PEGA vs. INCY
PEGA (Pegasystems Inc.) and INCY (Incyte Corporation) are both stocks. PEGA operates in Software - Application (Technology), while INCY operates in Biotechnology (Healthcare). Over the past 10 years, PEGA returned 9.23%/yr vs 3.13%/yr for INCY. At a 0.23 correlation, their price movements are largely independent.
Performance
PEGA vs. INCY - Performance Comparison
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Returns By Period
In the year-to-date period, PEGA achieves a -45.08% return, which is significantly lower than INCY's 9.88% return. Over the past 10 years, PEGA has outperformed INCY with an annualized return of 9.23%, while INCY has yielded a comparatively lower 3.13% annualized return.
PEGA
- 1D
- -0.15%
- 1M
- -2.82%
- YTD
- -45.08%
- 6M
- -44.99%
- 1Y
- -33.56%
- 3Y*
- 8.87%
- 5Y*
- -12.80%
- 10Y*
- 9.23%
INCY
- 1D
- 0.65%
- 1M
- 13.87%
- YTD
- 9.88%
- 6M
- 13.75%
- 1Y
- 60.19%
- 3Y*
- 20.55%
- 5Y*
- 5.62%
- 10Y*
- 3.13%
PEGA vs. INCY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEGA Pegasystems Inc. | -45.08% | 28.39% | 91.01% | 43.07% | -69.29% | -16.01% | 67.51% | 66.81% | 1.66% | 31.28% |
INCY Incyte Corporation | 9.88% | 43.00% | 10.00% | -21.83% | 9.43% | -15.61% | -0.39% | 37.32% | -32.86% | -5.55% |
Correlation
The correlation between PEGA and INCY is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 19, 1996 | 0.23 |
Over the past year, the correlation between PEGA and INCY has dropped to 0.02 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.
Fundamentals
PEGA:
$5.86B
INCY:
$22.45B
PEGA:
$1.87
INCY:
$7.06
PEGA:
17.53
INCY:
15.38
PEGA:
0.09
INCY:
0.02
PEGA:
3.51
INCY:
4.11
PEGA:
8.30
INCY:
3.99
PEGA:
$1.70B
INCY:
$5.36B
PEGA:
$1.27B
INCY:
$3.76B
PEGA:
$211.67M
INCY:
$1.80B
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Return for Risk
PEGA vs. INCY — Risk / Return Rank
PEGA
INCY
PEGA vs. INCY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pegasystems Inc. (PEGA) and Incyte Corporation (INCY). 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.
| PEGA | INCY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -3.40 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.31 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 3.11 | -3.81 |
| Martin ratioReturn relative to average drawdown | -1.33 | 6.94 | -8.27 |
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Drawdowns
PEGA vs. INCY - Drawdown Comparison
The maximum PEGA drawdown since its inception was -94.81%, roughly equal to the maximum INCY drawdown of -98.54%. Use the drawdown chart below to compare losses from any high point for PEGA and INCY.
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Drawdown Indicators
| PEGA | INCY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.81% | -98.54% | +3.73% |
Max Drawdown (1Y)Largest decline over 1 year | -50.84% | -18.33% | -32.51% |
Max Drawdown (3Y)Largest decline over 3 years | -50.84% | -33.83% | -17.01% |
Max Drawdown (5Y)Largest decline over 5 years | -78.59% | -41.06% | -37.53% |
Max Drawdown (10Y)Largest decline over 10 years | -79.21% | -66.47% | -12.74% |
Current DrawdownCurrent decline from peak | -54.86% | -28.91% | -25.95% |
Average DrawdownAverage peak-to-trough decline | -44.86% | -59.88% | +15.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.39% | 8.21% | +18.18% |
Volatility
PEGA vs. INCY - Volatility Comparison
Pegasystems Inc. (PEGA) has a higher volatility of 12.27% compared to Incyte Corporation (INCY) at 9.64%. This indicates that PEGA's price experiences larger fluctuations and is considered to be riskier than INCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEGA | INCY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.27% | 9.64% | +2.63% |
Volatility (6M)Calculated over the trailing 6-month period | 38.25% | 22.73% | +15.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.03% | 33.10% | +15.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.50% | 29.32% | +22.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.02% | 34.29% | +9.73% |
Dividends
PEGA vs. INCY - Dividend Comparison
PEGA's dividend yield for the trailing twelve months is around 0.37%, while INCY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INCY Incyte Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PEGA Pegasystems Inc. | 0.37% | 0.15% | 0.10% | 0.25% | 0.35% | 0.11% | 0.09% | 0.15% | 0.25% | 0.25% | 0.33% | 0.44% |
Financials
PEGA vs. INCY - Financials Comparison
This section allows you to compare key financial metrics between Pegasystems Inc. and Incyte Corporation. 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
PEGA vs. INCY - Profitability Comparison
PEGA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pegasystems Inc. reported a gross profit of 323.22M and revenue of 429.97M. Therefore, the gross margin over that period was 75.2%.
INCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a gross profit of 0.00 and revenue of 1.27B. Therefore, the gross margin over that period was 0.0%.
PEGA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pegasystems Inc. reported an operating income of 37.15M and revenue of 429.97M, resulting in an operating margin of 8.6%.
INCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported an operating income of 301.12M and revenue of 1.27B, resulting in an operating margin of 23.7%.
PEGA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pegasystems Inc. reported a net income of 32.76M and revenue of 429.97M, resulting in a net margin of 7.6%.
INCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a net income of 303.33M and revenue of 1.27B, resulting in a net margin of 23.8%.
Frequently Asked Questions
PEGA and INCY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEGA has higher volatility (12.27%) compared to INCY (9.64%). In terms of maximum drawdown, PEGA dropped -94.81% vs INCY's -98.54%.
INCY currently has the higher Sharpe Ratio (1.72 vs -0.72), 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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