FRSH vs. PL

Last updated Aug 1, 2026

FRSH (Freshworks Inc.) and PL (Planet Labs PBC) are both stocks. FRSH operates in Software - Application (Technology), while PL operates in Aerospace & Defense (Industrials). Over the past 3 years, FRSH returned -14.61%/yr vs 75.79%/yr for PL. Their 0.43 correlation means their historical movements had little consistent relationship.

Performance

FRSH vs. PL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Freshworks Inc. (FRSH) and Planet Labs PBC (PL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FRSH achieves a -7.31% return, which is significantly lower than PL's 3.85% return.

FRSH

• 1D: 0.84%
• 1M: 9.82%
• 6M: 5.33%
• YTD: -7.31%
• 1Y: -10.45%
• 3Y*: -14.61%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -24.17%

PL

• 1D: 1.29%
• 1M: -34.74%
• 6M: -17.98%
• YTD: 3.85%
• 1Y: 231.39%
• 3Y*: 75.79%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FRSH Freshworks Inc.	$150.24M	$181.30M	$171.49M
PL Planet Labs PBC	$154.63M	$194.28M	$413.79M

FRSH vs. PL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FRSH Freshworks Inc.	-7.31%	-24.24%	-31.16%	59.69%	-43.98%	-7.83%
PL Planet Labs PBC	3.85%	388.12%	63.56%	-43.22%	-29.27%	-45.33%

Correlation

The correlation between FRSH and PL is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (3Y) Balances recent behavior with more history.	0.32
Correlation (All Time) Calculated using the full available price history since Dec 8, 2021	0.43

Over the past year, the correlation between FRSH and PL has dropped to 0.02 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

Fundamentals

Market Cap FRSH : $3.14B PL : $6.82B
EPS FRSH : $0.63 PL : -$1.15
PS Ratio FRSH : 3.71 PL : 19.77
PB Ratio FRSH : 3.16 PL : 15.95
Total Revenue (TTM) FRSH : $871.17M PL : $335.61M
Gross Profit (TTM) FRSH : $740.21M PL : $186.28M
EBITDA (TTM) FRSH : $55.83M PL : -$125.70M

Return for Risk

FRSH vs. PL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FRSH

FRSH Risk / Return Rank: 33
FRSH Sharpe Ratio Rank: 32
FRSH Sortino Ratio Rank: 31
FRSH Omega Ratio Rank: 31
FRSH Calmar Ratio Rank: 36
FRSH Martin Ratio Rank: 36

PL

PL Risk / Return Rank: 92
PL Sharpe Ratio Rank: 93
PL Sortino Ratio Rank: 92
PL Omega Ratio Rank: 91
PL Calmar Ratio Rank: 91
PL Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FRSH vs. PL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Freshworks Inc. (FRSH) and Planet Labs PBC (PL). 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.

	FRSH	PL	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	2.20	-2.46
Sortino ratio: Return per unit of downside risk	-0.05	3.00	-3.05
Omega ratio: Gain probability vs. loss probability	0.99	1.38	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.25	3.69	-3.94
Martin ratio: Return relative to average drawdown	-0.45	10.35	-10.80

FRSH vs. PL - Sharpe Ratio Comparison

The current FRSH Sharpe Ratio is -0.26, which is lower than the PL Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of FRSH and PL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FRSH vs. PL - Drawdown Comparison

The maximum FRSH drawdown since its inception was -86.31%, roughly equal to the maximum PL drawdown of -85.11%. Use the drawdown chart below to compare losses from any high point for FRSH and PL.

Drawdown Indicators

	FRSH	PL	Difference
Max Drawdown Largest peak-to-trough decline	-86.31%	-85.11%	-1.20%
Max Drawdown (1Y) Largest decline over 1 year	-50.75%	-62.12%	+11.37%
Max Drawdown (3Y) Largest decline over 3 years	-71.90%	-62.12%	-9.78%
Current Drawdown Current decline from peak	-77.40%	-60.16%	-17.24%
Average Drawdown Average peak-to-trough decline	-67.64%	-55.22%	-12.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.74%	22.11%	+5.63%

Volatility

FRSH vs. PL - Volatility Comparison

The current volatility for Freshworks Inc. (FRSH) is 14.56%, while Planet Labs PBC (PL) has a volatility of 18.15%. This indicates that FRSH experiences smaller price fluctuations and is considered to be less risky than PL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FRSH	PL	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.56%	18.15%	-3.59%
Volatility (6M) Calculated over the trailing 6-month period	41.32%	73.79%	-32.47%
Volatility (1Y) Calculated over the trailing 1-year period	48.01%	104.24%	-56.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.44%	84.73%	-26.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.44%	84.73%	-26.29%

Dividends

FRSH vs. PL - Dividend Comparison

Neither FRSH nor PL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both FRSH and PL in my portfolio?

FRSH and PL have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FRSH or PL?

PL has higher volatility (18.15%) compared to FRSH (14.56%). In terms of maximum drawdown, FRSH dropped -86.31% vs PL's -85.11%.

Which has better risk-adjusted returns?

PL currently has the higher Sharpe Ratio (2.20 vs -0.26), 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.