PAY vs. ENV

Last updated Jun 9, 2026

PAY (Paymentus Holdings, Inc.) and ENV (Envestnet, Inc.) are both stocks. Both are in the Technology sector — PAY in Information Technology Services, ENV in Software - Application. At a 0.27 correlation, their price movements are largely independent.

Performance

PAY vs. ENV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Paymentus Holdings, Inc. (PAY) and Envestnet, Inc. (ENV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PAY

• 1D: -1.77%
• 1M: -22.94%
• YTD: -35.01%
• 6M: -41.44%
• 1Y: -43.69%
• 3Y*: 27.05%
• 5Y*: -6.18%
• 10Y*: —

ENV

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

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

PAY vs. ENV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PAY Paymentus Holdings, Inc.	-35.01%	-3.31%	82.82%	123.10%	-77.10%	22.26%
ENV Envestnet, Inc.	0.00%	0.00%	27.50%	-19.74%	-22.23%	12.78%

Correlation

The correlation between PAY and ENV is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since May 27, 2021	0.27

The correlation between PAY and ENV shifts across timeframes, from 0.15 (3 years) to 0.27 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) PAY : $1.28B ENV : $1.34B
Gross Profit (TTM) PAY : $316.55M ENV : $911.20M
EBITDA (TTM) PAY : $121.90M ENV : -$92.97M

Return for Risk

PAY vs. ENV — Risk / Return Rank

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

PAY

PAY Risk / Return Rank: 6
PAY Sharpe Ratio Rank: 8
PAY Sortino Ratio Rank: 8
PAY Omega Ratio Rank: 9
PAY Calmar Ratio Rank: 5
PAY Martin Ratio Rank: 2

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.

PAY vs. ENV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Paymentus Holdings, Inc. (PAY) and Envestnet, Inc. (ENV). 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.

	PAY	ENV	Difference
Sharpe ratio: Return per unit of total volatility	-0.85	—	—
Sortino ratio: Return per unit of downside risk	-1.29	—	—
Omega ratio: Gain probability vs. loss probability	0.84	—	—
Calmar ratio: Return relative to maximum drawdown	-0.93	—	—
Martin ratio: Return relative to average drawdown	-1.75	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PAY	ENV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.85	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	—	—

Drawdowns

Drawdown Indicators

	PAY	ENV	Difference
Max Drawdown Largest peak-to-trough decline	-80.78%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-47.26%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-48.47%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-80.78%	—	—
Current Drawdown Current decline from peak	-48.47%	—	—
Average Drawdown Average peak-to-trough decline	-41.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	25.08%	—	—

Volatility

Volatility by Period

	PAY	ENV	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	51.44%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.36%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.58%	—	—

Dividends

PAY vs. ENV - Dividend Comparison

Neither PAY nor ENV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PAY and ENV in my portfolio?

PAY and ENV have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.