DOCS vs. ACMR
DOCS (Doximity, Inc.) and ACMR (ACM Research, Inc.) are both stocks. DOCS operates in Health Information Services (Healthcare), while ACMR operates in Semiconductor Equipment & Materials (Technology). Over the past 3 years, DOCS returned -14.86%/yr vs 104.60%/yr for ACMR. At a 0.31 correlation, their price movements are largely independent.
Performance
DOCS vs. ACMR - Performance Comparison
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Returns By Period
In the year-to-date period, DOCS achieves a -54.74% return, which is significantly lower than ACMR's 138.15% return.
DOCS
- 1D
- 0.10%
- 1M
- -14.32%
- YTD
- -54.74%
- 6M
- -54.30%
- 1Y
- -64.81%
- 3Y*
- -14.86%
- 5Y*
- —
- 10Y*
- —
ACMR
- 1D
- 2.45%
- 1M
- 45.10%
- YTD
- 138.15%
- 6M
- 141.95%
- 1Y
- 265.21%
- 3Y*
- 104.60%
- 5Y*
- 25.99%
- 10Y*
- —
DOCS vs. ACMR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DOCS Doximity, Inc. | -54.74% | -17.06% | 90.41% | -16.45% | -33.05% | 21.76% |
ACMR ACM Research, Inc. | 138.15% | 161.26% | -22.72% | 153.44% | -72.87% | -18.50% |
Correlation
The correlation between DOCS and ACMR is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2021 | 0.31 |
The correlation between DOCS and ACMR shifts across timeframes, from 0.14 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
DOCS:
$3.91B
ACMR:
$6.55B
DOCS:
$0.98
ACMR:
$1.33
DOCS:
20.35
ACMR:
70.83
DOCS:
1.74
ACMR:
2.48
DOCS:
6.19
ACMR:
6.71
DOCS:
4.11
ACMR:
4.14
DOCS:
$644.86M
ACMR:
$960.23M
DOCS:
$574.54M
ACMR:
$424.76M
DOCS:
$245.76M
ACMR:
$162.91M
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Return for Risk
DOCS vs. ACMR — Risk / Return Rank
DOCS
ACMR
DOCS vs. ACMR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Doximity, Inc. (DOCS) and ACM Research, Inc. (ACMR). 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.
| DOCS | ACMR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.64 | ||
| Sortino ratioReturn per unit of downside risk | -5.14 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.45 | -0.73 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 5.76 | -6.62 |
| Martin ratioReturn relative to average drawdown | -1.43 | 14.73 | -16.15 |
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Drawdowns
DOCS vs. ACMR - Drawdown Comparison
The maximum DOCS drawdown since its inception was -82.35%, smaller than the maximum ACMR drawdown of -87.23%. Use the drawdown chart below to compare losses from any high point for DOCS and ACMR.
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Drawdown Indicators
| DOCS | ACMR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.35% | -87.23% | +4.88% |
Max Drawdown (1Y)Largest decline over 1 year | -76.03% | -46.34% | -29.69% |
Max Drawdown (3Y)Largest decline over 3 years | -78.34% | -58.42% | -19.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.81% | — |
Current DrawdownCurrent decline from peak | -80.36% | 0.00% | -80.36% |
Average DrawdownAverage peak-to-trough decline | -57.18% | -39.55% | -17.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.49% | 18.11% | +27.38% |
Volatility
DOCS vs. ACMR - Volatility Comparison
The current volatility for Doximity, Inc. (DOCS) is 29.57%, while ACM Research, Inc. (ACMR) has a volatility of 33.26%. This indicates that DOCS experiences smaller price fluctuations and is considered to be less risky than ACMR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOCS | ACMR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.57% | 33.26% | -3.69% |
Volatility (6M)Calculated over the trailing 6-month period | 44.93% | 59.35% | -14.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.14% | 77.68% | -23.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.07% | 80.77% | -10.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.07% | 83.99% | -13.92% |
Dividends
DOCS vs. ACMR - Dividend Comparison
Neither DOCS nor ACMR has paid dividends to shareholders.
Financials
DOCS vs. ACMR - Financials Comparison
This section allows you to compare key financial metrics between Doximity, Inc. and ACM Research, 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
DOCS vs. ACMR - Profitability Comparison
DOCS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Doximity, Inc. reported a gross profit of 125.97M and revenue of 145.37M. Therefore, the gross margin over that period was 86.7%.
ACMR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ACM Research, Inc. reported a gross profit of 107.24M and revenue of 231.26M. Therefore, the gross margin over that period was 46.4%.
DOCS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Doximity, Inc. reported an operating income of 24.83M and revenue of 145.37M, resulting in an operating margin of 17.1%.
ACMR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ACM Research, Inc. reported an operating income of 36.18M and revenue of 231.26M, resulting in an operating margin of 15.6%.
DOCS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Doximity, Inc. reported a net income of 19.11M and revenue of 145.37M, resulting in a net margin of 13.2%.
ACMR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ACM Research, Inc. reported a net income of 17.31M and revenue of 231.26M, resulting in a net margin of 7.5%.
Frequently Asked Questions
DOCS and ACMR have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACMR has higher volatility (33.26%) compared to DOCS (29.57%). In terms of maximum drawdown, DOCS dropped -82.35% vs ACMR's -87.23%.
ACMR currently has the higher Sharpe Ratio (3.44 vs -1.20), 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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