CVLT vs. RBRK

Last updated Jun 25, 2026

CVLT (Commvault Systems, Inc.) and RBRK (Rubrik, Inc.) are both stocks. Both are in the Technology sector — CVLT in Software - Application, RBRK in Software - Infrastructure. Over the past year, CVLT returned -23.31% vs -17.29% for RBRK. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

CVLT vs. RBRK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Commvault Systems, Inc. (CVLT) and Rubrik, Inc. (RBRK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVLT achieves a 4.31% return, which is significantly higher than RBRK's -2.56% return.

CVLT

• 1D: 4.42%
• 1M: 21.92%
• YTD: 4.31%
• 6M: 2.81%
• 1Y: -23.31%
• 3Y*: 22.38%
• 5Y*: 9.88%
• 10Y*: 11.78%

RBRK

• 1D: 0.38%
• 1M: 11.91%
• YTD: -2.56%
• 6M: -5.43%
• 1Y: -17.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CVLT vs. RBRK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CVLT Commvault Systems, Inc.	4.31%	-16.93%	55.85%
RBRK Rubrik, Inc.	-2.56%	17.01%	69.33%

Correlation

The correlation between CVLT and RBRK 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 (All Time) Calculated using the full available price history since Apr 25, 2024	0.53

The correlation between CVLT and RBRK has been stable across timeframes, ranging from 0.53 to 0.57 - a consistent structural relationship.

Fundamentals

Market Cap CVLT : $5.66B RBRK : $15.18B
EPS CVLT : $1.58 RBRK : -$1.45
PS Ratio CVLT : 4.93 RBRK : 10.37
Total Revenue (TTM) CVLT : $1.18B RBRK : $1.42B
Gross Profit (TTM) CVLT : $960.57M RBRK : $1.15B
EBITDA (TTM) CVLT : $98.68M RBRK : -$275.30M

Return for Risk

CVLT vs. RBRK — Risk / Return Rank

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

CVLT

CVLT Risk / Return Rank: 28
CVLT Sharpe Ratio Rank: 25
CVLT Sortino Ratio Rank: 27
CVLT Omega Ratio Rank: 26
CVLT Calmar Ratio Rank: 30
CVLT Martin Ratio Rank: 32

RBRK

RBRK Risk / Return Rank: 33
RBRK Sharpe Ratio Rank: 31
RBRK Sortino Ratio Rank: 33
RBRK Omega Ratio Rank: 33
RBRK Calmar Ratio Rank: 33
RBRK Martin Ratio Rank: 33

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.

CVLT vs. RBRK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Commvault Systems, Inc. (CVLT) and Rubrik, Inc. (RBRK). 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.

	CVLT	RBRK	Difference
Sharpe ratio: Return per unit of total volatility	-0.42	-0.28	-0.14
Sortino ratio: Return per unit of downside risk	-0.22	0.01	-0.22
Omega ratio: Gain probability vs. loss probability	0.97	1.00	-0.04
Calmar ratio: Return relative to maximum drawdown	-0.38	-0.31	-0.07
Martin ratio: Return relative to average drawdown	-0.62	-0.56	-0.06

CVLT vs. RBRK - Sharpe Ratio Comparison

The current CVLT Sharpe Ratio is -0.42, which is lower than the RBRK Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of CVLT and RBRK, 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

CVLT vs. RBRK - Drawdown Comparison

The maximum CVLT drawdown since its inception was -68.89%, which is greater than RBRK's maximum drawdown of -56.08%. Use the drawdown chart below to compare losses from any high point for CVLT and RBRK.

Drawdown Indicators

	CVLT	RBRK	Difference
Max Drawdown Largest peak-to-trough decline	-68.89%	-56.08%	-12.81%
Max Drawdown (1Y) Largest decline over 1 year	-61.53%	-55.52%	-6.01%
Max Drawdown (3Y) Largest decline over 3 years	-61.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-61.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-61.53%	—	—
Current Drawdown Current decline from peak	-33.08%	-25.29%	-7.79%
Average Drawdown Average peak-to-trough decline	-26.92%	-19.02%	-7.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.50%	30.74%	+6.76%

Volatility

CVLT vs. RBRK - Volatility Comparison

The current volatility for Commvault Systems, Inc. (CVLT) is 11.01%, while Rubrik, Inc. (RBRK) has a volatility of 19.53%. This indicates that CVLT experiences smaller price fluctuations and is considered to be less risky than RBRK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVLT	RBRK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.01%	19.53%	-8.52%
Volatility (6M) Calculated over the trailing 6-month period	48.78%	43.71%	+5.07%
Volatility (1Y) Calculated over the trailing 1-year period	56.32%	62.54%	-6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.43%	63.87%	-21.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.72%	63.87%	-26.15%

Dividends

CVLT vs. RBRK - Dividend Comparison

Neither CVLT nor RBRK has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

CVLT vs. RBRK - Profitability Comparison

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

CVLT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Commvault Systems, Inc. reported a gross profit of 253.69M and revenue of 311.69M. Therefore, the gross margin over that period was 81.4%.

RBRK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rubrik, Inc. reported a gross profit of 311.78M and revenue of 387.07M. Therefore, the gross margin over that period was 80.6%.

CVLT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Commvault Systems, Inc. reported an operating income of 16.64M and revenue of 311.69M, resulting in an operating margin of 5.3%.

RBRK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rubrik, Inc. reported an operating income of -52.63M and revenue of 387.07M, resulting in an operating margin of -13.6%.

CVLT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Commvault Systems, Inc. reported a net income of 14.65M and revenue of 311.69M, resulting in a net margin of 4.7%.

RBRK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rubrik, Inc. reported a net income of -41.85M and revenue of 387.07M, resulting in a net margin of -10.8%.

Frequently Asked Questions

Can I hold both CVLT and RBRK in my portfolio?

CVLT and RBRK 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, CVLT or RBRK?

RBRK has higher volatility (19.53%) compared to CVLT (11.01%). In terms of maximum drawdown, CVLT dropped -68.89% vs RBRK's -56.08%.

Which has better risk-adjusted returns?

RBRK currently has the higher Sharpe Ratio (-0.28 vs -0.42), 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.