OKTA vs. TEAM
OKTA (Okta, Inc.) and TEAM (Atlassian Corporation) are both stocks. Both are in the Technology sector — OKTA in Software - Infrastructure, TEAM in Software - Application. Over the past 5 years, OKTA returned -10.55%/yr vs -20.85%/yr for TEAM. Their 0.59 correlation means they have sometimes moved together and sometimes differently.
Performance
OKTA vs. TEAM - Performance Comparison
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Returns By Period
In the year-to-date period, OKTA achieves a 64.14% return, which is significantly higher than TEAM's -37.70% return.
OKTA
- 1D
- 1.08%
- 1M
- 0.36%
- 6M
- 68.00%
- YTD
- 64.14%
- 1Y
- 49.20%
- 3Y*
- 23.04%
- 5Y*
- -10.55%
- 10Y*
- —
- ALL TIME*
- 21.16%
TEAM
- 1D
- 2.95%
- 1M
- 20.49%
- 6M
- -14.52%
- YTD
- -37.70%
- 1Y
- -44.79%
- 3Y*
- -17.77%
- 5Y*
- -20.85%
- 10Y*
- 13.16%
- ALL TIME*
- 12.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
OKTA Okta, Inc. | $370.04M | $412.72M | $441.76M |
| $394.24M | $345.64M | $494.18M |
OKTA vs. TEAM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OKTA Okta, Inc. | 64.14% | 9.73% | -12.96% | 32.49% | -69.52% | -11.83% | 120.39% | 80.83% | 149.12% | 7.83% |
TEAM Atlassian Corporation | -37.70% | -33.38% | 2.32% | 84.85% | -66.25% | 63.04% | 94.34% | 35.24% | 95.47% | 45.34% |
Correlation
The correlation between OKTA and TEAM is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2017 | 0.59 |
The correlation between OKTA and TEAM has been stable across timeframes, ranging from 0.50 to 0.60 - a consistent structural relationship.
Fundamentals
OKTA:
$23.58B
TEAM:
$26.53B
OKTA:
$0.97
TEAM:
-$0.82
OKTA:
11.40
TEAM:
4.29
OKTA:
3.66K
TEAM:
30.18
OKTA:
$2.23B
TEAM:
$6.19B
OKTA:
$1.73B
TEAM:
$5.20B
OKTA:
$235.06M
TEAM:
-$227.46M
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Return for Risk
OKTA vs. TEAM — Risk / Return Rank
OKTA
TEAM
OKTA vs. TEAM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Okta, Inc. (OKTA) and Atlassian Corporation (TEAM). 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 | TEAM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +2.54 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.90 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | -0.69 | +1.96 |
| Martin ratioReturn relative to average drawdown | 3.22 | -1.16 | +4.38 |
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Drawdowns
OKTA vs. TEAM - Drawdown Comparison
The maximum OKTA drawdown since its inception was -84.57%, roughly equal to the maximum TEAM drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for OKTA and TEAM.
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Drawdown Indicators
| OKTA | TEAM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -87.53% | +2.96% |
Max Drawdown (1Y)Largest decline over 1 year | -35.62% | -69.22% | +33.60% |
Max Drawdown (3Y)Largest decline over 3 years | -50.57% | -82.30% | +31.73% |
Max Drawdown (5Y)Largest decline over 5 years | -83.43% | -87.53% | +4.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.53% | — |
Current DrawdownCurrent decline from peak | -51.36% | -77.95% | +26.59% |
Average DrawdownAverage peak-to-trough decline | -38.48% | -30.45% | -8.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.07% | 42.42% | -28.35% |
Volatility
OKTA vs. TEAM - Volatility Comparison
The current volatility for Okta, Inc. (OKTA) is 15.99%, while Atlassian Corporation (TEAM) has a volatility of 23.98%. This indicates that OKTA experiences smaller price fluctuations and is considered to be less risky than TEAM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OKTA | TEAM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.99% | 23.98% | -7.99% |
Volatility (6M)Calculated over the trailing 6-month period | 50.01% | 58.08% | -8.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.94% | 68.18% | -11.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.96% | 61.06% | -3.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.96% | 52.29% | +1.67% |
Dividends
OKTA vs. TEAM - Dividend Comparison
Neither OKTA nor TEAM has paid dividends to shareholders.
Financials
OKTA vs. TEAM - Financials Comparison
This section allows you to compare key financial metrics between Okta, Inc. and Atlassian Corporation. 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. TEAM - Profitability Comparison
OKTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
TEAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Atlassian Corporation reported a gross profit of 1.52B and revenue of 1.79B. Therefore, the gross margin over that period was 85.3%.
OKTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Okta, Inc. reported an operating income of 56.00K and revenue of 765.00K, resulting in an operating margin of 7.3%.
TEAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Atlassian Corporation reported an operating income of -55.27M and revenue of 1.79B, resulting in an operating margin of -3.1%.
OKTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Okta, Inc. reported a net income of 74.00K and revenue of 765.00K, resulting in a net margin of 9.7%.
TEAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Atlassian Corporation reported a net income of -98.39M and revenue of 1.79B, resulting in a net margin of -5.5%.
Frequently Asked Questions
OKTA and TEAM have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEAM has higher volatility (23.98%) compared to OKTA (15.99%). In terms of maximum drawdown, OKTA dropped -84.57% vs TEAM's -87.53%.
OKTA currently has the higher Sharpe Ratio (0.80 vs -0.70), 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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