AKAM vs. DOCN
AKAM (Akamai Technologies, Inc.) and DOCN (DigitalOcean Holdings, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 5 years, AKAM returned 3.79%/yr vs 33.03%/yr for DOCN. At a 0.44 correlation, their price movements are largely independent.
Performance
AKAM vs. DOCN - Performance Comparison
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Returns By Period
In the year-to-date period, AKAM achieves a 62.60% return, which is significantly lower than DOCN's 251.87% return.
AKAM
- 1D
- -4.99%
- 1M
- -3.95%
- YTD
- 62.60%
- 6M
- 66.28%
- 1Y
- 84.17%
- 3Y*
- 15.33%
- 5Y*
- 3.79%
- 10Y*
- 10.40%
DOCN
- 1D
- -0.32%
- 1M
- 3.28%
- YTD
- 251.87%
- 6M
- 242.13%
- 1Y
- 491.41%
- 3Y*
- 56.88%
- 5Y*
- 33.03%
- 10Y*
- —
AKAM vs. DOCN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
AKAM Akamai Technologies, Inc. | 62.60% | -8.78% | -19.18% | 40.39% | -27.97% | 18.96% |
DOCN DigitalOcean Holdings, Inc. | 251.87% | 41.24% | -7.14% | 44.05% | -68.29% | 89.01% |
Correlation
The correlation between AKAM and DOCN is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021 | 0.44 |
The correlation between AKAM and DOCN has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.
Fundamentals
AKAM:
$21.28B
DOCN:
$18.95B
AKAM:
$2.95
DOCN:
$2.42
AKAM:
48.03
DOCN:
70.07
AKAM:
4.90
DOCN:
18.78
AKAM:
4.34
DOCN:
21.35
AKAM:
$4.27B
DOCN:
$948.63M
AKAM:
$2.44B
DOCN:
$554.86M
AKAM:
$1.14B
DOCN:
$373.00M
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Return for Risk
AKAM vs. DOCN — Risk / Return Rank
AKAM
DOCN
AKAM vs. DOCN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Akamai Technologies, Inc. (AKAM) and DigitalOcean Holdings, Inc. (DOCN). 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.
| AKAM | DOCN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.51 | ||
| Sortino ratioReturn per unit of downside risk | -3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.65 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.33 | 20.56 | -17.23 |
| Martin ratioReturn relative to average drawdown | 11.38 | 61.65 | -50.27 |
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
| AKAM | DOCN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 6.08 | -4.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.47 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | 0.43 | -0.43 |
Drawdowns
AKAM vs. DOCN - Drawdown Comparison
The maximum AKAM drawdown since its inception was -99.80%, which is greater than DOCN's maximum drawdown of -84.78%. Use the drawdown chart below to compare losses from any high point for AKAM and DOCN.
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Drawdown Indicators
| AKAM | DOCN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.80% | -84.78% | -15.02% |
Max Drawdown (1Y)Largest decline over 1 year | -25.44% | -24.11% | -1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -46.84% | -60.28% | +13.44% |
Max Drawdown (5Y)Largest decline over 5 years | -46.84% | -84.78% | +37.94% |
Max Drawdown (10Y)Largest decline over 10 years | -46.84% | — | — |
Current DrawdownCurrent decline from peak | -56.69% | -6.19% | -50.50% |
Average DrawdownAverage peak-to-trough decline | -82.62% | -59.09% | -23.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.42% | 8.02% | -0.60% |
Volatility
AKAM vs. DOCN - Volatility Comparison
Akamai Technologies, Inc. (AKAM) has a higher volatility of 28.96% compared to DigitalOcean Holdings, Inc. (DOCN) at 20.16%. This indicates that AKAM's price experiences larger fluctuations and is considered to be riskier than DOCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AKAM | DOCN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.96% | 20.16% | +8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 47.61% | 61.12% | -13.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.98% | 81.71% | -27.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.51% | 71.33% | -34.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.45% | 70.69% | -36.24% |
Dividends
AKAM vs. DOCN - Dividend Comparison
Neither AKAM nor DOCN has paid dividends to shareholders.
Financials
AKAM vs. DOCN - Financials Comparison
This section allows you to compare key financial metrics between Akamai Technologies, Inc. and DigitalOcean Holdings, 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
AKAM vs. DOCN - Profitability Comparison
AKAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported a gross profit of 602.31M and revenue of 1.07B. Therefore, the gross margin over that period was 56.1%.
DOCN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DigitalOcean Holdings, Inc. reported a gross profit of 144.71M and revenue of 257.91M. Therefore, the gross margin over that period was 56.1%.
AKAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported an operating income of 114.49M and revenue of 1.07B, resulting in an operating margin of 10.7%.
DOCN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DigitalOcean Holdings, Inc. reported an operating income of 36.57M and revenue of 257.91M, resulting in an operating margin of 14.2%.
AKAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported a net income of 106.32M and revenue of 1.07B, resulting in a net margin of 9.9%.
DOCN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DigitalOcean Holdings, Inc. reported a net income of 33.22M and revenue of 257.91M, resulting in a net margin of 12.9%.
Frequently Asked Questions
AKAM and DOCN have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AKAM has higher volatility (28.96%) compared to DOCN (20.16%). In terms of maximum drawdown, AKAM dropped -99.80% vs DOCN's -84.78%.
DOCN currently has the higher Sharpe Ratio (6.08 vs 1.57), 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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