DXCM vs. DDOG
DXCM (DexCom, Inc.) and DDOG (Datadog, Inc.) are both stocks. DXCM operates in Diagnostics & Research (Healthcare), while DDOG operates in Software - Application (Technology). Over the past 5 years, DXCM returned -8.33%/yr vs 19.34%/yr for DDOG. Their 0.35 correlation means their historical movements had little consistent relationship.
Performance
DXCM vs. DDOG - Performance Comparison
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Returns By Period
In the year-to-date period, DXCM achieves a 25.73% return, which is significantly lower than DDOG's 97.05% return.
DXCM
- 1D
- 11.95%
- 1M
- 21.19%
- 6M
- 14.25%
- YTD
- 25.73%
- 1Y
- 3.32%
- 3Y*
- -11.89%
- 5Y*
- -8.33%
- 10Y*
- 13.66%
- ALL TIME*
- 16.87%
DDOG
- 1D
- -0.22%
- 1M
- 1.32%
- 6M
- 107.21%
- YTD
- 97.05%
- 1Y
- 91.43%
- 3Y*
- 32.59%
- 5Y*
- 19.34%
- 10Y*
- —
- ALL TIME*
- 31.76%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DDOG Datadog, Inc. | $1.04B | $1.07B | $1.29B |
DXCM DexCom, Inc. | $381.17M | $359.84M | $403.63M |
DXCM vs. DDOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DXCM DexCom, Inc. | 25.73% | -14.66% | -37.33% | 9.58% | -15.64% | 45.23% | 69.02% | 39.39% |
DDOG Datadog, Inc. | 97.05% | -4.83% | 17.72% | 65.14% | -58.73% | 80.93% | 160.56% | -6.37% |
Correlation
The correlation between DXCM and DDOG is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2019 | 0.35 |
Over the past year, the correlation between DXCM and DDOG has dropped to 0.05 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.
Fundamentals
DXCM:
$32.20B
DDOG:
$95.39B
DXCM:
$2.51
DDOG:
$0.37
DXCM:
33.22
DDOG:
719.11
DXCM:
0.79
DDOG:
6.45
DXCM:
6.68
DDOG:
26.57
DXCM:
12.47
DDOG:
24.51
DXCM:
$4.97B
DDOG:
$3.67B
DXCM:
$3.12B
DDOG:
$2.93B
DXCM:
$1.41B
DDOG:
$173.48M
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Return for Risk
DXCM vs. DDOG — Risk / Return Rank
DXCM
DDOG
DXCM vs. DDOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DexCom, Inc. (DXCM) and Datadog, Inc. (DDOG). 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.
| DXCM | DDOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.30 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.10 | 1.89 | -1.79 |
| Martin ratioReturn relative to average drawdown | 0.19 | 3.73 | -3.54 |
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Drawdowns
DXCM vs. DDOG - Drawdown Comparison
The maximum DXCM drawdown since its inception was -94.61%, which is greater than DDOG's maximum drawdown of -68.11%. Use the drawdown chart below to compare losses from any high point for DXCM and DDOG.
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Drawdown Indicators
| DXCM | DDOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.61% | -68.11% | -26.50% |
Max Drawdown (1Y)Largest decline over 1 year | -33.33% | -48.62% | +15.29% |
Max Drawdown (3Y)Largest decline over 3 years | -60.95% | -48.62% | -12.33% |
Max Drawdown (5Y)Largest decline over 5 years | -66.32% | -68.11% | +1.79% |
Max Drawdown (10Y)Largest decline over 10 years | -66.32% | — | — |
Current DrawdownCurrent decline from peak | -48.75% | -3.43% | -45.32% |
Average DrawdownAverage peak-to-trough decline | -36.14% | -30.56% | -5.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.53% | 24.59% | -7.06% |
Volatility
DXCM vs. DDOG - Volatility Comparison
DexCom, Inc. (DXCM) has a higher volatility of 15.95% compared to Datadog, Inc. (DDOG) at 11.38%. This indicates that DXCM's price experiences larger fluctuations and is considered to be riskier than DDOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DXCM | DDOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.95% | 11.38% | +4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 29.74% | 49.33% | -19.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.91% | 64.93% | -22.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.22% | 58.56% | -11.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.66% | 59.77% | -11.11% |
Dividends
DXCM vs. DDOG - Dividend Comparison
Neither DXCM nor DDOG has paid dividends to shareholders.
Financials
DXCM vs. DDOG - Financials Comparison
This section allows you to compare key financial metrics between DexCom, Inc. and Datadog, 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
DXCM vs. DDOG - Profitability Comparison
DXCM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DexCom, Inc. reported a gross profit of 830.00M and revenue of 1.31B. Therefore, the gross margin over that period was 63.4%.
DDOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Datadog, Inc. reported a gross profit of 797.20M and revenue of 1.01B. Therefore, the gross margin over that period was 79.2%.
DXCM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DexCom, Inc. reported an operating income of 318.30M and revenue of 1.31B, resulting in an operating margin of 24.3%.
DDOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Datadog, Inc. reported an operating income of 7.33M and revenue of 1.01B, resulting in an operating margin of 0.7%.
DXCM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DexCom, Inc. reported a net income of 249.10M and revenue of 1.31B, resulting in a net margin of 19.0%.
DDOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Datadog, Inc. reported a net income of 52.57M and revenue of 1.01B, resulting in a net margin of 5.2%.
Frequently Asked Questions
DXCM and DDOG have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DXCM has higher volatility (15.95%) compared to DDOG (11.38%). In terms of maximum drawdown, DXCM dropped -94.61% vs DDOG's -68.11%.
DDOG currently has the higher Sharpe Ratio (1.42 vs 0.08), 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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