CLS vs. VOOG

Last updated Jul 21, 2026

CLS (Celestica Inc.) is a stock, while VOOG (Vanguard S&P 500 Growth ETF) is S&P 500 fund tracking the S&P 500 Growth Index. Over the past 10 years, CLS returned 39.71%/yr vs 17.29%/yr for VOOG. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

CLS vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Celestica Inc. (CLS) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CLS achieves a 3.97% return, which is significantly lower than VOOG's 9.56% return. Over the past 10 years, CLS has outperformed VOOG with an annualized return of 39.71%, while VOOG has yielded a comparatively lower 17.29% annualized return.

CLS

• 1D: 1.99%
• 1M: -17.50%
• 6M: -2.00%
• YTD: 3.97%
• 1Y: 91.94%
• 3Y*: 167.48%
• 5Y*: 110.20%
• 10Y*: 39.71%
• ALL TIME*: 13.29%

VOOG

• 1D: 0.28%
• 1M: -2.33%
• 6M: 9.02%
• YTD: 9.56%
• 1Y: 20.56%
• 3Y*: 24.32%
• 5Y*: 13.37%
• 10Y*: 17.29%
• ALL TIME*: 16.66%

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

CLS vs. VOOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLS Celestica Inc.	3.97%	220.27%	215.23%	159.80%	1.26%	37.92%	-2.42%	-5.70%	-16.32%	-11.56%
VOOG Vanguard S&P 500 Growth ETF	9.56%	22.11%	35.89%	29.96%	-29.48%	31.95%	33.35%	30.93%	-0.21%	27.19%

Correlation

The correlation between CLS and VOOG is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.50

The correlation between CLS and VOOG has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.

Return for Risk

CLS vs. VOOG — Risk / Return Rank

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

CLS

CLS Risk / Return Rank: 80
CLS Sharpe Ratio Rank: 81
CLS Sortino Ratio Rank: 77
CLS Omega Ratio Rank: 76
CLS Calmar Ratio Rank: 84
CLS Martin Ratio Rank: 84

VOOG

VOOG Risk / Return Rank: 42
VOOG Sharpe Ratio Rank: 44
VOOG Sortino Ratio Rank: 42
VOOG Omega Ratio Rank: 41
VOOG Calmar Ratio Rank: 38
VOOG Martin Ratio Rank: 46

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.

CLS vs. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Celestica Inc. (CLS) and Vanguard S&P 500 Growth ETF (VOOG). 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.

	CLS	VOOG	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.19	+0.06
Sortino ratio: Return per unit of downside risk	1.82	1.69	+0.13
Omega ratio: Gain probability vs. loss probability	1.23	1.21	+0.02
Calmar ratio: Return relative to maximum drawdown	2.55	1.51	+1.05
Martin ratio: Return relative to average drawdown	6.40	5.71	+0.69

CLS vs. VOOG - Sharpe Ratio Comparison

The current CLS Sharpe Ratio is 1.24, which is comparable to the VOOG Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of CLS and VOOG, 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

CLS vs. VOOG - Drawdown Comparison

The maximum CLS drawdown since its inception was -96.93%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for CLS and VOOG.

Drawdown Indicators

	CLS	VOOG	Difference
Max Drawdown Largest peak-to-trough decline	-96.93%	-32.73%	-64.20%
Max Drawdown (1Y) Largest decline over 1 year	-36.21%	-13.71%	-22.50%
Max Drawdown (3Y) Largest decline over 3 years	-53.96%	-22.18%	-31.78%
Max Drawdown (5Y) Largest decline over 5 years	-53.96%	-32.73%	-21.23%
Max Drawdown (10Y) Largest decline over 10 years	-80.60%	-32.73%	-47.87%
Current Drawdown Current decline from peak	-34.94%	-4.75%	-30.19%
Average Drawdown Average peak-to-trough decline	-73.15%	-4.96%	-68.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.42%	3.61%	+10.81%

Volatility

CLS vs. VOOG - Volatility Comparison

Celestica Inc. (CLS) has a higher volatility of 19.22% compared to Vanguard S&P 500 Growth ETF (VOOG) at 5.64%. This indicates that CLS's price experiences larger fluctuations and is considered to be riskier than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLS	VOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.22%	5.64%	+13.58%
Volatility (6M) Calculated over the trailing 6-month period	54.76%	14.37%	+40.39%
Volatility (1Y) Calculated over the trailing 1-year period	74.54%	17.43%	+57.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.25%	21.44%	+36.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.31%	20.83%	+29.48%

Dividends

CLS vs. VOOG - Dividend Comparison

CLS has not paid dividends to shareholders, while VOOG's dividend yield for the trailing twelve months is around 0.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLS Celestica 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%
VOOG Vanguard S&P 500 Growth ETF	0.46%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both CLS and VOOG in my portfolio?

CLS and VOOG have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CLS or VOOG?

CLS has higher volatility (19.22%) compared to VOOG (5.64%). In terms of maximum drawdown, CLS dropped -96.93% vs VOOG's -32.73%.

Which has better risk-adjusted returns?

CLS currently has the higher Sharpe Ratio (1.24 vs 1.19), 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.