EVLV vs. STX
EVLV (Evolv Technologies Holdings Inc) and STX (Seagate Technology plc) are both stocks. EVLV operates in Security & Protection Services (Industrials), while STX operates in Computer Hardware (Technology). Over the past 5 years, EVLV returned -8.53%/yr vs 61.56%/yr for STX. At a 0.22 correlation, their price movements are largely independent.
Performance
EVLV vs. STX - Performance Comparison
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Returns By Period
In the year-to-date period, EVLV achieves a -10.47% return, which is significantly lower than STX's 242.18% return.
EVLV
- 1D
- -4.75%
- 1M
- -10.22%
- YTD
- -10.47%
- 6M
- -1.99%
- 1Y
- 16.76%
- 3Y*
- 2.57%
- 5Y*
- -8.53%
- 10Y*
- —
STX
- 1D
- 1.52%
- 1M
- 27.37%
- YTD
- 242.18%
- 6M
- 265.25%
- 1Y
- 673.20%
- 3Y*
- 153.95%
- 5Y*
- 61.56%
- 10Y*
- 50.67%
EVLV vs. STX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EVLV Evolv Technologies Holdings Inc | -10.47% | 81.27% | -16.31% | 82.24% | -41.93% | -55.44% | 2.88% |
STX Seagate Technology plc | 242.18% | 225.26% | 4.06% | 69.12% | -51.42% | 87.50% | 31.64% |
Correlation
The correlation between EVLV and STX is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2020 | 0.22 |
The correlation between EVLV and STX shifts across timeframes, from 0.10 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EVLV:
$1.13B
STX:
$214.48B
EVLV:
-$0.21
STX:
$10.58
EVLV:
7.04
STX:
19.20
EVLV:
9.41
STX:
195.87
EVLV:
$160.23M
STX:
$11.01B
EVLV:
$79.75M
STX:
$4.57B
EVLV:
-$39.27M
STX:
$2.59B
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Return for Risk
EVLV vs. STX — Risk / Return Rank
EVLV
STX
EVLV vs. STX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolv Technologies Holdings Inc (EVLV) and Seagate Technology plc (STX). 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.
| EVLV | STX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.51 | ||
| Sortino ratioReturn per unit of downside risk | -5.87 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.86 | -0.77 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 32.36 | -31.98 |
| Martin ratioReturn relative to average drawdown | 0.74 | 95.31 | -94.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EVLV | STX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.33 | 10.84 | -10.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 1.39 | -1.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.54 | -0.63 |
Drawdowns
EVLV vs. STX - Drawdown Comparison
The maximum EVLV drawdown since its inception was -84.50%, roughly equal to the maximum STX drawdown of -88.74%. Use the drawdown chart below to compare losses from any high point for EVLV and STX.
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Drawdown Indicators
| EVLV | STX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.50% | -88.74% | +4.24% |
Max Drawdown (1Y)Largest decline over 1 year | -44.06% | -21.00% | -23.06% |
Max Drawdown (3Y)Largest decline over 3 years | -72.92% | -40.00% | -32.92% |
Max Drawdown (5Y)Largest decline over 5 years | -84.21% | -56.99% | -27.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.99% | — |
Current DrawdownCurrent decline from peak | -41.19% | 0.00% | -41.19% |
Average DrawdownAverage peak-to-trough decline | -50.35% | -26.46% | -23.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.80% | 7.12% | +15.68% |
Volatility
EVLV vs. STX - Volatility Comparison
Evolv Technologies Holdings Inc (EVLV) has a higher volatility of 18.81% compared to Seagate Technology plc (STX) at 15.37%. This indicates that EVLV's price experiences larger fluctuations and is considered to be riskier than STX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVLV | STX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.81% | 15.37% | +3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 37.97% | 49.09% | -11.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.76% | 62.76% | -11.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.92% | 44.44% | +41.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.68% | 42.08% | +38.60% |
Dividends
EVLV vs. STX - Dividend Comparison
EVLV has not paid dividends to shareholders, while STX's dividend yield for the trailing twelve months is around 0.31%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVLV Evolv Technologies Holdings 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% |
STX Seagate Technology plc | 0.31% | 1.05% | 3.27% | 3.28% | 5.32% | 2.40% | 4.21% | 4.27% | 6.53% | 6.02% | 6.60% | 6.14% |
Financials
EVLV vs. STX - Financials Comparison
This section allows you to compare key financial metrics between Evolv Technologies Holdings Inc and Seagate Technology plc. 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
EVLV vs. STX - Profitability Comparison
EVLV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported a gross profit of 23.60M and revenue of 46.33M. Therefore, the gross margin over that period was 50.9%.
STX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a gross profit of 1.45B and revenue of 3.11B. Therefore, the gross margin over that period was 46.5%.
EVLV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported an operating income of -8.47M and revenue of 46.33M, resulting in an operating margin of -18.3%.
STX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported an operating income of 982.00M and revenue of 3.11B, resulting in an operating margin of 31.6%.
EVLV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Evolv Technologies Holdings Inc reported a net income of -5.01M and revenue of 46.33M, resulting in a net margin of -10.8%.
STX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Seagate Technology plc reported a net income of 748.00M and revenue of 3.11B, resulting in a net margin of 24.0%.
Frequently Asked Questions
EVLV and STX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVLV has higher volatility (18.81%) compared to STX (15.37%). In terms of maximum drawdown, EVLV dropped -84.50% vs STX's -88.74%.
STX currently has the higher Sharpe Ratio (10.84 vs 0.33), 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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