OMDA vs. PGY
OMDA (Omada Health, Inc) and PGY (Pagaya Technologies Ltd.) are both stocks. OMDA operates in Health Information Services (Healthcare), while PGY operates in Software - Infrastructure (Technology). Over the past year, OMDA returned 18.29% vs -18.30% for PGY. At a 0.30 correlation, their price movements are largely independent.
Performance
OMDA vs. PGY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OMDA achieves a 13.94% return, which is significantly higher than PGY's -27.80% return.
OMDA
- 1D
- 1.93%
- 1M
- 8.90%
- YTD
- 13.94%
- 6M
- 16.07%
- 1Y
- 18.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PGY
- 1D
- -3.39%
- 1M
- 18.26%
- YTD
- -27.80%
- 6M
- -35.24%
- 1Y
- -18.30%
- 3Y*
- 2.43%
- 5Y*
- —
- 10Y*
- —
OMDA vs. PGY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OMDA Omada Health, Inc | 13.94% | -31.39% |
PGY Pagaya Technologies Ltd. | -27.80% | 24.78% |
Correlation
The correlation between OMDA and PGY is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025 | 0.30 |
Fundamentals
OMDA:
-$0.08
PGY:
$1.06
OMDA:
3.80
PGY:
1.07
OMDA:
$205.25M
PGY:
$1.30B
OMDA:
$138.54M
PGY:
$396.55M
OMDA:
-$3.65M
PGY:
$180.28M
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
OMDA vs. PGY — Risk / Return Rank
OMDA
PGY
OMDA vs. PGY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Omada Health, Inc (OMDA) and Pagaya Technologies Ltd. (PGY). 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.
| OMDA | PGY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.03 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | -0.24 | +0.55 |
| Martin ratioReturn relative to average drawdown | 0.53 | -0.36 | +0.90 |
Loading charts...
Drawdowns
OMDA vs. PGY - Drawdown Comparison
The maximum OMDA drawdown since its inception was -59.15%, smaller than the maximum PGY drawdown of -98.09%. Use the drawdown chart below to compare losses from any high point for OMDA and PGY.
Loading charts...
Drawdown Indicators
| OMDA | PGY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.15% | -98.09% | +38.94% |
Max Drawdown (1Y)Largest decline over 1 year | -59.15% | -75.71% | +16.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -75.71% | — |
Current DrawdownCurrent decline from peak | -32.86% | -95.80% | +62.94% |
Average DrawdownAverage peak-to-trough decline | -30.42% | -92.12% | +61.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.44% | 50.31% | -15.87% |
Volatility
OMDA vs. PGY - Volatility Comparison
The current volatility for Omada Health, Inc (OMDA) is 14.91%, while Pagaya Technologies Ltd. (PGY) has a volatility of 22.84%. This indicates that OMDA experiences smaller price fluctuations and is considered to be less risky than PGY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OMDA | PGY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.91% | 22.84% | -7.93% |
Volatility (6M)Calculated over the trailing 6-month period | 41.54% | 56.12% | -14.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.04% | 80.38% | -22.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.68% | 144.33% | -80.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.68% | 144.33% | -80.65% |
Dividends
OMDA vs. PGY - Dividend Comparison
Neither OMDA nor PGY has paid dividends to shareholders.
Financials
OMDA vs. PGY - Financials Comparison
This section allows you to compare key financial metrics between Omada Health, Inc and Pagaya Technologies Ltd.. 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
Frequently Asked Questions
OMDA and PGY have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGY has higher volatility (22.84%) compared to OMDA (14.91%). In terms of maximum drawdown, OMDA dropped -59.15% vs PGY's -98.09%.
OMDA currently has the higher Sharpe Ratio (0.32 vs -0.23), 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 OMDA and PGY
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