DOCU vs. IPKW
DOCU (DocuSign, Inc.) is a stock, while IPKW (Invesco International BuyBack Achievers™ ETF) is Global Equities fund tracking the NASDAQ International BuyBack Achievers Index. Over the past 5 years, DOCU returned -25.82%/yr vs 9.19%/yr for IPKW. At a 0.29 correlation, their price movements are largely independent.
Performance
DOCU vs. IPKW - Performance Comparison
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Returns By Period
In the year-to-date period, DOCU achieves a -23.39% return, which is significantly lower than IPKW's 6.08% return.
DOCU
- 1D
- -4.90%
- 1M
- 8.15%
- YTD
- -23.39%
- 6M
- -25.80%
- 1Y
- -42.80%
- 3Y*
- -3.03%
- 5Y*
- -25.82%
- 10Y*
- —
IPKW
- 1D
- -1.07%
- 1M
- 0.86%
- YTD
- 6.08%
- 6M
- 9.96%
- 1Y
- 26.14%
- 3Y*
- 23.62%
- 5Y*
- 9.19%
- 10Y*
- 11.44%
DOCU vs. IPKW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DOCU DocuSign, Inc. | -23.39% | -23.95% | 51.29% | 7.27% | -63.61% | -31.48% | 199.96% | 84.91% | 0.88% |
IPKW Invesco International BuyBack Achievers™ ETF | 6.08% | 45.50% | 10.56% | 15.12% | -12.81% | 11.41% | 16.18% | 20.26% | -21.62% |
Correlation
The correlation between DOCU and IPKW is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2018 | 0.29 |
The correlation between DOCU and IPKW shifts across timeframes, from 0.09 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DOCU vs. IPKW — Risk / Return Rank
DOCU
IPKW
DOCU vs. IPKW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DocuSign, Inc. (DOCU) and Invesco International BuyBack Achievers™ ETF (IPKW). 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.
| DOCU | IPKW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.72 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.33 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 2.87 | -3.65 |
| Martin ratioReturn relative to average drawdown | -1.22 | 9.91 | -11.13 |
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
| DOCU | IPKW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | 1.84 | -2.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.45 | 0.54 | -0.99 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.60 | -0.54 |
Drawdowns
DOCU vs. IPKW - Drawdown Comparison
The maximum DOCU drawdown since its inception was -87.57%, which is greater than IPKW's maximum drawdown of -47.24%. Use the drawdown chart below to compare losses from any high point for DOCU and IPKW.
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Drawdown Indicators
| DOCU | IPKW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.57% | -47.24% | -40.33% |
Max Drawdown (1Y)Largest decline over 1 year | -55.51% | -9.14% | -46.37% |
Max Drawdown (3Y)Largest decline over 3 years | -60.98% | -17.77% | -43.21% |
Max Drawdown (5Y)Largest decline over 5 years | -87.57% | -33.18% | -54.39% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.24% | — |
Current DrawdownCurrent decline from peak | -83.10% | -2.45% | -80.65% |
Average DrawdownAverage peak-to-trough decline | -49.81% | -9.00% | -40.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.03% | 2.64% | +32.39% |
Volatility
DOCU vs. IPKW - Volatility Comparison
DocuSign, Inc. (DOCU) has a higher volatility of 15.69% compared to Invesco International BuyBack Achievers™ ETF (IPKW) at 4.37%. This indicates that DOCU's price experiences larger fluctuations and is considered to be riskier than IPKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOCU | IPKW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.69% | 4.37% | +11.32% |
Volatility (6M)Calculated over the trailing 6-month period | 35.10% | 11.86% | +23.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.12% | 14.31% | +33.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.47% | 17.01% | +41.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.46% | 17.91% | +38.55% |
Dividends
DOCU vs. IPKW - Dividend Comparison
DOCU has not paid dividends to shareholders, while IPKW's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOCU DocuSign, 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% |
IPKW Invesco International BuyBack Achievers™ ETF | 3.52% | 3.55% | 4.12% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% |
Frequently Asked Questions
DOCU and IPKW have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOCU has higher volatility (15.69%) compared to IPKW (4.37%). In terms of maximum drawdown, DOCU dropped -87.57% vs IPKW's -47.24%.
IPKW currently has the higher Sharpe Ratio (1.84 vs -0.89), 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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