FARO vs. DOCU

Last updated Jun 3, 2026

FARO (FARO Technologies, Inc.) and DOCU (DocuSign, Inc.) are both stocks. Both are in the Technology sector — FARO in Scientific & Technical Instruments, DOCU in Software - Application. At a 0.36 correlation, their price movements are largely independent.

Performance

FARO vs. DOCU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FARO Technologies, Inc. (FARO) and DocuSign, Inc. (DOCU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FARO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DOCU

• 1D: -3.37%
• 1M: 14.89%
• YTD: -19.44%
• 6M: -19.98%
• 1Y: -38.23%
• 3Y*: -1.39%
• 5Y*: -22.32%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FARO vs. DOCU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FARO FARO Technologies, Inc.	0.00%	73.46%	12.56%	-23.39%	-58.00%	-0.86%	40.28%	23.89%	-19.64%
DOCU DocuSign, Inc.	-19.44%	-23.95%	51.29%	7.27%	-63.61%	-31.48%	199.96%	84.91%	0.88%

Correlation

The correlation between FARO and DOCU is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (All Time) Calculated using the full available price history since Apr 30, 2018	0.36

Over the past year, the correlation between FARO and DOCU has dropped to 0.04 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.

Fundamentals

Total Revenue (TTM) FARO : $341.05M DOCU : $3.22B
Gross Profit (TTM) FARO : $191.08M DOCU : $2.56B
EBITDA (TTM) FARO : $28.20M DOCU : $562.16M

Return for Risk

FARO vs. DOCU — Risk / Return Rank

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

DOCU

DOCU Risk / Return Rank: 13
DOCU Sharpe Ratio Rank: 8
DOCU Sortino Ratio Rank: 11
DOCU Omega Ratio Rank: 11
DOCU Calmar Ratio Rank: 15
DOCU Martin Ratio Rank: 17

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.

FARO vs. DOCU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FARO Technologies, Inc. (FARO) and DocuSign, Inc. (DOCU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FARO	DOCU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.80	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.07	—

Drawdowns

Drawdown Indicators

	FARO	DOCU	Difference
Max Drawdown Largest peak-to-trough decline	—	-87.57%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-55.51%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-60.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-87.57%	—
Current Drawdown Current decline from peak	—	-82.23%	—
Average Drawdown Average peak-to-trough decline	—	-49.79%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.92%	—

Volatility

Volatility by Period

	FARO	DOCU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	47.89%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	58.44%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	56.45%	—

Dividends

FARO vs. DOCU - Dividend Comparison

Neither FARO nor DOCU has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both FARO and DOCU in my portfolio?

FARO and DOCU have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.