EOSE vs. ENVX
EOSE (Eos Energy Enterprises Inc) and ENVX (Enovix Corp) are both stocks. Both operate in the Electrical Equipment & Parts industry within the Industrials sector. Over the past 3 years, EOSE returned 6.51%/yr vs -34.95%/yr for ENVX. At a 0.41 correlation, their price movements are largely independent.
Performance
EOSE vs. ENVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EOSE achieves a -62.04% return, which is significantly lower than ENVX's -32.28% return.
EOSE
- 1D
- -1.14%
- 1M
- -28.22%
- 6M
- -73.03%
- YTD
- -62.04%
- 1Y
- -6.05%
- 3Y*
- 6.51%
- 5Y*
- -24.83%
- 10Y*
- —
ENVX
- 1D
- -4.81%
- 1M
- -25.68%
- 6M
- -37.02%
- YTD
- -32.28%
- 1Y
- -59.79%
- 3Y*
- -34.95%
- 5Y*
- —
- 10Y*
- —
EOSE vs. ENVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EOSE Eos Energy Enterprises Inc | -62.04% | 135.80% | 345.87% | -26.35% | -80.32% | -58.50% |
ENVX Enovix Corp | -32.28% | -23.14% | -13.18% | 0.64% | -54.40% | 26.88% |
Correlation
The correlation between EOSE and ENVX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.41 |
Fundamentals
EOSE:
$1.26B
ENVX:
$1.08B
EOSE:
-$1.33
ENVX:
-$182.30
EOSE:
9.72
ENVX:
0.14
EOSE:
$160.71M
ENVX:
$7.63B
EOSE:
-$163.73M
ENVX:
$1.56B
EOSE:
-$858.77M
ENVX:
-$43.98B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EOSE vs. ENVX — Risk / Return Rank
EOSE
ENVX
EOSE vs. ENVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eos Energy Enterprises Inc (EOSE) and Enovix Corp (ENVX). 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.
| EOSE | ENVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.64 | ||
| Sortino ratioReturn per unit of downside risk | +1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.90 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | -0.86 | +0.78 |
| Martin ratioReturn relative to average drawdown | -0.14 | -1.18 | +1.04 |
Loading charts...
Drawdowns
EOSE vs. ENVX - Drawdown Comparison
The maximum EOSE drawdown since its inception was -97.88%, which is greater than ENVX's maximum drawdown of -84.76%. Use the drawdown chart below to compare losses from any high point for EOSE and ENVX.
Loading charts...
Drawdown Indicators
| EOSE | ENVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.88% | -84.76% | -13.12% |
Max Drawdown (1Y)Largest decline over 1 year | -77.33% | -69.62% | -7.71% |
Max Drawdown (3Y)Largest decline over 3 years | -83.25% | -75.42% | -7.83% |
Max Drawdown (5Y)Largest decline over 5 years | -96.60% | -84.76% | -11.84% |
Current DrawdownCurrent decline from peak | -85.71% | -84.21% | -1.50% |
Average DrawdownAverage peak-to-trough decline | -72.47% | -63.24% | -9.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.02% | 50.60% | -6.58% |
Volatility
EOSE vs. ENVX - Volatility Comparison
The current volatility for Eos Energy Enterprises Inc (EOSE) is 24.19%, while Enovix Corp (ENVX) has a volatility of 25.68%. This indicates that EOSE experiences smaller price fluctuations and is considered to be less risky than ENVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EOSE | ENVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.19% | 25.68% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 91.27% | 59.23% | +32.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 114.66% | 86.29% | +28.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 117.54% | 93.78% | +23.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.66% | 93.78% | +18.88% |
Dividends
EOSE vs. ENVX - Dividend Comparison
Neither EOSE nor ENVX has paid dividends to shareholders.
Financials
EOSE vs. ENVX - Financials Comparison
This section allows you to compare key financial metrics between Eos Energy Enterprises Inc and Enovix Corp. 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
Frequently Asked Questions
EOSE and ENVX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVX has higher volatility (25.68%) compared to EOSE (24.19%). In terms of maximum drawdown, EOSE dropped -97.88% vs ENVX's -84.76%.
EOSE currently has the higher Sharpe Ratio (-0.05 vs -0.70), 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.
Find the right allocation for EOSE and ENVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer