ET vs. ENVA
ET (Energy Transfer LP) and ENVA (Enova International, Inc.) are both stocks. ET operates in Oil & Gas Midstream (Energy), while ENVA operates in Credit Services (Financial Services). Over the past 10 years, ET returned 13.14%/yr vs 38.77%/yr for ENVA. At a 0.29 correlation, their price movements are largely independent.
Performance
ET vs. ENVA - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with ET having a 19.85% return and ENVA slightly higher at 20.44%. Over the past 10 years, ET has underperformed ENVA with an annualized return of 13.14%, while ENVA has yielded a comparatively higher 38.77% annualized return.
ET
- 1D
- 1.65%
- 1M
- -6.34%
- YTD
- 19.85%
- 6M
- 19.34%
- 1Y
- 12.14%
- 3Y*
- 24.04%
- 5Y*
- 20.15%
- 10Y*
- 13.14%
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%
ET vs. ENVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 19.85% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -44.92% | 5.88% | -17.74% | -4.66% |
ENVA Enova International, Inc. | 20.44% | 63.95% | 73.19% | 44.28% | -6.32% | 65.36% | 2.95% | 23.64% | 28.03% | 21.12% |
Correlation
The correlation between ET and ENVA is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2014 | 0.29 |
The correlation between ET and ENVA shifts across timeframes, from -0.05 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ET:
$65.93B
ENVA:
$4.99B
ET:
$1.36
ENVA:
$12.29
ET:
14.01
ENVA:
15.40
ET:
0.76
ENVA:
1.53
ET:
1.33
ENVA:
3.56
ET:
$89.38B
ENVA:
$3.28B
ET:
$20.48B
ENVA:
$1.23B
ET:
$13.02B
ENVA:
$456.13M
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Return for Risk
ET vs. ENVA — Risk / Return Rank
ET
ENVA
ET vs. ENVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) and Enova International, Inc. (ENVA). 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.
| ET | ENVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.89 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.40 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 4.04 | -2.83 |
| Martin ratioReturn relative to average drawdown | 2.70 | 10.44 | -7.74 |
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Drawdowns
ET vs. ENVA - Drawdown Comparison
The maximum ET drawdown since its inception was -87.81%, roughly equal to the maximum ENVA drawdown of -84.26%. Use the drawdown chart below to compare losses from any high point for ET and ENVA.
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Drawdown Indicators
| ET | ENVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.81% | -84.26% | -3.55% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -24.75% | +15.37% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -37.01% | +12.45% |
Max Drawdown (5Y)Largest decline over 5 years | -25.82% | -42.84% | +17.02% |
Max Drawdown (10Y)Largest decline over 10 years | -72.82% | -77.57% | +4.75% |
Current DrawdownCurrent decline from peak | -6.47% | -0.14% | -6.33% |
Average DrawdownAverage peak-to-trough decline | -25.72% | -31.82% | +6.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | 9.57% | -4.92% |
Volatility
ET vs. ENVA - Volatility Comparison
The current volatility for Energy Transfer LP (ET) is 5.08%, while Enova International, Inc. (ENVA) has a volatility of 11.26%. This indicates that ET experiences smaller price fluctuations and is considered to be less risky than ENVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ET | ENVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 11.26% | -6.18% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 28.77% | -16.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 38.58% | -22.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.86% | 40.33% | -15.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.99% | 49.25% | -14.26% |
Dividends
ET vs. ENVA - Dividend Comparison
ET's dividend yield for the trailing twelve months is around 7.00%, while ENVA has not paid dividends to shareholders.
| 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% |
ET Energy Transfer LP | 7.00% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
Financials
ET vs. ENVA - Financials Comparison
This section allows you to compare key financial metrics between Energy Transfer LP and Enova International, 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
ET vs. ENVA - Profitability Comparison
ET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Energy Transfer LP reported a gross profit of 6.62B and revenue of 27.77B. Therefore, the gross margin over that period was 23.9%.
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%.
ET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Energy Transfer LP reported an operating income of 2.98B and revenue of 27.77B, resulting in an operating margin of 10.7%.
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%.
ET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Energy Transfer LP reported a net income of 1.25B and revenue of 27.77B, resulting in a net margin of 4.5%.
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%.
Frequently Asked Questions
ET and ENVA have a correlation of -0.05, 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 ET (5.08%). In terms of maximum drawdown, ET dropped -87.81% vs ENVA's -84.26%.
ENVA currently has the higher Sharpe Ratio (2.60 vs 0.71), 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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