CVLT vs. VOO

Last updated Aug 1, 2026

CVLT (Commvault Systems, 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, CVLT returned 8.89%/yr vs 15.14%/yr for VOO. Their 0.55 correlation means they have sometimes moved together and sometimes differently.

Performance

CVLT vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Commvault Systems, Inc. (CVLT) 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, CVLT achieves a -6.03% return, which is significantly lower than VOO's 10.16% return. Over the past 10 years, CVLT has underperformed VOO with an annualized return of 8.89%, while VOO has yielded a comparatively higher 15.14% annualized return.

CVLT

• 1D: 1.19%
• 1M: -21.46%
• 6M: 37.46%
• YTD: -6.03%
• 1Y: -34.46%
• 3Y*: 17.08%
• 5Y*: 9.28%
• 10Y*: 8.89%
• ALL TIME*: 10.58%

VOO

• 1D: 0.71%
• 1M: 0.26%
• 6M: 8.58%
• YTD: 10.16%
• 1Y: 21.58%
• 3Y*: 19.42%
• 5Y*: 12.83%
• 10Y*: 15.14%
• ALL TIME*: 14.78%

*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)
CVLT Commvault Systems, Inc.	$105.66M	$102.01M	$99.02M
VOO Vanguard S&P 500 ETF	$3.82B	$3.78B	$5.44B

CVLT vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVLT Commvault Systems, Inc.	-6.03%	-16.93%	88.99%	27.07%	-8.82%	24.47%	24.04%	-24.45%	12.55%	2.14%
VOO Vanguard S&P 500 ETF	10.16%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between CVLT and VOO is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (3Y) Balances recent behavior with more history.	0.50
Correlation (5Y) Shows whether the relationship held over a longer period.	0.56
Correlation (10Y) Provides a long-term view across more market conditions.	0.54
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.55

The correlation between CVLT and VOO shifts across timeframes, from 0.36 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CVLT vs. VOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CVLT

CVLT Risk / Return Rank: 19
CVLT Sharpe Ratio Rank: 15
CVLT Sortino Ratio Rank: 20
CVLT Omega Ratio Rank: 16
CVLT Calmar Ratio Rank: 21
CVLT Martin Ratio Rank: 23

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 68
VOO Sortino Ratio Rank: 65
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 64
VOO Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CVLT vs. VOO - Risk-Adjusted Trends Comparison

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

	CVLT	VOO	Difference
Sharpe ratio: Return per unit of total volatility	-0.66	1.53	-2.20
Sortino ratio: Return per unit of downside risk	-0.61	2.13	-2.74
Omega ratio: Gain probability vs. loss probability	0.90	1.28	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.62	2.21	-2.83
Martin ratio: Return relative to average drawdown	-0.99	9.44	-10.42

CVLT vs. VOO - Sharpe Ratio Comparison

The current CVLT Sharpe Ratio is -0.66, which is lower than the VOO Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of CVLT 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

CVLT vs. VOO - Drawdown Comparison

The maximum CVLT drawdown since its inception was -68.89%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for CVLT and VOO.

Drawdown Indicators

	CVLT	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-68.89%	-33.99%	-34.90%
Max Drawdown (1Y) Largest decline over 1 year	-61.53%	-8.90%	-52.63%
Max Drawdown (3Y) Largest decline over 3 years	-61.53%	-18.69%	-42.84%
Max Drawdown (5Y) Largest decline over 5 years	-61.53%	-24.52%	-37.01%
Max Drawdown (10Y) Largest decline over 10 years	-61.53%	-33.99%	-27.54%
Current Drawdown Current decline from peak	-39.72%	-1.38%	-38.34%
Average Drawdown Average peak-to-trough decline	-26.93%	-3.67%	-23.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.53%	2.08%	+36.45%

Volatility

CVLT vs. VOO - Volatility Comparison

Commvault Systems, Inc. (CVLT) has a higher volatility of 24.40% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that CVLT'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

	CVLT	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.40%	3.54%	+20.86%
Volatility (6M) Calculated over the trailing 6-month period	38.92%	10.10%	+28.82%
Volatility (1Y) Calculated over the trailing 1-year period	57.67%	12.82%	+44.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.41%	16.93%	+26.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.36%	18.01%	+20.35%

Dividends

CVLT vs. VOO - Dividend Comparison

CVLT has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CVLT Commvault Systems, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.07%	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 CVLT and VOO in my portfolio?

CVLT and VOO have a correlation of 0.36, 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 VOO?

CVLT has higher volatility (24.40%) compared to VOO (3.54%). In terms of maximum drawdown, CVLT dropped -68.89% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.53 vs -0.66), 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.