ENVA vs. HWM
ENVA (Enova International, Inc.) and HWM (Howmet Aerospace Inc.) are both stocks. ENVA operates in Credit Services (Financial Services), while HWM operates in Aerospace & Defense (Industrials). Over the past 10 years, ENVA returned 38.77%/yr vs 33.28%/yr for HWM. At a 0.41 correlation, their price movements are largely independent.
Performance
ENVA vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, ENVA achieves a 20.44% return, which is significantly lower than HWM's 29.23% return. Over the past 10 years, ENVA has outperformed HWM with an annualized return of 38.77%, while HWM has yielded a comparatively lower 33.28% annualized return.
ENVA
- 1D
- -0.14%
- 1M
- 13.51%
- YTD
- 20.44%
- 6M
- 16.35%
- 1Y
- 102.88%
- 3Y*
- 53.36%
- 5Y*
- 39.68%
- 10Y*
- 38.77%
HWM
- 1D
- 0.03%
- 1M
- -3.09%
- YTD
- 29.23%
- 6M
- 33.60%
- 1Y
- 54.66%
- 3Y*
- 79.69%
- 5Y*
- 50.00%
- 10Y*
- 33.28%
ENVA vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENVA Enova International, Inc. | 20.44% | 63.95% | 73.19% | 44.28% | -6.32% | 65.36% | 2.95% | 23.64% | 28.03% | 21.12% |
HWM Howmet Aerospace Inc. | 29.23% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between ENVA and HWM is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2014 | 0.41 |
Over the past year, the correlation between ENVA and HWM has dropped to 0.18 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
Fundamentals
ENVA:
$4.99B
HWM:
$106.66B
ENVA:
$12.29
HWM:
$4.31
ENVA:
15.40
HWM:
61.42
ENVA:
0.83
HWM:
1.04
ENVA:
1.53
HWM:
12.42
ENVA:
3.56
HWM:
19.32
ENVA:
$3.28B
HWM:
$8.62B
ENVA:
$1.23B
HWM:
$2.81B
ENVA:
$456.13M
HWM:
$2.66B
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Return for Risk
ENVA vs. HWM — Risk / Return Rank
ENVA
HWM
ENVA vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enova International, Inc. (ENVA) and Howmet Aerospace Inc. (HWM). 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.
| ENVA | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.85 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.30 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 3.46 | +0.59 |
| Martin ratioReturn relative to average drawdown | 10.44 | 9.77 | +0.67 |
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Drawdowns
ENVA vs. HWM - Drawdown Comparison
The maximum ENVA drawdown since its inception was -84.26%, roughly equal to the maximum HWM drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for ENVA and HWM.
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Drawdown Indicators
| ENVA | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.26% | -88.30% | +4.04% |
Max Drawdown (1Y)Largest decline over 1 year | -24.75% | -15.89% | -8.86% |
Max Drawdown (3Y)Largest decline over 3 years | -37.01% | -19.41% | -17.60% |
Max Drawdown (5Y)Largest decline over 5 years | -42.84% | -21.61% | -21.23% |
Max Drawdown (10Y)Largest decline over 10 years | -77.57% | -64.81% | -12.76% |
Current DrawdownCurrent decline from peak | -0.14% | -3.26% | +3.12% |
Average DrawdownAverage peak-to-trough decline | -31.82% | -31.00% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.57% | 5.61% | +3.96% |
Volatility
ENVA vs. HWM - Volatility Comparison
Enova International, Inc. (ENVA) and Howmet Aerospace Inc. (HWM) have volatilities of 11.26% and 11.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENVA | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.26% | 11.03% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 28.77% | 25.03% | +3.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.58% | 31.46% | +7.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.33% | 32.20% | +8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.25% | 39.82% | +9.43% |
Dividends
ENVA vs. HWM - Dividend Comparison
ENVA has not paid dividends to shareholders, while HWM's dividend yield for the trailing twelve months is around 0.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
HWM Howmet Aerospace Inc. | 0.18% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
Financials
ENVA vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Enova International, Inc. and Howmet Aerospace Inc.. 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. HWM - 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%.
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
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%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
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%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
Frequently Asked Questions
ENVA and HWM have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVA has higher volatility (11.26%) compared to HWM (11.03%). In terms of maximum drawdown, ENVA dropped -84.26% vs HWM's -88.30%.
ENVA currently has the higher Sharpe Ratio (2.60 vs 1.75), 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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