SWAV vs. DOCS

Last updated Apr 1, 2026

Compare and contrast key facts about ShockWave Medical, Inc. (SWAV) and Doximity, Inc. (DOCS).

Performance

SWAV vs. DOCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ShockWave Medical, Inc. (SWAV) and Doximity, Inc. (DOCS). The values are adjusted to include any dividend payments, if applicable.

SWAV vs. DOCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SWAV ShockWave Medical, Inc.	0.00%	0.00%	75.67%	-7.32%	15.30%	-7.48%
DOCS Doximity, Inc.	-47.38%	-17.06%	90.41%	-16.45%	-33.05%	-5.42%

Fundamentals

Total Revenue (TTM) SWAV : $787.97M DOCS : $637.78M
Gross Profit (TTM) SWAV : $685.44M DOCS : $572.39M
EBITDA (TTM) SWAV : $204.51M DOCS : $268.45M

Returns By Period

SWAV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DOCS

• 1D: -1.81%
• 1M: -5.01%
• YTD: -47.38%
• 6M: -68.15%
• 1Y: -59.85%
• 3Y*: -10.39%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SWAV vs. DOCS — Risk / Return Rank

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

DOCS

DOCS Risk / Return Rank: 4
DOCS Sharpe Ratio Rank: 2
DOCS Sortino Ratio Rank: 2
DOCS Omega Ratio Rank: 3
DOCS Calmar Ratio Rank: 9
DOCS Martin Ratio Rank: 3

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.

SWAV vs. DOCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ShockWave Medical, Inc. (SWAV) and Doximity, Inc. (DOCS). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SWAV	DOCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.23	—

Correlation

The correlation between SWAV and DOCS is 0.28, 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.

Dividends

SWAV vs. DOCS - Dividend Comparison

Neither SWAV nor DOCS has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	SWAV	DOCS	Difference
Max Drawdown Largest peak-to-trough decline	—	-80.53%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-68.98%	—
Current Drawdown Current decline from peak	—	-77.16%	—
Average Drawdown Average peak-to-trough decline	—	-56.34%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	33.02%	—

Volatility

Volatility by Period

	SWAV	DOCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	37.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	49.32%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	68.77%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	68.77%	—

Financials