CVCO vs. OSIS

Last updated Jun 3, 2026

CVCO (Cavco Industries, Inc.) and OSIS (OSI Systems, Inc.) are both stocks. CVCO operates in Residential Construction (Consumer Cyclical), while OSIS operates in Electronic Components (Technology). Over the past 10 years, CVCO returned 18.75%/yr vs 15.02%/yr for OSIS. At a 0.35 correlation, their price movements are largely independent.

Performance

CVCO vs. OSIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cavco Industries, Inc. (CVCO) and OSI Systems, Inc. (OSIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVCO achieves a -7.59% return, which is significantly higher than OSIS's -16.88% return. Over the past 10 years, CVCO has outperformed OSIS with an annualized return of 18.75%, while OSIS has yielded a comparatively lower 15.02% annualized return.

CVCO

• 1D: 2.06%
• 1M: 6.90%
• YTD: -7.59%
• 6M: -6.72%
• 1Y: 28.91%
• 3Y*: 26.30%
• 5Y*: 19.73%
• 10Y*: 18.75%

OSIS

• 1D: -0.64%
• 1M: -24.95%
• YTD: -16.88%
• 6M: -20.35%
• 1Y: -2.52%
• 3Y*: 20.39%
• 5Y*: 16.90%
• 10Y*: 15.02%

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

CVCO vs. OSIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVCO Cavco Industries, Inc.	-7.59%	32.38%	28.74%	53.20%	-28.77%	81.05%	-10.20%	49.85%	-14.56%	52.83%
OSIS OSI Systems, Inc.	-16.88%	52.34%	29.74%	62.29%	-14.68%	-0.02%	-7.46%	37.44%	13.86%	-15.42%

Correlation

The correlation between CVCO and OSIS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jul 2, 2003	0.35

Fundamentals

Market Cap CVCO : $4.28B OSIS : $3.69B
EPS CVCO : $23.93 OSIS : $8.73
PE Ratio CVCO : 22.82 OSIS : 24.29
PEG Ratio CVCO : 3.93 OSIS : 0.98
PS Ratio CVCO : 1.94 OSIS : 2.05
PB Ratio CVCO : 3.88 OSIS : 4.13
Total Revenue (TTM) CVCO : $2.24B OSIS : $1.81B
Gross Profit (TTM) CVCO : $526.89M OSIS : $593.38M
EBITDA (TTM) CVCO : $248.96M OSIS : $184.81M

Return for Risk

CVCO vs. OSIS — Risk / Return Rank

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

CVCO

CVCO Risk / Return Rank: 57
CVCO Sharpe Ratio Rank: 61
CVCO Sortino Ratio Rank: 55
CVCO Omega Ratio Rank: 58
CVCO Calmar Ratio Rank: 56
CVCO Martin Ratio Rank: 56

OSIS

OSIS Risk / Return Rank: 36
OSIS Sharpe Ratio Rank: 37
OSIS Sortino Ratio Rank: 35
OSIS Omega Ratio Rank: 35
OSIS Calmar Ratio Rank: 37
OSIS Martin Ratio Rank: 34

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.

CVCO vs. OSIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cavco Industries, Inc. (CVCO) and OSI Systems, Inc. (OSIS). 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.

	CVCO	OSIS	Difference
Sharpe ratio Return per unit of total volatility	0.63	-0.06	+0.69
Sortino ratio Return per unit of downside risk	1.06	0.22	+0.83
Omega ratio Gain probability vs. loss probability	1.16	1.03	+0.13
Calmar ratio Return relative to maximum drawdown	0.75	-0.10	+0.84
Martin ratio Return relative to average drawdown	1.62	-0.32	+1.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVCO vs. OSIS - Sharpe Ratio Comparison

The current CVCO Sharpe Ratio is 0.63, which is higher than the OSIS Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of CVCO and OSIS, 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

	CVCO	OSIS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	-0.06	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.51	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.45	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.16	+0.29

Drawdowns

CVCO vs. OSIS - Drawdown Comparison

The maximum CVCO drawdown since its inception was -60.85%, smaller than the maximum OSIS drawdown of -88.44%. Use the drawdown chart below to compare losses from any high point for CVCO and OSIS.

Drawdown Indicators

	CVCO	OSIS	Difference
Max Drawdown Largest peak-to-trough decline	-60.85%	-88.44%	+27.59%
Max Drawdown (1Y) Largest decline over 1 year	-34.68%	-33.67%	-1.01%
Max Drawdown (3Y) Largest decline over 3 years	-34.68%	-33.67%	-1.01%
Max Drawdown (5Y) Largest decline over 5 years	-43.23%	-33.67%	-9.56%
Max Drawdown (10Y) Largest decline over 10 years	-57.89%	-53.64%	-4.25%
Current Drawdown Current decline from peak	-21.76%	-31.54%	+9.78%
Average Drawdown Average peak-to-trough decline	-16.70%	-25.68%	+8.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.03%	10.19%	+5.84%

Volatility

CVCO vs. OSIS - Volatility Comparison

The current volatility for Cavco Industries, Inc. (CVCO) is 14.05%, while OSI Systems, Inc. (OSIS) has a volatility of 21.53%. This indicates that CVCO experiences smaller price fluctuations and is considered to be less risky than OSIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVCO	OSIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.05%	21.53%	-7.48%
Volatility (6M) Calculated over the trailing 6-month period	36.51%	33.42%	+3.09%
Volatility (1Y) Calculated over the trailing 1-year period	46.23%	43.29%	+2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.84%	33.18%	+7.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.65%	33.65%	+10.00%

Dividends

CVCO vs. OSIS - Dividend Comparison

Neither CVCO nor OSIS has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CVCO vs. OSIS - Profitability Comparison

The chart below illustrates the profitability comparison between Cavco Industries, Inc. and OSI Systems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CVCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cavco Industries, Inc. reported a gross profit of 127.05M and revenue of 550.13M. Therefore, the gross margin over that period was 23.1%.

OSIS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, OSI Systems, Inc. reported a gross profit of 150.32M and revenue of 453.25M. Therefore, the gross margin over that period was 33.2%.

CVCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cavco Industries, Inc. reported an operating income of 51.47M and revenue of 550.13M, resulting in an operating margin of 9.4%.

OSIS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, OSI Systems, Inc. reported an operating income of 53.21M and revenue of 453.25M, resulting in an operating margin of 11.7%.

CVCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cavco Industries, Inc. reported a net income of 42.46M and revenue of 550.13M, resulting in a net margin of 7.7%.

OSIS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, OSI Systems, Inc. reported a net income of 40.22M and revenue of 453.25M, resulting in a net margin of 8.9%.

Frequently Asked Questions

Can I hold both CVCO and OSIS in my portfolio?

CVCO and OSIS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CVCO or OSIS?

OSIS has higher volatility (21.53%) compared to CVCO (14.05%). In terms of maximum drawdown, CVCO dropped -60.85% vs OSIS's -88.44%.

Which has better risk-adjusted returns?

CVCO currently has the higher Sharpe Ratio (0.63 vs -0.06), 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.