FFIV vs. DOCU
FFIV (F5 Networks, Inc.) and DOCU (DocuSign, Inc.) are both stocks. Both are in the Technology sector — FFIV in Software - Infrastructure, DOCU in Software - Application. Over the past 5 years, FFIV returned 14.28%/yr vs -28.72%/yr for DOCU. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
FFIV vs. DOCU - Performance Comparison
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Returns By Period
In the year-to-date period, FFIV achieves a 57.71% return, which is significantly higher than DOCU's -19.84% return.
FFIV
- 1D
- 3.55%
- 1M
- -1.36%
- 6M
- 46.07%
- YTD
- 57.71%
- 1Y
- 30.95%
- 3Y*
- 36.04%
- 5Y*
- 14.28%
- 10Y*
- 12.60%
- ALL TIME*
- 17.43%
DOCU
- 1D
- 0.99%
- 1M
- 19.79%
- 6M
- 4.36%
- YTD
- -19.84%
- 1Y
- -25.74%
- 3Y*
- 1.14%
- 5Y*
- -28.72%
- 10Y*
- —
- ALL TIME*
- 4.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DOCU DocuSign, Inc. | $171.86M | $162.67M | $184.59M |
| $329.37M | $263.27M | $263.18M |
FFIV vs. DOCU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FFIV F5 Networks, Inc. | 57.71% | 1.51% | 40.50% | 24.72% | -41.36% | 39.09% | 25.99% | -13.81% | 2.25% |
DOCU DocuSign, Inc. | -19.84% | -23.95% | 51.29% | 7.27% | -63.61% | -31.48% | 199.96% | 84.91% | 5.47% |
Correlation
The correlation between FFIV and DOCU is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2018 | 0.40 |
The correlation between FFIV and DOCU shifts across timeframes, from 0.31 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FFIV:
$22.71B
DOCU:
$10.47B
FFIV:
$12.55
DOCU:
$1.55
FFIV:
32.08
DOCU:
35.47
FFIV:
1.40
DOCU:
0.06
FFIV:
28.77
DOCU:
3.40
FFIV:
6.02
DOCU:
5.92
FFIV:
$810.09M
DOCU:
$3.29B
FFIV:
$2.71B
DOCU:
$2.61B
FFIV:
$882.95M
DOCU:
$568.83M
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Return for Risk
FFIV vs. DOCU — Risk / Return Rank
FFIV
DOCU
FFIV vs. DOCU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F5 Networks, Inc. (FFIV) 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.
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.
| FFIV | DOCU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.93 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | -0.54 | +1.37 |
| Martin ratioReturn relative to average drawdown | 1.80 | -0.82 | +2.61 |
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Drawdowns
FFIV vs. DOCU - Drawdown Comparison
The maximum FFIV drawdown since its inception was -97.59%, which is greater than DOCU's maximum drawdown of -87.57%. Use the drawdown chart below to compare losses from any high point for FFIV and DOCU.
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Drawdown Indicators
| FFIV | DOCU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.59% | -87.57% | -10.02% |
Max Drawdown (1Y)Largest decline over 1 year | -34.73% | -50.89% | +16.16% |
Max Drawdown (3Y)Largest decline over 3 years | -34.73% | -60.98% | +26.25% |
Max Drawdown (5Y)Largest decline over 5 years | -47.42% | -87.57% | +40.15% |
Max Drawdown (10Y)Largest decline over 10 years | -54.59% | — | — |
Current DrawdownCurrent decline from peak | -6.65% | -82.32% | +75.67% |
Average DrawdownAverage peak-to-trough decline | -39.99% | -50.45% | +10.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.88% | 33.76% | -17.88% |
Volatility
FFIV vs. DOCU - Volatility Comparison
The current volatility for F5 Networks, Inc. (FFIV) is 11.59%, while DocuSign, Inc. (DOCU) has a volatility of 16.24%. This indicates that FFIV experiences smaller price fluctuations and is considered to be less risky than DOCU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFIV | DOCU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.59% | 16.24% | -4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 24.87% | 36.74% | -11.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.20% | 47.66% | -12.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.23% | 58.30% | -28.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.66% | 56.42% | -26.76% |
Dividends
FFIV vs. DOCU - Dividend Comparison
Neither FFIV nor DOCU has paid dividends to shareholders.
Financials
FFIV vs. DOCU - Financials Comparison
This section allows you to compare key financial metrics between F5 Networks, Inc. and DocuSign, 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
FFIV vs. DOCU - Profitability Comparison
FFIV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, F5 Networks, Inc. reported a gross profit of 700.06M and revenue of -1.63B. Therefore, the gross margin over that period was -42.8%.
DOCU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DocuSign, Inc. reported a gross profit of 658.97M and revenue of 830.24M. Therefore, the gross margin over that period was 79.4%.
FFIV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, F5 Networks, Inc. reported an operating income of 213.63M and revenue of -1.63B, resulting in an operating margin of -13.1%.
DOCU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DocuSign, Inc. reported an operating income of 111.31M and revenue of 830.24M, resulting in an operating margin of 13.4%.
FFIV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, F5 Networks, Inc. reported a net income of 208.21M and revenue of -1.63B, resulting in a net margin of -12.7%.
DOCU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DocuSign, Inc. reported a net income of 78.20M and revenue of 830.24M, resulting in a net margin of 9.4%.
Frequently Asked Questions
FFIV and DOCU have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOCU has higher volatility (16.24%) compared to FFIV (11.59%). In terms of maximum drawdown, FFIV dropped -97.59% vs DOCU's -87.57%.
FFIV currently has the higher Sharpe Ratio (0.82 vs -0.58), 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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