NTNX vs. DOCN
NTNX (Nutanix, Inc.) and DOCN (DigitalOcean Holdings, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 5 years, NTNX returned 8.43%/yr vs 33.03%/yr for DOCN. At a 0.48 correlation, their price movements are largely independent.
Performance
NTNX vs. DOCN - Performance Comparison
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Returns By Period
In the year-to-date period, NTNX achieves a 0.31% return, which is significantly lower than DOCN's 251.87% return.
NTNX
- 1D
- -3.34%
- 1M
- 12.72%
- YTD
- 0.31%
- 6M
- 9.41%
- 1Y
- -32.76%
- 3Y*
- 20.30%
- 5Y*
- 8.43%
- 10Y*
- —
DOCN
- 1D
- -0.32%
- 1M
- 3.28%
- YTD
- 251.87%
- 6M
- 242.13%
- 1Y
- 491.41%
- 3Y*
- 56.88%
- 5Y*
- 33.03%
- 10Y*
- —
NTNX vs. DOCN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NTNX Nutanix, Inc. | 0.31% | -15.51% | 28.29% | 83.07% | -18.24% | 17.15% |
DOCN DigitalOcean Holdings, Inc. | 251.87% | 41.24% | -7.14% | 44.05% | -68.29% | 89.01% |
Correlation
The correlation between NTNX and DOCN is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.39 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021 | 0.48 |
The correlation between NTNX and DOCN shifts across timeframes, from 0.34 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NTNX:
$15.14B
DOCN:
$18.95B
NTNX:
$0.93
DOCN:
$2.42
NTNX:
55.46
DOCN:
70.07
NTNX:
5.56
DOCN:
18.78
NTNX:
$2.75B
DOCN:
$948.63M
NTNX:
$2.39B
DOCN:
$554.86M
NTNX:
$293.53M
DOCN:
$373.00M
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Return for Risk
NTNX vs. DOCN — Risk / Return Rank
NTNX
DOCN
NTNX vs. DOCN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nutanix, Inc. (NTNX) and DigitalOcean Holdings, Inc. (DOCN). 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.
| NTNX | DOCN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.79 | ||
| Sortino ratioReturn per unit of downside risk | -6.17 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.65 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 20.56 | -21.13 |
| Martin ratioReturn relative to average drawdown | -0.96 | 61.65 | -62.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NTNX | DOCN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.71 | 6.08 | -6.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.47 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | 0.43 | -0.37 |
Drawdowns
NTNX vs. DOCN - Drawdown Comparison
The maximum NTNX drawdown since its inception was -80.40%, smaller than the maximum DOCN drawdown of -84.78%. Use the drawdown chart below to compare losses from any high point for NTNX and DOCN.
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Drawdown Indicators
| NTNX | DOCN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.40% | -84.78% | +4.38% |
Max Drawdown (1Y)Largest decline over 1 year | -57.58% | -24.11% | -33.47% |
Max Drawdown (3Y)Largest decline over 3 years | -58.58% | -60.28% | +1.70% |
Max Drawdown (5Y)Largest decline over 5 years | -68.71% | -84.78% | +16.07% |
Current DrawdownCurrent decline from peak | -37.58% | -6.19% | -31.39% |
Average DrawdownAverage peak-to-trough decline | -40.58% | -59.09% | +18.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.20% | 8.02% | +26.18% |
Volatility
NTNX vs. DOCN - Volatility Comparison
The current volatility for Nutanix, Inc. (NTNX) is 16.50%, while DigitalOcean Holdings, Inc. (DOCN) has a volatility of 20.16%. This indicates that NTNX experiences smaller price fluctuations and is considered to be less risky than DOCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NTNX | DOCN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.50% | 20.16% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 35.80% | 61.12% | -25.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.19% | 81.71% | -35.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.73% | 71.33% | -21.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 57.17% | 70.69% | -13.52% |
Dividends
NTNX vs. DOCN - Dividend Comparison
Neither NTNX nor DOCN has paid dividends to shareholders.
Financials
NTNX vs. DOCN - Financials Comparison
This section allows you to compare key financial metrics between Nutanix, Inc. and DigitalOcean Holdings, 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
NTNX vs. DOCN - Profitability Comparison
NTNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported a gross profit of 610.68M and revenue of 703.07M. Therefore, the gross margin over that period was 86.9%.
DOCN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DigitalOcean Holdings, Inc. reported a gross profit of 144.71M and revenue of 257.91M. Therefore, the gross margin over that period was 56.1%.
NTNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported an operating income of 68.56M and revenue of 703.07M, resulting in an operating margin of 9.8%.
DOCN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DigitalOcean Holdings, Inc. reported an operating income of 36.57M and revenue of 257.91M, resulting in an operating margin of 14.2%.
NTNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nutanix, Inc. reported a net income of 72.09M and revenue of 703.07M, resulting in a net margin of 10.3%.
DOCN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DigitalOcean Holdings, Inc. reported a net income of 33.22M and revenue of 257.91M, resulting in a net margin of 12.9%.
Frequently Asked Questions
NTNX and DOCN have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOCN has higher volatility (20.16%) compared to NTNX (16.50%). In terms of maximum drawdown, NTNX dropped -80.40% vs DOCN's -84.78%.
DOCN currently has the higher Sharpe Ratio (6.08 vs -0.71), 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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