DOCN vs. ROBO

Last updated Jun 9, 2026

DOCN (DigitalOcean Holdings, Inc.) is a stock, while ROBO (ROBO Global Robotics & Automation Index ETF) is Robotics fund tracking the ROBO Global Robotics and Automation TR Index. Over the past 5 years, DOCN returned 33.03%/yr vs 5.97%/yr for ROBO. A 0.60 correlation means they provide meaningful diversification when combined.

Performance

DOCN vs. ROBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DigitalOcean Holdings, Inc. (DOCN) and ROBO Global Robotics & Automation Index ETF (ROBO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DOCN achieves a 251.87% return, which is significantly higher than ROBO's 21.67% return.

DOCN

• 1D: -0.32%
• 1M: 3.28%
• YTD: 251.87%
• 6M: 242.13%
• 1Y: 491.41%
• 3Y*: 56.88%
• 5Y*: 33.03%
• 10Y*: —

ROBO

• 1D: 1.14%
• 1M: -2.60%
• YTD: 21.67%
• 6M: 19.42%
• 1Y: 48.39%
• 3Y*: 14.36%
• 5Y*: 5.97%
• 10Y*: 13.02%

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

DOCN vs. ROBO - 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%
ROBO ROBO Global Robotics & Automation Index ETF	21.67%	23.71%	-1.28%	23.74%	-33.92%	14.09%

Correlation

The correlation between DOCN and ROBO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021	0.60

The correlation between DOCN and ROBO shifts across timeframes, from 0.49 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DOCN vs. ROBO — Risk / Return Rank

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

DOCN

DOCN Risk / Return Rank: 99
DOCN Sharpe Ratio Rank: 99
DOCN Sortino Ratio Rank: 98
DOCN Omega Ratio Rank: 97
DOCN Calmar Ratio Rank: 99
DOCN Martin Ratio Rank: 99

ROBO

ROBO Risk / Return Rank: 65
ROBO Sharpe Ratio Rank: 69
ROBO Sortino Ratio Rank: 65
ROBO Omega Ratio Rank: 64
ROBO Calmar Ratio Rank: 62
ROBO Martin Ratio Rank: 66

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.

DOCN vs. ROBO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DigitalOcean Holdings, Inc. (DOCN) and ROBO Global Robotics & Automation Index ETF (ROBO). 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	ROBO	Difference
Sharpe ratio: Return per unit of total volatility	6.08	2.04	+4.04
Sortino ratio: Return per unit of downside risk	5.35	2.70	+2.65
Omega ratio: Gain probability vs. loss probability	1.65	1.35	+0.30
Calmar ratio: Return relative to maximum drawdown	20.56	2.80	+17.76
Martin ratio: Return relative to average drawdown	61.65	11.09	+50.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DOCN vs. ROBO - Sharpe Ratio Comparison

The current DOCN Sharpe Ratio is 6.08, which is higher than the ROBO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of DOCN and ROBO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DOCN	ROBO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.08	2.04	+4.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.25	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.47	-0.04

Drawdowns

DOCN vs. ROBO - Drawdown Comparison

The maximum DOCN drawdown since its inception was -84.78%, which is greater than ROBO's maximum drawdown of -43.65%. Use the drawdown chart below to compare losses from any high point for DOCN and ROBO.

Drawdown Indicators

	DOCN	ROBO	Difference
Max Drawdown Largest peak-to-trough decline	-84.78%	-43.65%	-41.13%
Max Drawdown (1Y) Largest decline over 1 year	-24.11%	-17.35%	-6.76%
Max Drawdown (3Y) Largest decline over 3 years	-60.28%	-27.92%	-32.36%
Max Drawdown (5Y) Largest decline over 5 years	-84.78%	-43.65%	-41.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-43.65%	—
Current Drawdown Current decline from peak	-6.19%	-6.65%	+0.46%
Average Drawdown Average peak-to-trough decline	-59.09%	-12.93%	-46.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.02%	4.38%	+3.64%

Volatility

DOCN vs. ROBO - Volatility Comparison

DigitalOcean Holdings, Inc. (DOCN) has a higher volatility of 20.16% compared to ROBO Global Robotics & Automation Index ETF (ROBO) at 9.66%. This indicates that DOCN's price experiences larger fluctuations and is considered to be riskier than ROBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DOCN	ROBO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.16%	9.66%	+10.50%
Volatility (6M) Calculated over the trailing 6-month period	61.12%	19.04%	+42.08%
Volatility (1Y) Calculated over the trailing 1-year period	81.71%	23.89%	+57.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.33%	23.79%	+47.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.69%	23.24%	+47.45%

Dividends

DOCN vs. ROBO - Dividend Comparison

DOCN has not paid dividends to shareholders, while ROBO's dividend yield for the trailing twelve months is around 0.35%.

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%
ROBO ROBO Global Robotics & Automation Index ETF	0.35%	0.42%	0.55%	0.05%	0.00%	0.18%	0.20%	0.37%	0.37%	0.02%	0.19%	0.28%

Frequently Asked Questions

Can I hold both DOCN and ROBO in my portfolio?

DOCN and ROBO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DOCN or ROBO?

DOCN has higher volatility (20.16%) compared to ROBO (9.66%). In terms of maximum drawdown, DOCN dropped -84.78% vs ROBO's -43.65%.

Which has better risk-adjusted returns?

DOCN currently has the higher Sharpe Ratio (6.08 vs 2.04), 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.