ENVA vs. OMF

Last updated Jun 3, 2026

ENVA (Enova International, Inc.) and OMF (OneMain Holdings, Inc.) are both stocks. Both operate in the Credit Services industry within the Financial Services sector. Over the past 10 years, ENVA returned 36.32%/yr vs 15.19%/yr for OMF. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

ENVA vs. OMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Enova International, Inc. (ENVA) and OneMain Holdings, Inc. (OMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ENVA achieves a 4.05% return, which is significantly higher than OMF's -16.20% return. Over the past 10 years, ENVA has outperformed OMF with an annualized return of 36.32%, while OMF has yielded a comparatively lower 15.19% annualized return.

ENVA

• 1D: -0.46%
• 1M: -4.31%
• YTD: 4.05%
• 6M: 24.97%
• 1Y: 76.05%
• 3Y*: 49.65%
• 5Y*: 34.70%
• 10Y*: 36.32%

OMF

• 1D: -0.44%
• 1M: -1.82%
• YTD: -16.20%
• 6M: -10.22%
• 1Y: 13.87%
• 3Y*: 19.47%
• 5Y*: 8.00%
• 10Y*: 15.19%

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

ENVA vs. OMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ENVA Enova International, Inc.	4.05%	63.95%	73.19%	44.28%	-6.32%	65.36%	2.95%	23.64%	28.03%	21.12%
OMF OneMain Holdings, Inc.	-16.20%	39.77%	15.14%	63.03%	-27.20%	23.56%	34.53%	88.37%	-6.54%	17.39%

Correlation

The correlation between ENVA and OMF is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 30, 2015	0.62

The correlation between ENVA and OMF has been stable across timeframes, ranging from 0.62 to 0.71 - a consistent structural relationship.

Fundamentals

Market Cap ENVA : $4.31B OMF : $6.39B
EPS ENVA : $12.29 OMF : $6.71
PE Ratio ENVA : 13.30 OMF : 8.12
PS Ratio ENVA : 1.32 OMF : 1.31
PB Ratio ENVA : 3.07 OMF : 1.89
Total Revenue (TTM) ENVA : $3.28B OMF : $4.94B
Gross Profit (TTM) ENVA : $1.23B OMF : $2.20B
EBITDA (TTM) ENVA : $456.13M OMF : $943.00M

Return for Risk

ENVA vs. OMF — Risk / Return Rank

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

ENVA

ENVA Risk / Return Rank: 84
ENVA Sharpe Ratio Rank: 87
ENVA Sortino Ratio Rank: 84
ENVA Omega Ratio Rank: 82
ENVA Calmar Ratio Rank: 82
ENVA Martin Ratio Rank: 83

OMF

OMF Risk / Return Rank: 51
OMF Sharpe Ratio Rank: 57
OMF Sortino Ratio Rank: 49
OMF Omega Ratio Rank: 48
OMF Calmar Ratio Rank: 51
OMF Martin Ratio Rank: 51

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.

ENVA vs. OMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enova International, Inc. (ENVA) and OneMain Holdings, Inc. (OMF). 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	OMF	Difference
Sharpe ratio Return per unit of total volatility	2.03	0.49	+1.54
Sortino ratio Return per unit of downside risk	2.66	0.85	+1.81
Omega ratio Gain probability vs. loss probability	1.33	1.10	+0.23
Calmar ratio Return relative to maximum drawdown	3.09	0.45	+2.65
Martin ratio Return relative to average drawdown	8.01	1.03	+6.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENVA vs. OMF - Sharpe Ratio Comparison

The current ENVA Sharpe Ratio is 2.03, which is higher than the OMF Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of ENVA and OMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ENVA	OMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	0.49	+1.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.23	+0.64
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.33	+0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.19	+0.13

Drawdowns

ENVA vs. OMF - Drawdown Comparison

The maximum ENVA drawdown since its inception was -81.56%, which is greater than OMF's maximum drawdown of -68.66%. Use the drawdown chart below to compare losses from any high point for ENVA and OMF.

Drawdown Indicators

	ENVA	OMF	Difference
Max Drawdown Largest peak-to-trough decline	-81.56%	-68.66%	-12.90%
Max Drawdown (1Y) Largest decline over 1 year	-24.75%	-29.68%	+4.93%
Max Drawdown (3Y) Largest decline over 3 years	-37.01%	-29.94%	-7.07%
Max Drawdown (5Y) Largest decline over 5 years	-42.84%	-47.93%	+5.09%
Max Drawdown (10Y) Largest decline over 10 years	-77.57%	-68.66%	-8.91%
Current Drawdown Current decline from peak	-6.48%	-20.69%	+14.21%
Average Drawdown Average peak-to-trough decline	-29.64%	-24.31%	-5.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.55%	12.78%	-3.23%

Volatility

ENVA vs. OMF - Volatility Comparison

Enova International, Inc. (ENVA) has a higher volatility of 9.90% compared to OneMain Holdings, Inc. (OMF) at 7.03%. This indicates that ENVA's price experiences larger fluctuations and is considered to be riskier than OMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENVA	OMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.90%	7.03%	+2.87%
Volatility (6M) Calculated over the trailing 6-month period	27.65%	21.03%	+6.62%
Volatility (1Y) Calculated over the trailing 1-year period	37.59%	28.41%	+9.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.23%	35.52%	+4.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.30%	46.08%	+3.22%

Dividends

ENVA vs. OMF - Dividend Comparison

ENVA has not paid dividends to shareholders, while OMF's dividend yield for the trailing twelve months is around 7.69%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ENVA Enova International, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OMF OneMain Holdings, Inc.	7.69%	6.17%	7.90%	8.13%	11.41%	19.08%	12.33%	7.12%

Financials

Frequently Asked Questions

Can I hold both ENVA and OMF in my portfolio?

ENVA and OMF have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ENVA or OMF?

ENVA has higher volatility (9.90%) compared to OMF (7.03%). In terms of maximum drawdown, ENVA dropped -81.56% vs OMF's -68.66%.

Which has better risk-adjusted returns?

ENVA currently has the higher Sharpe Ratio (2.03 vs 0.49), 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.