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MNDY vs. ASAN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

MNDY vs. ASAN

Last updated May 2, 2025

Compare and contrast key facts about monday.com Ltd. (MNDY) and Asana, Inc. (ASAN).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNDY or ASAN.

Correlation

The correlation between MNDY and ASAN is 0.52, 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.

-0.50.00.51.0
Correlation: 0.5

Performance

MNDY vs. ASAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in monday.com Ltd. (MNDY) and Asana, Inc. (ASAN). The values are adjusted to include any dividend payments, if applicable.
-50.00%0.00%50.00%100.00%December2025FebruaryMarchAprilMay
54.93%
-65.06%
MNDY
ASAN

Key characteristics

Sharpe Ratio

MNDY:

0.68

ASAN:

0.06

Sortino Ratio

MNDY:

1.46

ASAN:

0.73

Omega Ratio

MNDY:

1.19

ASAN:

1.09

Calmar Ratio

MNDY:

0.74

ASAN:

0.05

Martin Ratio

MNDY:

2.89

ASAN:

0.18

Ulcer Index

MNDY:

15.13%

ASAN:

25.29%

Daily Std Dev

MNDY:

64.33%

ASAN:

77.51%

Max Drawdown

MNDY:

-82.81%

ASAN:

-92.17%

Current Drawdown

MNDY:

-37.68%

ASAN:

-88.75%

Fundamentals

Market Cap

MNDY:

$13.94B

ASAN:

$3.72B

EPS

MNDY:

$0.63

ASAN:

-$1.11

PS Ratio

MNDY:

14.68

ASAN:

5.18

PB Ratio

MNDY:

13.62

ASAN:

16.36

Total Revenue (TTM)

MNDY:

$755.08M

ASAN:

$551.43M

Gross Profit (TTM)

MNDY:

$674.85M

ASAN:

$492.04M

EBITDA (TTM)

MNDY:

-$6.69M

ASAN:

-$171.75M

Returns By Period

In the year-to-date period, MNDY achieves a 17.71% return, which is significantly higher than ASAN's -20.82% return.

MNDY

YTD

17.71%

1M

5.70%

6M

-5.70%

1Y

45.90%

5Y*

N/A

10Y*

N/A

ASAN

YTD

-20.82%

1M

4.83%

6M

34.42%

1Y

4.63%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

MNDY vs. ASAN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MNDY
The Risk-Adjusted Performance Rank of MNDY is 7777
Overall Rank
The Sharpe Ratio Rank of MNDY is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of MNDY is 7777
Sortino Ratio Rank
The Omega Ratio Rank of MNDY is 7474
Omega Ratio Rank
The Calmar Ratio Rank of MNDY is 7979
Calmar Ratio Rank
The Martin Ratio Rank of MNDY is 7979
Martin Ratio Rank
ASAN
The Risk-Adjusted Performance Rank of ASAN is 5555
Overall Rank
The Sharpe Ratio Rank of ASAN is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of ASAN is 5858
Sortino Ratio Rank
The Omega Ratio Rank of ASAN is 5656
Omega Ratio Rank
The Calmar Ratio Rank of ASAN is 5454
Calmar Ratio Rank
The Martin Ratio Rank of ASAN is 5454
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.

MNDY vs. ASAN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) and Asana, Inc. (ASAN). 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 chart of Sharpe ratio for MNDY, currently valued at 0.68, compared to the broader market-2.00-1.000.001.002.003.00
MNDY: 0.68
ASAN: 0.06
The chart of Sortino ratio for MNDY, currently valued at 1.46, compared to the broader market-6.00-4.00-2.000.002.004.00
MNDY: 1.46
ASAN: 0.73
The chart of Omega ratio for MNDY, currently valued at 1.19, compared to the broader market0.501.001.502.00
MNDY: 1.19
ASAN: 1.09
The chart of Calmar ratio for MNDY, currently valued at 0.74, compared to the broader market0.001.002.003.004.005.00
MNDY: 0.74
ASAN: 0.05
The chart of Martin ratio for MNDY, currently valued at 2.89, compared to the broader market-10.000.0010.0020.00
MNDY: 2.89
ASAN: 0.18

The current MNDY Sharpe Ratio is 0.68, which is higher than the ASAN Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of MNDY and ASAN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.68
0.06
MNDY
ASAN

Dividends

MNDY vs. ASAN - Dividend Comparison

Neither MNDY nor ASAN has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MNDY vs. ASAN - Drawdown Comparison

The maximum MNDY drawdown since its inception was -82.81%, smaller than the maximum ASAN drawdown of -92.17%. Use the drawdown chart below to compare losses from any high point for MNDY and ASAN. For additional features, visit the drawdowns tool.

-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%December2025FebruaryMarchAprilMay
-37.68%
-88.75%
MNDY
ASAN

Volatility

MNDY vs. ASAN - Volatility Comparison

monday.com Ltd. (MNDY) has a higher volatility of 25.21% compared to Asana, Inc. (ASAN) at 23.18%. This indicates that MNDY's price experiences larger fluctuations and is considered to be riskier than ASAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

10.00%20.00%30.00%40.00%50.00%December2025FebruaryMarchAprilMay
25.21%
23.18%
MNDY
ASAN

Financials

MNDY vs. ASAN - Financials Comparison

This section allows you to compare key financial metrics between monday.com Ltd. and Asana, 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

50.00M100.00M150.00M200.00M250.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
267.98M
188.33M
(MNDY) Total Revenue
(ASAN) Total Revenue
Values in USD except per share items

MNDY vs. ASAN - Profitability Comparison

The chart below illustrates the profitability comparison between monday.com Ltd. and Asana, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
85.0%86.0%87.0%88.0%89.0%90.0%AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
88.6%
89.6%
(MNDY) Gross Margin
(ASAN) Gross Margin
MNDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, monday.com Ltd. reported a gross profit of 237.47M and revenue of 267.98M. Therefore, the gross margin over that period was 88.6%.
ASAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Asana, Inc. reported a gross profit of 168.73M and revenue of 188.33M. Therefore, the gross margin over that period was 89.6%.
MNDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, monday.com Ltd. reported an operating income of 9.60M and revenue of 267.98M, resulting in an operating margin of 3.6%.
ASAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Asana, Inc. reported an operating income of -63.59M and revenue of 188.33M, resulting in an operating margin of -33.8%.
MNDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, monday.com Ltd. reported a net income of 23.01M and revenue of 267.98M, resulting in a net margin of 8.6%.
ASAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Asana, Inc. reported a net income of -62.30M and revenue of 188.33M, resulting in a net margin of -33.1%.