CVLT vs. ^GSPC
Compare and contrast key facts about Commvault Systems, Inc. (CVLT) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVLT or ^GSPC.
Correlation
The correlation between CVLT and ^GSPC is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CVLT vs. ^GSPC - Performance Comparison
Key characteristics
CVLT:
0.78
^GSPC:
-0.17
CVLT:
1.55
^GSPC:
-0.11
CVLT:
1.21
^GSPC:
0.98
CVLT:
1.53
^GSPC:
-0.15
CVLT:
5.16
^GSPC:
-0.79
CVLT:
7.68%
^GSPC:
3.36%
CVLT:
50.93%
^GSPC:
15.95%
CVLT:
-68.89%
^GSPC:
-56.78%
CVLT:
-25.84%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, CVLT achieves a -7.66% return, which is significantly higher than ^GSPC's -13.73% return. Over the past 10 years, CVLT has outperformed ^GSPC with an annualized return of 12.21%, while ^GSPC has yielded a comparatively lower 9.37% annualized return.
CVLT
-7.66%
-17.01%
-9.03%
39.90%
29.57%
12.21%
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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Risk-Adjusted Performance
CVLT vs. ^GSPC — Risk-Adjusted Performance Rank
CVLT
^GSPC
CVLT vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Commvault Systems, Inc. (CVLT) and S&P 500 (^GSPC). 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.
Drawdowns
CVLT vs. ^GSPC - Drawdown Comparison
The maximum CVLT drawdown since its inception was -68.89%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CVLT and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
CVLT vs. ^GSPC - Volatility Comparison
Commvault Systems, Inc. (CVLT) has a higher volatility of 18.66% compared to S&P 500 (^GSPC) at 9.30%. This indicates that CVLT's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.