NOVA vs. ENPH

Last updated Jul 15, 2026

NOVA (Sunnova Energy International Inc.) and ENPH (Enphase Energy, Inc.) are both stocks. Both operate in the Solar industry within the Technology sector.

Performance

NOVA vs. ENPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sunnova Energy International Inc. (NOVA) and Enphase Energy, Inc. (ENPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NOVA

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ENPH

• 1D: 4.47%
• 1M: -17.59%
• 6M: 23.69%
• YTD: 40.36%
• 1Y: 7.16%
• 3Y*: -36.77%
• 5Y*: -22.92%
• 10Y*: 37.37%

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

NOVA vs. ENPH - Yearly Performance Comparison

	2026 (YTD)
NOVA Sunnova Energy International Inc.	0.00%
ENPH Enphase Energy, Inc.	-4.83%

Fundamentals

Total Revenue (TTM) NOVA : $839.92M ENPH : $1.40B
Gross Profit (TTM) NOVA : $376.96M ENPH : $619.16M
EBITDA (TTM) NOVA : $156.33M ENPH : $189.48M

Return for Risk

NOVA vs. ENPH — Risk / Return Rank

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

NOVA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ENPH

ENPH Risk / Return Rank: 51
ENPH Sharpe Ratio Rank: 49
ENPH Sortino Ratio Rank: 54
ENPH Omega Ratio Rank: 53
ENPH Calmar Ratio Rank: 50
ENPH Martin Ratio Rank: 50

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.

NOVA vs. ENPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sunnova Energy International Inc. (NOVA) and Enphase Energy, Inc. (ENPH). 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.

	NOVA	ENPH	Difference
Sharpe ratio: Return per unit of total volatility	—	0.09	—
Sortino ratio: Return per unit of downside risk	—	0.80	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.18	—
Martin ratio: Return relative to average drawdown	—	0.31	—

Drawdowns

Drawdown Indicators

	NOVA	ENPH	Difference
Max Drawdown Largest peak-to-trough decline	—	-95.97%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-40.56%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-86.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-92.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-92.23%	—
Current Drawdown Current decline from peak	—	-86.61%	—
Average Drawdown Average peak-to-trough decline	—	-50.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	22.86%	—

Volatility

Volatility by Period

	NOVA	ENPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	68.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	83.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	70.56%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	78.34%	—

Dividends

NOVA vs. ENPH - Dividend Comparison

Neither NOVA nor ENPH has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials