GPN vs. FFIV

Last updated Jun 13, 2026

GPN (Global Payments Inc.) and FFIV (F5 Networks, Inc.) are both stocks. GPN operates in Specialty Business Services (Industrials), while FFIV operates in Software - Infrastructure (Technology). Over the past 10 years, GPN returned -0.28%/yr vs 12.87%/yr for FFIV. At a 0.35 correlation, their price movements are largely independent.

Performance

GPN vs. FFIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global Payments Inc. (GPN) and F5 Networks, Inc. (FFIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GPN achieves a -11.90% return, which is significantly lower than FFIV's 55.20% return. Over the past 10 years, GPN has underperformed FFIV with an annualized return of -0.28%, while FFIV has yielded a comparatively higher 12.87% annualized return.

GPN

• 1D: 3.87%
• 1M: 1.43%
• YTD: -11.90%
• 6M: -16.89%
• 1Y: -12.09%
• 3Y*: -11.36%
• 5Y*: -18.15%
• 10Y*: -0.28%

FFIV

• 1D: 0.59%
• 1M: 10.84%
• YTD: 55.20%
• 6M: 50.82%
• 1Y: 35.83%
• 3Y*: 38.11%
• 5Y*: 15.50%
• 10Y*: 12.87%

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

GPN vs. FFIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GPN Global Payments Inc.	-11.90%	-30.11%	-10.97%	29.02%	-25.91%	-36.91%	18.51%	77.25%	2.92%	44.49%
FFIV F5 Networks, Inc.	55.20%	1.51%	40.50%	24.72%	-41.36%	39.09%	25.99%	-13.81%	23.48%	-9.33%

Correlation

The correlation between GPN and FFIV is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jan 16, 2001	0.35

The correlation between GPN and FFIV shifts across timeframes, from 0.25 (1 year) to 0.41 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS GPN : -$3.90 FFIV : $12.19
PS Ratio GPN : 1.39 FFIV : 9.54
Total Revenue (TTM) GPN : $8.83B FFIV : $2.41B
Gross Profit (TTM) GPN : $4.25B FFIV : $2.63B
EBITDA (TTM) GPN : $2.27B FFIV : $889.95M

Return for Risk

GPN vs. FFIV — Risk / Return Rank

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

GPN

GPN Risk / Return Rank: 28
GPN Sharpe Ratio Rank: 30
GPN Sortino Ratio Rank: 27
GPN Omega Ratio Rank: 28
GPN Calmar Ratio Rank: 29
GPN Martin Ratio Rank: 28

FFIV

FFIV Risk / Return Rank: 69
FFIV Sharpe Ratio Rank: 75
FFIV Sortino Ratio Rank: 69
FFIV Omega Ratio Rank: 70
FFIV Calmar Ratio Rank: 65
FFIV Martin Ratio Rank: 64

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.

GPN vs. FFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global Payments Inc. (GPN) and F5 Networks, Inc. (FFIV). 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.

	GPN	FFIV	Difference
Sharpe ratio: Return per unit of total volatility	-0.31	1.08	-1.38
Sortino ratio: Return per unit of downside risk	-0.20	1.58	-1.78
Omega ratio: Gain probability vs. loss probability	0.98	1.21	-0.23
Calmar ratio: Return relative to maximum drawdown	-0.41	1.04	-1.44
Martin ratio: Return relative to average drawdown	-0.81	2.28	-3.09

GPN vs. FFIV - Sharpe Ratio Comparison

The current GPN Sharpe Ratio is -0.31, which is lower than the FFIV Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of GPN and FFIV, 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

GPN vs. FFIV - Drawdown Comparison

The maximum GPN drawdown since its inception was -70.17%, smaller than the maximum FFIV drawdown of -97.59%. Use the drawdown chart below to compare losses from any high point for GPN and FFIV.

Drawdown Indicators

	GPN	FFIV	Difference
Max Drawdown Largest peak-to-trough decline	-70.17%	-97.59%	+27.42%
Max Drawdown (1Y) Largest decline over 1 year	-29.95%	-34.73%	+4.78%
Max Drawdown (3Y) Largest decline over 3 years	-53.95%	-34.73%	-19.22%
Max Drawdown (5Y) Largest decline over 5 years	-66.52%	-47.42%	-19.10%
Max Drawdown (10Y) Largest decline over 10 years	-70.17%	-54.59%	-15.58%
Current Drawdown Current decline from peak	-67.54%	-3.17%	-64.37%
Average Drawdown Average peak-to-trough decline	-18.90%	-40.16%	+21.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.92%	15.77%	-0.85%

Volatility

GPN vs. FFIV - Volatility Comparison

Global Payments Inc. (GPN) has a higher volatility of 13.23% compared to F5 Networks, Inc. (FFIV) at 8.89%. This indicates that GPN's price experiences larger fluctuations and is considered to be riskier than FFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPN	FFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.23%	8.89%	+4.34%
Volatility (6M) Calculated over the trailing 6-month period	30.58%	24.72%	+5.86%
Volatility (1Y) Calculated over the trailing 1-year period	39.63%	33.48%	+6.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.64%	29.97%	+6.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.55%	29.56%	+4.99%

Dividends

GPN vs. FFIV - Dividend Comparison

GPN's dividend yield for the trailing twelve months is around 1.85%, while FFIV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFIV F5 Networks, 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%
GPN Global Payments Inc.	1.85%	1.29%	0.89%	0.79%	1.01%	0.66%	0.36%	0.12%	0.04%	0.04%	0.06%	0.06%

Financials

Frequently Asked Questions

Can I hold both GPN and FFIV in my portfolio?

GPN and FFIV have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPN or FFIV?

GPN has higher volatility (13.23%) compared to FFIV (8.89%). In terms of maximum drawdown, GPN dropped -70.17% vs FFIV's -97.59%.

Which has better risk-adjusted returns?

FFIV currently has the higher Sharpe Ratio (1.08 vs -0.31), 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.