AZPN vs. FFIV

Last updated Jun 4, 2026

AZPN (Aspen Technology, Inc.) and FFIV (F5 Networks, Inc.) are both stocks. Both are in the Technology sector — AZPN in Software - Application, FFIV in Software - Infrastructure. At a 0.31 correlation, their price movements are largely independent.

Performance

AZPN vs. FFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aspen Technology, Inc. (AZPN) and F5 Networks, Inc. (FFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AZPN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FFIV

• 1D: -0.85%
• 1M: 22.95%
• YTD: 58.92%
• 6M: 68.58%
• 1Y: 39.57%
• 3Y*: 40.34%
• 5Y*: 16.53%
• 10Y*: 13.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AZPN vs. FFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AZPN Aspen Technology, Inc.	0.00%	5.89%	13.39%	7.18%	34.95%	16.85%	7.71%	47.15%	24.14%	21.07%
FFIV F5 Networks, Inc.	58.92%	1.51%	40.50%	24.72%	-41.36%	39.09%	25.99%	-13.81%	23.48%	-9.33%

Correlation

The correlation between AZPN and FFIV is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jun 7, 1999	0.31

The correlation between AZPN and FFIV shifts across timeframes, from 0.24 (3 years) to 0.37 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) AZPN : $1.14B FFIV : $2.41B
Gross Profit (TTM) AZPN : $626.06M FFIV : $2.63B
EBITDA (TTM) AZPN : $332.95M FFIV : $889.95M

Return for Risk

AZPN vs. FFIV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFIV

FFIV Risk / Return Rank: 68
FFIV Sharpe Ratio Rank: 76
FFIV Sortino Ratio Rank: 69
FFIV Omega Ratio Rank: 70
FFIV Calmar Ratio Rank: 63
FFIV Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AZPN vs. FFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aspen Technology, Inc. (AZPN) and F5 Networks, Inc. (FFIV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AZPN	FFIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.20	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.27	—

Drawdowns

Drawdown Indicators

	AZPN	FFIV	Difference
Max Drawdown Largest peak-to-trough decline	—	-97.59%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-34.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-47.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-54.59%	—
Current Drawdown Current decline from peak	—	-0.85%	—
Average Drawdown Average peak-to-trough decline	—	-40.21%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	15.76%	—

Volatility

Volatility by Period

	AZPN	FFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	33.26%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	29.99%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	29.82%	—

Dividends

AZPN vs. FFIV - Dividend Comparison

Neither AZPN nor FFIV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both AZPN and FFIV in my portfolio?

AZPN and FFIV have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.