FROG vs. GTLB
FROG (JFrog Ltd.) and GTLB (GitLab Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 3 years, FROG returned 44.39%/yr vs -19.03%/yr for GTLB. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
FROG vs. GTLB - Performance Comparison
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Returns By Period
In the year-to-date period, FROG achieves a 27.91% return, which is significantly higher than GTLB's -31.18% return.
FROG
- 1D
- -3.42%
- 1M
- 7.97%
- YTD
- 27.91%
- 6M
- 17.30%
- 1Y
- 96.39%
- 3Y*
- 44.39%
- 5Y*
- 11.28%
- 10Y*
- —
GTLB
- 1D
- -2.75%
- 1M
- -3.37%
- YTD
- -31.18%
- 6M
- -32.70%
- 1Y
- -36.63%
- 3Y*
- -19.03%
- 5Y*
- —
- 10Y*
- —
FROG vs. GTLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FROG JFrog Ltd. | 27.91% | 112.38% | -15.02% | 62.26% | -28.18% | -11.37% |
GTLB GitLab Inc. | -31.18% | -33.40% | -10.50% | 38.56% | -47.77% | -7.69% |
Correlation
The correlation between FROG and GTLB is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021 | 0.58 |
The correlation between FROG and GTLB has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.
Fundamentals
FROG:
$9.60B
GTLB:
$4.39B
FROG:
-$0.52
GTLB:
-$0.15
FROG:
16.71
GTLB:
4.29
FROG:
10.39
GTLB:
4.46
FROG:
$563.41M
GTLB:
$1.00B
FROG:
$436.09M
GTLB:
$871.68M
FROG:
-$58.97M
GTLB:
-$42.85M
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Return for Risk
FROG vs. GTLB — Risk / Return Rank
FROG
GTLB
FROG vs. GTLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JFrog Ltd. (FROG) and GitLab Inc. (GTLB). 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.
| FROG | GTLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.03 | ||
| Sortino ratioReturn per unit of downside risk | +2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.92 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | -0.59 | +2.55 |
| Martin ratioReturn relative to average drawdown | 5.16 | -1.08 | +6.24 |
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Drawdowns
FROG vs. GTLB - Drawdown Comparison
The maximum FROG drawdown since its inception was -80.38%, smaller than the maximum GTLB drawdown of -85.16%. Use the drawdown chart below to compare losses from any high point for FROG and GTLB.
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Drawdown Indicators
| FROG | GTLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.38% | -85.16% | +4.78% |
Max Drawdown (1Y)Largest decline over 1 year | -49.62% | -61.95% | +12.33% |
Max Drawdown (3Y)Largest decline over 3 years | -49.62% | -74.97% | +25.35% |
Max Drawdown (5Y)Largest decline over 5 years | -65.94% | — | — |
Current DrawdownCurrent decline from peak | -9.53% | -80.26% | +70.73% |
Average DrawdownAverage peak-to-trough decline | -56.41% | -61.11% | +4.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.75% | 33.90% | -15.15% |
Volatility
FROG vs. GTLB - Volatility Comparison
The current volatility for JFrog Ltd. (FROG) is 18.83%, while GitLab Inc. (GTLB) has a volatility of 19.93%. This indicates that FROG experiences smaller price fluctuations and is considered to be less risky than GTLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FROG | GTLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.83% | 19.93% | -1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 56.89% | 44.78% | +12.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.32% | 58.31% | +11.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.70% | 74.48% | -17.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.59% | 74.48% | -16.89% |
Dividends
FROG vs. GTLB - Dividend Comparison
Neither FROG nor GTLB has paid dividends to shareholders.
Financials
FROG vs. GTLB - Financials Comparison
This section allows you to compare key financial metrics between JFrog Ltd. and GitLab 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
FROG vs. GTLB - Profitability Comparison
FROG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported a gross profit of 120.38M and revenue of 153.98M. Therefore, the gross margin over that period was 78.2%.
GTLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GitLab Inc. reported a gross profit of 226.67M and revenue of 264.16M. Therefore, the gross margin over that period was 85.8%.
FROG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported an operating income of -12.93M and revenue of 153.98M, resulting in an operating margin of -8.4%.
GTLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GitLab Inc. reported an operating income of -15.75M and revenue of 264.16M, resulting in an operating margin of -6.0%.
FROG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported a net income of -8.27M and revenue of 153.98M, resulting in a net margin of -5.4%.
GTLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GitLab Inc. reported a net income of -4.97M and revenue of 264.16M, resulting in a net margin of -1.9%.
Frequently Asked Questions
FROG and GTLB have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GTLB has higher volatility (19.93%) compared to FROG (18.83%). In terms of maximum drawdown, FROG dropped -80.38% vs GTLB's -85.16%.
FROG currently has the higher Sharpe Ratio (1.40 vs -0.63), 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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