PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FTNT vs. NOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


FTNTNOW
YTD Return7.94%-1.86%
1Y Return0.59%53.93%
3Y Return (Ann)15.69%11.07%
5Y Return (Ann)28.20%21.48%
10Y Return (Ann)30.62%29.84%
Sharpe Ratio0.011.80
Daily Std Dev39.58%28.33%
Max Drawdown-51.20%-51.30%
Current Drawdown-21.30%-14.71%

Fundamentals


FTNTNOW
Market Cap$48.97B$148.60B
EPS$1.46$9.33
PE Ratio43.9677.55
PEG Ratio1.792.89
Revenue (TTM)$5.30B$9.48B
Gross Profit (TTM)$3.33B$5.67B
EBITDA (TTM)$1.35B$1.52B

Correlation

-0.50.00.51.00.6

The correlation between FTNT and NOW is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

FTNT vs. NOW - Performance Comparison

In the year-to-date period, FTNT achieves a 7.94% return, which is significantly higher than NOW's -1.86% return. Both investments have delivered pretty close results over the past 10 years, with FTNT having a 30.62% annualized return and NOW not far behind at 29.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%NovemberDecember2024FebruaryMarchApril
1,260.47%
2,718.41%
FTNT
NOW

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fortinet, Inc.

ServiceNow, Inc.

Risk-Adjusted Performance

FTNT vs. NOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) and ServiceNow, Inc. (NOW). 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.


FTNT
Sharpe ratio
The chart of Sharpe ratio for FTNT, currently valued at 0.01, compared to the broader market-2.00-1.000.001.002.003.000.01
Sortino ratio
The chart of Sortino ratio for FTNT, currently valued at 0.26, compared to the broader market-4.00-2.000.002.004.006.000.26
Omega ratio
The chart of Omega ratio for FTNT, currently valued at 1.05, compared to the broader market0.501.001.501.05
Calmar ratio
The chart of Calmar ratio for FTNT, currently valued at 0.01, compared to the broader market0.002.004.006.000.01
Martin ratio
The chart of Martin ratio for FTNT, currently valued at 0.01, compared to the broader market-10.000.0010.0020.0030.000.01
NOW
Sharpe ratio
The chart of Sharpe ratio for NOW, currently valued at 1.80, compared to the broader market-2.00-1.000.001.002.003.001.80
Sortino ratio
The chart of Sortino ratio for NOW, currently valued at 2.27, compared to the broader market-4.00-2.000.002.004.006.002.27
Omega ratio
The chart of Omega ratio for NOW, currently valued at 1.31, compared to the broader market0.501.001.501.31
Calmar ratio
The chart of Calmar ratio for NOW, currently valued at 1.32, compared to the broader market0.002.004.006.001.32
Martin ratio
The chart of Martin ratio for NOW, currently valued at 9.59, compared to the broader market-10.000.0010.0020.0030.009.59

FTNT vs. NOW - Sharpe Ratio Comparison

The current FTNT Sharpe Ratio is 0.01, which is lower than the NOW Sharpe Ratio of 1.80. The chart below compares the 12-month rolling Sharpe Ratio of FTNT and NOW.


Rolling 12-month Sharpe Ratio0.001.002.003.00NovemberDecember2024FebruaryMarchApril
0.01
1.80
FTNT
NOW

Dividends

FTNT vs. NOW - Dividend Comparison

Neither FTNT nor NOW has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FTNT vs. NOW - Drawdown Comparison

The maximum FTNT drawdown since its inception was -51.20%, roughly equal to the maximum NOW drawdown of -51.30%. Use the drawdown chart below to compare losses from any high point for FTNT and NOW. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-21.30%
-14.71%
FTNT
NOW

Volatility

FTNT vs. NOW - Volatility Comparison

The current volatility for Fortinet, Inc. (FTNT) is 8.46%, while ServiceNow, Inc. (NOW) has a volatility of 9.29%. This indicates that FTNT experiences smaller price fluctuations and is considered to be less risky than NOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2024FebruaryMarchApril
8.46%
9.29%
FTNT
NOW

Financials

FTNT vs. NOW - Financials Comparison

This section allows you to compare key financial metrics between Fortinet, Inc. and ServiceNow, 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.


Quarterly
Annual

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



Values in USD except per share items