DT vs. WDAY
DT (Dynatrace, Inc.) and WDAY (Workday, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, DT returned -7.05%/yr vs -7.31%/yr for WDAY. Their 0.57 correlation means they have sometimes moved together and sometimes differently.
Performance
DT vs. WDAY - Performance Comparison
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Returns By Period
In the year-to-date period, DT achieves a 2.26% return, which is significantly higher than WDAY's -25.35% return.
DT
- 1D
- 0.50%
- 1M
- -2.34%
- 6M
- 16.36%
- YTD
- 2.26%
- 1Y
- -15.76%
- 3Y*
- -7.05%
- 5Y*
- -7.05%
- 10Y*
- —
- ALL TIME*
- 8.22%
WDAY
- 1D
- 1.41%
- 1M
- 23.08%
- 6M
- -8.71%
- YTD
- -25.35%
- 1Y
- -30.10%
- 3Y*
- -12.56%
- 5Y*
- -7.31%
- 10Y*
- 7.15%
- ALL TIME*
- 9.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $181.38M | $180.50M | $231.39M | |
WDAY Workday, Inc. | $770.79M | $685.96M | $691.12M |
DT vs. WDAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DT Dynatrace, Inc. | 2.26% | -20.26% | -0.62% | 42.79% | -36.54% | 39.47% | 71.03% | -0.78% |
WDAY Workday, Inc. | -25.35% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | -17.77% |
Correlation
The correlation between DT and WDAY is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019 | 0.57 |
The correlation between DT and WDAY has been stable across timeframes, ranging from 0.55 to 0.60 - a consistent structural relationship.
Fundamentals
DT:
$12.92B
WDAY:
$42.00B
DT:
$0.73
WDAY:
$3.23
DT:
60.47
WDAY:
49.69
DT:
0.84
WDAY:
0.03
DT:
6.63
WDAY:
4.27
DT:
5.07
WDAY:
6.10
DT:
$2.02B
WDAY:
$9.85B
DT:
$1.65B
WDAY:
$7.66B
DT:
$289.14M
WDAY:
$1.57B
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Return for Risk
DT vs. WDAY — Risk / Return Rank
DT
WDAY
DT vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynatrace, Inc. (DT) and Workday, Inc. (WDAY). 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.
| DT | WDAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.92 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | -0.55 | +0.13 |
| Martin ratioReturn relative to average drawdown | -0.81 | -0.90 | +0.09 |
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Drawdowns
DT vs. WDAY - Drawdown Comparison
The maximum DT drawdown since its inception was -61.77%, roughly equal to the maximum WDAY drawdown of -63.38%. Use the drawdown chart below to compare losses from any high point for DT and WDAY.
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Drawdown Indicators
| DT | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.77% | -63.38% | +1.61% |
Max Drawdown (1Y)Largest decline over 1 year | -37.30% | -54.58% | +17.28% |
Max Drawdown (3Y)Largest decline over 3 years | -48.16% | -63.38% | +15.22% |
Max Drawdown (5Y)Largest decline over 5 years | -61.77% | -63.38% | +1.61% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.38% | — |
Current DrawdownCurrent decline from peak | -43.73% | -47.81% | +4.08% |
Average DrawdownAverage peak-to-trough decline | -31.01% | -21.29% | -9.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.77% | 33.34% | -12.57% |
Volatility
DT vs. WDAY - Volatility Comparison
The current volatility for Dynatrace, Inc. (DT) is 10.57%, while Workday, Inc. (WDAY) has a volatility of 19.91%. This indicates that DT experiences smaller price fluctuations and is considered to be less risky than WDAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DT | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.57% | 19.91% | -9.34% |
Volatility (6M)Calculated over the trailing 6-month period | 34.04% | 43.24% | -9.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.56% | 49.57% | -9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.99% | 40.40% | +0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.41% | 39.45% | +6.96% |
Dividends
DT vs. WDAY - Dividend Comparison
Neither DT nor WDAY has paid dividends to shareholders.
Financials
DT vs. WDAY - Financials Comparison
This section allows you to compare key financial metrics between Dynatrace, Inc. and Workday, 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
DT vs. WDAY - Profitability Comparison
DT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Dynatrace, Inc. reported a gross profit of 430.32M and revenue of 531.72M. Therefore, the gross margin over that period was 80.9%.
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
DT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Dynatrace, Inc. reported an operating income of 37.34M and revenue of 531.72M, resulting in an operating margin of 7.0%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
DT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Dynatrace, Inc. reported a net income of 76.21M and revenue of 531.72M, resulting in a net margin of 14.3%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
Frequently Asked Questions
DT and WDAY have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.91%) compared to DT (10.57%). In terms of maximum drawdown, DT dropped -61.77% vs WDAY's -63.38%.
DT currently has the higher Sharpe Ratio (-0.39 vs -0.61), 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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