ENV vs. ALKT

Last updated Jun 9, 2026

ENV (Envestnet, Inc.) and ALKT (Alkami Technology, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. At a 0.26 correlation, their price movements are largely independent.

Performance

ENV vs. ALKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Envestnet, Inc. (ENV) and Alkami Technology, Inc. (ALKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ENV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ALKT

• 1D: -0.25%
• 1M: -11.80%
• YTD: -31.30%
• 6M: -25.76%
• 1Y: -47.96%
• 3Y*: 1.07%
• 5Y*: -13.07%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ENV vs. ALKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	8.28%
ALKT Alkami Technology, Inc.	-31.30%	-37.10%	51.26%	66.21%	-27.27%	-53.35%

Correlation

The correlation between ENV and ALKT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021	0.26

The correlation between ENV and ALKT shifts across timeframes, from 0.14 (3 years) to 0.26 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) ENV : $1.34B ALKT : $471.94M
Gross Profit (TTM) ENV : $911.20M ALKT : $272.71M
EBITDA (TTM) ENV : -$92.97M ALKT : -$17.46M

Return for Risk

ENV vs. ALKT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALKT

ALKT Risk / Return Rank: 7
ALKT Sharpe Ratio Rank: 6
ALKT Sortino Ratio Rank: 8
ALKT Omega Ratio Rank: 9
ALKT Calmar Ratio Rank: 4
ALKT Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENV vs. ALKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envestnet, Inc. (ENV) and Alkami Technology, Inc. (ALKT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ENV	ALKT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.95	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.36	—

Drawdowns

Drawdown Indicators

	ENV	ALKT	Difference
Max Drawdown Largest peak-to-trough decline	—	-79.03%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-50.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-63.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-73.50%	—
Current Drawdown Current decline from peak	—	-66.76%	—
Average Drawdown Average peak-to-trough decline	—	-52.41%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	33.16%	—

Volatility

Volatility by Period

	ENV	ALKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	50.76%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	48.13%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	48.72%	—

Dividends

ENV vs. ALKT - Dividend Comparison

Neither ENV nor ALKT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ENV and ALKT in my portfolio?

ENV and ALKT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.