TEAM vs. OKTA
TEAM (Atlassian Corporation Plc) and OKTA (Okta, Inc.) are both stocks. Both are in the Technology sector — TEAM in Software - Application, OKTA in Software - Infrastructure. Over the past 5 years, TEAM returned -21.46%/yr vs -13.72%/yr for OKTA. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
TEAM vs. OKTA - Performance Comparison
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Returns By Period
In the year-to-date period, TEAM achieves a -50.68% return, which is significantly lower than OKTA's 34.08% return.
TEAM
- 1D
- -3.34%
- 1M
- -6.39%
- YTD
- -50.68%
- 6M
- -51.38%
- 1Y
- -57.81%
- 3Y*
- -21.04%
- 5Y*
- -21.46%
- 10Y*
- 11.93%
OKTA
- 1D
- -1.59%
- 1M
- 25.69%
- YTD
- 34.08%
- 6M
- 27.49%
- 1Y
- 16.62%
- 3Y*
- 18.74%
- 5Y*
- -13.72%
- 10Y*
- —
TEAM vs. OKTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEAM Atlassian Corporation Plc | -50.68% | -33.38% | 2.32% | 84.85% | -66.25% | 63.04% | 94.34% | 35.24% | 95.47% | 45.34% |
OKTA Okta, Inc. | 34.08% | 9.73% | -12.96% | 32.49% | -69.52% | -11.83% | 120.39% | 80.83% | 149.12% | 7.83% |
Correlation
The correlation between TEAM and OKTA is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2017 | 0.59 |
The correlation between TEAM and OKTA has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
Fundamentals
TEAM:
$21.00B
OKTA:
$20.60B
TEAM:
-$0.82
OKTA:
$0.96
TEAM:
3.40
OKTA:
9.33
TEAM:
23.89
OKTA:
2.99K
TEAM:
$6.19B
OKTA:
$2.23B
TEAM:
$5.20B
OKTA:
$1.73B
TEAM:
-$227.46M
OKTA:
$235.06M
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Return for Risk
TEAM vs. OKTA — Risk / Return Rank
TEAM
OKTA
TEAM vs. OKTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlassian Corporation Plc (TEAM) 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.
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.
| TEAM | OKTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -2.48 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.11 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 0.44 | -1.22 |
| Martin ratioReturn relative to average drawdown | -1.30 | 1.04 | -2.34 |
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Drawdowns
TEAM vs. OKTA - Drawdown Comparison
The maximum TEAM drawdown since its inception was -87.53%, roughly equal to the maximum OKTA drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for TEAM and OKTA.
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Drawdown Indicators
| TEAM | OKTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.53% | -84.57% | -2.96% |
Max Drawdown (1Y)Largest decline over 1 year | -74.13% | -37.75% | -36.38% |
Max Drawdown (3Y)Largest decline over 3 years | -82.30% | -50.57% | -31.73% |
Max Drawdown (5Y)Largest decline over 5 years | -87.53% | -83.43% | -4.10% |
Max Drawdown (10Y)Largest decline over 10 years | -87.53% | — | — |
Current DrawdownCurrent decline from peak | -82.55% | -60.26% | -22.29% |
Average DrawdownAverage peak-to-trough decline | -29.92% | -38.32% | +8.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.53% | 16.00% | +28.53% |
Volatility
TEAM vs. OKTA - Volatility Comparison
The current volatility for Atlassian Corporation Plc (TEAM) is 23.52%, while Okta, Inc. (OKTA) has a volatility of 33.15%. This indicates that TEAM 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
| TEAM | OKTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.52% | 33.15% | -9.63% |
Volatility (6M)Calculated over the trailing 6-month period | 55.26% | 48.26% | +7.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.27% | 54.95% | +9.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.72% | 57.52% | +3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.67% | 53.96% | -2.29% |
Dividends
TEAM vs. OKTA - Dividend Comparison
Neither TEAM nor OKTA has paid dividends to shareholders.
Financials
TEAM vs. OKTA - Financials Comparison
This section allows you to compare key financial metrics between Atlassian Corporation Plc 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
TEAM vs. OKTA - Profitability Comparison
TEAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Atlassian Corporation Plc reported a gross profit of 1.52B and revenue of 1.79B. Therefore, the gross margin over that period was 85.3%.
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%.
TEAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Atlassian Corporation Plc reported an operating income of -55.27M and revenue of 1.79B, resulting in an operating margin of -3.1%.
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%.
TEAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Atlassian Corporation Plc reported a net income of -98.39M and revenue of 1.79B, resulting in a net margin of -5.5%.
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
TEAM and OKTA have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKTA has higher volatility (33.15%) compared to TEAM (23.52%). In terms of maximum drawdown, TEAM dropped -87.53% vs OKTA's -84.57%.
OKTA currently has the higher Sharpe Ratio (0.30 vs -0.90), 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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