WDAY vs. DT
WDAY (Workday, Inc.) and DT (Dynatrace, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 5 years, WDAY returned -8.61%/yr vs -4.66%/yr for DT. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
WDAY vs. DT - Performance Comparison
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Returns By Period
In the year-to-date period, WDAY achieves a -33.07% return, which is significantly lower than DT's -3.28% return.
WDAY
- 1D
- -0.36%
- 1M
- 12.46%
- YTD
- -33.07%
- 6M
- -34.95%
- 1Y
- -43.11%
- 3Y*
- -11.07%
- 5Y*
- -8.61%
- 10Y*
- 6.36%
DT
- 1D
- -0.64%
- 1M
- 3.00%
- YTD
- -3.28%
- 6M
- -6.43%
- 1Y
- -23.78%
- 3Y*
- -6.30%
- 5Y*
- -4.66%
- 10Y*
- —
WDAY vs. DT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WDAY Workday, Inc. | -33.07% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | -19.33% |
DT Dynatrace, Inc. | -3.28% | -20.26% | -0.62% | 42.79% | -36.54% | 39.47% | 71.03% | 6.08% |
Correlation
The correlation between WDAY and DT is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2019 | 0.58 |
The correlation between WDAY and DT has been stable across timeframes, ranging from 0.54 to 0.61 - a consistent structural relationship.
Fundamentals
WDAY:
$36.56B
DT:
$12.53B
WDAY:
$3.20
DT:
$0.73
WDAY:
44.88
DT:
57.29
WDAY:
0.03
DT:
0.79
WDAY:
3.86
DT:
6.29
WDAY:
5.47
DT:
4.80
WDAY:
$9.85B
DT:
$2.02B
WDAY:
$7.66B
DT:
$1.65B
WDAY:
$1.57B
DT:
$289.14M
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Return for Risk
WDAY vs. DT — Risk / Return Rank
WDAY
DT
WDAY vs. DT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Workday, Inc. (WDAY) and Dynatrace, Inc. (DT). 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.
| WDAY | DT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.92 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.56 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.46 | -0.99 | -0.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WDAY | DT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.00 | -0.61 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | -0.11 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.19 | +0.03 |
Drawdowns
WDAY vs. DT - Drawdown Comparison
The maximum WDAY drawdown since its inception was -63.38%, roughly equal to the maximum DT drawdown of -61.77%. Use the drawdown chart below to compare losses from any high point for WDAY and DT.
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Drawdown Indicators
| WDAY | DT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.38% | -61.77% | -1.61% |
Max Drawdown (1Y)Largest decline over 1 year | -55.52% | -42.87% | -12.65% |
Max Drawdown (3Y)Largest decline over 3 years | -63.38% | -48.16% | -15.22% |
Max Drawdown (5Y)Largest decline over 5 years | -63.38% | -61.77% | -1.61% |
Max Drawdown (10Y)Largest decline over 10 years | -63.38% | — | — |
Current DrawdownCurrent decline from peak | -53.20% | -46.78% | -6.42% |
Average DrawdownAverage peak-to-trough decline | -20.93% | -30.72% | +9.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 24.15% | +5.49% |
Volatility
WDAY vs. DT - Volatility Comparison
Workday, Inc. (WDAY) and Dynatrace, Inc. (DT) have volatilities of 19.95% and 19.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WDAY | DT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.95% | 19.30% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 37.34% | 33.43% | +3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.49% | 39.53% | +3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.94% | 40.78% | -1.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.91% | 46.54% | -7.63% |
Dividends
WDAY vs. DT - Dividend Comparison
Neither WDAY nor DT has paid dividends to shareholders.
Financials
WDAY vs. DT - Financials Comparison
This section allows you to compare key financial metrics between Workday, Inc. and Dynatrace, 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
WDAY vs. DT - Profitability Comparison
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Workday, Inc. reported a gross profit of 2.13B and revenue of 2.54B. Therefore, the gross margin over that period was 83.8%.
DT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dynatrace, Inc. reported a gross profit of 430.32M and revenue of 531.72M. Therefore, the gross margin over that period was 80.9%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
DT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dynatrace, Inc. reported an operating income of 37.34M and revenue of 531.72M, resulting in an operating margin of 7.0%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
DT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dynatrace, Inc. reported a net income of 76.21M and revenue of 531.72M, resulting in a net margin of 14.3%.
Frequently Asked Questions
WDAY and DT have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.95%) compared to DT (19.30%). In terms of maximum drawdown, WDAY dropped -63.38% vs DT's -61.77%.
DT currently has the higher Sharpe Ratio (-0.60 vs -1.00), 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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