WDAY vs. ROKU
WDAY (Workday, Inc.) and ROKU (Roku, Inc.) are both stocks. WDAY operates in Software - Application (Technology), while ROKU operates in Entertainment (Communication Services). Over the past 5 years, WDAY returned -7.31%/yr vs -19.48%/yr for ROKU. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
WDAY vs. ROKU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WDAY achieves a -25.35% return, which is significantly lower than ROKU's 33.66% return.
WDAY
- 1D
- 1.41%
- 1M
- 23.08%
- 6M
- -8.71%
- YTD
- -25.35%
- 1Y
- -30.10%
- 3Y*
- -12.56%
- 5Y*
- -7.31%
- 10Y*
- 7.15%
- ALL TIME*
- 9.13%
ROKU
- 1D
- -0.06%
- 1M
- 3.20%
- 6M
- 52.32%
- YTD
- 33.66%
- 1Y
- 54.00%
- 3Y*
- 14.15%
- 5Y*
- -19.48%
- 10Y*
- —
- ALL TIME*
- 28.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ROKU Roku, Inc. | $351.29M | $393.75M | $580.85M |
WDAY Workday, Inc. | $770.79M | $685.96M | $691.12M |
WDAY vs. ROKU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WDAY Workday, Inc. | -25.35% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | 2.99% | 56.95% | 1.01% |
ROKU Roku, Inc. | 33.66% | 45.94% | -18.90% | 125.21% | -82.16% | -31.27% | 147.96% | 337.01% | -40.83% | 228.14% |
Correlation
The correlation between WDAY and ROKU is 0.27, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.27 |
Correlation (3Y) Balances recent behavior with more history. | 0.33 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017 | 0.41 |
The correlation between WDAY and ROKU shifts across timeframes, from 0.27 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WDAY:
$42.00B
ROKU:
$21.51B
WDAY:
$3.23
ROKU:
$1.33
WDAY:
49.69
ROKU:
108.85
WDAY:
4.27
ROKU:
4.42
WDAY:
6.10
ROKU:
8.20
WDAY:
$9.85B
ROKU:
$4.97B
WDAY:
$7.66B
ROKU:
$2.19B
WDAY:
$1.57B
ROKU:
$280.30M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WDAY vs. ROKU — Risk / Return Rank
WDAY
ROKU
WDAY vs. ROKU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Workday, Inc. (WDAY) and Roku, Inc. (ROKU). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WDAY | ROKU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.51 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.24 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 1.96 | -2.51 |
| Martin ratioReturn relative to average drawdown | -0.90 | 5.65 | -6.55 |
Loading charts...
Drawdowns
WDAY vs. ROKU - Drawdown Comparison
The maximum WDAY drawdown since its inception was -63.38%, smaller than the maximum ROKU drawdown of -91.91%. Use the drawdown chart below to compare losses from any high point for WDAY and ROKU.
Loading charts...
Drawdown Indicators
| WDAY | ROKU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.38% | -91.91% | +28.53% |
Max Drawdown (1Y)Largest decline over 1 year | -54.58% | -27.69% | -26.89% |
Max Drawdown (3Y)Largest decline over 3 years | -63.38% | -51.65% | -11.73% |
Max Drawdown (5Y)Largest decline over 5 years | -63.38% | -90.79% | +27.41% |
Max Drawdown (10Y)Largest decline over 10 years | -63.38% | — | — |
Current DrawdownCurrent decline from peak | -47.81% | -69.76% | +21.95% |
Average DrawdownAverage peak-to-trough decline | -21.29% | -53.10% | +31.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.34% | 9.83% | +23.51% |
Volatility
WDAY vs. ROKU - Volatility Comparison
Workday, Inc. (WDAY) has a higher volatility of 19.91% compared to Roku, Inc. (ROKU) at 3.43%. This indicates that WDAY's price experiences larger fluctuations and is considered to be riskier than ROKU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WDAY | ROKU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.91% | 3.43% | +16.48% |
Volatility (6M)Calculated over the trailing 6-month period | 43.24% | 34.40% | +8.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.57% | 46.83% | +2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.40% | 66.52% | -26.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.45% | 74.91% | -35.46% |
Dividends
WDAY vs. ROKU - Dividend Comparison
Neither WDAY nor ROKU has paid dividends to shareholders.
Financials
WDAY vs. ROKU - Financials Comparison
This section allows you to compare key financial metrics between Workday, Inc. and Roku, 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. ROKU - Profitability Comparison
WDAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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%.
ROKU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Roku, Inc. reported a gross profit of 564.94M and revenue of 1.25B. Therefore, the gross margin over that period was 45.2%.
WDAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported an operating income of 338.00M and revenue of 2.54B, resulting in an operating margin of 13.3%.
ROKU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Roku, Inc. reported an operating income of 51.77M and revenue of 1.25B, resulting in an operating margin of 4.2%.
WDAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Workday, Inc. reported a net income of 222.00M and revenue of 2.54B, resulting in a net margin of 8.7%.
ROKU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Roku, Inc. reported a net income of 85.70M and revenue of 1.25B, resulting in a net margin of 6.9%.
Frequently Asked Questions
WDAY and ROKU have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WDAY has higher volatility (19.91%) compared to ROKU (3.43%). In terms of maximum drawdown, WDAY dropped -63.38% vs ROKU's -91.91%.
ROKU currently has the higher Sharpe Ratio (1.16 vs -0.61), 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.
Find the right allocation for WDAY and ROKU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer