ENVA vs. AA
ENVA (Enova International, Inc.) and AA (Alcoa Corporation) are both stocks. ENVA operates in Credit Services (Financial Services), while AA operates in Aluminum (Basic Materials). Over the past 5 years, ENVA returned 36.19%/yr vs 15.22%/yr for AA. At a 0.34 correlation, their price movements are largely independent.
Performance
ENVA vs. AA - Performance Comparison
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Returns By Period
In the year-to-date period, ENVA achieves a 9.12% return, which is significantly lower than AA's 38.65% return.
ENVA
- 1D
- 1.61%
- 1M
- -1.92%
- YTD
- 9.12%
- 6M
- 26.22%
- 1Y
- 77.69%
- 3Y*
- 49.36%
- 5Y*
- 36.19%
- 10Y*
- 36.71%
AA
- 1D
- 2.16%
- 1M
- 16.43%
- YTD
- 38.65%
- 6M
- 65.72%
- 1Y
- 164.65%
- 3Y*
- 29.24%
- 5Y*
- 15.22%
- 10Y*
- —
ENVA vs. AA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENVA Enova International, Inc. | 9.12% | 63.95% | 73.19% | 44.28% | -6.32% | 65.36% | 2.95% | 23.64% | 28.03% | 21.12% |
AA Alcoa Corporation | 38.65% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
Correlation
The correlation between ENVA and AA 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 | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2016 | 0.34 |
Over the past year, the correlation between ENVA and AA has dropped to 0.13 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
ENVA:
$4.52B
AA:
$19.36B
ENVA:
$12.29
AA:
$3.92
ENVA:
13.95
AA:
18.74
ENVA:
0.76
AA:
0.05
ENVA:
1.39
AA:
1.52
ENVA:
3.22
AA:
2.84
ENVA:
$3.28B
AA:
$12.66B
ENVA:
$1.23B
AA:
$948.00M
ENVA:
$456.13M
AA:
$1.70B
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Return for Risk
ENVA vs. AA — Risk / Return Rank
ENVA
AA
ENVA vs. AA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enova International, Inc. (ENVA) and Alcoa Corporation (AA). 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.
| ENVA | AA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 10.49 | -7.33 |
| Martin ratioReturn relative to average drawdown | 8.14 | 25.51 | -17.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ENVA | AA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 3.11 | -1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.27 | +0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.24 | +0.09 |
Drawdowns
ENVA vs. AA - Drawdown Comparison
The maximum ENVA drawdown since its inception was -81.56%, smaller than the maximum AA drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for ENVA and AA.
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Drawdown Indicators
| ENVA | AA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.56% | -90.90% | +9.34% |
Max Drawdown (1Y)Largest decline over 1 year | -24.75% | -15.80% | -8.95% |
Max Drawdown (3Y)Largest decline over 3 years | -37.01% | -52.25% | +15.24% |
Max Drawdown (5Y)Largest decline over 5 years | -42.84% | -75.46% | +32.62% |
Max Drawdown (10Y)Largest decline over 10 years | -77.57% | — | — |
Current DrawdownCurrent decline from peak | -1.92% | -19.12% | +17.20% |
Average DrawdownAverage peak-to-trough decline | -29.60% | -46.18% | +16.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.57% | 6.48% | +3.09% |
Volatility
ENVA vs. AA - Volatility Comparison
The current volatility for Enova International, Inc. (ENVA) is 10.45%, while Alcoa Corporation (AA) has a volatility of 18.33%. This indicates that ENVA experiences smaller price fluctuations and is considered to be less risky than AA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENVA | AA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.45% | 18.33% | -7.88% |
Volatility (6M)Calculated over the trailing 6-month period | 28.16% | 39.63% | -11.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.08% | 53.40% | -15.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.29% | 56.08% | -15.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.22% | 55.59% | -6.37% |
Dividends
ENVA vs. AA - Dividend Comparison
ENVA has not paid dividends to shareholders, while AA's dividend yield for the trailing twelve months is around 0.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 0.54% | 0.75% | 1.06% | 1.18% | 0.88% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% |
ENVA Enova International, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ENVA vs. AA - Financials Comparison
This section allows you to compare key financial metrics between Enova International, Inc. and Alcoa Corporation. 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
ENVA vs. AA - Profitability Comparison
ENVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Enova International, Inc. reported a gross profit of 0.00 and revenue of 875.14M. Therefore, the gross margin over that period was 0.0%.
AA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a gross profit of 0.00 and revenue of 3.19B. Therefore, the gross margin over that period was 0.0%.
ENVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Enova International, Inc. reported an operating income of 207.11M and revenue of 875.14M, resulting in an operating margin of 23.7%.
AA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported an operating income of 0.00 and revenue of 3.19B, resulting in an operating margin of 0.0%.
ENVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Enova International, Inc. reported a net income of 91.10M and revenue of 875.14M, resulting in a net margin of 10.4%.
AA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a net income of 425.00M and revenue of 3.19B, resulting in a net margin of 13.3%.
Frequently Asked Questions
ENVA and AA 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.
AA has higher volatility (18.33%) compared to ENVA (10.45%). In terms of maximum drawdown, ENVA dropped -81.56% vs AA's -90.90%.
AA currently has the higher Sharpe Ratio (3.11 vs 2.06), 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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