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SMWB vs. FROG
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

SMWB vs. FROG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Similarweb Ltd. (SMWB) and JFrog Ltd. (FROG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SMWB achieves a -41.52% return, which is significantly lower than FROG's 40.97% return.


SMWB

1D
0.69%
1M
39.49%
YTD
-41.52%
6M
-43.26%
1Y
-39.92%
3Y*
-13.38%
5Y*
-27.33%
10Y*

FROG

1D
-0.29%
1M
76.49%
YTD
40.97%
6M
42.87%
1Y
97.64%
3Y*
54.30%
5Y*
15.26%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SMWB vs. FROG - Yearly Performance Comparison


2026 (YTD)20252024202320222021
SMWB
Similarweb Ltd.
-41.52%-47.14%165.85%-17.11%-64.10%-18.11%
FROG
JFrog Ltd.
40.97%112.38%-15.02%62.26%-28.18%-18.20%

Correlation

The correlation between SMWB and FROG is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since May 13, 2021

0.38

Fundamentals

Market Cap

SMWB:

$382.27M

FROG:

$10.58B

EPS

SMWB:

-$0.35

FROG:

-$0.52

PS Ratio

SMWB:

1.30

FROG:

18.42

PB Ratio

SMWB:

18.36

FROG:

11.45

Total Revenue (TTM)

SMWB:

$289.39M

FROG:

$563.41M

Gross Profit (TTM)

SMWB:

$229.86M

FROG:

$436.09M

EBITDA (TTM)

SMWB:

-$7.54M

FROG:

-$58.97M

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Similarweb Ltd.

JFrog Ltd.

Return for Risk

SMWB vs. FROG — Risk / Return Rank

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

SMWB
SMWB Risk / Return Rank: 1919
Overall Rank
SMWB Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
SMWB Sortino Ratio Rank: 1919
Sortino Ratio Rank
SMWB Omega Ratio Rank: 1919
Omega Ratio Rank
SMWB Calmar Ratio Rank: 2222
Calmar Ratio Rank
SMWB Martin Ratio Rank: 2222
Martin Ratio Rank

FROG
FROG Risk / Return Rank: 7878
Overall Rank
FROG Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
FROG Sortino Ratio Rank: 7878
Sortino Ratio Rank
FROG Omega Ratio Rank: 7979
Omega Ratio Rank
FROG Calmar Ratio Rank: 7575
Calmar Ratio Rank
FROG Martin Ratio Rank: 7676
Martin Ratio Rank
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.

SMWB vs. FROG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Similarweb Ltd. (SMWB) and JFrog Ltd. (FROG). 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.


SMWBFROGDifference

Sharpe ratio

Return per unit of total volatility

-0.58

1.43

-2.01

Sortino ratio

Return per unit of downside risk

-0.47

2.20

-2.67

Omega ratio

Gain probability vs. loss probability

0.93

1.30

-0.37

Calmar ratio

Return relative to maximum drawdown

-0.53

2.12

-2.65

Martin ratio

Return relative to average drawdown

-0.93

5.60

-6.53

SMWB vs. FROG - Sharpe Ratio Comparison

The current SMWB Sharpe Ratio is -0.58, which is lower than the FROG Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of SMWB and FROG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


SMWBFROGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.58

1.43

-2.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.42

0.27

-0.69

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.42

0.10

-0.52

Drawdowns

SMWB vs. FROG - Drawdown Comparison

The maximum SMWB drawdown since its inception was -90.59%, which is greater than FROG's maximum drawdown of -80.38%. Use the drawdown chart below to compare losses from any high point for SMWB and FROG.


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Drawdown Indicators


SMWBFROGDifference

Max Drawdown

Largest peak-to-trough decline

-90.59%

-80.38%

-10.21%

Max Drawdown (1Y)

Largest decline over 1 year

-77.60%

-49.62%

-27.98%

Max Drawdown (3Y)

Largest decline over 3 years

-86.66%

-49.62%

-37.04%

Max Drawdown (5Y)

Largest decline over 5 years

-90.59%

-65.94%

-24.65%

Current Drawdown

Current decline from peak

-82.31%

-0.29%

-82.02%

Average Drawdown

Average peak-to-trough decline

-61.28%

-56.87%

-4.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

44.03%

18.75%

+25.28%

Volatility

SMWB vs. FROG - Volatility Comparison

The current volatility for Similarweb Ltd. (SMWB) is 24.93%, while JFrog Ltd. (FROG) has a volatility of 26.54%. This indicates that SMWB experiences smaller price fluctuations and is considered to be less risky than FROG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SMWBFROGDifference

Volatility (1M)

Calculated over the trailing 1-month period

24.93%

26.54%

-1.61%

Volatility (6M)

Calculated over the trailing 6-month period

62.53%

56.60%

+5.93%

Volatility (1Y)

Calculated over the trailing 1-year period

69.42%

68.60%

+0.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

64.79%

56.65%

+8.14%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

64.49%

57.56%

+6.93%

Dividends

SMWB vs. FROG - Dividend Comparison

Neither SMWB nor FROG has paid dividends to shareholders.


Tickers have no history of dividend payments

Financials

SMWB vs. FROG - Financials Comparison

This section allows you to compare key financial metrics between Similarweb Ltd. and JFrog 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


20.00M40.00M60.00M80.00M100.00M120.00M140.00M160.00M20222023202420252026
73.88M
153.98M
(SMWB) Total Revenue
(FROG) Total Revenue
Values in USD except per share items

SMWB vs. FROG - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

70.0%72.0%74.0%76.0%78.0%80.0%20222023202420252026
78.8%
78.2%
Portfolio components
SMWB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Similarweb Ltd. reported a gross profit of 58.24M and revenue of 73.88M. Therefore, the gross margin over that period was 78.8%.

FROG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported a gross profit of 120.38M and revenue of 153.98M. Therefore, the gross margin over that period was 78.2%.

SMWB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Similarweb Ltd. reported an operating income of -3.24M and revenue of 73.88M, resulting in an operating margin of -4.4%.

FROG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported an operating income of -12.93M and revenue of 153.98M, resulting in an operating margin of -8.4%.

SMWB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Similarweb Ltd. reported a net income of -6.36M and revenue of 73.88M, resulting in a net margin of -8.6%.

FROG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, JFrog Ltd. reported a net income of -8.27M and revenue of 153.98M, resulting in a net margin of -5.4%.


Frequently Asked Questions


SMWB and FROG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FROG has higher volatility (26.54%) compared to SMWB (24.93%). In terms of maximum drawdown, SMWB dropped -90.59% vs FROG's -80.38%.

FROG currently has the higher Sharpe Ratio (1.43 vs -0.58), 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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