EGHT vs. DDOG
EGHT (8x8, Inc.) and DDOG (Datadog, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, EGHT returned -42.45%/yr vs 15.75%/yr for DDOG. At a 0.42 correlation, their price movements are largely independent.
Performance
EGHT vs. DDOG - Performance Comparison
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Returns By Period
In the year-to-date period, EGHT achieves a -12.69% return, which is significantly lower than DDOG's 62.78% return.
EGHT
- 1D
- -6.52%
- 1M
- -21.82%
- YTD
- -12.69%
- 6M
- -16.50%
- 1Y
- -1.71%
- 3Y*
- -22.25%
- 5Y*
- -42.45%
- 10Y*
- -18.77%
DDOG
- 1D
- -0.73%
- 1M
- -0.43%
- YTD
- 62.78%
- 6M
- 56.07%
- 1Y
- 73.62%
- 3Y*
- 33.20%
- 5Y*
- 15.75%
- 10Y*
- —
EGHT vs. DDOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EGHT 8x8, Inc. | -12.69% | -26.22% | -29.37% | -12.50% | -74.22% | -51.38% | 88.36% | -23.69% |
DDOG Datadog, Inc. | 62.78% | -4.83% | 17.72% | 65.14% | -58.73% | 80.93% | 160.56% | -6.37% |
Correlation
The correlation between EGHT and DDOG is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2019 | 0.42 |
The correlation between EGHT and DDOG shifts across timeframes, from 0.29 (1 year) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EGHT:
$245.32M
DDOG:
$80.74B
EGHT:
$0.01
DDOG:
$0.37
EGHT:
144.44
DDOG:
592.91
EGHT:
0.32
DDOG:
21.91
EGHT:
1.67
DDOG:
20.24
EGHT:
$735.75M
DDOG:
$3.67B
EGHT:
$475.05M
DDOG:
$2.93B
EGHT:
$77.50M
DDOG:
$173.48M
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Return for Risk
EGHT vs. DDOG — Risk / Return Rank
EGHT
DDOG
EGHT vs. DDOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 8x8, Inc. (EGHT) 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.
| EGHT | DDOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.27 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 1.52 | -1.56 |
| Martin ratioReturn relative to average drawdown | -0.09 | 2.95 | -3.04 |
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Drawdowns
EGHT vs. DDOG - Drawdown Comparison
The maximum EGHT drawdown since its inception was -99.48%, which is greater than DDOG's maximum drawdown of -68.11%. Use the drawdown chart below to compare losses from any high point for EGHT and DDOG.
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Drawdown Indicators
| EGHT | DDOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.48% | -68.11% | -31.37% |
Max Drawdown (1Y)Largest decline over 1 year | -40.66% | -48.62% | +7.96% |
Max Drawdown (3Y)Largest decline over 3 years | -67.15% | -48.62% | -18.53% |
Max Drawdown (5Y)Largest decline over 5 years | -94.41% | -68.11% | -26.30% |
Max Drawdown (10Y)Largest decline over 10 years | -95.86% | — | — |
Current DrawdownCurrent decline from peak | -95.49% | -20.22% | -75.27% |
Average DrawdownAverage peak-to-trough decline | -77.54% | -30.93% | -46.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.55% | 25.00% | -5.45% |
Volatility
EGHT vs. DDOG - Volatility Comparison
8x8, Inc. (EGHT) and Datadog, Inc. (DDOG) have volatilities of 19.97% and 19.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EGHT | DDOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.97% | 19.02% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 66.53% | 50.35% | +16.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.45% | 65.55% | +20.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 75.88% | 58.26% | +17.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.95% | 59.98% | +4.97% |
Dividends
EGHT vs. DDOG - Dividend Comparison
Neither EGHT nor DDOG has paid dividends to shareholders.
Financials
EGHT vs. DDOG - Financials Comparison
This section allows you to compare key financial metrics between 8x8, 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
EGHT vs. DDOG - Profitability Comparison
EGHT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, 8x8, Inc. reported a gross profit of 117.05M and revenue of 185.25M. Therefore, the gross margin over that period was 63.2%.
DDOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
EGHT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, 8x8, Inc. reported an operating income of 3.33M and revenue of 185.25M, resulting in an operating margin of 1.8%.
DDOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Datadog, Inc. reported an operating income of 7.33M and revenue of 1.01B, resulting in an operating margin of 0.7%.
EGHT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, 8x8, Inc. reported a net income of 106.00K and revenue of 185.25M, resulting in a net margin of 0.1%.
DDOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
EGHT and DDOG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EGHT has higher volatility (19.97%) compared to DDOG (19.02%). In terms of maximum drawdown, EGHT dropped -99.48% vs DDOG's -68.11%.
DDOG currently has the higher Sharpe Ratio (1.13 vs -0.02), 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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