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ENVX vs. RIVN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ENVX and RIVN is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

ENVX vs. RIVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Enovix Corp (ENVX) and Rivian Automotive, Inc. (RIVN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ENVX:

-0.29

RIVN:

0.54

Sortino Ratio

ENVX:

0.24

RIVN:

1.32

Omega Ratio

ENVX:

1.03

RIVN:

1.15

Calmar Ratio

ENVX:

-0.32

RIVN:

0.41

Martin Ratio

ENVX:

-0.62

RIVN:

1.35

Ulcer Index

ENVX:

43.46%

RIVN:

28.88%

Daily Std Dev

ENVX:

98.26%

RIVN:

73.20%

Max Drawdown

ENVX:

-84.76%

RIVN:

-95.12%

Current Drawdown

ENVX:

-81.63%

RIVN:

-91.71%

Fundamentals

Market Cap

ENVX:

$1.26B

RIVN:

$16.24B

EPS

ENVX:

-$1.11

RIVN:

-$3.69

PS Ratio

ENVX:

55.17

RIVN:

3.24

PB Ratio

ENVX:

5.37

RIVN:

2.63

Total Revenue (TTM)

ENVX:

$22.90M

RIVN:

$5.01B

Gross Profit (TTM)

ENVX:

$16.00K

RIVN:

-$538.00M

EBITDA (TTM)

ENVX:

-$94.50M

RIVN:

-$2.30B

Returns By Period

In the year-to-date period, ENVX achieves a -39.47% return, which is significantly lower than RIVN's 7.22% return.


ENVX

YTD

-39.47%

1M

11.15%

6M

-29.85%

1Y

-22.68%

5Y*

N/A

10Y*

N/A

RIVN

YTD

7.22%

1M

24.43%

6M

34.66%

1Y

42.74%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ENVX vs. RIVN — Risk-Adjusted Performance Rank

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

ENVX
The Risk-Adjusted Performance Rank of ENVX is 3838
Overall Rank
The Sharpe Ratio Rank of ENVX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of ENVX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of ENVX is 4242
Omega Ratio Rank
The Calmar Ratio Rank of ENVX is 3131
Calmar Ratio Rank
The Martin Ratio Rank of ENVX is 3838
Martin Ratio Rank

RIVN
The Risk-Adjusted Performance Rank of RIVN is 7171
Overall Rank
The Sharpe Ratio Rank of RIVN is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of RIVN is 7474
Sortino Ratio Rank
The Omega Ratio Rank of RIVN is 6969
Omega Ratio Rank
The Calmar Ratio Rank of RIVN is 7070
Calmar Ratio Rank
The Martin Ratio Rank of RIVN is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ENVX vs. RIVN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Enovix Corp (ENVX) and Rivian Automotive, Inc. (RIVN). 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.


The current ENVX Sharpe Ratio is -0.29, which is lower than the RIVN Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of ENVX and RIVN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ENVX vs. RIVN - Dividend Comparison

Neither ENVX nor RIVN has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ENVX vs. RIVN - Drawdown Comparison

The maximum ENVX drawdown since its inception was -84.76%, smaller than the maximum RIVN drawdown of -95.12%. Use the drawdown chart below to compare losses from any high point for ENVX and RIVN. For additional features, visit the drawdowns tool.


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Volatility

ENVX vs. RIVN - Volatility Comparison

Enovix Corp (ENVX) has a higher volatility of 19.74% compared to Rivian Automotive, Inc. (RIVN) at 15.30%. This indicates that ENVX's price experiences larger fluctuations and is considered to be riskier than RIVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

ENVX vs. RIVN - Financials Comparison

This section allows you to compare key financial metrics between Enovix Corp and Rivian Automotive, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00500.00M1.00B1.50B20212022202320242025
5.10M
1.24B
(ENVX) Total Revenue
(RIVN) Total Revenue
Values in USD except per share items