ENV vs. BKKT

Last updated Jun 9, 2026

ENV (Envestnet, Inc.) and BKKT (Bakkt Holdings, Inc.) are both stocks. Both are in the Technology sector — ENV in Software - Application, BKKT in Software - Infrastructure. At a 0.22 correlation, their price movements are largely independent.

Performance

ENV vs. BKKT - Performance Comparison

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

Returns By Period

ENV

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

BKKT

• 1D: 3.58%
• 1M: -17.66%
• YTD: -19.22%
• 6M: -36.44%
• 1Y: -41.70%
• 3Y*: -38.43%
• 5Y*: -50.00%
• 10Y*: —

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

ENV vs. BKKT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	-3.58%	7.81%
BKKT Bakkt Holdings, Inc.	-19.22%	-59.47%	-55.57%	87.39%	-86.02%	-15.58%	-8.36%

Correlation

The correlation between ENV and BKKT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (All Time) Calculated using the full available price history since Nov 20, 2020	0.22

Fundamentals

Total Revenue (TTM) ENV : $1.34B BKKT : $1.28B
Gross Profit (TTM) ENV : $911.20M BKKT : $470.36M
EBITDA (TTM) ENV : -$92.97M BKKT : -$124.76M

Return for Risk

ENV vs. BKKT — Risk / Return Rank

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

BKKT

BKKT Risk / Return Rank: 35
BKKT Sharpe Ratio Rank: 30
BKKT Sortino Ratio Rank: 45
BKKT Omega Ratio Rank: 44
BKKT Calmar Ratio Rank: 25
BKKT Martin Ratio Rank: 30

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. BKKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envestnet, Inc. (ENV) and Bakkt Holdings, Inc. (BKKT). 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	BKKT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.28	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.26	—

Drawdowns

Drawdown Indicators

	ENV	BKKT	Difference
Max Drawdown Largest peak-to-trough decline	—	-99.41%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-84.57%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-89.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-99.41%	—
Current Drawdown Current decline from peak	—	-99.24%	—
Average Drawdown Average peak-to-trough decline	—	-84.80%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	62.74%	—

Volatility

Volatility by Period

	ENV	BKKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	39.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	81.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	149.68%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	189.62%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	183.12%	—

Dividends

ENV vs. BKKT - Dividend Comparison

Neither ENV nor BKKT has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ENV and BKKT in my portfolio?

ENV and BKKT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.