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FROG vs. SMWB
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

FROG vs. SMWB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JFrog Ltd. (FROG) and Similarweb Ltd. (SMWB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FROG achieves a 27.91% return, which is significantly higher than SMWB's -31.51% return.


FROG

1D
-3.42%
1M
7.97%
YTD
27.91%
6M
17.30%
1Y
96.39%
3Y*
44.39%
5Y*
11.28%
10Y*

SMWB

1D
2.81%
1M
24.21%
YTD
-31.51%
6M
-27.95%
1Y
-28.85%
3Y*
-6.77%
5Y*
-23.06%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FROG vs. SMWB - Yearly Performance Comparison


2026 (YTD)20252024202320222021
FROG
JFrog Ltd.
27.91%112.38%-15.02%62.26%-28.18%-19.21%
SMWB
Similarweb Ltd.
-31.51%-47.14%165.85%-17.11%-64.10%-13.73%

Correlation

The correlation between FROG and SMWB is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since May 12, 2021

0.38

Fundamentals

Market Cap

FROG:

$9.60B

SMWB:

$447.72M

EPS

FROG:

-$0.52

SMWB:

-$0.35

PS Ratio

FROG:

16.71

SMWB:

1.52

PB Ratio

FROG:

10.39

SMWB:

21.50

Total Revenue (TTM)

FROG:

$563.41M

SMWB:

$289.39M

Gross Profit (TTM)

FROG:

$436.09M

SMWB:

$229.86M

EBITDA (TTM)

FROG:

-$58.97M

SMWB:

-$7.54M

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JFrog Ltd.

Similarweb Ltd.

Return for Risk

FROG vs. SMWB — Risk / Return Rank

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

FROG
FROG Risk / Return Rank: 7878
Overall Rank
FROG Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
FROG Sortino Ratio Rank: 7979
Sortino Ratio Rank
FROG Omega Ratio Rank: 8080
Omega Ratio Rank
FROG Calmar Ratio Rank: 7575
Calmar Ratio Rank
FROG Martin Ratio Rank: 7777
Martin Ratio Rank

SMWB
SMWB Risk / Return Rank: 2828
Overall Rank
SMWB Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
SMWB Sortino Ratio Rank: 2828
Sortino Ratio Rank
SMWB Omega Ratio Rank: 2828
Omega Ratio Rank
SMWB Calmar Ratio Rank: 3030
Calmar Ratio Rank
SMWB Martin Ratio Rank: 3030
Martin Ratio Rank
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.

FROG vs. SMWB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JFrog Ltd. (FROG) and Similarweb Ltd. (SMWB). 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.


FROGSMWBDifference
Sharpe ratioReturn per unit of total volatility

+1.80

Sortino ratioReturn per unit of downside risk

+2.29

Omega ratioGain probability vs. loss probability

1.29

0.98

+0.31

Calmar ratioReturn relative to maximum drawdown

1.95

-0.37

+2.33

Martin ratioReturn relative to average drawdown

5.16

-0.63

+5.79

FROG vs. SMWB - Sharpe Ratio Comparison

The current FROG Sharpe Ratio is 1.40, which is higher than the SMWB Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of FROG and SMWB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FROG vs. SMWB - Drawdown Comparison

The maximum FROG drawdown since its inception was -80.38%, smaller than the maximum SMWB drawdown of -90.59%. Use the drawdown chart below to compare losses from any high point for FROG and SMWB.


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Drawdown Indicators


FROGSMWBDifference

Max Drawdown

Largest peak-to-trough decline

-80.38%

-90.59%

+10.21%

Max Drawdown (1Y)

Largest decline over 1 year

-49.62%

-77.60%

+27.98%

Max Drawdown (3Y)

Largest decline over 3 years

-49.62%

-86.66%

+37.04%

Max Drawdown (5Y)

Largest decline over 5 years

-65.94%

-90.59%

+24.65%

Current Drawdown

Current decline from peak

-9.53%

-79.28%

+69.75%

Average Drawdown

Average peak-to-trough decline

-56.41%

-61.43%

+5.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.75%

45.82%

-27.07%

Volatility

FROG vs. SMWB - Volatility Comparison

The current volatility for JFrog Ltd. (FROG) is 18.83%, while Similarweb Ltd. (SMWB) has a volatility of 24.70%. This indicates that FROG experiences smaller price fluctuations and is considered to be less risky than SMWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FROGSMWBDifference

Volatility (1M)

Calculated over the trailing 1-month period

18.83%

24.70%

-5.87%

Volatility (6M)

Calculated over the trailing 6-month period

56.89%

65.49%

-8.60%

Volatility (1Y)

Calculated over the trailing 1-year period

69.32%

72.03%

-2.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

56.70%

65.51%

-8.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

57.59%

64.94%

-7.35%

Dividends

FROG vs. SMWB - Dividend Comparison

Neither FROG nor SMWB has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

FROG vs. SMWB - Financials Comparison

This section allows you to compare key financial metrics between JFrog Ltd. and Similarweb Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


20.00M40.00M60.00M80.00M100.00M120.00M140.00M160.00M20222023202420252026
153.98M
73.88M
(FROG) Total Revenue
(SMWB) Total Revenue
Values in USD except per share items

FROG vs. SMWB - Profitability Comparison

The chart below illustrates the profitability comparison between JFrog Ltd. and Similarweb Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

70.0%72.0%74.0%76.0%78.0%80.0%20222023202420252026
78.2%
78.8%
Portfolio components
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%.

SMWB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Similarweb Ltd. reported a gross profit of 58.24M and revenue of 73.88M. Therefore, the gross margin over that period was 78.8%.

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%.

SMWB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Similarweb Ltd. reported an operating income of -3.24M and revenue of 73.88M, resulting in an operating margin of -4.4%.

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%.

SMWB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Similarweb Ltd. reported a net income of -6.36M and revenue of 73.88M, resulting in a net margin of -8.6%.


Frequently Asked Questions


FROG and SMWB have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SMWB has higher volatility (24.70%) compared to FROG (18.83%). In terms of maximum drawdown, FROG dropped -80.38% vs SMWB's -90.59%.

FROG currently has the higher Sharpe Ratio (1.40 vs -0.40), 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.

Portfolio Optimizer

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