ENV vs. UPST

Last updated Jun 13, 2026

ENV (Envestnet, Inc.) and UPST (Upstart Holdings, Inc.) are both stocks. ENV operates in Software - Application (Technology), while UPST operates in Credit Services (Financial Services). At a 0.29 correlation, their price movements are largely independent.

Performance

ENV vs. UPST - Performance Comparison

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

Returns By Period

ENV

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

UPST

• 1D: -4.06%
• 1M: 13.00%
• YTD: -30.25%
• 6M: -38.20%
• 1Y: -44.12%
• 3Y*: -6.21%
• 5Y*: -24.64%
• 10Y*: —

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

ENV vs. UPST - 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%	-0.66%
UPST Upstart Holdings, Inc.	-30.25%	-28.98%	50.69%	209.08%	-91.26%	271.29%	56.73%

Correlation

The correlation between ENV and UPST is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Dec 16, 2020	0.29

Fundamentals

Total Revenue (TTM) ENV : $1.34B UPST : $1.16B
Gross Profit (TTM) ENV : $911.20M UPST : $810.61M
EBITDA (TTM) ENV : -$92.97M UPST : $67.66M

Return for Risk

ENV vs. UPST — Risk / Return Rank

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

ENV

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

UPST

UPST Risk / Return Rank: 20
UPST Sharpe Ratio Rank: 16
UPST Sortino Ratio Rank: 19
UPST Omega Ratio Rank: 19
UPST Calmar Ratio Rank: 20
UPST Martin Ratio Rank: 25

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. UPST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Envestnet, Inc. (ENV) and Upstart Holdings, Inc. (UPST). 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.

	ENV	UPST	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.62	—
Sortino ratio: Return per unit of downside risk	—	-0.62	—
Omega ratio: Gain probability vs. loss probability	—	0.93	—
Calmar ratio: Return relative to maximum drawdown	—	-0.62	—
Martin ratio: Return relative to average drawdown	—	-0.92	—

Drawdowns

Drawdown Indicators

	ENV	UPST	Difference
Max Drawdown Largest peak-to-trough decline	—	-96.90%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-71.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-72.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-96.90%	—
Current Drawdown Current decline from peak	—	-92.18%	—
Average Drawdown Average peak-to-trough decline	—	-76.18%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	47.83%	—

Volatility

Volatility by Period

	ENV	UPST	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	50.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	71.10%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	103.59%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	113.97%	—

Dividends

ENV vs. UPST - Dividend Comparison

Neither ENV nor UPST has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ENV and UPST in my portfolio?

ENV and UPST have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.