FRSH vs. CRM
FRSH (Freshworks Inc.) and CRM (salesforce.com, inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 3 years, FRSH returned -15.20%/yr vs -3.17%/yr for CRM. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
FRSH vs. CRM - Performance Comparison
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Returns By Period
In the year-to-date period, FRSH achieves a -22.04% return, which is significantly higher than CRM's -27.87% return.
FRSH
- 1D
- -6.00%
- 1M
- 6.35%
- YTD
- -22.04%
- 6M
- -23.29%
- 1Y
- -38.74%
- 3Y*
- -15.20%
- 5Y*
- —
- 10Y*
- —
CRM
- 1D
- -5.09%
- 1M
- 2.77%
- YTD
- -27.87%
- 6M
- -19.82%
- 1Y
- -27.39%
- 3Y*
- -3.17%
- 5Y*
- -4.02%
- 10Y*
- 8.89%
FRSH vs. CRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FRSH Freshworks Inc. | -22.04% | -24.24% | -31.16% | 59.69% | -43.98% | -44.77% |
CRM salesforce.com, inc. | -27.87% | -20.25% | 27.76% | 98.46% | -47.83% | -1.94% |
Correlation
The correlation between FRSH and CRM is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 2021 | 0.56 |
The correlation between FRSH and CRM shifts across timeframes, from 0.55 (3 years) to 0.66 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FRSH:
$2.71B
CRM:
$166.02B
FRSH:
$0.63
CRM:
$8.59
FRSH:
15.21
CRM:
22.18
FRSH:
0.17
CRM:
0.05
FRSH:
3.15
CRM:
4.16
FRSH:
2.65
CRM:
4.85
FRSH:
$871.17M
CRM:
$42.83B
FRSH:
$740.21M
CRM:
$33.25B
FRSH:
$55.83M
CRM:
$12.32B
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Return for Risk
FRSH vs. CRM — Risk / Return Rank
FRSH
CRM
FRSH vs. CRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Freshworks Inc. (FRSH) and salesforce.com, inc. (CRM). 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.
| FRSH | CRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.89 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | -0.70 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.19 | -1.36 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FRSH | CRM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.85 | -0.73 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.11 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.25 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 0.46 | -0.95 |
Drawdowns
FRSH vs. CRM - Drawdown Comparison
The maximum FRSH drawdown since its inception was -86.31%, which is greater than CRM's maximum drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for FRSH and CRM.
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Drawdown Indicators
| FRSH | CRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.31% | -70.50% | -15.81% |
Max Drawdown (1Y)Largest decline over 1 year | -56.87% | -39.46% | -17.41% |
Max Drawdown (3Y)Largest decline over 3 years | -71.90% | -54.70% | -17.20% |
Max Drawdown (5Y)Largest decline over 5 years | — | -58.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -58.62% | — |
Current DrawdownCurrent decline from peak | -81.00% | -47.66% | -33.34% |
Average DrawdownAverage peak-to-trough decline | -67.28% | -16.10% | -51.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.68% | 20.18% | +12.50% |
Volatility
FRSH vs. CRM - Volatility Comparison
Freshworks Inc. (FRSH) and salesforce.com, inc. (CRM) have volatilities of 17.90% and 17.31%, 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
| FRSH | CRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.90% | 17.31% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 40.24% | 31.96% | +8.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.09% | 37.89% | +8.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.66% | 37.02% | +21.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.66% | 35.34% | +23.32% |
Dividends
FRSH vs. CRM - Dividend Comparison
FRSH has not paid dividends to shareholders, while CRM's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CRM salesforce.com, inc. | 0.89% | 0.63% | 0.48% |
FRSH Freshworks Inc. | 0.00% | 0.00% | 0.00% |
Financials
FRSH vs. CRM - Financials Comparison
This section allows you to compare key financial metrics between Freshworks Inc. and salesforce.com, 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
FRSH vs. CRM - Profitability Comparison
FRSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Freshworks Inc. reported a gross profit of 193.95M and revenue of 228.63M. Therefore, the gross margin over that period was 84.8%.
CRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, salesforce.com, inc. reported a gross profit of 8.56B and revenue of 11.13B. Therefore, the gross margin over that period was 76.9%.
FRSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Freshworks Inc. reported an operating income of -8.06M and revenue of 228.63M, resulting in an operating margin of -3.5%.
CRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, salesforce.com, inc. reported an operating income of 2.35B and revenue of 11.13B, resulting in an operating margin of 21.1%.
FRSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Freshworks Inc. reported a net income of -4.81M and revenue of 228.63M, resulting in a net margin of -2.1%.
CRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, salesforce.com, inc. reported a net income of 2.11B and revenue of 11.13B, resulting in a net margin of 18.9%.
Frequently Asked Questions
FRSH and CRM have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRSH has higher volatility (17.90%) compared to CRM (17.31%). In terms of maximum drawdown, FRSH dropped -86.31% vs CRM's -70.50%.
CRM currently has the higher Sharpe Ratio (-0.73 vs -0.85), 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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