IT vs. WDAY
IT (Gartner, Inc.) and WDAY (Workday, Inc.) are both stocks. Both are in the Technology sector — IT in Information Technology Services, WDAY in Software - Application. Over the past 10 years, IT returned 4.31%/yr vs 7.15%/yr for WDAY. Their 0.44 correlation means their historical movements had little consistent relationship.
Performance
IT vs. WDAY - Performance Comparison
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Returns By Period
In the year-to-date period, IT achieves a -40.14% return, which is significantly lower than WDAY's -25.35% return. Over the past 10 years, IT has underperformed WDAY with an annualized return of 4.31%, while WDAY has yielded a comparatively higher 7.15% annualized return.
IT
- 1D
- -1.24%
- 1M
- 10.78%
- 6M
- -27.95%
- YTD
- -40.14%
- 1Y
- -54.03%
- 3Y*
- -23.99%
- 5Y*
- -10.62%
- 10Y*
- 4.31%
- ALL TIME*
- 12.68%
WDAY
- 1D
- 1.41%
- 1M
- 18.42%
- 6M
- -8.71%
- YTD
- -25.35%
- 1Y
- -27.85%
- 3Y*
- -12.56%
- 5Y*
- -7.31%
- 10Y*
- 7.15%
- ALL TIME*
- 9.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $195.68M | $183.42M | $237.52M | |
WDAY Workday, Inc. | $770.79M | $685.96M | $691.12M |
IT vs. WDAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IT Gartner, Inc. | -40.14% | -47.93% | 7.40% | 34.20% | 0.54% | 108.70% | 3.95% | 20.54% | 3.81% | 21.85% |
WDAY Workday, Inc. | -25.35% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | 2.99% | 56.95% | 53.94% |
Correlation
The correlation between IT and WDAY is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2012 | 0.44 |
The correlation between IT and WDAY shifts across timeframes, from 0.44 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IT:
$10.11B
WDAY:
$42.00B
IT:
$10.24
WDAY:
$3.23
IT:
14.75
WDAY:
49.69
IT:
2.54
WDAY:
0.03
IT:
1.69
WDAY:
4.27
IT:
166.70
WDAY:
6.10
IT:
$6.47B
WDAY:
$9.85B
IT:
$4.42B
WDAY:
$7.66B
IT:
$1.26B
WDAY:
$1.57B
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Return for Risk
IT vs. WDAY — Risk / Return Rank
IT
WDAY
IT vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gartner, Inc. (IT) and Workday, Inc. (WDAY). 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.
| IT | WDAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 0.92 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.89 | -0.55 | -0.33 |
| Martin ratioReturn relative to average drawdown | -1.27 | -0.90 | -0.37 |
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Drawdowns
IT vs. WDAY - Drawdown Comparison
The maximum IT drawdown since its inception was -85.07%, which is greater than WDAY's maximum drawdown of -63.38%. Use the drawdown chart below to compare losses from any high point for IT and WDAY.
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Drawdown Indicators
| IT | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.07% | -63.38% | -21.69% |
Max Drawdown (1Y)Largest decline over 1 year | -62.66% | -54.58% | -8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -77.21% | -63.38% | -13.83% |
Max Drawdown (5Y)Largest decline over 5 years | -77.21% | -63.38% | -13.83% |
Max Drawdown (10Y)Largest decline over 10 years | -77.21% | -63.38% | -13.83% |
Current DrawdownCurrent decline from peak | -72.63% | -47.81% | -24.82% |
Average DrawdownAverage peak-to-trough decline | -30.75% | -21.29% | -9.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.89% | 33.34% | +10.55% |
Volatility
IT vs. WDAY - Volatility Comparison
Gartner, Inc. (IT) and Workday, Inc. (WDAY) have volatilities of 19.54% and 19.91%, 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
| IT | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.54% | 19.91% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 43.20% | 43.24% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.80% | 49.57% | +7.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.23% | 40.40% | -4.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.72% | 39.45% | -5.73% |
Dividends
IT vs. WDAY - Dividend Comparison
Neither IT nor WDAY has paid dividends to shareholders.
Financials
IT vs. WDAY - Financials Comparison
This section allows you to compare key financial metrics between Gartner, Inc. and Workday, 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
IT vs. WDAY - Profitability Comparison
IT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Gartner, Inc. reported a gross profit of 1.08B and revenue of 1.51B. Therefore, the gross margin over that period was 71.6%.
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
IT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Gartner, Inc. reported an operating income of 316.09M and revenue of 1.51B, resulting in an operating margin of 20.9%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
IT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Gartner, Inc. reported a net income of 222.34M and revenue of 1.51B, resulting in a net margin of 14.7%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
Frequently Asked Questions
IT and WDAY have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.91%) compared to IT (19.54%). In terms of maximum drawdown, IT dropped -85.07% vs WDAY's -63.38%.
WDAY currently has the higher Sharpe Ratio (-0.61 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.
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