DOCN vs. IRM
DOCN (DigitalOcean Holdings, Inc.) and IRM (Iron Mountain Incorporated) are both stocks. DOCN operates in Software - Infrastructure (Technology), while IRM operates in REIT - Specialty (Real Estate). Over the past 5 years, DOCN returned 33.03%/yr vs 26.29%/yr for IRM. At a 0.30 correlation, their price movements are largely independent.
Performance
DOCN vs. IRM - Performance Comparison
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Returns By Period
In the year-to-date period, DOCN achieves a 251.87% return, which is significantly higher than IRM's 50.10% return.
DOCN
- 1D
- -0.32%
- 1M
- 3.28%
- YTD
- 251.87%
- 6M
- 242.13%
- 1Y
- 491.41%
- 3Y*
- 56.88%
- 5Y*
- 33.03%
- 10Y*
- —
IRM
- 1D
- -0.93%
- 1M
- -4.14%
- YTD
- 50.10%
- 6M
- 49.01%
- 1Y
- 25.06%
- 3Y*
- 34.64%
- 5Y*
- 26.29%
- 10Y*
- 19.00%
DOCN vs. IRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DOCN DigitalOcean Holdings, Inc. | 251.87% | 41.24% | -7.14% | 44.05% | -68.29% | 89.01% |
IRM Iron Mountain Incorporated | 50.10% | -18.24% | 54.48% | 46.52% | -0.08% | 49.27% |
Correlation
The correlation between DOCN and IRM 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 | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021 | 0.30 |
Fundamentals
DOCN:
$18.95B
IRM:
$36.91B
DOCN:
$2.42
IRM:
$0.91
DOCN:
70.07
IRM:
134.99
DOCN:
18.78
IRM:
5.07
DOCN:
$948.63M
IRM:
$7.25B
DOCN:
$554.86M
IRM:
$2.94B
DOCN:
$373.00M
IRM:
$2.40B
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Return for Risk
DOCN vs. IRM — Risk / Return Rank
DOCN
IRM
DOCN vs. IRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DigitalOcean Holdings, Inc. (DOCN) and Iron Mountain Incorporated (IRM). 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.
| DOCN | IRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.29 | ||
| Sortino ratioReturn per unit of downside risk | +4.07 | ||
| Omega ratioGain probability vs. loss probability | 1.65 | 1.16 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 20.56 | 1.00 | +19.56 |
| Martin ratioReturn relative to average drawdown | 61.65 | 2.41 | +59.25 |
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
| DOCN | IRM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.08 | 0.79 | +5.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.89 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.50 | -0.06 |
Drawdowns
DOCN vs. IRM - Drawdown Comparison
The maximum DOCN drawdown since its inception was -84.78%, which is greater than IRM's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for DOCN and IRM.
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Drawdown Indicators
| DOCN | IRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.78% | -55.71% | -29.07% |
Max Drawdown (1Y)Largest decline over 1 year | -24.11% | -25.15% | +1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -60.28% | -39.03% | -21.25% |
Max Drawdown (5Y)Largest decline over 5 years | -84.78% | -39.03% | -45.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.03% | — |
Current DrawdownCurrent decline from peak | -6.19% | -6.48% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -59.09% | -13.16% | -45.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.02% | 10.45% | -2.43% |
Volatility
DOCN vs. IRM - Volatility Comparison
DigitalOcean Holdings, Inc. (DOCN) has a higher volatility of 20.16% compared to Iron Mountain Incorporated (IRM) at 7.73%. This indicates that DOCN's price experiences larger fluctuations and is considered to be riskier than IRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOCN | IRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.16% | 7.73% | +12.43% |
Volatility (6M)Calculated over the trailing 6-month period | 61.12% | 23.90% | +37.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 81.71% | 31.90% | +49.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.33% | 29.66% | +41.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.69% | 29.63% | +41.06% |
Dividends
DOCN vs. IRM - Dividend Comparison
DOCN has not paid dividends to shareholders, while IRM's dividend yield for the trailing twelve months is around 2.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOCN DigitalOcean Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IRM Iron Mountain Incorporated | 2.67% | 3.88% | 2.60% | 3.63% | 4.96% | 4.73% | 8.39% | 7.69% | 7.32% | 5.93% | 6.17% | 7.07% |
Financials
DOCN vs. IRM - Financials Comparison
This section allows you to compare key financial metrics between DigitalOcean Holdings, Inc. and Iron Mountain Incorporated. 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
DOCN vs. IRM - Profitability Comparison
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%.
IRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Iron Mountain Incorporated reported a gross profit of 0.00 and revenue of 1.94B. Therefore, the gross margin over that period was 0.0%.
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%.
IRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Iron Mountain Incorporated reported an operating income of 395.23M and revenue of 1.94B, resulting in an operating margin of 20.4%.
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%.
IRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Iron Mountain Incorporated reported a net income of 143.67M and revenue of 1.94B, resulting in a net margin of 7.4%.
Frequently Asked Questions
DOCN and IRM 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.
DOCN has higher volatility (20.16%) compared to IRM (7.73%). In terms of maximum drawdown, DOCN dropped -84.78% vs IRM's -55.71%.
DOCN currently has the higher Sharpe Ratio (6.08 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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