CRM vs. FTNT
CRM (Salesforce, Inc.) and FTNT (Fortinet, Inc.) are both stocks. Both are in the Technology sector — CRM in Software - Application, FTNT in Software - Infrastructure. Over the past 10 years, CRM returned 7.60%/yr vs 36.02%/yr for FTNT. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
CRM vs. FTNT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRM achieves a -37.06% return, which is significantly lower than FTNT's 84.23% return. Over the past 10 years, CRM has underperformed FTNT with an annualized return of 7.60%, while FTNT has yielded a comparatively higher 36.02% annualized return.
CRM
- 1D
- -0.34%
- 1M
- -0.75%
- YTD
- -37.06%
- 6M
- -36.31%
- 1Y
- -35.16%
- 3Y*
- -6.88%
- 5Y*
- -6.82%
- 10Y*
- 7.60%
FTNT
- 1D
- 0.85%
- 1M
- 20.06%
- YTD
- 84.23%
- 6M
- 77.94%
- 1Y
- 45.10%
- 3Y*
- 27.56%
- 5Y*
- 26.15%
- 10Y*
- 36.02%
CRM vs. FTNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CRM Salesforce, Inc. | -37.06% | -20.25% | 27.76% | 98.46% | -47.83% | 14.20% | 36.82% | 18.74% | 33.98% | 49.33% |
FTNT Fortinet, Inc. | 84.23% | -15.95% | 61.42% | 19.72% | -31.98% | 141.97% | 39.13% | 51.58% | 61.20% | 45.05% |
Correlation
The correlation between CRM and FTNT is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2009 | 0.54 |
The correlation between CRM and FTNT has been stable across timeframes, ranging from 0.50 to 0.56 - a consistent structural relationship.
Fundamentals
CRM:
$144.49B
FTNT:
$108.67B
CRM:
$8.59
FTNT:
$2.58
CRM:
19.31
FTNT:
56.81
CRM:
0.04
FTNT:
1.58
CRM:
3.62
FTNT:
15.62
CRM:
4.22
FTNT:
109.80
CRM:
$42.83B
FTNT:
$7.11B
CRM:
$33.25B
FTNT:
$5.74B
CRM:
$12.32B
FTNT:
$2.47B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRM vs. FTNT — Risk / Return Rank
CRM
FTNT
CRM vs. FTNT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Salesforce, Inc. (CRM) and Fortinet, Inc. (FTNT). 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.
| CRM | FTNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.96 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.23 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 1.43 | -2.38 |
| Martin ratioReturn relative to average drawdown | -1.78 | 2.09 | -3.87 |
Loading charts...
Drawdowns
CRM vs. FTNT - Drawdown Comparison
The maximum CRM drawdown since its inception was -70.50%, which is greater than FTNT's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for CRM and FTNT.
Loading charts...
Drawdown Indicators
| CRM | FTNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.50% | -51.20% | -19.30% |
Max Drawdown (1Y)Largest decline over 1 year | -39.36% | -30.90% | -8.46% |
Max Drawdown (3Y)Largest decline over 3 years | -54.70% | -38.32% | -16.38% |
Max Drawdown (5Y)Largest decline over 5 years | -58.62% | -38.32% | -20.30% |
Max Drawdown (10Y)Largest decline over 10 years | -58.62% | -38.32% | -20.30% |
Current DrawdownCurrent decline from peak | -54.33% | -2.25% | -52.08% |
Average DrawdownAverage peak-to-trough decline | -16.15% | -16.22% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.92% | 21.07% | -0.15% |
Volatility
CRM vs. FTNT - Volatility Comparison
Salesforce, Inc. (CRM) has a higher volatility of 16.76% compared to Fortinet, Inc. (FTNT) at 13.35%. This indicates that CRM's price experiences larger fluctuations and is considered to be riskier than FTNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRM | FTNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.76% | 13.35% | +3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 31.59% | 31.79% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.09% | 45.18% | -7.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.07% | 43.94% | -6.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.38% | 40.88% | -5.50% |
Dividends
CRM vs. FTNT - Dividend Comparison
CRM's dividend yield for the trailing twelve months is around 1.28%, while FTNT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRM Salesforce, Inc. | 1.28% | 0.63% | 0.48% |
FTNT Fortinet, Inc. | 0.00% | 0.00% | 0.00% |
Financials
CRM vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between Salesforce, Inc. and Fortinet, 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
CRM vs. FTNT - Profitability Comparison
CRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Salesforce, Inc. reported a gross profit of 8.56B and revenue of 11.13B. Therefore, the gross margin over that period was 76.9%.
FTNT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported a gross profit of 1.49B and revenue of 1.85B. Therefore, the gross margin over that period was 80.3%.
CRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Salesforce, Inc. reported an operating income of 2.35B and revenue of 11.13B, resulting in an operating margin of 21.1%.
FTNT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported an operating income of 580.00M and revenue of 1.85B, resulting in an operating margin of 31.4%.
CRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Salesforce, Inc. reported a net income of 2.11B and revenue of 11.13B, resulting in a net margin of 18.9%.
FTNT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortinet, Inc. reported a net income of 534.50M and revenue of 1.85B, resulting in a net margin of 28.9%.
Frequently Asked Questions
CRM and FTNT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRM has higher volatility (16.76%) compared to FTNT (13.35%). In terms of maximum drawdown, CRM dropped -70.50% vs FTNT's -51.20%.
FTNT currently has the higher Sharpe Ratio (0.98 vs -0.98), 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.
Find the right allocation for CRM and FTNT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer