - Volatility Comparison
Enphase Energy, Inc. (ENPH) has a higher volatility of 21.42% compared to iShares 7-10 Year Treasury Bond ETF (IEF) at 1.40%. This indicates that ENPH's price experiences larger fluctuations and is considered to be riskier than IEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ENPH | IEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.42% | 1.40% | +20.02% |
Volatility (6M)Calculated over the trailing 6-month period | 69.37% | 3.62% | +65.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 83.92% | 4.71% | +79.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.62% | 7.70% | +62.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 78.38% | 6.61% | +71.77% |
Dividends
ENPH vs. IEF - Dividend Comparison
ENPH has not paid dividends to shareholders, while IEF's dividend yield for the trailing twelve months is around 3.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENPH Enphase Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEF iShares 7-10 Year Treasury Bond ETF | 3.93% | 3.77% | 3.62% | 2.91% | 1.96% | 0.83% | 1.08% | 2.08% | 2.24% | 1.82% | 1.81% | 1.90% |
Frequently Asked Questions
ENPH and IEF have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENPH has higher volatility (21.42%) compared to IEF (1.40%). In terms of maximum drawdown, ENPH dropped -95.97% vs IEF's -23.93%.
IEF currently has the higher Sharpe Ratio (0.63 vs -0.00), 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.
Find the right allocation for ENPH and IEF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer