PD vs. MNDY
PD (PagerDuty, Inc.) and MNDY (monday.com Ltd.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 3 years, PD returned -26.05%/yr vs -21.10%/yr for MNDY. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
PD vs. MNDY - Performance Comparison
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Returns By Period
In the year-to-date period, PD achieves a -29.06% return, which is significantly higher than MNDY's -41.75% return.
PD
- 1D
- -8.28%
- 1M
- 25.34%
- YTD
- -29.06%
- 6M
- -22.95%
- 1Y
- -37.67%
- 3Y*
- -26.05%
- 5Y*
- -23.44%
- 10Y*
- —
MNDY
- 1D
- -6.08%
- 1M
- 11.16%
- YTD
- -41.75%
- 6M
- -43.65%
- 1Y
- -72.04%
- 3Y*
- -21.10%
- 5Y*
- —
- 10Y*
- —
PD vs. MNDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PD PagerDuty, Inc. | -29.06% | -28.20% | -21.12% | -12.84% | -23.57% | -12.89% |
MNDY monday.com Ltd. | -41.75% | -37.33% | 25.36% | 53.94% | -60.48% | 72.59% |
Correlation
The correlation between PD and MNDY is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021 | 0.59 |
The correlation between PD and MNDY has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
Fundamentals
PD:
$739.02M
MNDY:
$4.20B
PD:
$2.13
MNDY:
$2.29
PD:
4.36
MNDY:
37.51
PD:
1.68
MNDY:
3.44
PD:
3.41
MNDY:
5.53
PD:
$493.71M
MNDY:
$1.30B
PD:
$419.73M
MNDY:
$1.16B
PD:
$48.81M
MNDY:
$62.24M
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Return for Risk
PD vs. MNDY — Risk / Return Rank
PD
MNDY
PD vs. MNDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PagerDuty, Inc. (PD) and monday.com Ltd. (MNDY). 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.
| PD | MNDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.74 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | -0.89 | +0.32 |
| Martin ratioReturn relative to average drawdown | -1.03 | -1.31 | +0.28 |
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
| PD | MNDY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.57 | -1.10 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.30 | -0.19 | -0.11 |
Drawdowns
PD vs. MNDY - Drawdown Comparison
The maximum PD drawdown since its inception was -90.01%, roughly equal to the maximum MNDY drawdown of -86.78%. Use the drawdown chart below to compare losses from any high point for PD and MNDY.
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Drawdown Indicators
| PD | MNDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.01% | -86.78% | -3.23% |
Max Drawdown (1Y)Largest decline over 1 year | -66.63% | -81.30% | +14.67% |
Max Drawdown (3Y)Largest decline over 3 years | -78.38% | -82.07% | +3.69% |
Max Drawdown (5Y)Largest decline over 5 years | -87.93% | — | — |
Current DrawdownCurrent decline from peak | -83.79% | -80.67% | -3.12% |
Average DrawdownAverage peak-to-trough decline | -53.73% | -54.19% | +0.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.70% | 55.05% | -18.35% |
Volatility
PD vs. MNDY - Volatility Comparison
PagerDuty, Inc. (PD) has a higher volatility of 34.79% compared to monday.com Ltd. (MNDY) at 24.83%. This indicates that PD's price experiences larger fluctuations and is considered to be riskier than MNDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PD | MNDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.79% | 24.83% | +9.96% |
Volatility (6M)Calculated over the trailing 6-month period | 52.82% | 49.25% | +3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.19% | 65.39% | +0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.66% | 72.02% | -15.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.50% | 72.02% | -11.52% |
Dividends
PD vs. MNDY - Dividend Comparison
Neither PD nor MNDY has paid dividends to shareholders.
Financials
PD vs. MNDY - Financials Comparison
This section allows you to compare key financial metrics between PagerDuty, Inc. and monday.com Ltd.. 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
PD vs. MNDY - Profitability Comparison
PD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PagerDuty, Inc. reported a gross profit of 101.95M and revenue of 120.97M. Therefore, the gross margin over that period was 84.3%.
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%.
PD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PagerDuty, Inc. reported an operating income of 9.18M and revenue of 120.97M, resulting in an operating margin of 7.6%.
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%.
PD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PagerDuty, Inc. reported a net income of 10.25M and revenue of 120.97M, resulting in a net margin of 8.5%.
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%.
Frequently Asked Questions
PD and MNDY have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PD has higher volatility (34.79%) compared to MNDY (24.83%). In terms of maximum drawdown, PD dropped -90.01% vs MNDY's -86.78%.
PD currently has the higher Sharpe Ratio (-0.57 vs -1.10), 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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