ASAN vs. ABNB
ASAN (Asana, Inc.) and ABNB (Airbnb, Inc.) are both stocks. ASAN operates in Software - Application (Technology), while ABNB operates in Travel Services (Consumer Cyclical). Over the past 5 years, ASAN returned -30.77%/yr vs -2.28%/yr for ABNB. At a 0.48 correlation, their price movements are largely independent.
Performance
ASAN vs. ABNB - Performance Comparison
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Returns By Period
In the year-to-date period, ASAN achieves a -46.10% return, which is significantly lower than ABNB's -2.53% return.
ASAN
- 1D
- -0.94%
- 1M
- 27.19%
- YTD
- -46.10%
- 6M
- -48.50%
- 1Y
- -43.97%
- 3Y*
- -33.31%
- 5Y*
- -30.77%
- 10Y*
- —
ABNB
- 1D
- 1.08%
- 1M
- -1.04%
- YTD
- -2.53%
- 6M
- 3.03%
- 1Y
- -2.41%
- 3Y*
- 1.93%
- 5Y*
- -2.28%
- 10Y*
- —
ASAN vs. ABNB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ASAN Asana, Inc. | -46.10% | -32.36% | 6.63% | 38.05% | -81.53% | 152.28% | 4.27% |
ABNB Airbnb, Inc. | -2.53% | 3.28% | -3.47% | 59.23% | -48.65% | 13.41% | 0.55% |
Correlation
The correlation between ASAN and ABNB is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020 | 0.48 |
The correlation between ASAN and ABNB shifts across timeframes, from 0.36 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ASAN:
$1.76B
ABNB:
$80.43B
ASAN:
-$0.69
ABNB:
$4.06
ASAN:
2.17
ABNB:
6.48
ASAN:
12.85
ABNB:
10.53
ASAN:
$808.63M
ABNB:
$12.65B
ASAN:
$715.69M
ABNB:
$10.49B
ASAN:
-$138.34M
ABNB:
$2.57B
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Return for Risk
ASAN vs. ABNB — Risk / Return Rank
ASAN
ABNB
ASAN vs. ABNB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Asana, Inc. (ASAN) and Airbnb, Inc. (ABNB). 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.
| ASAN | ABNB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.00 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.22 | -0.51 |
| Martin ratioReturn relative to average drawdown | -1.35 | -0.47 | -0.88 |
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Drawdowns
ASAN vs. ABNB - Drawdown Comparison
The maximum ASAN drawdown since its inception was -96.17%, which is greater than ABNB's maximum drawdown of -61.96%. Use the drawdown chart below to compare losses from any high point for ASAN and ABNB.
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Drawdown Indicators
| ASAN | ABNB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.17% | -61.96% | -34.21% |
Max Drawdown (1Y)Largest decline over 1 year | -64.43% | -21.54% | -42.89% |
Max Drawdown (3Y)Largest decline over 3 years | -80.16% | -37.16% | -43.00% |
Max Drawdown (5Y)Largest decline over 5 years | -96.17% | -60.19% | -35.98% |
Current DrawdownCurrent decline from peak | -94.82% | -39.00% | -55.82% |
Average DrawdownAverage peak-to-trough decline | -70.63% | -36.12% | -34.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.63% | 10.06% | +24.57% |
Volatility
ASAN vs. ABNB - Volatility Comparison
Asana, Inc. (ASAN) has a higher volatility of 27.13% compared to Airbnb, Inc. (ABNB) at 7.64%. This indicates that ASAN's price experiences larger fluctuations and is considered to be riskier than ABNB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASAN | ABNB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.13% | 7.64% | +19.49% |
Volatility (6M)Calculated over the trailing 6-month period | 48.20% | 22.25% | +25.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.08% | 29.05% | +30.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.16% | 43.76% | +35.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.00% | 45.93% | +31.07% |
Dividends
ASAN vs. ABNB - Dividend Comparison
Neither ASAN nor ABNB has paid dividends to shareholders.
Financials
ASAN vs. ABNB - Financials Comparison
This section allows you to compare key financial metrics between Asana, Inc. and Airbnb, 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
ASAN vs. ABNB - Profitability Comparison
ASAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Asana, Inc. reported a gross profit of 179.68M and revenue of 205.10M. Therefore, the gross margin over that period was 87.6%.
ABNB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Airbnb, Inc. reported a gross profit of 2.10B and revenue of 2.68B. Therefore, the gross margin over that period was 78.3%.
ASAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Asana, Inc. reported an operating income of -15.24M and revenue of 205.10M, resulting in an operating margin of -7.4%.
ABNB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Airbnb, Inc. reported an operating income of 86.00M and revenue of 2.68B, resulting in an operating margin of 3.2%.
ASAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Asana, Inc. reported a net income of -14.41M and revenue of 205.10M, resulting in a net margin of -7.0%.
ABNB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Airbnb, Inc. reported a net income of 160.00M and revenue of 2.68B, resulting in a net margin of 6.0%.
Frequently Asked Questions
ASAN and ABNB have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASAN has higher volatility (27.13%) compared to ABNB (7.64%). In terms of maximum drawdown, ASAN dropped -96.17% vs ABNB's -61.96%.
ABNB currently has the higher Sharpe Ratio (-0.16 vs -0.79), 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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