RELY vs. SOFI

Last updated Jun 9, 2026

RELY (Remitly Global, Inc.) and SOFI (SoFi Technologies, Inc.) are both stocks. RELY operates in Software - Infrastructure (Technology), while SOFI operates in Credit Services (Financial Services). Over the past 3 years, RELY returned -1.32%/yr vs 26.35%/yr for SOFI. At a 0.44 correlation, their price movements are largely independent.

Performance

RELY vs. SOFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Remitly Global, Inc. (RELY) and SoFi Technologies, Inc. (SOFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RELY achieves a 33.70% return, which is significantly higher than SOFI's -36.97% return.

RELY

• 1D: -1.70%
• 1M: -23.22%
• YTD: 33.70%
• 6M: 36.57%
• 1Y: -14.35%
• 3Y*: -1.32%
• 5Y*: —
• 10Y*: —

SOFI

• 1D: 2.93%
• 1M: 4.76%
• YTD: -36.97%
• 6M: -40.24%
• 1Y: 15.87%
• 3Y*: 26.35%
• 5Y*: -6.19%
• 10Y*: —

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

RELY vs. SOFI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RELY Remitly Global, Inc.	33.70%	-38.86%	16.22%	69.61%	-44.47%	-57.44%
SOFI SoFi Technologies, Inc.	-36.97%	70.00%	54.77%	115.84%	-70.84%	-7.76%

Correlation

The correlation between RELY and SOFI is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.44

Over the past year, the correlation between RELY and SOFI has dropped to 0.19 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.

Fundamentals

Market Cap RELY : $4.00B SOFI : $22.74B
EPS RELY : $0.49 SOFI : $0.44
PE Ratio RELY : 37.94 SOFI : 37.17
PS Ratio RELY : 2.32 SOFI : 4.53
PB Ratio RELY : 4.41 SOFI : 2.10
Total Revenue (TTM) RELY : $1.73B SOFI : $4.73B
Gross Profit (TTM) RELY : $753.03M SOFI : $3.39B
EBITDA (TTM) RELY : $142.85M SOFI : $1.40B

Return for Risk

RELY vs. SOFI — Risk / Return Rank

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

RELY

RELY Risk / Return Rank: 31
RELY Sharpe Ratio Rank: 31
RELY Sortino Ratio Rank: 31
RELY Omega Ratio Rank: 31
RELY Calmar Ratio Rank: 31
RELY Martin Ratio Rank: 31

SOFI

SOFI Risk / Return Rank: 50
SOFI Sharpe Ratio Rank: 52
SOFI Sortino Ratio Rank: 50
SOFI Omega Ratio Rank: 48
SOFI Calmar Ratio Rank: 50
SOFI Martin Ratio Rank: 49

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.

RELY vs. SOFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) and SoFi Technologies, Inc. (SOFI). 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.

	RELY	SOFI	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	0.28	-0.54
Sortino ratio: Return per unit of downside risk	0.00	0.76	-0.76
Omega ratio: Gain probability vs. loss probability	1.00	1.09	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.35	0.30	-0.65
Martin ratio: Return relative to average drawdown	-0.63	0.56	-1.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RELY vs. SOFI - Sharpe Ratio Comparison

The current RELY Sharpe Ratio is -0.26, which is lower than the SOFI Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of RELY and SOFI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RELY	SOFI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.26	0.28	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.32	0.12	-0.44

Drawdowns

RELY vs. SOFI - Drawdown Comparison

The maximum RELY drawdown since its inception was -85.80%, roughly equal to the maximum SOFI drawdown of -83.32%. Use the drawdown chart below to compare losses from any high point for RELY and SOFI.

Drawdown Indicators

	RELY	SOFI	Difference
Max Drawdown Largest peak-to-trough decline	-85.80%	-83.32%	-2.48%
Max Drawdown (1Y) Largest decline over 1 year	-40.89%	-52.96%	+12.07%
Max Drawdown (3Y) Largest decline over 3 years	-57.92%	-52.96%	-4.96%
Max Drawdown (5Y) Largest decline over 5 years	—	-81.54%	—
Current Drawdown Current decline from peak	-61.92%	-48.77%	-13.15%
Average Drawdown Average peak-to-trough decline	-64.50%	-51.23%	-13.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.50%	28.21%	-2.71%

Volatility

RELY vs. SOFI - Volatility Comparison

The current volatility for Remitly Global, Inc. (RELY) is 13.97%, while SoFi Technologies, Inc. (SOFI) has a volatility of 17.24%. This indicates that RELY experiences smaller price fluctuations and is considered to be less risky than SOFI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RELY	SOFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.97%	17.24%	-3.27%
Volatility (6M) Calculated over the trailing 6-month period	38.48%	38.62%	-0.14%
Volatility (1Y) Calculated over the trailing 1-year period	55.84%	56.53%	-0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.08%	66.71%	-7.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.08%	71.97%	-12.89%

Dividends

RELY vs. SOFI - Dividend Comparison

Neither RELY nor SOFI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

RELY vs. SOFI - Profitability Comparison

The chart below illustrates the profitability comparison between Remitly Global, Inc. and SoFi Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RELY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a gross profit of 0.00 and revenue of 452.80M. Therefore, the gross margin over that period was 0.0%.

SOFI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SoFi Technologies, Inc. reported a gross profit of 880.26M and revenue of 1.00B. Therefore, the gross margin over that period was 87.9%.

RELY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported an operating income of 53.74M and revenue of 452.80M, resulting in an operating margin of 11.9%.

SOFI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SoFi Technologies, Inc. reported an operating income of 159.46M and revenue of 1.00B, resulting in an operating margin of 15.9%.

RELY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Remitly Global, Inc. reported a net income of 49.05M and revenue of 452.80M, resulting in a net margin of 10.8%.

SOFI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SoFi Technologies, Inc. reported a net income of 166.73M and revenue of 1.00B, resulting in a net margin of 16.7%.

Frequently Asked Questions

Can I hold both RELY and SOFI in my portfolio?

RELY and SOFI have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RELY or SOFI?

SOFI has higher volatility (17.24%) compared to RELY (13.97%). In terms of maximum drawdown, RELY dropped -85.80% vs SOFI's -83.32%.

Which has better risk-adjusted returns?

SOFI currently has the higher Sharpe Ratio (0.28 vs -0.26), 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.