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NET vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

NET vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cloudflare, Inc. (NET) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


NET

1D
0.46%
1M
15.65%
YTD
15.89%
6M
12.86%
1Y
32.86%
3Y*
48.96%
5Y*
19.44%
10Y*

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NET vs. USD=X - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
NET
Cloudflare, Inc.
15.89%83.09%29.33%84.16%-65.62%73.05%345.43%-5.22%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

NET vs. USD=X — Risk / Return Rank

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

NET
NET Risk / Return Rank: 6161
Overall Rank
NET Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
NET Sortino Ratio Rank: 5959
Sortino Ratio Rank
NET Omega Ratio Rank: 6161
Omega Ratio Rank
NET Calmar Ratio Rank: 6262
Calmar Ratio Rank
NET Martin Ratio Rank: 6262
Martin Ratio Rank

USD=X

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

NET vs. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cloudflare, Inc. (NET) and USD Cash (USD=X). 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.


NETUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.15

Calmar ratioReturn relative to maximum drawdown

0.92

Martin ratioReturn relative to average drawdown

1.98

NET vs. USD=X - Sharpe Ratio Comparison


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Drawdowns

NET vs. USD=X - Drawdown Comparison

The maximum NET drawdown since its inception was -82.58%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NET and USD=X.


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Drawdown Indicators


NETUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-82.58%

0.00%

-82.58%

Max Drawdown (1Y)

Largest decline over 1 year

-36.76%

0.00%

-36.76%

Max Drawdown (3Y)

Largest decline over 3 years

-45.00%

0.00%

-45.00%

Max Drawdown (5Y)

Largest decline over 5 years

-82.58%

0.00%

-82.58%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

Current Drawdown

Current decline from peak

-16.20%

0.00%

-16.20%

Average Drawdown

Average peak-to-trough decline

-37.52%

0.00%

-37.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.09%

0.00%

+17.09%

Volatility

NET vs. USD=X - Volatility Comparison

Cloudflare, Inc. (NET) has a higher volatility of 20.99% compared to USD Cash (USD=X) at 0.00%. This indicates that NET's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NETUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

20.99%

0.00%

+20.99%

Volatility (6M)

Calculated over the trailing 6-month period

53.96%

0.00%

+53.96%

Volatility (1Y)

Calculated over the trailing 1-year period

60.18%

0.00%

+60.18%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

68.52%

0.00%

+68.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.78%

0.00%

+67.78%

Frequently Asked Questions


NET has higher volatility (20.99%) compared to USD=X (0.00%). In terms of maximum drawdown, NET dropped -82.58% vs USD=X's 0.00%.

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Find the right allocation for NET and USD=X

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