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DUOL vs. IBDT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DUOL vs. IBDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Duolingo, Inc. (DUOL) and iShares iBonds Dec 2028 Term Corporate ETF (IBDT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DUOL achieves a -38.80% return, which is significantly lower than IBDT's 0.78% return.


DUOL

1D
-2.32%
1M
-2.57%
YTD
-38.80%
6M
-42.05%
1Y
-79.08%
3Y*
-11.69%
5Y*
10Y*

IBDT

1D
-0.06%
1M
0.27%
YTD
0.78%
6M
1.15%
1Y
4.55%
3Y*
5.51%
5Y*
1.39%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

DUOL vs. IBDT - Yearly Performance Comparison


2026 (YTD)20252024202320222021
DUOL
Duolingo, Inc.
-38.80%-45.87%42.93%218.92%-32.97%-23.67%
IBDT
iShares iBonds Dec 2028 Term Corporate ETF
0.78%7.02%3.97%7.72%-11.42%-1.95%

Correlation

The correlation between DUOL and IBDT 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

0.09

Correlation (All Time)
Calculated using the full available price history since Jul 29, 2021

0.10

The correlation between DUOL and IBDT shifts across timeframes, from -0.09 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

DUOL vs. IBDT — Risk / Return Rank

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

DUOL
DUOL Risk / Return Rank: 33
Overall Rank
DUOL Sharpe Ratio Rank: 11
Sharpe Ratio Rank
DUOL Sortino Ratio Rank: 11
Sortino Ratio Rank
DUOL Omega Ratio Rank: 11
Omega Ratio Rank
DUOL Calmar Ratio Rank: 33
Calmar Ratio Rank
DUOL Martin Ratio Rank: 1111
Martin Ratio Rank

IBDT
IBDT Risk / Return Rank: 8888
Overall Rank
IBDT Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
IBDT Sortino Ratio Rank: 9292
Sortino Ratio Rank
IBDT Omega Ratio Rank: 9090
Omega Ratio Rank
IBDT Calmar Ratio Rank: 8383
Calmar Ratio Rank
IBDT Martin Ratio Rank: 8989
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.

DUOL vs. IBDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Duolingo, Inc. (DUOL) and iShares iBonds Dec 2028 Term Corporate ETF (IBDT). 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.


DUOLIBDTDifference
Sharpe ratioReturn per unit of total volatility

-4.08

Sortino ratioReturn per unit of downside risk

-7.20

Omega ratioGain probability vs. loss probability

0.68

1.59

-0.91

Calmar ratioReturn relative to maximum drawdown

-0.96

4.44

-5.40

Martin ratioReturn relative to average drawdown

-1.30

20.21

-21.51

DUOL vs. IBDT - Sharpe Ratio Comparison

The current DUOL Sharpe Ratio is -1.27, which is lower than the IBDT Sharpe Ratio of 2.81. The chart below compares the historical Sharpe Ratios of DUOL and IBDT, 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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Sharpe Ratios by Period


DUOLIBDTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.27

2.81

-4.08

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.08

0.61

-0.69

Drawdowns

DUOL vs. IBDT - Drawdown Comparison

The maximum DUOL drawdown since its inception was -83.35%, which is greater than IBDT's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for DUOL and IBDT.


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Drawdown Indicators


DUOLIBDTDifference

Max Drawdown

Largest peak-to-trough decline

-83.35%

-17.79%

-65.56%

Max Drawdown (1Y)

Largest decline over 1 year

-82.79%

-1.03%

-81.76%

Max Drawdown (3Y)

Largest decline over 3 years

-83.35%

-3.19%

-80.16%

Max Drawdown (5Y)

Largest decline over 5 years

-17.68%

Current Drawdown

Current decline from peak

-80.14%

-0.09%

-80.05%

Average Drawdown

Average peak-to-trough decline

-35.54%

-4.16%

-31.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

60.80%

0.23%

+60.57%

Volatility

DUOL vs. IBDT - Volatility Comparison

Duolingo, Inc. (DUOL) has a higher volatility of 17.63% compared to iShares iBonds Dec 2028 Term Corporate ETF (IBDT) at 0.34%. This indicates that DUOL's price experiences larger fluctuations and is considered to be riskier than IBDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DUOLIBDTDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.63%

0.34%

+17.29%

Volatility (6M)

Calculated over the trailing 6-month period

41.01%

1.04%

+39.97%

Volatility (1Y)

Calculated over the trailing 1-year period

62.36%

1.62%

+60.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

66.29%

5.07%

+61.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

66.29%

6.37%

+59.92%

Dividends

DUOL vs. IBDT - Dividend Comparison

DUOL has not paid dividends to shareholders, while IBDT's dividend yield for the trailing twelve months is around 4.55%.


PositionTTM20252024202320222021202020192018
DUOL
Duolingo, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IBDT
iShares iBonds Dec 2028 Term Corporate ETF
4.55%4.56%4.67%4.10%3.25%2.45%2.80%3.32%1.47%

Frequently Asked Questions


DUOL and IBDT 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.

DUOL has higher volatility (17.63%) compared to IBDT (0.34%). In terms of maximum drawdown, DUOL dropped -83.35% vs IBDT's -17.79%.

IBDT currently has the higher Sharpe Ratio (2.81 vs -1.27), 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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