CRM vs. VOO

Last updated Jul 29, 2026

CRM (Salesforce, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, CRM returned 8.48%/yr vs 14.96%/yr for VOO. Their 0.58 correlation means they have sometimes moved together and sometimes differently.

Performance

CRM vs. VOO - Performance Comparison

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

Returns By Period

In the year-to-date period, CRM achieves a -31.14% return, which is significantly lower than VOO's 9.24% return. Over the past 10 years, CRM has underperformed VOO with an annualized return of 8.48%, while VOO has yielded a comparatively higher 14.96% annualized return.

CRM

• 1D: 4.55%
• 1M: 14.61%
• 6M: -20.18%
• YTD: -31.14%
• 1Y: -32.27%
• 3Y*: -6.46%
• 5Y*: -5.43%
• 10Y*: 8.48%
• ALL TIME*: 19.29%

VOO

• 1D: 0.24%
• 1M: 1.60%
• 6M: 7.10%
• YTD: 9.24%
• 1Y: 17.69%
• 3Y*: 19.04%
• 5Y*: 12.53%
• 10Y*: 14.96%
• ALL TIME*: 14.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CRM Salesforce, Inc.	$2.23B	$2.11B	$2.57B
VOO Vanguard S&P 500 ETF	$3.35B	$3.87B	$5.41B

CRM vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRM Salesforce, Inc.	-31.14%	-20.25%	27.76%	98.46%	-47.83%	14.20%	36.82%	18.74%	33.98%	49.33%
VOO Vanguard S&P 500 ETF	9.24%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between CRM and VOO is 0.15, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.15
Correlation (3Y) Balances recent behavior with more history.	0.44
Correlation (5Y) Shows whether the relationship held over a longer period.	0.56
Correlation (10Y) Provides a long-term view across more market conditions.	0.57
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.58

Over the past year, the correlation between CRM and VOO has dropped to 0.15 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

Return for Risk

CRM vs. VOO — Risk / Return Rank

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

CRM

CRM Risk / Return Rank: 13
CRM Sharpe Ratio Rank: 11
CRM Sortino Ratio Rank: 13
CRM Omega Ratio Rank: 15
CRM Calmar Ratio Rank: 16
CRM Martin Ratio Rank: 10

VOO

VOO Risk / Return Rank: 61
VOO Sharpe Ratio Rank: 60
VOO Sortino Ratio Rank: 58
VOO Omega Ratio Rank: 59
VOO Calmar Ratio Rank: 57
VOO Martin Ratio Rank: 70

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.

CRM vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Salesforce, Inc. (CRM) and Vanguard S&P 500 ETF (VOO). 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.

	CRM	VOO	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	1.41	-2.20
Sortino ratio: Return per unit of downside risk	-1.04	1.97	-3.02
Omega ratio: Gain probability vs. loss probability	0.88	1.25	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.75	2.00	-2.74
Martin ratio: Return relative to average drawdown	-1.37	8.58	-9.95

CRM vs. VOO - Sharpe Ratio Comparison

The current CRM Sharpe Ratio is -0.80, which is lower than the VOO Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of CRM and VOO, 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

CRM vs. VOO - Drawdown Comparison

The maximum CRM drawdown since its inception was -70.50%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CRM and VOO.

Drawdown Indicators

	CRM	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-70.50%	-33.99%	-36.51%
Max Drawdown (1Y) Largest decline over 1 year	-43.38%	-8.90%	-34.48%
Max Drawdown (3Y) Largest decline over 3 years	-58.67%	-18.69%	-39.98%
Max Drawdown (5Y) Largest decline over 5 years	-58.67%	-24.52%	-34.15%
Max Drawdown (10Y) Largest decline over 10 years	-58.67%	-33.99%	-24.68%
Current Drawdown Current decline from peak	-50.03%	-2.19%	-47.84%
Average Drawdown Average peak-to-trough decline	-16.36%	-3.67%	-12.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.27%	2.07%	+22.20%

Volatility

CRM vs. VOO - Volatility Comparison

Salesforce, Inc. (CRM) has a higher volatility of 13.69% compared to Vanguard S&P 500 ETF (VOO) at 3.17%. This indicates that CRM's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRM	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.69%	3.17%	+10.52%
Volatility (6M) Calculated over the trailing 6-month period	33.56%	9.83%	+23.73%
Volatility (1Y) Calculated over the trailing 1-year period	40.71%	12.61%	+28.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.69%	16.91%	+20.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.67%	18.01%	+17.66%

Dividends

CRM vs. VOO - Dividend Comparison

CRM's dividend yield for the trailing twelve months is around 0.94%, less than VOO's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRM Salesforce, Inc.	0.94%	0.63%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.08%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both CRM and VOO in my portfolio?

CRM and VOO have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRM or VOO?

CRM has higher volatility (13.69%) compared to VOO (3.17%). In terms of maximum drawdown, CRM dropped -70.50% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.41 vs -0.80), 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.