XYZ vs. MANH
XYZ (Block, Inc) and MANH (Manhattan Associates, Inc.) are both stocks. Both are in the Technology sector — XYZ in Software - Infrastructure, MANH in Software - Application. Over the past 10 years, XYZ returned 23.45%/yr vs 9.28%/yr for MANH. At a 0.44 correlation, their price movements are largely independent.
Performance
XYZ vs. MANH - Performance Comparison
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Returns By Period
In the year-to-date period, XYZ achieves a 18.76% return, which is significantly higher than MANH's -10.62% return. Over the past 10 years, XYZ has outperformed MANH with an annualized return of 23.45%, while MANH has yielded a comparatively lower 9.28% annualized return.
XYZ
- 1D
- -0.15%
- 1M
- 11.88%
- 6M
- 11.14%
- YTD
- 18.76%
- 1Y
- 18.67%
- 3Y*
- 2.83%
- 5Y*
- -20.40%
- 10Y*
- 23.45%
MANH
- 1D
- -1.10%
- 1M
- 10.41%
- 6M
- -11.81%
- YTD
- -10.62%
- 1Y
- -21.03%
- 3Y*
- -7.74%
- 5Y*
- 0.96%
- 10Y*
- 9.28%
XYZ vs. MANH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XYZ Block, Inc | 18.76% | -23.41% | 9.88% | 23.09% | -61.09% | -25.79% | 247.89% | 11.54% | 61.78% | 154.37% |
MANH Manhattan Associates, Inc. | -10.62% | -35.87% | 25.51% | 77.36% | -21.92% | 47.83% | 31.89% | 88.22% | -14.47% | -6.58% |
Correlation
The correlation between XYZ and MANH is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2015 | 0.44 |
The correlation between XYZ and MANH has been stable across timeframes, ranging from 0.42 to 0.52 - a consistent structural relationship.
Fundamentals
XYZ:
$46.01B
MANH:
$9.16B
XYZ:
$1.31
MANH:
$3.58
XYZ:
58.91
MANH:
43.29
XYZ:
0.01
MANH:
2.06
XYZ:
1.94
MANH:
8.52
XYZ:
2.13
MANH:
45.33
XYZ:
$24.48B
MANH:
$1.10B
XYZ:
$11.01B
MANH:
$456.06M
XYZ:
$2.42B
MANH:
$297.27M
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Return for Risk
XYZ vs. MANH — Risk / Return Rank
XYZ
MANH
XYZ vs. MANH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Block, Inc (XYZ) and Manhattan Associates, Inc. (MANH). 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.
| XYZ | MANH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.93 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.32 | -0.48 | +0.80 |
| Martin ratioReturn relative to average drawdown | 0.72 | -0.78 | +1.51 |
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Drawdowns
XYZ vs. MANH - Drawdown Comparison
The maximum XYZ drawdown since its inception was -86.08%, roughly equal to the maximum MANH drawdown of -87.04%. Use the drawdown chart below to compare losses from any high point for XYZ and MANH.
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Drawdown Indicators
| XYZ | MANH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.08% | -87.04% | +0.96% |
Max Drawdown (1Y)Largest decline over 1 year | -39.48% | -46.97% | +7.49% |
Max Drawdown (3Y)Largest decline over 3 years | -52.96% | -60.98% | +8.02% |
Max Drawdown (5Y)Largest decline over 5 years | -86.08% | -60.98% | -25.10% |
Max Drawdown (10Y)Largest decline over 10 years | -86.08% | -60.98% | -25.10% |
Current DrawdownCurrent decline from peak | -72.57% | -50.00% | -22.57% |
Average DrawdownAverage peak-to-trough decline | -41.27% | -39.52% | -1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.24% | 28.73% | -11.49% |
Volatility
XYZ vs. MANH - Volatility Comparison
The current volatility for Block, Inc (XYZ) is 12.37%, while Manhattan Associates, Inc. (MANH) has a volatility of 13.69%. This indicates that XYZ experiences smaller price fluctuations and is considered to be less risky than MANH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XYZ | MANH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.37% | 13.69% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 36.69% | 34.65% | +2.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.59% | 40.27% | +7.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.07% | 38.51% | +21.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.70% | 39.55% | +17.15% |
Dividends
XYZ vs. MANH - Dividend Comparison
Neither XYZ nor MANH has paid dividends to shareholders.
Financials
XYZ vs. MANH - Financials Comparison
This section allows you to compare key financial metrics between Block, Inc and Manhattan Associates, 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
XYZ vs. MANH - Profitability Comparison
XYZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Block, Inc reported a gross profit of 2.91B and revenue of 6.06B. Therefore, the gross margin over that period was 48.0%.
MANH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Manhattan Associates, Inc. reported a gross profit of 0.00 and revenue of 282.22M. Therefore, the gross margin over that period was 0.0%.
XYZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Block, Inc reported an operating income of -171.99M and revenue of 6.06B, resulting in an operating margin of -2.8%.
MANH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Manhattan Associates, Inc. reported an operating income of 64.94M and revenue of 282.22M, resulting in an operating margin of 23.0%.
XYZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Block, Inc reported a net income of -308.68M and revenue of 6.06B, resulting in a net margin of -5.1%.
MANH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Manhattan Associates, Inc. reported a net income of 49.30M and revenue of 282.22M, resulting in a net margin of 17.5%.
Frequently Asked Questions
XYZ and MANH have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MANH has higher volatility (13.69%) compared to XYZ (12.37%). In terms of maximum drawdown, XYZ dropped -86.08% vs MANH's -87.04%.
XYZ currently has the higher Sharpe Ratio (0.26 vs -0.56), 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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