CNSWF vs. VT

Last updated Jun 26, 2026

CNSWF (Constellation Software Inc) is a stock, while VT (Vanguard Total World Stock ETF) is Global Equities fund tracking the FTSE Global All Cap Index. Over the past 10 years, CNSWF returned 18.23%/yr vs 13.25%/yr for VT. At a 0.34 correlation, their price movements are largely independent.

Performance

CNSWF vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Constellation Software Inc (CNSWF) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CNSWF achieves a -18.76% return, which is significantly lower than VT's 10.43% return. Over the past 10 years, CNSWF has outperformed VT with an annualized return of 18.23%, while VT has yielded a comparatively lower 13.25% annualized return.

CNSWF

• 1D: -3.48%
• 1M: 0.43%
• YTD: -18.76%
• 6M: -19.74%
• 1Y: -45.49%
• 3Y*: -0.91%
• 5Y*: 5.18%
• 10Y*: 18.23%

VT

• 1D: 0.38%
• 1M: -1.25%
• YTD: 10.43%
• 6M: 9.42%
• 1Y: 24.79%
• 3Y*: 20.08%
• 5Y*: 10.49%
• 10Y*: 13.25%

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

CNSWF vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CNSWF Constellation Software Inc	-18.76%	-22.46%	24.90%	59.77%	-15.99%	43.09%	34.48%	53.34%	6.04%	33.51%
VT Vanguard Total World Stock ETF	10.43%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%

Correlation

The correlation between CNSWF and VT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jun 26, 2008	0.34

The correlation between CNSWF and VT shifts across timeframes, from 0.16 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CNSWF vs. VT — Risk / Return Rank

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

CNSWF

CNSWF Risk / Return Rank: 9
CNSWF Sharpe Ratio Rank: 4
CNSWF Sortino Ratio Rank: 5
CNSWF Omega Ratio Rank: 7
CNSWF Calmar Ratio Rank: 11
CNSWF Martin Ratio Rank: 16

VT

VT Risk / Return Rank: 65
VT Sharpe Ratio Rank: 65
VT Sortino Ratio Rank: 64
VT Omega Ratio Rank: 65
VT Calmar Ratio Rank: 61
VT Martin Ratio Rank: 69

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.

CNSWF vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Constellation Software Inc (CNSWF) and Vanguard Total World Stock ETF (VT). 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.

	CNSWF	VT	Difference
Sharpe ratio: Return per unit of total volatility	-1.09	1.84	-2.93
Sortino ratio: Return per unit of downside risk	-1.65	2.54	-4.19
Omega ratio: Gain probability vs. loss probability	0.81	1.34	-0.52
Calmar ratio: Return relative to maximum drawdown	-0.83	2.57	-3.40
Martin ratio: Return relative to average drawdown	-1.22	11.09	-12.31

CNSWF vs. VT - Sharpe Ratio Comparison

The current CNSWF Sharpe Ratio is -1.09, which is lower than the VT Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of CNSWF and VT, 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

CNSWF vs. VT - Drawdown Comparison

The maximum CNSWF drawdown since its inception was -55.25%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for CNSWF and VT.

Drawdown Indicators

	CNSWF	VT	Difference
Max Drawdown Largest peak-to-trough decline	-55.25%	-50.27%	-4.98%
Max Drawdown (1Y) Largest decline over 1 year	-55.12%	-9.67%	-45.45%
Max Drawdown (3Y) Largest decline over 3 years	-55.25%	-16.51%	-38.74%
Max Drawdown (5Y) Largest decline over 5 years	-55.25%	-26.38%	-28.87%
Max Drawdown (10Y) Largest decline over 10 years	-55.25%	-34.24%	-21.01%
Current Drawdown Current decline from peak	-47.42%	-2.47%	-44.95%
Average Drawdown Average peak-to-trough decline	-6.98%	-7.00%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.47%	2.24%	+35.23%

Volatility

CNSWF vs. VT - Volatility Comparison

Constellation Software Inc (CNSWF) has a higher volatility of 14.93% compared to Vanguard Total World Stock ETF (VT) at 5.53%. This indicates that CNSWF's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNSWF	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.93%	5.53%	+9.40%
Volatility (6M) Calculated over the trailing 6-month period	34.60%	11.28%	+23.32%
Volatility (1Y) Calculated over the trailing 1-year period	41.90%	13.51%	+28.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.25%	16.19%	+14.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.01%	17.19%	+11.82%

Dividends

CNSWF vs. VT - Dividend Comparison

CNSWF's dividend yield for the trailing twelve months is around 0.15%, less than VT's 1.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CNSWF Constellation Software Inc	0.15%	0.17%	0.13%	0.16%	0.26%	0.22%	0.41%	0.41%	0.63%	0.83%	1.76%	0.96%
VT Vanguard Total World Stock ETF	1.60%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both CNSWF and VT in my portfolio?

CNSWF and VT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CNSWF or VT?

CNSWF has higher volatility (14.93%) compared to VT (5.53%). In terms of maximum drawdown, CNSWF dropped -55.25% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (1.84 vs -1.09), 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.