EXFY vs. BILL
EXFY (Expensify Inc) and BILL (Bill.com Holdings, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 3 years, EXFY returned -41.04%/yr vs -33.17%/yr for BILL. At a 0.46 correlation, their price movements are largely independent.
Performance
EXFY vs. BILL - Performance Comparison
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Returns By Period
In the year-to-date period, EXFY achieves a 3.31% return, which is significantly higher than BILL's -40.80% return.
EXFY
- 1D
- -4.88%
- 1M
- 36.84%
- YTD
- 3.31%
- 6M
- 6.85%
- 1Y
- -32.76%
- 3Y*
- -41.04%
- 5Y*
- —
- 10Y*
- —
BILL
- 1D
- 1.03%
- 1M
- -10.65%
- YTD
- -40.80%
- 6M
- -41.47%
- 1Y
- -27.09%
- 3Y*
- -33.17%
- 5Y*
- -29.64%
- 10Y*
- —
EXFY vs. BILL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EXFY Expensify Inc | 3.31% | -54.93% | 35.63% | -72.03% | -79.93% | 10.69% |
BILL Bill.com Holdings, Inc. | -40.80% | -35.62% | 3.82% | -25.12% | -56.27% | -27.20% |
Correlation
The correlation between EXFY and BILL is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.46 |
Over the past year, the correlation between EXFY and BILL has dropped to 0.24 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Fundamentals
EXFY:
$146.20M
BILL:
$3.30B
EXFY:
-$0.22
BILL:
$0.00
EXFY:
1.03
BILL:
2.06
EXFY:
1.06
BILL:
0.87
EXFY:
$140.00M
BILL:
$1.60B
EXFY:
$69.46M
BILL:
$1.29B
EXFY:
-$13.41M
BILL:
$68.77M
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Return for Risk
EXFY vs. BILL — Risk / Return Rank
EXFY
BILL
EXFY vs. BILL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expensify Inc (EXFY) and Bill.com Holdings, Inc. (BILL). 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.
| EXFY | BILL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.96 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.63 | +0.17 |
| Martin ratioReturn relative to average drawdown | -0.72 | -1.31 | +0.59 |
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Drawdowns
EXFY vs. BILL - Drawdown Comparison
The maximum EXFY drawdown since its inception was -98.46%, which is greater than BILL's maximum drawdown of -90.66%. Use the drawdown chart below to compare losses from any high point for EXFY and BILL.
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Drawdown Indicators
| EXFY | BILL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.46% | -90.66% | -7.80% |
Max Drawdown (1Y)Largest decline over 1 year | -71.38% | -43.24% | -28.14% |
Max Drawdown (3Y)Largest decline over 3 years | -90.85% | -76.42% | -14.43% |
Max Drawdown (5Y)Largest decline over 5 years | — | -90.66% | — |
Current DrawdownCurrent decline from peak | -96.79% | -90.57% | -6.22% |
Average DrawdownAverage peak-to-trough decline | -84.41% | -54.82% | -29.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.55% | 20.70% | +24.85% |
Volatility
EXFY vs. BILL - Volatility Comparison
Expensify Inc (EXFY) has a higher volatility of 28.86% compared to Bill.com Holdings, Inc. (BILL) at 16.33%. This indicates that EXFY's price experiences larger fluctuations and is considered to be riskier than BILL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXFY | BILL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.86% | 16.33% | +12.53% |
Volatility (6M)Calculated over the trailing 6-month period | 58.12% | 50.10% | +8.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.28% | 63.22% | +6.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 81.39% | 70.44% | +10.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.39% | 72.87% | +8.52% |
Dividends
EXFY vs. BILL - Dividend Comparison
Neither EXFY nor BILL has paid dividends to shareholders.
Financials
EXFY vs. BILL - Financials Comparison
This section allows you to compare key financial metrics between Expensify Inc and Bill.com Holdings, 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
EXFY vs. BILL - Profitability Comparison
EXFY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Expensify Inc reported a gross profit of 16.17M and revenue of 33.97M. Therefore, the gross margin over that period was 47.6%.
BILL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bill.com Holdings, Inc. reported a gross profit of 331.85M and revenue of 406.56M. Therefore, the gross margin over that period was 81.6%.
EXFY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Expensify Inc reported an operating income of -1.97M and revenue of 33.97M, resulting in an operating margin of -5.8%.
BILL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bill.com Holdings, Inc. reported an operating income of 96.41M and revenue of 406.56M, resulting in an operating margin of 23.7%.
EXFY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Expensify Inc reported a net income of -2.34M and revenue of 33.97M, resulting in a net margin of -6.9%.
BILL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bill.com Holdings, Inc. reported a net income of 12.79M and revenue of 406.56M, resulting in a net margin of 3.1%.
Frequently Asked Questions
EXFY and BILL have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EXFY has higher volatility (28.86%) compared to BILL (16.33%). In terms of maximum drawdown, EXFY dropped -98.46% vs BILL's -90.66%.
BILL currently has the higher Sharpe Ratio (-0.43 vs -0.47), 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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