ENVX vs. VRTX

Last updated Jun 5, 2026

ENVX (Enovix Corp) and VRTX (Vertex Pharmaceuticals Incorporated) are both stocks. ENVX operates in Electrical Equipment & Parts (Industrials), while VRTX operates in Biotechnology (Healthcare). Over the past 3 years, ENVX returned -10.01%/yr vs 9.72%/yr for VRTX. At a 0.10 correlation, their price movements are largely independent.

Performance

ENVX vs. VRTX - Performance Comparison

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

Returns By Period

In the year-to-date period, ENVX achieves a 14.36% return, which is significantly higher than VRTX's -2.56% return.

ENVX

• 1D: 1.58%
• 1M: 21.51%
• YTD: 14.36%
• 6M: -8.03%
• 1Y: 13.07%
• 3Y*: -10.01%
• 5Y*: —
• 10Y*: —

VRTX

• 1D: 3.13%
• 1M: 4.10%
• YTD: -2.56%
• 6M: -3.42%
• 1Y: -0.92%
• 3Y*: 9.72%
• 5Y*: 16.04%
• 10Y*: 16.48%

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

ENVX vs. VRTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ENVX Enovix Corp	14.36%	-23.14%	-13.18%	0.64%	-54.40%	53.86%
VRTX Vertex Pharmaceuticals Incorporated	-2.56%	12.58%	-1.03%	40.90%	31.50%	9.75%

Correlation

The correlation between ENVX and VRTX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jul 16, 2021	0.10

Fundamentals

Market Cap ENVX : $1.82B VRTX : $113.22B
EPS ENVX : -$183.56 VRTX : $16.87
PS Ratio ENVX : 0.23 VRTX : 9.27
PB Ratio ENVX : 0.01 VRTX : 4.27
Total Revenue (TTM) ENVX : $7.63B VRTX : $12.26B
Gross Profit (TTM) ENVX : $1.56B VRTX : $10.57B
EBITDA (TTM) ENVX : -$43.98B VRTX : $5.19B

Return for Risk

ENVX vs. VRTX — Risk / Return Rank

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

ENVX

ENVX Risk / Return Rank: 48
ENVX Sharpe Ratio Rank: 47
ENVX Sortino Ratio Rank: 51
ENVX Omega Ratio Rank: 50
ENVX Calmar Ratio Rank: 46
ENVX Martin Ratio Rank: 45

VRTX

VRTX Risk / Return Rank: 38
VRTX Sharpe Ratio Rank: 41
VRTX Sortino Ratio Rank: 35
VRTX Omega Ratio Rank: 37
VRTX Calmar Ratio Rank: 40
VRTX Martin Ratio Rank: 39

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.

ENVX vs. VRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Enovix Corp (ENVX) and Vertex Pharmaceuticals Incorporated (VRTX). 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.

	ENVX	VRTX	Difference
Sharpe ratio: Return per unit of total volatility	0.15	-0.03	+0.18
Sortino ratio: Return per unit of downside risk	0.86	0.20	+0.66
Omega ratio: Gain probability vs. loss probability	1.11	1.03	+0.07
Calmar ratio: Return relative to maximum drawdown	0.19	-0.04	+0.23
Martin ratio: Return relative to average drawdown	0.28	-0.08	+0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENVX vs. VRTX - Sharpe Ratio Comparison

The current ENVX Sharpe Ratio is 0.15, which is higher than the VRTX Sharpe Ratio of -0.03. The chart below compares the historical Sharpe Ratios of ENVX and VRTX, 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

	ENVX	VRTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.15	-0.03	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.50	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.25	-0.38

Drawdowns

ENVX vs. VRTX - Drawdown Comparison

The maximum ENVX drawdown since its inception was -84.76%, smaller than the maximum VRTX drawdown of -91.77%. Use the drawdown chart below to compare losses from any high point for ENVX and VRTX.

Drawdown Indicators

	ENVX	VRTX	Difference
Max Drawdown Largest peak-to-trough decline	-84.76%	-91.77%	+7.01%
Max Drawdown (1Y) Largest decline over 1 year	-69.62%	-23.56%	-46.06%
Max Drawdown (3Y) Largest decline over 3 years	-75.42%	-29.07%	-46.35%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-41.60%	—
Current Drawdown Current decline from peak	-73.33%	-14.51%	-58.82%
Average Drawdown Average peak-to-trough decline	-62.53%	-37.70%	-24.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.77%	11.17%	+35.60%

Volatility

ENVX vs. VRTX - Volatility Comparison

Enovix Corp (ENVX) has a higher volatility of 28.99% compared to Vertex Pharmaceuticals Incorporated (VRTX) at 7.54%. This indicates that ENVX's price experiences larger fluctuations and is considered to be riskier than VRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENVX	VRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.99%	7.54%	+21.45%
Volatility (6M) Calculated over the trailing 6-month period	57.31%	21.84%	+35.47%
Volatility (1Y) Calculated over the trailing 1-year period	87.10%	34.02%	+53.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.44%	28.94%	+64.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.44%	32.83%	+60.61%

Dividends

ENVX vs. VRTX - Dividend Comparison

Neither ENVX nor VRTX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ENVX and VRTX in my portfolio?

ENVX and VRTX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ENVX or VRTX?

ENVX has higher volatility (28.99%) compared to VRTX (7.54%). In terms of maximum drawdown, ENVX dropped -84.76% vs VRTX's -91.77%.

Which has better risk-adjusted returns?

ENVX currently has the higher Sharpe Ratio (0.15 vs -0.03), 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.