MNDY vs. CYBR

Last updated Jun 9, 2026

MNDY (monday.com Ltd.) and CYBR (CyberArk Software Ltd.) are both stocks. Both are in the Technology sector — MNDY in Software - Application, CYBR in Software - Infrastructure. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

MNDY vs. CYBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in monday.com Ltd. (MNDY) and CyberArk Software Ltd. (CYBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MNDY

• 1D: -2.31%
• 1M: 16.22%
• YTD: -43.24%
• 6M: -48.29%
• 1Y: -72.56%
• 3Y*: -21.74%
• 5Y*: —
• 10Y*: —

CYBR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MNDY vs. CYBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MNDY monday.com Ltd.	-43.24%	-37.33%	25.36%	53.94%	-60.48%	72.59%
CYBR CyberArk Software Ltd.	-8.34%	33.89%	52.09%	68.95%	-25.18%	26.86%

Correlation

The correlation between MNDY and CYBR is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021	0.52

Over the past year, the correlation between MNDY and CYBR has dropped to 0.27 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.

Fundamentals

Market Cap MNDY : $4.09B CYBR : $20.69B
EPS MNDY : $2.29 CYBR : -$2.92
PS Ratio MNDY : 3.35 CYBR : 15.13
PB Ratio MNDY : 5.39 CYBR : 8.61
Total Revenue (TTM) MNDY : $1.30B CYBR : $1.36B
Gross Profit (TTM) MNDY : $1.16B CYBR : $1.01B
EBITDA (TTM) MNDY : $62.24M CYBR : $59.13M

Return for Risk

MNDY vs. CYBR — Risk / Return Rank

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

MNDY

MNDY Risk / Return Rank: 5
MNDY Sharpe Ratio Rank: 3
MNDY Sortino Ratio Rank: 3
MNDY Omega Ratio Rank: 2
MNDY Calmar Ratio Rank: 7
MNDY Martin Ratio Rank: 11

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.

MNDY vs. CYBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for monday.com Ltd. (MNDY) and CyberArk Software Ltd. (CYBR). 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.

	MNDY	CYBR	Difference
Sharpe ratio: Return per unit of total volatility	-1.11	—	—
Sortino ratio: Return per unit of downside risk	-1.96	—	—
Omega ratio: Gain probability vs. loss probability	0.74	—	—
Calmar ratio: Return relative to maximum drawdown	-0.89	—	—
Martin ratio: Return relative to average drawdown	-1.30	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MNDY	CYBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.20	—	—

Drawdowns

Drawdown Indicators

	MNDY	CYBR	Difference
Max Drawdown Largest peak-to-trough decline	-86.78%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-81.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-82.07%	—	—
Current Drawdown Current decline from peak	-81.16%	—	—
Average Drawdown Average peak-to-trough decline	-54.25%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	55.62%	—	—

Volatility

Volatility by Period

	MNDY	CYBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	49.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	65.57%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.95%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.95%	—	—

Dividends

MNDY vs. CYBR - Dividend Comparison

Neither MNDY nor CYBR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

MNDY vs. CYBR - Profitability Comparison

The chart below illustrates the profitability comparison between monday.com Ltd. and CyberArk Software Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MNDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported a gross profit of 313.14M and revenue of 351.27M. Therefore, the gross margin over that period was 89.2%.

CYBR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported a gross profit of 267.25M and revenue of 372.65M. Therefore, the gross margin over that period was 71.7%.

MNDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported an operating income of 19.75M and revenue of 351.27M, resulting in an operating margin of 5.6%.

CYBR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported an operating income of 1.75M and revenue of 372.65M, resulting in an operating margin of 0.5%.

MNDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, monday.com Ltd. reported a net income of 28.03M and revenue of 351.27M, resulting in a net margin of 8.0%.

CYBR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported a net income of -17.11M and revenue of 372.65M, resulting in a net margin of -4.6%.

Frequently Asked Questions

Can I hold both MNDY and CYBR in my portfolio?

MNDY and CYBR have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.