NRG vs. OKTA
NRG (NRG Energy, Inc.) and OKTA (Okta, Inc.) are both stocks. NRG operates in Utilities - Independent Power Producers (Utilities), while OKTA operates in Software - Infrastructure (Technology). Over the past 5 years, NRG returned 30.96%/yr vs -12.47%/yr for OKTA. At a 0.17 correlation, their price movements are largely independent.
Performance
NRG vs. OKTA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NRG achieves a -20.72% return, which is significantly lower than OKTA's 34.49% return.
NRG
- 1D
- 1.43%
- 1M
- -4.28%
- YTD
- -20.72%
- 6M
- -21.80%
- 1Y
- -15.96%
- 3Y*
- 57.21%
- 5Y*
- 30.96%
- 10Y*
- 26.90%
OKTA
- 1D
- -1.03%
- 1M
- 48.71%
- YTD
- 34.49%
- 6M
- 28.95%
- 1Y
- 16.08%
- 3Y*
- 15.20%
- 5Y*
- -12.47%
- 10Y*
- —
NRG vs. OKTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NRG NRG Energy, Inc. | -20.72% | 78.91% | 78.58% | 69.36% | -23.47% | 18.54% | -2.14% | 0.69% | 39.59% | 51.32% |
OKTA Okta, Inc. | 34.49% | 9.73% | -12.96% | 32.49% | -69.52% | -11.83% | 120.39% | 80.83% | 149.12% | 7.83% |
Correlation
The correlation between NRG and OKTA is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2017 | 0.17 |
The correlation between NRG and OKTA shifts across timeframes, from -0.01 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NRG:
$26.10B
OKTA:
$20.66B
NRG:
$1.21
OKTA:
$0.96
NRG:
103.60
OKTA:
120.69
NRG:
1.56
OKTA:
0.18
NRG:
0.76
OKTA:
9.36
NRG:
6.18
OKTA:
3.00K
NRG:
$32.38B
OKTA:
$2.23B
NRG:
$4.69B
OKTA:
$1.73B
NRG:
$2.57B
OKTA:
$235.06M
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
NRG vs. OKTA — Risk / Return Rank
NRG
OKTA
NRG vs. OKTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NRG Energy, Inc. (NRG) and Okta, Inc. (OKTA). 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.
| NRG | OKTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.11 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 0.43 | -0.90 |
| Martin ratioReturn relative to average drawdown | -1.16 | 1.02 | -2.18 |
Loading charts...
Drawdowns
NRG vs. OKTA - Drawdown Comparison
The maximum NRG drawdown since its inception was -79.41%, smaller than the maximum OKTA drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for NRG and OKTA.
Loading charts...
Drawdown Indicators
| NRG | OKTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.41% | -84.57% | +5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -34.24% | -37.75% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -34.24% | -50.57% | +16.33% |
Max Drawdown (5Y)Largest decline over 5 years | -34.24% | -83.43% | +49.19% |
Max Drawdown (10Y)Largest decline over 10 years | -48.76% | — | — |
Current DrawdownCurrent decline from peak | -31.61% | -60.14% | +28.53% |
Average DrawdownAverage peak-to-trough decline | -27.99% | -38.27% | +10.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.73% | 15.82% | -2.09% |
Volatility
NRG vs. OKTA - Volatility Comparison
The current volatility for NRG Energy, Inc. (NRG) is 15.26%, while Okta, Inc. (OKTA) has a volatility of 32.92%. This indicates that NRG experiences smaller price fluctuations and is considered to be less risky than OKTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NRG | OKTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.26% | 32.92% | -17.66% |
Volatility (6M)Calculated over the trailing 6-month period | 35.10% | 48.12% | -13.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.88% | 54.65% | -9.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.03% | 57.50% | -17.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.16% | 53.99% | -14.83% |
Dividends
NRG vs. OKTA - Dividend Comparison
NRG's dividend yield for the trailing twelve months is around 1.46%, while OKTA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRG NRG Energy, Inc. | 1.46% | 1.11% | 1.81% | 2.92% | 4.40% | 3.02% | 3.20% | 0.30% | 0.30% | 0.42% | 1.92% | 4.93% |
OKTA Okta, 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% |
Financials
NRG vs. OKTA - Financials Comparison
This section allows you to compare key financial metrics between NRG Energy, Inc. and Okta, 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
NRG vs. OKTA - Profitability Comparison
NRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a gross profit of 0.00 and revenue of 10.26B. Therefore, the gross margin over that period was 0.0%.
OKTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported a gross profit of 595.00K and revenue of 765.00K. Therefore, the gross margin over that period was 77.8%.
NRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported an operating income of 328.00M and revenue of 10.26B, resulting in an operating margin of 3.2%.
OKTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported an operating income of 56.00K and revenue of 765.00K, resulting in an operating margin of 7.3%.
NRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NRG Energy, Inc. reported a net income of 125.00M and revenue of 10.26B, resulting in a net margin of 1.2%.
OKTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported a net income of 74.00K and revenue of 765.00K, resulting in a net margin of 9.7%.
Frequently Asked Questions
NRG and OKTA have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKTA has higher volatility (32.92%) compared to NRG (15.26%). In terms of maximum drawdown, NRG dropped -79.41% vs OKTA's -84.57%.
OKTA currently has the higher Sharpe Ratio (0.30 vs -0.36), 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 NRG and OKTA
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