CECO vs. V

Last updated Jun 3, 2026

CECO (CECO Environmental Corp.) and V (Visa Inc.) are both stocks. CECO operates in Pollution & Treatment Controls (Industrials), while V operates in Credit Services (Financial Services). Over the past 10 years, CECO returned 25.69%/yr vs 15.59%/yr for V. At a 0.23 correlation, their price movements are largely independent.

Performance

CECO vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CECO Environmental Corp. (CECO) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CECO achieves a 31.11% return, which is significantly higher than V's -9.15% return. Over the past 10 years, CECO has outperformed V with an annualized return of 25.69%, while V has yielded a comparatively lower 15.59% annualized return.

CECO

• 1D: -0.71%
• 1M: 5.61%
• YTD: 31.11%
• 6M: 50.10%
• 1Y: 189.99%
• 3Y*: 85.27%
• 5Y*: 58.36%
• 10Y*: 25.69%

V

• 1D: -1.69%
• 1M: -3.06%
• YTD: -9.15%
• 6M: -3.33%
• 1Y: -12.45%
• 3Y*: 12.37%
• 5Y*: 7.63%
• 10Y*: 15.59%

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

CECO vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CECO CECO Environmental Corp.	31.11%	97.98%	49.06%	73.63%	87.48%	-10.49%	-9.14%	13.48%	31.58%	-62.30%
V Visa Inc.	-9.15%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%

Correlation

The correlation between CECO and V is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Mar 20, 2008	0.23

Over the past year, the correlation between CECO and V has dropped to 0.00 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.

Fundamentals

EPS CECO : $0.47 V : $15.24
PE Ratio CECO : 167.83 V : 20.82
PEG Ratio CECO : 0.48 V : 1.28
PS Ratio CECO : 3.54 V : 10.76
Total Revenue (TTM) CECO : $812.38M V : $43.03B
Gross Profit (TTM) CECO : $278.45M V : $16.94B
EBITDA (TTM) CECO : $77.75M V : $27.63B

Return for Risk

CECO vs. V — Risk / Return Rank

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

CECO

CECO Risk / Return Rank: 92
CECO Sharpe Ratio Rank: 95
CECO Sortino Ratio Rank: 89
CECO Omega Ratio Rank: 91
CECO Calmar Ratio Rank: 92
CECO Martin Ratio Rank: 94

V

V Risk / Return Rank: 16
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 15
V Omega Ratio Rank: 16
V Calmar Ratio Rank: 18
V Martin Ratio Rank: 15

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.

CECO vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CECO Environmental Corp. (CECO) and Visa Inc. (V). 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.

	CECO	V	Difference
Sharpe ratio Return per unit of total volatility	3.20	-0.57	+3.76
Sortino ratio Return per unit of downside risk	3.22	-0.69	+3.91
Omega ratio Gain probability vs. loss probability	1.45	0.91	+0.54
Calmar ratio Return relative to maximum drawdown	5.47	-0.61	+6.08
Martin ratio Return relative to average drawdown	17.25	-1.14	+18.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CECO vs. V - Sharpe Ratio Comparison

The current CECO Sharpe Ratio is 3.20, which is higher than the V Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of CECO and V, 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

	CECO	V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.20	-0.57	+3.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.14	0.34	+0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.64	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.69	-0.52

Drawdowns

CECO vs. V - Drawdown Comparison

The maximum CECO drawdown since its inception was -90.64%, which is greater than V's maximum drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for CECO and V.

Drawdown Indicators

	CECO	V	Difference
Max Drawdown Largest peak-to-trough decline	-90.64%	-51.90%	-38.74%
Max Drawdown (1Y) Largest decline over 1 year	-35.08%	-20.38%	-14.70%
Max Drawdown (3Y) Largest decline over 3 years	-47.93%	-20.38%	-27.55%
Max Drawdown (5Y) Largest decline over 5 years	-48.73%	-28.60%	-20.13%
Max Drawdown (10Y) Largest decline over 10 years	-74.13%	-36.36%	-37.77%
Current Drawdown Current decline from peak	-12.68%	-14.33%	+1.65%
Average Drawdown Average peak-to-trough decline	-46.29%	-8.26%	-38.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.12%	10.89%	+0.23%

Volatility

CECO vs. V - Volatility Comparison

CECO Environmental Corp. (CECO) has a higher volatility of 24.03% compared to Visa Inc. (V) at 5.00%. This indicates that CECO's price experiences larger fluctuations and is considered to be riskier than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CECO	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.03%	5.00%	+19.03%
Volatility (6M) Calculated over the trailing 6-month period	48.56%	17.23%	+31.33%
Volatility (1Y) Calculated over the trailing 1-year period	59.84%	22.06%	+37.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.49%	22.76%	+28.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.65%	24.45%	+27.20%

Dividends

CECO vs. V - Dividend Comparison

CECO has not paid dividends to shareholders, while V's dividend yield for the trailing twelve months is around 0.82%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CECO CECO Environmental Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.39%	1.89%	3.44%
V Visa Inc.	0.82%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Financials

CECO vs. V - Profitability Comparison

The chart below illustrates the profitability comparison between CECO Environmental Corp. and Visa Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CECO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CECO Environmental Corp. reported a gross profit of 75.38M and revenue of 214.69M. Therefore, the gross margin over that period was 35.1%.

V - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported a gross profit of -8.90B and revenue of 11.23B. Therefore, the gross margin over that period was -79.3%.

CECO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CECO Environmental Corp. reported an operating income of 16.53M and revenue of 214.69M, resulting in an operating margin of 7.7%.

V - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported an operating income of 7.23B and revenue of 11.23B, resulting in an operating margin of 64.4%.

CECO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CECO Environmental Corp. reported a net income of 3.06M and revenue of 214.69M, resulting in a net margin of 1.4%.

V - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported a net income of 6.02B and revenue of 11.23B, resulting in a net margin of 53.6%.

Frequently Asked Questions

Can I hold both CECO and V in my portfolio?

CECO and V have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CECO or V?

CECO has higher volatility (24.03%) compared to V (5.00%). In terms of maximum drawdown, CECO dropped -90.64% vs V's -51.90%.

Which has better risk-adjusted returns?

CECO currently has the higher Sharpe Ratio (3.20 vs -0.57), 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.