CIGI vs. NOW

Last updated Jun 23, 2026

CIGI (Colliers International Group Inc Bats) and NOW (ServiceNow, Inc) are both stocks. CIGI operates in Real Estate - Services (Real Estate), while NOW operates in Software - Application (Technology). Over the past 10 years, CIGI returned 9.92%/yr vs 20.79%/yr for NOW. At a 0.27 correlation, their price movements are largely independent.

Performance

CIGI vs. NOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Colliers International Group Inc Bats (CIGI) and ServiceNow, Inc (NOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CIGI having a -39.04% return and NOW slightly lower at -39.28%. Over the past 10 years, CIGI has underperformed NOW with an annualized return of 9.92%, while NOW has yielded a comparatively higher 20.79% annualized return.

CIGI

• 1D: -1.86%
• 1M: -6.72%
• YTD: -39.04%
• 6M: -39.34%
• 1Y: -30.32%
• 3Y*: -1.13%
• 5Y*: -5.06%
• 10Y*: 9.92%

NOW

• 1D: -2.14%
• 1M: -8.93%
• YTD: -39.28%
• 6M: -40.64%
• 1Y: -52.13%
• 3Y*: -5.03%
• 5Y*: -3.31%
• 10Y*: 20.79%

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

CIGI vs. NOW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CIGI Colliers International Group Inc Bats	-39.04%	8.35%	7.74%	37.84%	-37.89%	67.02%	14.48%	41.88%	-8.67%	64.51%
NOW ServiceNow, Inc	-39.28%	-27.75%	50.05%	81.96%	-40.18%	17.93%	94.97%	58.56%	36.55%	75.40%

Correlation

The correlation between CIGI and NOW is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jun 29, 2012	0.27

The correlation between CIGI and NOW shifts across timeframes, from 0.21 (1 year) to 0.39 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CIGI : $3.29B NOW : $96.73B
EPS CIGI : $2.30 NOW : $1.68
PE Ratio CIGI : 38.89 NOW : 55.37
PEG Ratio CIGI : 1.35 NOW : 0.47
PS Ratio CIGI : 0.57 NOW : 6.97
PB Ratio CIGI : 2.17 NOW : 7.13
Total Revenue (TTM) CIGI : $5.81B NOW : $13.96B
Gross Profit (TTM) CIGI : $2.59B NOW : $10.69B
EBITDA (TTM) CIGI : $596.35M NOW : $2.80B

Return for Risk

CIGI vs. NOW — Risk / Return Rank

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

CIGI

CIGI Risk / Return Rank: 11
CIGI Sharpe Ratio Rank: 7
CIGI Sortino Ratio Rank: 9
CIGI Omega Ratio Rank: 9
CIGI Calmar Ratio Rank: 18
CIGI Martin Ratio Rank: 13

NOW

NOW Risk / Return Rank: 6
NOW Sharpe Ratio Rank: 4
NOW Sortino Ratio Rank: 5
NOW Omega Ratio Rank: 6
NOW Calmar Ratio Rank: 8
NOW Martin Ratio Rank: 6

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.

CIGI vs. NOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Colliers International Group Inc Bats (CIGI) and ServiceNow, Inc (NOW). 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.

	CIGI	NOW	Difference
Sharpe ratio: Return per unit of total volatility	-0.91	-1.04	+0.13
Sortino ratio: Return per unit of downside risk	-1.16	-1.57	+0.41
Omega ratio: Gain probability vs. loss probability	0.85	0.80	+0.05
Calmar ratio: Return relative to maximum drawdown	-0.65	-0.87	+0.22
Martin ratio: Return relative to average drawdown	-1.26	-1.50	+0.24

CIGI vs. NOW - Sharpe Ratio Comparison

The current CIGI Sharpe Ratio is -0.91, which is comparable to the NOW Sharpe Ratio of -1.04. The chart below compares the historical Sharpe Ratios of CIGI and NOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CIGI vs. NOW - Drawdown Comparison

The maximum CIGI drawdown since its inception was -80.58%, which is greater than NOW's maximum drawdown of -64.54%. Use the drawdown chart below to compare losses from any high point for CIGI and NOW.

Drawdown Indicators

	CIGI	NOW	Difference
Max Drawdown Largest peak-to-trough decline	-80.58%	-64.54%	-16.04%
Max Drawdown (1Y) Largest decline over 1 year	-47.01%	-60.28%	+13.27%
Max Drawdown (3Y) Largest decline over 3 years	-47.01%	-64.54%	+17.53%
Max Drawdown (5Y) Largest decline over 5 years	-47.01%	-64.54%	+17.53%
Max Drawdown (10Y) Largest decline over 10 years	-60.35%	-64.54%	+4.19%
Current Drawdown Current decline from peak	-47.01%	-60.27%	+13.26%
Average Drawdown Average peak-to-trough decline	-19.84%	-13.85%	-5.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.17%	34.83%	-10.66%

Volatility

CIGI vs. NOW - Volatility Comparison

The current volatility for Colliers International Group Inc Bats (CIGI) is 6.60%, while ServiceNow, Inc (NOW) has a volatility of 24.38%. This indicates that CIGI experiences smaller price fluctuations and is considered to be less risky than NOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CIGI	NOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	24.38%	-17.78%
Volatility (6M) Calculated over the trailing 6-month period	28.93%	45.86%	-16.93%
Volatility (1Y) Calculated over the trailing 1-year period	33.51%	50.56%	-17.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.91%	43.53%	-10.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.32%	40.90%	-4.58%

Dividends

CIGI vs. NOW - Dividend Comparison

CIGI's dividend yield for the trailing twelve months is around 0.33%, while NOW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CIGI Colliers International Group Inc Bats	0.33%	0.20%	0.22%	0.24%	0.33%	0.13%	0.11%	0.13%	0.18%	0.17%	0.27%	55.20%
NOW ServiceNow, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

CIGI vs. NOW - Profitability Comparison

The chart below illustrates the profitability comparison between Colliers International Group Inc Bats and ServiceNow, Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CIGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Colliers International Group Inc Bats reported a gross profit of 1.30B and revenue of 1.30B. Therefore, the gross margin over that period was 100.0%.

NOW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported a gross profit of 2.83B and revenue of 3.77B. Therefore, the gross margin over that period was 75.1%.

CIGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Colliers International Group Inc Bats reported an operating income of 50.18M and revenue of 1.30B, resulting in an operating margin of 3.9%.

NOW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported an operating income of 503.00M and revenue of 3.77B, resulting in an operating margin of 13.3%.

CIGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Colliers International Group Inc Bats reported a net income of -23.70M and revenue of 1.30B, resulting in a net margin of -1.8%.

NOW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ServiceNow, Inc reported a net income of 469.00M and revenue of 3.77B, resulting in a net margin of 12.4%.

Frequently Asked Questions

Can I hold both CIGI and NOW in my portfolio?

CIGI and NOW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CIGI or NOW?

NOW has higher volatility (24.38%) compared to CIGI (6.60%). In terms of maximum drawdown, CIGI dropped -80.58% vs NOW's -64.54%.

Which has better risk-adjusted returns?

CIGI currently has the higher Sharpe Ratio (-0.91 vs -1.04), 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.