CNM vs. VNT

Last updated Jun 3, 2026

CNM (Core & Main, Inc.) and VNT (Vontier Corporation) are both stocks. CNM operates in Industrial Distribution (Industrials), while VNT operates in Scientific & Technical Instruments (Technology). Over the past 3 years, CNM returned 22.74%/yr vs -1.77%/yr for VNT. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

CNM vs. VNT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Core & Main, Inc. (CNM) and Vontier Corporation (VNT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNM achieves a -2.87% return, which is significantly higher than VNT's -23.59% return.

CNM

• 1D: 2.85%
• 1M: 2.98%
• YTD: -2.87%
• 6M: 3.06%
• 1Y: -5.72%
• 3Y*: 22.74%
• 5Y*: —
• 10Y*: —

VNT

• 1D: -0.25%
• 1M: -19.25%
• YTD: -23.59%
• 6M: -20.29%
• 1Y: -20.11%
• 3Y*: -1.77%
• 5Y*: -3.25%
• 10Y*: —

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

CNM vs. VNT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CNM Core & Main, Inc.	-2.87%	2.08%	25.98%	109.27%	-36.35%	51.70%
VNT Vontier Corporation	-23.59%	2.22%	5.83%	79.34%	-36.82%	-5.60%

Correlation

The correlation between CNM and VNT is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jul 23, 2021	0.50

The correlation between CNM and VNT has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

Fundamentals

EPS CNM : $3.34 VNT : $2.83
PE Ratio CNM : 15.12 VNT : 10.03
PEG Ratio CNM : 0.25 VNT : 2.95
PS Ratio CNM : 0.87 VNT : 1.34
Total Revenue (TTM) CNM : $7.65B VNT : $3.09B
Gross Profit (TTM) CNM : $2.06B VNT : $1.10B
EBITDA (TTM) CNM : $856.00M VNT : $668.80M

Return for Risk

CNM vs. VNT — Risk / Return Rank

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

CNM

CNM Risk / Return Rank: 33
CNM Sharpe Ratio Rank: 34
CNM Sortino Ratio Rank: 32
CNM Omega Ratio Rank: 32
CNM Calmar Ratio Rank: 32
CNM Martin Ratio Rank: 33

VNT

VNT Risk / Return Rank: 13
VNT Sharpe Ratio Rank: 12
VNT Sortino Ratio Rank: 15
VNT Omega Ratio Rank: 14
VNT Calmar Ratio Rank: 20
VNT 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.

CNM vs. VNT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Core & Main, Inc. (CNM) and Vontier Corporation (VNT). 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.

	CNM	VNT	Difference
Sharpe ratio Return per unit of total volatility	-0.14	-0.67	+0.53
Sortino ratio Return per unit of downside risk	0.09	-0.75	+0.84
Omega ratio Gain probability vs. loss probability	1.01	0.90	+0.12
Calmar ratio Return relative to maximum drawdown	-0.23	-0.56	+0.33
Martin ratio Return relative to average drawdown	-0.39	-1.45	+1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNM vs. VNT - Sharpe Ratio Comparison

The current CNM Sharpe Ratio is -0.14, which is higher than the VNT Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of CNM and VNT, 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

	CNM	VNT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.14	-0.67	+0.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.02	+0.50

Drawdowns

CNM vs. VNT - Drawdown Comparison

The maximum CNM drawdown since its inception was -40.00%, smaller than the maximum VNT drawdown of -54.48%. Use the drawdown chart below to compare losses from any high point for CNM and VNT.

Drawdown Indicators

	CNM	VNT	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-54.48%	+14.48%
Max Drawdown (1Y) Largest decline over 1 year	-33.88%	-36.28%	+2.40%
Max Drawdown (3Y) Largest decline over 3 years	-38.74%	-38.38%	-0.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-54.48%	—
Current Drawdown Current decline from peak	-24.63%	-37.07%	+12.44%
Average Drawdown Average peak-to-trough decline	-17.14%	-18.63%	+1.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.03%	14.07%	+5.96%

Volatility

CNM vs. VNT - Volatility Comparison

The current volatility for Core & Main, Inc. (CNM) is 9.45%, while Vontier Corporation (VNT) has a volatility of 14.27%. This indicates that CNM experiences smaller price fluctuations and is considered to be less risky than VNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNM	VNT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.45%	14.27%	-4.82%
Volatility (6M) Calculated over the trailing 6-month period	23.32%	23.17%	+0.15%
Volatility (1Y) Calculated over the trailing 1-year period	40.50%	30.18%	+10.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.71%	30.58%	+10.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.71%	30.45%	+10.26%

Dividends

CNM vs. VNT - Dividend Comparison

CNM has not paid dividends to shareholders, while VNT's dividend yield for the trailing twelve months is around 0.35%.

Position	TTM	2025	2024	2023	2022	2021
CNM Core & Main, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VNT Vontier Corporation	0.35%	0.27%	0.27%	0.29%	0.52%	0.24%

Financials

CNM vs. VNT - Profitability Comparison

The chart below illustrates the profitability comparison between Core & Main, Inc. and Vontier Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CNM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a gross profit of 428.00M and revenue of 1.58B. Therefore, the gross margin over that period was 27.1%.

VNT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vontier Corporation reported a gross profit of 0.00 and revenue of 750.60M. Therefore, the gross margin over that period was 0.0%.

CNM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported an operating income of 118.00M and revenue of 1.58B, resulting in an operating margin of 7.5%.

VNT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vontier Corporation reported an operating income of 134.80M and revenue of 750.60M, resulting in an operating margin of 18.0%.

CNM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a net income of 70.00M and revenue of 1.58B, resulting in a net margin of 4.4%.

VNT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vontier Corporation reported a net income of 94.30M and revenue of 750.60M, resulting in a net margin of 12.6%.

Frequently Asked Questions

Can I hold both CNM and VNT in my portfolio?

CNM and VNT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CNM or VNT?

VNT has higher volatility (14.27%) compared to CNM (9.45%). In terms of maximum drawdown, CNM dropped -40.00% vs VNT's -54.48%.

Which has better risk-adjusted returns?

CNM currently has the higher Sharpe Ratio (-0.14 vs -0.67), 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.