TNGX vs. DASH

Last updated Jun 3, 2026

TNGX (Tango Therapeutics, Inc.) and DASH (DoorDash, Inc.) are both stocks. TNGX operates in Biotechnology (Healthcare), while DASH operates in Internet Content & Information (Communication Services). Over the past 5 years, TNGX returned 14.39%/yr vs 2.44%/yr for DASH. At a 0.18 correlation, their price movements are largely independent.

Performance

TNGX vs. DASH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tango Therapeutics, Inc. (TNGX) and DoorDash, Inc. (DASH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TNGX achieves a 142.66% return, which is significantly higher than DASH's -30.70% return.

TNGX

• 1D: -6.93%
• 1M: 2.48%
• YTD: 142.66%
• 6M: 113.29%
• 1Y: 746.46%
• 3Y*: 88.89%
• 5Y*: 14.39%
• 10Y*: —

DASH

• 1D: -4.75%
• 1M: -10.74%
• YTD: -30.70%
• 6M: -27.67%
• 1Y: -26.24%
• 3Y*: 32.23%
• 5Y*: 2.44%
• 10Y*: —

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

TNGX vs. DASH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TNGX Tango Therapeutics, Inc.	142.66%	186.73%	-68.79%	36.55%	-33.73%	-4.37%	4.19%
DASH DoorDash, Inc.	-30.70%	35.01%	69.63%	102.56%	-67.21%	4.31%	-24.67%

Correlation

The correlation between TNGX and DASH 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	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020	0.18

The correlation between TNGX and DASH shifts across timeframes, from 0.02 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TNGX : $3.09B DASH : $69.42B
EPS TNGX : -$0.89 DASH : $2.10
PS Ratio TNGX : 45.39 DASH : 4.71
PB Ratio TNGX : 7.88 DASH : 6.81
Total Revenue (TTM) TNGX : $56.99M DASH : $14.72B
Gross Profit (TTM) TNGX : $55.33M DASH : $7.49B
EBITDA (TTM) TNGX : -$111.92M DASH : $1.69B

Return for Risk

TNGX vs. DASH — Risk / Return Rank

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

TNGX

TNGX Risk / Return Rank: 99
TNGX Sharpe Ratio Rank: 100
TNGX Sortino Ratio Rank: 98
TNGX Omega Ratio Rank: 97
TNGX Calmar Ratio Rank: 100
TNGX Martin Ratio Rank: 100

DASH

DASH Risk / Return Rank: 18
DASH Sharpe Ratio Rank: 15
DASH Sortino Ratio Rank: 17
DASH Omega Ratio Rank: 17
DASH Calmar Ratio Rank: 22
DASH Martin Ratio Rank: 22

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.

TNGX vs. DASH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tango Therapeutics, Inc. (TNGX) and DoorDash, Inc. (DASH). 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.

	TNGX	DASH	Difference
Sharpe ratio Return per unit of total volatility	8.28	-0.60	+8.87
Sortino ratio Return per unit of downside risk	5.67	-0.61	+6.29
Omega ratio Gain probability vs. loss probability	1.70	0.92	+0.78
Calmar ratio Return relative to maximum drawdown	29.70	-0.52	+30.22
Martin ratio Return relative to average drawdown	79.51	-0.93	+80.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TNGX vs. DASH - Sharpe Ratio Comparison

The current TNGX Sharpe Ratio is 8.28, which is higher than the DASH Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of TNGX and DASH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TNGX	DASH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	8.28	-0.60	+8.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	0.05	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	-0.06	+0.21

Drawdowns

TNGX vs. DASH - Drawdown Comparison

The maximum TNGX drawdown since its inception was -93.64%, which is greater than DASH's maximum drawdown of -82.49%. Use the drawdown chart below to compare losses from any high point for TNGX and DASH.

Drawdown Indicators

	TNGX	DASH	Difference
Max Drawdown Largest peak-to-trough decline	-93.64%	-82.49%	-11.15%
Max Drawdown (1Y) Largest decline over 1 year	-29.24%	-47.97%	+18.73%
Max Drawdown (3Y) Largest decline over 3 years	-91.46%	-47.97%	-43.49%
Max Drawdown (5Y) Largest decline over 5 years	-93.64%	-82.49%	-11.15%
Current Drawdown Current decline from peak	-22.58%	-44.29%	+21.71%
Average Drawdown Average peak-to-trough decline	-48.22%	-43.53%	-4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.92%	26.50%	-15.58%

Volatility

TNGX vs. DASH - Volatility Comparison

Tango Therapeutics, Inc. (TNGX) has a higher volatility of 28.86% compared to DoorDash, Inc. (DASH) at 14.45%. This indicates that TNGX's price experiences larger fluctuations and is considered to be riskier than DASH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TNGX	DASH	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.86%	14.45%	+14.41%
Volatility (6M) Calculated over the trailing 6-month period	64.74%	32.39%	+32.35%
Volatility (1Y) Calculated over the trailing 1-year period	92.04%	44.10%	+47.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	99.00%	54.22%	+44.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.56%	57.11%	+36.45%

Dividends

TNGX vs. DASH - Dividend Comparison

Neither TNGX nor DASH has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both TNGX and DASH in my portfolio?

TNGX and DASH 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.

Which is riskier, TNGX or DASH?

TNGX has higher volatility (28.86%) compared to DASH (14.45%). In terms of maximum drawdown, TNGX dropped -93.64% vs DASH's -82.49%.

Which has better risk-adjusted returns?

TNGX currently has the higher Sharpe Ratio (8.28 vs -0.60), 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.