SPT vs. OKTA
SPT (Sprout Social, Inc.) and OKTA (Okta, Inc.) are both stocks. Both are in the Technology sector — SPT in Software - Application, OKTA in Software - Infrastructure. Over the past 5 years, SPT returned -36.49%/yr vs -10.19%/yr for OKTA. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
SPT vs. OKTA - Performance Comparison
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Returns By Period
In the year-to-date period, SPT achieves a -35.76% return, which is significantly lower than OKTA's 44.15% return.
SPT
- 1D
- -8.82%
- 1M
- 7.26%
- YTD
- -35.76%
- 6M
- -30.38%
- 1Y
- -67.25%
- 3Y*
- -44.93%
- 5Y*
- -36.49%
- 10Y*
- —
OKTA
- 1D
- -7.89%
- 1M
- 61.38%
- YTD
- 44.15%
- 6M
- 44.37%
- 1Y
- 20.34%
- 3Y*
- 19.07%
- 5Y*
- -10.19%
- 10Y*
- —
SPT vs. OKTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SPT Sprout Social, Inc. | -35.76% | -63.30% | -50.02% | 8.82% | -37.74% | 99.71% | 182.93% | -3.31% |
OKTA Okta, Inc. | 44.15% | 9.73% | -12.96% | 32.49% | -69.52% | -11.83% | 120.39% | -1.13% |
Correlation
The correlation between SPT and OKTA is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2019 | 0.55 |
The correlation between SPT and OKTA has been stable across timeframes, ranging from 0.51 to 0.58 - a consistent structural relationship.
Fundamentals
SPT:
$432.49M
OKTA:
$22.15B
SPT:
-$0.65
OKTA:
$0.96
SPT:
0.91
OKTA:
10.03
SPT:
2.01
OKTA:
3.21K
SPT:
$469.76M
OKTA:
$2.23B
SPT:
$363.91M
OKTA:
$1.73B
SPT:
-$26.14M
OKTA:
$235.06M
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Return for Risk
SPT vs. OKTA — Risk / Return Rank
SPT
OKTA
SPT vs. OKTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprout Social, Inc. (SPT) and Okta, Inc. (OKTA). 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.
| SPT | OKTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -3.08 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.13 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.87 | 0.51 | -1.37 |
| Martin ratioReturn relative to average drawdown | -1.25 | 1.09 | -2.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPT | OKTA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.16 | 0.38 | -1.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | -0.18 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.17 | 0.37 | -0.54 |
Drawdowns
SPT vs. OKTA - Drawdown Comparison
The maximum SPT drawdown since its inception was -96.54%, which is greater than OKTA's maximum drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for SPT and OKTA.
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Drawdown Indicators
| SPT | OKTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.54% | -84.57% | -11.97% |
Max Drawdown (1Y)Largest decline over 1 year | -77.78% | -40.41% | -37.37% |
Max Drawdown (3Y)Largest decline over 3 years | -92.46% | -50.57% | -41.89% |
Max Drawdown (5Y)Largest decline over 5 years | -96.54% | -83.43% | -13.11% |
Current DrawdownCurrent decline from peak | -94.98% | -57.28% | -37.70% |
Average DrawdownAverage peak-to-trough decline | -53.25% | -38.22% | -15.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 53.65% | 18.73% | +34.92% |
Volatility
SPT vs. OKTA - Volatility Comparison
The current volatility for Sprout Social, Inc. (SPT) is 25.99%, while Okta, Inc. (OKTA) has a volatility of 32.40%. This indicates that SPT experiences smaller price fluctuations and is considered to be less risky than OKTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPT | OKTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.99% | 32.40% | -6.41% |
Volatility (6M)Calculated over the trailing 6-month period | 48.02% | 47.90% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.13% | 54.39% | +3.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.63% | 57.46% | +10.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.78% | 54.03% | +15.75% |
Dividends
SPT vs. OKTA - Dividend Comparison
Neither SPT nor OKTA has paid dividends to shareholders.
Financials
SPT vs. OKTA - Financials Comparison
This section allows you to compare key financial metrics between Sprout Social, Inc. and Okta, 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
SPT vs. OKTA - Profitability Comparison
SPT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sprout Social, Inc. reported a gross profit of 93.51M and revenue of 121.50M. Therefore, the gross margin over that period was 77.0%.
OKTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
SPT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sprout Social, Inc. reported an operating income of -5.85M and revenue of 121.50M, resulting in an operating margin of -4.8%.
OKTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported an operating income of 56.00K and revenue of 765.00K, resulting in an operating margin of 7.3%.
SPT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sprout Social, Inc. reported a net income of -6.34M and revenue of 121.50M, resulting in a net margin of -5.2%.
OKTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Okta, Inc. reported a net income of 74.00K and revenue of 765.00K, resulting in a net margin of 9.7%.
Frequently Asked Questions
SPT and OKTA have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKTA has higher volatility (32.40%) compared to SPT (25.99%). In terms of maximum drawdown, SPT dropped -96.54% vs OKTA's -84.57%.
OKTA currently has the higher Sharpe Ratio (0.38 vs -1.16), 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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