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CFLT vs. NET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CFLT and NET is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

CFLT vs. NET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Confluent, Inc. (CFLT) and Cloudflare, Inc. (NET). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CFLT:

-0.51

NET:

1.57

Sortino Ratio

CFLT:

-0.16

NET:

2.21

Omega Ratio

CFLT:

0.98

NET:

1.29

Calmar Ratio

CFLT:

-0.32

NET:

1.14

Martin Ratio

CFLT:

-0.97

NET:

4.90

Ulcer Index

CFLT:

26.67%

NET:

16.01%

Daily Std Dev

CFLT:

65.97%

NET:

51.72%

Max Drawdown

CFLT:

-82.61%

NET:

-82.58%

Current Drawdown

CFLT:

-77.94%

NET:

-39.08%

Fundamentals

Market Cap

CFLT:

$7.14B

NET:

$43.08B

EPS

CFLT:

-$0.97

NET:

-$0.24

PEG Ratio

CFLT:

0.46

NET:

2.35

PS Ratio

CFLT:

7.02

NET:

25.80

PB Ratio

CFLT:

6.86

NET:

41.18

Total Revenue (TTM)

CFLT:

$1.02B

NET:

$1.77B

Gross Profit (TTM)

CFLT:

$752.20M

NET:

$1.36B

EBITDA (TTM)

CFLT:

-$387.39M

NET:

$81.64M

Returns By Period

In the year-to-date period, CFLT achieves a -26.14% return, which is significantly lower than NET's 22.90% return.


CFLT

YTD

-26.14%

1M

-2.69%

6M

-22.08%

1Y

-29.81%

5Y*

N/A

10Y*

N/A

NET

YTD

22.90%

1M

25.44%

6M

45.03%

1Y

84.01%

5Y*

36.45%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CFLT vs. NET — Risk-Adjusted Performance Rank

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

CFLT
The Risk-Adjusted Performance Rank of CFLT is 3030
Overall Rank
The Sharpe Ratio Rank of CFLT is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of CFLT is 3232
Sortino Ratio Rank
The Omega Ratio Rank of CFLT is 3333
Omega Ratio Rank
The Calmar Ratio Rank of CFLT is 3131
Calmar Ratio Rank
The Martin Ratio Rank of CFLT is 2828
Martin Ratio Rank

NET
The Risk-Adjusted Performance Rank of NET is 8888
Overall Rank
The Sharpe Ratio Rank of NET is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of NET is 8888
Sortino Ratio Rank
The Omega Ratio Rank of NET is 8787
Omega Ratio Rank
The Calmar Ratio Rank of NET is 8686
Calmar Ratio Rank
The Martin Ratio Rank of NET is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CFLT vs. NET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Confluent, Inc. (CFLT) and Cloudflare, Inc. (NET). 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.


The current CFLT Sharpe Ratio is -0.51, which is lower than the NET Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of CFLT and NET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CFLT vs. NET - Dividend Comparison

Neither CFLT nor NET has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CFLT vs. NET - Drawdown Comparison

The maximum CFLT drawdown since its inception was -82.61%, roughly equal to the maximum NET drawdown of -82.58%. Use the drawdown chart below to compare losses from any high point for CFLT and NET. For additional features, visit the drawdowns tool.


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Volatility

CFLT vs. NET - Volatility Comparison

Confluent, Inc. (CFLT) has a higher volatility of 24.98% compared to Cloudflare, Inc. (NET) at 14.55%. This indicates that CFLT's price experiences larger fluctuations and is considered to be riskier than NET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

CFLT vs. NET - Financials Comparison

This section allows you to compare key financial metrics between Confluent, Inc. and Cloudflare, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


100.00M200.00M300.00M400.00M500.00M20212022202320242025
271.12M
479.09M
(CFLT) Total Revenue
(NET) Total Revenue
Values in USD except per share items

CFLT vs. NET - Profitability Comparison

The chart below illustrates the profitability comparison between Confluent, Inc. and Cloudflare, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

60.0%65.0%70.0%75.0%80.0%20212022202320242025
74.5%
75.9%
(CFLT) Gross Margin
(NET) Gross Margin
CFLT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Confluent, Inc. reported a gross profit of 202.00M and revenue of 271.12M. Therefore, the gross margin over that period was 74.5%.

NET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Cloudflare, Inc. reported a gross profit of 363.51M and revenue of 479.09M. Therefore, the gross margin over that period was 75.9%.

CFLT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Confluent, Inc. reported an operating income of -101.18M and revenue of 271.12M, resulting in an operating margin of -37.3%.

NET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Cloudflare, Inc. reported an operating income of -53.25M and revenue of 479.09M, resulting in an operating margin of -11.1%.

CFLT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Confluent, Inc. reported a net income of -67.57M and revenue of 271.12M, resulting in a net margin of -24.9%.

NET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Cloudflare, Inc. reported a net income of -38.45M and revenue of 479.09M, resulting in a net margin of -8.0%.