PCTY vs. EXEL
PCTY (Paylocity Holding Corporation) and EXEL (Exelixis, Inc.) are both stocks. PCTY operates in Software - Application (Technology), while EXEL operates in Biotechnology (Healthcare). Over the past 10 years, PCTY returned 10.51%/yr vs 21.91%/yr for EXEL. At a 0.27 correlation, their price movements are largely independent.
Performance
PCTY vs. EXEL - Performance Comparison
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Returns By Period
In the year-to-date period, PCTY achieves a -28.63% return, which is significantly lower than EXEL's 21.22% return. Over the past 10 years, PCTY has underperformed EXEL with an annualized return of 10.51%, while EXEL has yielded a comparatively higher 21.91% annualized return.
PCTY
- 1D
- 0.56%
- 1M
- 4.42%
- YTD
- -28.63%
- 6M
- -27.87%
- 1Y
- -40.19%
- 3Y*
- -17.24%
- 5Y*
- -9.20%
- 10Y*
- 10.51%
EXEL
- 1D
- -0.69%
- 1M
- 3.59%
- YTD
- 21.22%
- 6M
- 29.97%
- 1Y
- 27.17%
- 3Y*
- 40.39%
- 5Y*
- 18.25%
- 10Y*
- 21.91%
PCTY vs. EXEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCTY Paylocity Holding Corporation | -28.63% | -23.55% | 21.00% | -15.14% | -17.74% | 14.69% | 70.43% | 100.66% | 27.67% | 57.15% |
EXEL Exelixis, Inc. | 21.22% | 31.62% | 38.81% | 49.56% | -12.25% | -8.92% | 13.90% | -10.42% | -35.30% | 103.89% |
Correlation
The correlation between PCTY and EXEL is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2014 | 0.27 |
Over the past year, the correlation between PCTY and EXEL has dropped to 0.05 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
PCTY:
$5.99B
EXEL:
$14.20B
PCTY:
$4.64
EXEL:
$3.00
PCTY:
23.46
EXEL:
17.72
PCTY:
0.69
EXEL:
0.31
PCTY:
3.50
EXEL:
6.22
PCTY:
5.07
EXEL:
7.34
PCTY:
$1.73B
EXEL:
$2.38B
PCTY:
$1.20B
EXEL:
$1.70B
PCTY:
$394.81M
EXEL:
$991.79M
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Return for Risk
PCTY vs. EXEL — Risk / Return Rank
PCTY
EXEL
PCTY vs. EXEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Paylocity Holding Corporation (PCTY) and Exelixis, Inc. (EXEL). 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.
| PCTY | EXEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.16 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 1.08 | -1.89 |
| Martin ratioReturn relative to average drawdown | -1.38 | 2.61 | -3.99 |
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Drawdowns
PCTY vs. EXEL - Drawdown Comparison
The maximum PCTY drawdown since its inception was -68.90%, smaller than the maximum EXEL drawdown of -97.38%. Use the drawdown chart below to compare losses from any high point for PCTY and EXEL.
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Drawdown Indicators
| PCTY | EXEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.90% | -97.38% | +28.48% |
Max Drawdown (1Y)Largest decline over 1 year | -50.04% | -25.16% | -24.88% |
Max Drawdown (3Y)Largest decline over 3 years | -58.08% | -25.34% | -32.74% |
Max Drawdown (5Y)Largest decline over 5 years | -68.90% | -36.12% | -32.78% |
Max Drawdown (10Y)Largest decline over 10 years | -68.90% | -57.20% | -11.70% |
Current DrawdownCurrent decline from peak | -64.40% | -0.69% | -63.71% |
Average DrawdownAverage peak-to-trough decline | -23.48% | -71.03% | +47.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.16% | 10.42% | +18.74% |
Volatility
PCTY vs. EXEL - Volatility Comparison
Paylocity Holding Corporation (PCTY) has a higher volatility of 12.71% compared to Exelixis, Inc. (EXEL) at 9.96%. This indicates that PCTY's price experiences larger fluctuations and is considered to be riskier than EXEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCTY | EXEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.71% | 9.96% | +2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 31.99% | 25.50% | +6.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.29% | 40.27% | -2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.69% | 37.16% | +3.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.76% | 44.47% | -2.71% |
Dividends
PCTY vs. EXEL - Dividend Comparison
Neither PCTY nor EXEL has paid dividends to shareholders.
Financials
PCTY vs. EXEL - Financials Comparison
This section allows you to compare key financial metrics between Paylocity Holding Corporation and Exelixis, 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
PCTY vs. EXEL - Profitability Comparison
PCTY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Paylocity Holding Corporation reported a gross profit of 363.19M and revenue of 502.29M. Therefore, the gross margin over that period was 72.3%.
EXEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Exelixis, Inc. reported a gross profit of 0.00 and revenue of 610.81M. Therefore, the gross margin over that period was 0.0%.
PCTY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Paylocity Holding Corporation reported an operating income of 156.76M and revenue of 502.29M, resulting in an operating margin of 31.2%.
EXEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Exelixis, Inc. reported an operating income of 251.34M and revenue of 610.81M, resulting in an operating margin of 41.2%.
PCTY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Paylocity Holding Corporation reported a net income of 111.25M and revenue of 502.29M, resulting in a net margin of 22.2%.
EXEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Exelixis, Inc. reported a net income of 210.47M and revenue of 610.81M, resulting in a net margin of 34.5%.
Frequently Asked Questions
PCTY and EXEL have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCTY has higher volatility (12.71%) compared to EXEL (9.96%). In terms of maximum drawdown, PCTY dropped -68.90% vs EXEL's -97.38%.
EXEL currently has the higher Sharpe Ratio (0.68 vs -1.08), 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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