SQ2.AX vs. DOCU
Compare and contrast key facts about Block, Inc. (SQ2.AX) and DocuSign, Inc. (DOCU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SQ2.AX or DOCU.
Correlation
The correlation between SQ2.AX and DOCU is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SQ2.AX vs. DOCU - Performance Comparison
Key characteristics
SQ2.AX:
0.92
DOCU:
1.45
SQ2.AX:
1.55
DOCU:
2.41
SQ2.AX:
1.20
DOCU:
1.31
SQ2.AX:
0.78
DOCU:
0.76
SQ2.AX:
2.40
DOCU:
7.07
SQ2.AX:
17.78%
DOCU:
9.01%
SQ2.AX:
46.15%
DOCU:
43.84%
SQ2.AX:
-68.76%
DOCU:
-87.57%
SQ2.AX:
-25.29%
DOCU:
-68.89%
Fundamentals
SQ2.AX:
A$88.32B
DOCU:
$19.49B
SQ2.AX:
A$2.66
DOCU:
$4.82
SQ2.AX:
52.99
DOCU:
20.01
SQ2.AX:
0.15
DOCU:
0.59
SQ2.AX:
A$18.09B
DOCU:
$2.20B
SQ2.AX:
A$6.58B
DOCU:
$1.74B
SQ2.AX:
A$1.55B
DOCU:
$275.32M
Returns By Period
In the year-to-date period, SQ2.AX achieves a 2.99% return, which is significantly lower than DOCU's 7.26% return.
SQ2.AX
2.99%
3.71%
59.82%
39.66%
N/A
N/A
DOCU
7.26%
6.94%
90.73%
81.30%
3.46%
N/A
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Risk-Adjusted Performance
SQ2.AX vs. DOCU — Risk-Adjusted Performance Rank
SQ2.AX
DOCU
SQ2.AX vs. DOCU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Block, Inc. (SQ2.AX) and DocuSign, Inc. (DOCU). 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.
Dividends
SQ2.AX vs. DOCU - Dividend Comparison
Neither SQ2.AX nor DOCU has paid dividends to shareholders.
Drawdowns
SQ2.AX vs. DOCU - Drawdown Comparison
The maximum SQ2.AX drawdown since its inception was -68.76%, smaller than the maximum DOCU drawdown of -87.57%. Use the drawdown chart below to compare losses from any high point for SQ2.AX and DOCU. For additional features, visit the drawdowns tool.
Volatility
SQ2.AX vs. DOCU - Volatility Comparison
Block, Inc. (SQ2.AX) has a higher volatility of 10.84% compared to DocuSign, Inc. (DOCU) at 8.19%. This indicates that SQ2.AX's price experiences larger fluctuations and is considered to be riskier than DOCU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SQ2.AX vs. DOCU - Financials Comparison
This section allows you to compare key financial metrics between Block, Inc. and DocuSign, 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