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DOCU vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DOCU vs. IVV

Last updated Jun 25, 2026

DOCU (DocuSign, Inc.) is a stock, while IVV (iShares Core S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, DOCU returned -30.82%/yr vs 13.03%/yr for IVV. At a 0.48 correlation, their price movements are largely independent.

Performance

DOCU vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DocuSign, Inc. (DOCU) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DOCU achieves a -35.32% return, which is significantly lower than IVV's 8.13% return.

DOCU

1D
3.68%
1M
-10.68%
YTD
-35.32%
6M
-36.47%
1Y
-41.51%
3Y*
-4.05%
5Y*
-30.82%
10Y*
—

IVV

1D
-0.07%
1M
-1.40%
YTD
8.13%
6M
6.81%
1Y
22.31%
3Y*
20.76%
5Y*
13.03%
10Y*
15.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DOCU vs. IVV - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DOCU
DocuSign, Inc.		-35.32%-23.95%51.29%7.27%-63.61%-31.48%199.96%84.91%5.47%
IVV
iShares Core S&P 500 ETF		8.13%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.67%

Correlation

The correlation between DOCU and IVV is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.27

Correlation (3Y)
Calculated over the trailing 3-year period

0.40

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Apr 27, 2018

0.48

Over the past year, the correlation between DOCU and IVV has dropped to 0.27 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

DocuSign, Inc.

iShares Core S&P 500 ETF

Often compared with DOCU:
DOCU vs. DOCNDOCU vs. PATHDOCU vs. FFIVDOCU vs. SPYDOCU vs. URBNDOCU vs. QQQDOCU vs. ADBE
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

DOCU vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DOCU
DOCU Risk / Return Rank: 1010
Overall Rank
DOCU Sharpe Ratio Rank: 77
Sharpe Ratio Rank
DOCU Sortino Ratio Rank: 99
Sortino Ratio Rank
DOCU Omega Ratio Rank: 1010
Omega Ratio Rank
DOCU Calmar Ratio Rank: 1111
Calmar Ratio Rank
DOCU Martin Ratio Rank: 1111
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 6060
Overall Rank
IVV Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 5858
Sortino Ratio Rank
IVV Omega Ratio Rank: 5959
Omega Ratio Rank
IVV Calmar Ratio Rank: 5757
Calmar Ratio Rank
IVV Martin Ratio Rank: 6868
Martin Ratio Rank
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.

DOCU vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DocuSign, Inc. (DOCU) and iShares Core S&P 500 ETF (IVV). 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.

DOCUIVVDifference
Sharpe ratioReturn per unit of total volatility
-0.93
1.81

-2.73

Sortino ratioReturn per unit of downside risk
-1.25
2.46

-3.71

Omega ratioGain probability vs. loss probability

0.85

1.33

-0.48

Calmar ratioReturn relative to maximum drawdown

-0.82

2.52

-3.34

Martin ratioReturn relative to average drawdown

-1.34

11.21

-12.54

DOCU vs. IVV - Sharpe Ratio Comparison

The current DOCU Sharpe Ratio is -0.93, which is lower than the IVV Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of DOCU and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DOCU vs. IVV - Drawdown Comparison

The maximum DOCU drawdown since its inception was -87.57%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for DOCU and IVV.

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Drawdown Indicators

DOCUIVVDifference

Max Drawdown

Largest peak-to-trough decline

-87.57%

-55.25%

-32.32%

Max Drawdown (1Y)

Largest decline over 1 year

-50.89%

-8.89%

-42.00%

Max Drawdown (3Y)

Largest decline over 3 years

-60.98%

-18.75%

-42.23%

Max Drawdown (5Y)

Largest decline over 5 years

-87.57%

-24.53%

-63.04%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-85.73%

-3.20%

-82.53%

Average Drawdown

Average peak-to-trough decline

-50.03%

-10.76%

-39.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.12%

2.00%

+29.12%

Volatility

DOCU vs. IVV - Volatility Comparison

DocuSign, Inc. (DOCU) has a higher volatility of 16.56% compared to iShares Core S&P 500 ETF (IVV) at 4.86%. This indicates that DOCU's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DOCUIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.56%

4.86%

+11.70%

Volatility (6M)

Calculated over the trailing 6-month period

34.85%

9.81%

+25.04%

Volatility (1Y)

Calculated over the trailing 1-year period

44.90%

12.44%

+32.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

57.84%

16.98%

+40.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

56.40%

18.06%

+38.34%

Dividends

DOCU vs. IVV - Dividend Comparison

DOCU has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.11%.

PositionTTM20252024202320222021202020192018201720162015
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%
IVV
iShares Core S&P 500 ETF		1.11%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%

Frequently Asked Questions

DOCU and IVV have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DOCU has higher volatility (16.56%) compared to IVV (4.86%). In terms of maximum drawdown, DOCU dropped -87.57% vs IVV's -55.25%.

IVV currently has the higher Sharpe Ratio (1.81 vs -0.93), 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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