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MDB vs. ESTC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MDB and ESTC is 0.49, 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

MDB vs. ESTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MongoDB, Inc. (MDB) and Elastic N.V. (ESTC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

MDB:

-0.75

ESTC:

-0.30

Sortino Ratio

MDB:

-0.92

ESTC:

-0.06

Omega Ratio

MDB:

0.87

ESTC:

0.99

Calmar Ratio

MDB:

-0.67

ESTC:

-0.28

Martin Ratio

MDB:

-1.45

ESTC:

-0.77

Ulcer Index

MDB:

34.64%

ESTC:

23.06%

Daily Std Dev

MDB:

66.02%

ESTC:

57.81%

Max Drawdown

MDB:

-76.52%

ESTC:

-74.33%

Current Drawdown

MDB:

-68.38%

ESTC:

-51.47%

Fundamentals

Market Cap

MDB:

$15.02B

ESTC:

$9.83B

EPS

MDB:

-$1.74

ESTC:

-$1.31

PEG Ratio

MDB:

1.67

ESTC:

1.68

PS Ratio

MDB:

7.49

ESTC:

6.88

PB Ratio

MDB:

5.51

ESTC:

11.22

Total Revenue (TTM)

MDB:

$1.56B

ESTC:

$1.09B

Gross Profit (TTM)

MDB:

$1.14B

ESTC:

$812.78M

EBITDA (TTM)

MDB:

-$28.72M

ESTC:

$2.62M

Returns By Period

In the year-to-date period, MDB achieves a -20.53% return, which is significantly lower than ESTC's -8.51% return.


MDB

YTD

-20.53%

1M

21.98%

6M

-34.34%

1Y

-49.35%

3Y*

-9.32%

5Y*

-3.43%

10Y*

N/A

ESTC

YTD

-8.51%

1M

19.80%

6M

2.34%

1Y

-17.14%

3Y*

14.75%

5Y*

1.66%

10Y*

N/A

*Annualized

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MongoDB, Inc.

Elastic N.V.

Risk-Adjusted Performance

MDB vs. ESTC — Risk-Adjusted Performance Rank

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

MDB
The Risk-Adjusted Performance Rank of MDB is 1111
Overall Rank
The Sharpe Ratio Rank of MDB is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of MDB is 1414
Sortino Ratio Rank
The Omega Ratio Rank of MDB is 1212
Omega Ratio Rank
The Calmar Ratio Rank of MDB is 1010
Calmar Ratio Rank
The Martin Ratio Rank of MDB is 77
Martin Ratio Rank

ESTC
The Risk-Adjusted Performance Rank of ESTC is 3434
Overall Rank
The Sharpe Ratio Rank of ESTC is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of ESTC is 3434
Sortino Ratio Rank
The Omega Ratio Rank of ESTC is 3434
Omega Ratio Rank
The Calmar Ratio Rank of ESTC is 3232
Calmar Ratio Rank
The Martin Ratio Rank of ESTC is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MDB vs. ESTC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MongoDB, Inc. (MDB) and Elastic N.V. (ESTC). 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.


The current MDB Sharpe Ratio is -0.75, which is lower than the ESTC Sharpe Ratio of -0.30. The chart below compares the historical Sharpe Ratios of MDB and ESTC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

MDB vs. ESTC - Dividend Comparison

Neither MDB nor ESTC has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

MDB vs. ESTC - Drawdown Comparison

The maximum MDB drawdown since its inception was -76.52%, roughly equal to the maximum ESTC drawdown of -74.33%. Use the drawdown chart below to compare losses from any high point for MDB and ESTC. For additional features, visit the drawdowns tool.


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Volatility

MDB vs. ESTC - Volatility Comparison

MongoDB, Inc. (MDB) and Elastic N.V. (ESTC) have volatilities of 12.28% and 12.16%, 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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Financials

MDB vs. ESTC - Financials Comparison

This section allows you to compare key financial metrics between MongoDB, Inc. and Elastic N.V.. 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


100.00M200.00M300.00M400.00M500.00MJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
548.40M
382.08M
(MDB) Total Revenue
(ESTC) Total Revenue
Values in USD except per share items

MDB vs. ESTC - Profitability Comparison

The chart below illustrates the profitability comparison between MongoDB, Inc. and Elastic N.V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

69.0%70.0%71.0%72.0%73.0%74.0%75.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
72.8%
74.6%
(MDB) Gross Margin
(ESTC) Gross Margin
MDB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, MongoDB, Inc. reported a gross profit of 399.38M and revenue of 548.40M. Therefore, the gross margin over that period was 72.8%.

ESTC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Elastic N.V. reported a gross profit of 284.93M and revenue of 382.08M. Therefore, the gross margin over that period was 74.6%.

MDB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, MongoDB, Inc. reported an operating income of -18.56M and revenue of 548.40M, resulting in an operating margin of -3.4%.

ESTC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Elastic N.V. reported an operating income of -4.64M and revenue of 382.08M, resulting in an operating margin of -1.2%.

MDB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, MongoDB, Inc. reported a net income of 15.83M and revenue of 548.40M, resulting in a net margin of 2.9%.

ESTC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Elastic N.V. reported a net income of -17.06M and revenue of 382.08M, resulting in a net margin of -4.5%.