HDB vs FTNT
Comparison between HDFC Bank Ltd (HDB, Company) and Fortinet Inc (FTNT, Company).
HDB is from the Financial Services sector, while FTNT is from the Technology sector.
5-Year PerformanceFTNT has outperformed HDB, delivering a return of +22.0% compared to -7.0%
HDB vs FTNT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HDB vs FTNT - Historical Returns
Returns include dividend reinvestment.
HDB vs FTNT - Annual Returns (2001 - 2026)
Returns include dividend reinvestment.
| Year | HDB | FTNT |
|---|---|---|
| 2026 | -34.29% | +102.89% |
| 2025 | +16.67% | -16.19% |
| 2024 | -1.83% | +63.52% |
| 2023 | +0.16% | +20.63% |
| 2022 | +5.02% | -26.62% |
| 2021 | -6.36% | +146.91% |
| 2020 | +13.44% | +35.42% |
| 2019 | +22.49% | +53.21% |
| 2018 | +1.78% | +58.80% |
| 2017 | +72.77% | +45.05% |
| 2016 | +2.01% | -0.36% |
| 2015 | +19.20% | +1.23% |
| 2014 | +51.28% | +61.20% |
| 2013 | -15.81% | -9.72% |
| 2012 | +51.19% | +1.20% |
| 2011 | -21.96% | +31.78% |
| 2010 | +25.89% | +79.72% |
| 2009 | +70.58% | +5.72% |
| 2008 | -43.66% | N/A |
| 2007 | +75.23% | N/A |
| 2006 | +44.82% | N/A |
| 2005 | +12.12% | N/A |
| 2004 | +43.71% | N/A |
| 2003 | +127.33% | N/A |
| 2002 | -7.01% | N/A |
| 2001 | -0.75% | N/A |
HDB vs FTNT Drawdown Comparison
The maximum drawdown for HDB was -67.94%, occurring on Nov 20, 2008. Recovery took 583 trading sessions.
The maximum drawdown for FTNT was -51.20%, occurring on Feb 11, 2016. Recovery took 638 trading sessions.
The current HDB drawdown is -38.52%. The current FTNT drawdown is -6.11%.
| Rank | HDB | FTNT |
|---|---|---|
| #1 | -67.94% Dec 6, 2007 - Apr 1, 2010 | -51.20% Aug 5, 2015 - Feb 15, 2018 |
| #2 | -54.28% Jul 3, 2019 - Nov 9, 2020 | -42.31% Jul 6, 2011 - Apr 2, 2012 |
| #3 | -40.98% Jul 23, 2025 - Jun 8, 2026 | -41.88% Apr 5, 2012 - Dec 17, 2014 |
| #4 | -39.02% Mar 11, 2021 - Jul 21, 2025 | -38.32% Jul 17, 2023 - Oct 9, 2024 |
| #5 | -36.32% May 8, 2013 - May 9, 2014 | -37.61% Feb 6, 2020 - May 7, 2020 |
| #6 | -34.37% Oct 5, 2010 - Sep 28, 2012 | -37.54% Dec 27, 2021 - Jun 15, 2023 |
| #7 | -32.89% Jan 7, 2004 - Oct 29, 2004 | -35.07% Feb 19, 2025 - May 11, 2026 |
| #8 | -29.46% May 8, 2006 - Oct 5, 2006 | -29.02% Oct 1, 2018 - Apr 12, 2019 |
| #9 | -28.84% Sep 7, 2001 - Apr 7, 2003 | -26.85% Apr 15, 2019 - Nov 8, 2019 |
| #10 | -22.68% Jul 20, 2018 - Mar 15, 2019 | -26.22% Jul 9, 2020 - Dec 22, 2020 |
| #11 | -22.43% Oct 4, 2005 - Jan 6, 2006 | -25.41% Jan 8, 2010 - Aug 31, 2010 |
| #12 | -22.04% Feb 7, 2007 - May 18, 2007 | -16.84% Nov 8, 2021 - Dec 27, 2021 |
| #13 | -20.63% Oct 31, 2007 - Dec 5, 2007 | -14.86% Apr 5, 2011 - Apr 28, 2011 |
| #14 | -20.34% Oct 7, 2015 - Jun 2, 2016 | -10.83% Mar 15, 2021 - Apr 6, 2021 |
| #15 | -20.07% Sep 6, 2016 - Mar 20, 2017 | -10.49% May 20, 2020 - Jul 8, 2020 |
Correlation
Correlation between HDB and FTNT is 0.74 which considered as a strong positive correlation - the stocks tend to move together.
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