GTLB vs. DELL
GTLB (GitLab Inc.) and DELL (Dell Technologies Inc.) are both stocks. Both are in the Technology sector — GTLB in Software - Application, DELL in Computer Hardware. Over the past 3 years, GTLB returned -14.08%/yr vs 101.91%/yr for DELL. At a 0.30 correlation, their price movements are largely independent.
Performance
GTLB vs. DELL - Performance Comparison
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Returns By Period
In the year-to-date period, GTLB achieves a -13.62% return, which is significantly lower than DELL's 248.13% return.
GTLB
- 1D
- -4.25%
- 1M
- 16.66%
- 6M
- -8.39%
- YTD
- -13.62%
- 1Y
- -22.86%
- 3Y*
- -14.08%
- 5Y*
- —
- 10Y*
- —
DELL
- 1D
- -3.39%
- 1M
- 9.96%
- 6M
- 263.31%
- YTD
- 248.13%
- 1Y
- 248.17%
- 3Y*
- 101.91%
- 5Y*
- 56.57%
- 10Y*
- —
GTLB vs. DELL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GTLB GitLab Inc. | -13.62% | -33.40% | -10.50% | 38.56% | -47.77% | -7.69% |
DELL Dell Technologies Inc. | 248.13% | 11.22% | 52.97% | 95.85% | -26.63% | 6.89% |
Correlation
The correlation between GTLB and DELL is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 14, 2021 | 0.30 |
The correlation between GTLB and DELL shifts across timeframes, from 0.15 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GTLB:
$5.48B
DELL:
$288.98B
GTLB:
-$0.15
DELL:
$12.42
GTLB:
5.39
DELL:
2.20
GTLB:
$1.00B
DELL:
$134.00B
GTLB:
$871.68M
DELL:
$25.67B
GTLB:
-$42.85M
DELL:
$10.64B
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Return for Risk
GTLB vs. DELL — Risk / Return Rank
GTLB
DELL
GTLB vs. DELL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GitLab Inc. (GTLB) and Dell Technologies Inc. (DELL). 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.
| GTLB | DELL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.16 | ||
| Sortino ratioReturn per unit of downside risk | -4.70 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.52 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 7.64 | -8.09 |
| Martin ratioReturn relative to average drawdown | -0.80 | 16.71 | -17.51 |
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Drawdowns
GTLB vs. DELL - Drawdown Comparison
The maximum GTLB drawdown since its inception was -85.16%, which is greater than DELL's maximum drawdown of -59.59%. Use the drawdown chart below to compare losses from any high point for GTLB and DELL.
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Drawdown Indicators
| GTLB | DELL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.16% | -59.59% | -25.57% |
Max Drawdown (1Y)Largest decline over 1 year | -61.95% | -32.34% | -29.61% |
Max Drawdown (3Y)Largest decline over 3 years | -74.97% | -59.59% | -15.38% |
Max Drawdown (5Y)Largest decline over 5 years | — | -59.59% | — |
Current DrawdownCurrent decline from peak | -75.23% | -6.65% | -68.58% |
Average DrawdownAverage peak-to-trough decline | -61.28% | -18.40% | -42.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.09% | 14.75% | +20.34% |
Volatility
GTLB vs. DELL - Volatility Comparison
GitLab Inc. (GTLB) and Dell Technologies Inc. (DELL) have volatilities of 16.46% and 16.82%, 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
| GTLB | DELL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.46% | 16.82% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 46.42% | 55.35% | -8.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.32% | 67.06% | -7.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 74.33% | 51.26% | +23.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.33% | 48.08% | +26.25% |
Dividends
GTLB vs. DELL - Dividend Comparison
GTLB has not paid dividends to shareholders, while DELL's dividend yield for the trailing twelve months is around 0.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DELL Dell Technologies Inc. | 0.51% | 1.60% | 1.48% | 1.88% | 2.46% |
GTLB GitLab Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GTLB vs. DELL - Financials Comparison
This section allows you to compare key financial metrics between GitLab Inc. and Dell Technologies 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
GTLB vs. DELL - Profitability Comparison
GTLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, GitLab Inc. reported a gross profit of 226.67M and revenue of 264.16M. Therefore, the gross margin over that period was 85.8%.
DELL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Dell Technologies Inc. reported a gross profit of 7.78B and revenue of 43.84B. Therefore, the gross margin over that period was 17.8%.
GTLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, GitLab Inc. reported an operating income of -15.75M and revenue of 264.16M, resulting in an operating margin of -6.0%.
DELL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Dell Technologies Inc. reported an operating income of 3.66B and revenue of 43.84B, resulting in an operating margin of 8.3%.
GTLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, GitLab Inc. reported a net income of -4.97M and revenue of 264.16M, resulting in a net margin of -1.9%.
DELL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Dell Technologies Inc. reported a net income of 3.44B and revenue of 43.84B, resulting in a net margin of 7.8%.
Frequently Asked Questions
GTLB and DELL have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DELL has higher volatility (16.82%) compared to GTLB (16.46%). In terms of maximum drawdown, GTLB dropped -85.16% vs DELL's -59.59%.
DELL currently has the higher Sharpe Ratio (3.68 vs -0.48), 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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