FTNT vs. IBKR

Last updated Jun 13, 2026

FTNT (Fortinet, Inc.) and IBKR (Interactive Brokers Group, Inc.) are both stocks. FTNT operates in Software - Infrastructure (Technology), while IBKR operates in Capital Markets (Financial Services). Over the past 10 years, FTNT returned 36.02%/yr vs 26.54%/yr for IBKR. At a 0.32 correlation, their price movements are largely independent.

Performance

FTNT vs. IBKR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortinet, Inc. (FTNT) and Interactive Brokers Group, Inc. (IBKR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTNT achieves a 84.23% return, which is significantly higher than IBKR's 41.50% return. Over the past 10 years, FTNT has outperformed IBKR with an annualized return of 36.02%, while IBKR has yielded a comparatively lower 26.54% annualized return.

FTNT

• 1D: 0.85%
• 1M: 24.31%
• YTD: 84.23%
• 6M: 77.94%
• 1Y: 43.91%
• 3Y*: 27.56%
• 5Y*: 26.15%
• 10Y*: 36.02%

IBKR

• 1D: 2.23%
• 1M: 6.79%
• YTD: 41.50%
• 6M: 41.85%
• 1Y: 78.02%
• 3Y*: 67.33%
• 5Y*: 41.64%
• 10Y*: 26.54%

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

FTNT vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTNT Fortinet, Inc.	84.23%	-15.95%	61.42%	19.72%	-31.98%	141.97%	39.13%	51.58%	61.20%	45.05%
IBKR Interactive Brokers Group, Inc.	41.50%	46.37%	114.43%	15.14%	-8.35%	31.12%	31.71%	-14.01%	-7.13%	63.75%

Correlation

The correlation between FTNT and IBKR is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Nov 18, 2009	0.32

The correlation between FTNT and IBKR shifts across timeframes, from 0.20 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap FTNT : $108.67B IBKR : $40.72B
EPS FTNT : $2.58 IBKR : $3.76
PE Ratio FTNT : 56.81 IBKR : 24.18
PEG Ratio FTNT : 1.58 IBKR : 0.83
PS Ratio FTNT : 15.62 IBKR : 4.66
PB Ratio FTNT : 109.80 IBKR : 1.92
Total Revenue (TTM) FTNT : $7.11B IBKR : $8.69B
Gross Profit (TTM) FTNT : $5.74B IBKR : $7.75B
EBITDA (TTM) FTNT : $2.47B IBKR : $7.07B

Return for Risk

FTNT vs. IBKR — Risk / Return Rank

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

FTNT

FTNT Risk / Return Rank: 69
FTNT Sharpe Ratio Rank: 73
FTNT Sortino Ratio Rank: 67
FTNT Omega Ratio Rank: 73
FTNT Calmar Ratio Rank: 70
FTNT Martin Ratio Rank: 63

IBKR

IBKR Risk / Return Rank: 88
IBKR Sharpe Ratio Rank: 90
IBKR Sortino Ratio Rank: 86
IBKR Omega Ratio Rank: 84
IBKR Calmar Ratio Rank: 90
IBKR Martin Ratio Rank: 89

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.

FTNT vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and Interactive Brokers Group, Inc. (IBKR). 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.

	FTNT	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	0.98	2.08	-1.11
Sortino ratio: Return per unit of downside risk	1.47	2.67	-1.20
Omega ratio: Gain probability vs. loss probability	1.23	1.33	-0.10
Calmar ratio: Return relative to maximum drawdown	1.43	4.20	-2.77
Martin ratio: Return relative to average drawdown	2.09	10.65	-8.56

FTNT vs. IBKR - Sharpe Ratio Comparison

The current FTNT Sharpe Ratio is 0.98, which is lower than the IBKR Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FTNT and IBKR, 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

FTNT vs. IBKR - Drawdown Comparison

The maximum FTNT drawdown since its inception was -51.20%, smaller than the maximum IBKR drawdown of -63.66%. Use the drawdown chart below to compare losses from any high point for FTNT and IBKR.

Drawdown Indicators

	FTNT	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-51.20%	-63.66%	+12.46%
Max Drawdown (1Y) Largest decline over 1 year	-30.90%	-18.70%	-12.20%
Max Drawdown (3Y) Largest decline over 3 years	-38.32%	-38.66%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-38.32%	-38.66%	+0.34%
Max Drawdown (10Y) Largest decline over 10 years	-38.32%	-55.09%	+16.77%
Current Drawdown Current decline from peak	-2.25%	0.00%	-2.25%
Average Drawdown Average peak-to-trough decline	-16.22%	-24.85%	+8.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.07%	7.35%	+13.72%

Volatility

FTNT vs. IBKR - Volatility Comparison

Fortinet, Inc. (FTNT) has a higher volatility of 13.35% compared to Interactive Brokers Group, Inc. (IBKR) at 11.31%. This indicates that FTNT's price experiences larger fluctuations and is considered to be riskier than IBKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTNT	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.35%	11.31%	+2.04%
Volatility (6M) Calculated over the trailing 6-month period	31.79%	27.82%	+3.97%
Volatility (1Y) Calculated over the trailing 1-year period	45.18%	37.67%	+7.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.94%	34.50%	+9.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.88%	33.37%	+7.51%

Dividends

FTNT vs. IBKR - Dividend Comparison

FTNT has not paid dividends to shareholders, while IBKR's dividend yield for the trailing twelve months is around 0.36%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTNT Fortinet, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBKR Interactive Brokers Group, Inc.	0.36%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%

Financials

Frequently Asked Questions

Can I hold both FTNT and IBKR in my portfolio?

FTNT and IBKR have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTNT or IBKR?

FTNT has higher volatility (13.35%) compared to IBKR (11.31%). In terms of maximum drawdown, FTNT dropped -51.20% vs IBKR's -63.66%.

Which has better risk-adjusted returns?

IBKR currently has the higher Sharpe Ratio (2.08 vs 0.98), 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.