OKTA vs. QFIN
OKTA (Okta, Inc.) and QFIN (360 DigiTech, Inc.) are both stocks. OKTA operates in Software - Infrastructure (Technology), while QFIN operates in Credit Services (Financial Services). Over the past 5 years, OKTA returned -12.47%/yr vs -12.03%/yr for QFIN. At a 0.23 correlation, their price movements are largely independent.
Performance
OKTA vs. QFIN - Performance Comparison
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Returns By Period
In the year-to-date period, OKTA achieves a 34.49% return, which is significantly higher than QFIN's -15.31% return.
OKTA
- 1D
- -1.03%
- 1M
- 43.48%
- YTD
- 34.49%
- 6M
- 28.95%
- 1Y
- 19.30%
- 3Y*
- 15.20%
- 5Y*
- -12.47%
- 10Y*
- —
QFIN
- 1D
- 2.67%
- 1M
- 17.56%
- YTD
- -15.31%
- 6M
- -17.62%
- 1Y
- -59.79%
- 3Y*
- 7.60%
- 5Y*
- -12.03%
- 10Y*
- —
OKTA vs. QFIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
OKTA Okta, Inc. | 34.49% | 9.73% | -12.96% | 32.49% | -69.52% | -11.83% | 120.39% | 80.83% | -5.16% |
QFIN 360 DigiTech, Inc. | -15.31% | -47.46% | 162.76% | -16.28% | -6.54% | 97.15% | 20.68% | -36.99% | -7.75% |
Correlation
The correlation between OKTA and QFIN is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2018 | 0.23 |
The correlation between OKTA and QFIN shifts across timeframes, from 0.17 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OKTA:
$20.66B
QFIN:
$948.90M
OKTA:
$0.96
QFIN:
CN¥51.00
OKTA:
120.69
QFIN:
2.05
OKTA:
0.18
QFIN:
0.06
OKTA:
9.36
QFIN:
0.59
OKTA:
3.00K
QFIN:
0.26
OKTA:
$2.23B
QFIN:
CN¥17.46B
OKTA:
$1.73B
QFIN:
CN¥12.90B
OKTA:
$235.06M
QFIN:
CN¥6.93B
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Return for Risk
OKTA vs. QFIN — Risk / Return Rank
OKTA
QFIN
OKTA vs. QFIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) and 360 DigiTech, Inc. (QFIN). 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.
| OKTA | QFIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.76 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | -0.83 | +1.26 |
| Martin ratioReturn relative to average drawdown | 1.02 | -1.13 | +2.15 |
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Drawdowns
OKTA vs. QFIN - Drawdown Comparison
The maximum OKTA drawdown since its inception was -84.57%, which is greater than QFIN's maximum drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for OKTA and QFIN.
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Drawdown Indicators
| OKTA | QFIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -76.74% | -7.83% |
Max Drawdown (1Y)Largest decline over 1 year | -37.75% | -72.31% | +34.56% |
Max Drawdown (3Y)Largest decline over 3 years | -50.57% | -73.15% | +22.58% |
Max Drawdown (5Y)Largest decline over 5 years | -83.43% | -76.74% | -6.69% |
Current DrawdownCurrent decline from peak | -60.14% | -64.51% | +4.37% |
Average DrawdownAverage peak-to-trough decline | -38.27% | -45.54% | +7.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.82% | 53.01% | -37.19% |
Volatility
OKTA vs. QFIN - Volatility Comparison
Okta, Inc. (OKTA) has a higher volatility of 32.92% compared to 360 DigiTech, Inc. (QFIN) at 29.45%. This indicates that OKTA's price experiences larger fluctuations and is considered to be riskier than QFIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKTA | QFIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.92% | 29.45% | +3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 48.12% | 38.71% | +9.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.65% | 55.12% | -0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.50% | 66.39% | -8.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.99% | 72.04% | -18.05% |
Dividends
OKTA vs. QFIN - Dividend Comparison
OKTA has not paid dividends to shareholders, while QFIN's dividend yield for the trailing twelve months is around 10.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
OKTA Okta, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QFIN 360 DigiTech, Inc. | 10.00% | 7.58% | 4.56% | 7.27% | 4.03% | 1.22% |
Financials
OKTA vs. QFIN - Financials Comparison
This section allows you to compare key financial metrics between Okta, Inc. and 360 DigiTech, 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
OKTA vs. QFIN - Profitability Comparison
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%.
QFIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, 360 DigiTech, Inc. reported a gross profit of 2.95B and revenue of 3.89B. Therefore, the gross margin over that period was 75.8%.
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%.
QFIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, 360 DigiTech, Inc. reported an operating income of 928.25M and revenue of 3.89B, resulting in an operating margin of 23.9%.
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%.
QFIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, 360 DigiTech, Inc. reported a net income of 877.98M and revenue of 3.89B, resulting in a net margin of 22.6%.
Frequently Asked Questions
OKTA and QFIN have a correlation of 0.17, 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 QFIN (29.45%). In terms of maximum drawdown, OKTA dropped -84.57% vs QFIN's -76.74%.
OKTA currently has the higher Sharpe Ratio (0.30 vs -1.09), 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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