CVS vs. DIS
CVS (CVS Health Corporation) and DIS (The Walt Disney Company) are both stocks. CVS operates in Healthcare Plans (Healthcare), while DIS operates in Entertainment (Communication Services). Over the past 10 years, CVS returned 3.04%/yr vs 0.96%/yr for DIS. At a 0.30 correlation, their price movements are largely independent.
Performance
CVS vs. DIS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CVS achieves a 22.94% return, which is significantly higher than DIS's -12.36% return. Over the past 10 years, CVS has outperformed DIS with an annualized return of 3.04%, while DIS has yielded a comparatively lower 0.96% annualized return.
CVS
- 1D
- 1.17%
- 1M
- 10.44%
- YTD
- 22.94%
- 6M
- 29.01%
- 1Y
- 57.64%
- 3Y*
- 15.19%
- 5Y*
- 5.54%
- 10Y*
- 3.04%
DIS
- 1D
- 0.37%
- 1M
- -7.73%
- YTD
- -12.36%
- 6M
- -4.67%
- 1Y
- -10.41%
- 3Y*
- 3.46%
- 5Y*
- -10.45%
- 10Y*
- 0.96%
CVS vs. DIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 22.94% | 84.35% | -40.77% | -12.53% | -7.63% | 54.87% | -5.14% | 17.26% | -7.04% | -5.75% |
DIS The Walt Disney Company | -12.36% | 3.30% | 24.44% | 4.26% | -43.91% | -14.51% | 25.27% | 33.51% | 3.61% | 4.76% |
Correlation
The correlation between CVS and DIS is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 1984 | 0.30 |
Over the past year, the correlation between CVS and DIS has dropped to 0.09 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
CVS:
$122.69B
DIS:
$176.69B
CVS:
$2.30
DIS:
$6.25
CVS:
41.67
DIS:
15.95
CVS:
0.30
DIS:
1.84
CVS:
1.58
DIS:
1.63
CVS:
$407.91B
DIS:
$97.26B
CVS:
$56.59B
DIS:
$36.14B
CVS:
$9.99B
DIS:
$20.74B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CVS vs. DIS — Risk / Return Rank
CVS
DIS
CVS vs. DIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CVS Health Corporation (CVS) and The Walt Disney Company (DIS). 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.
| CVS | DIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.30 | ||
| Sortino ratioReturn per unit of downside risk | +2.74 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.94 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | -0.42 | +3.94 |
| Martin ratioReturn relative to average drawdown | 9.07 | -0.86 | +9.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CVS | DIS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.87 | -0.43 | +2.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | -0.36 | +0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.03 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.34 | 0.00 |
Drawdowns
CVS vs. DIS - Drawdown Comparison
The maximum CVS drawdown since its inception was -64.07%, smaller than the maximum DIS drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for CVS and DIS.
Loading charts...
Drawdown Indicators
| CVS | DIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.07% | -85.66% | +21.59% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -24.97% | +8.53% |
Max Drawdown (3Y)Largest decline over 3 years | -43.98% | -32.86% | -11.12% |
Max Drawdown (5Y)Largest decline over 5 years | -56.79% | -57.33% | +0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -56.79% | -60.72% | +3.93% |
Current DrawdownCurrent decline from peak | -2.22% | -49.45% | +47.23% |
Average DrawdownAverage peak-to-trough decline | -19.55% | -26.77% | +7.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.37% | 12.17% | -5.80% |
Volatility
CVS vs. DIS - Volatility Comparison
CVS Health Corporation (CVS) has a higher volatility of 8.85% compared to The Walt Disney Company (DIS) at 6.18%. This indicates that CVS's price experiences larger fluctuations and is considered to be riskier than DIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CVS | DIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.85% | 6.18% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 25.97% | 19.36% | +6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.01% | 24.32% | +6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.95% | 29.31% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.30% | 28.76% | +0.54% |
Dividends
CVS vs. DIS - Dividend Comparison
CVS's dividend yield for the trailing twelve months is around 2.77%, more than DIS's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 2.77% | 3.35% | 5.93% | 3.06% | 2.36% | 1.94% | 2.93% | 2.69% | 3.05% | 2.76% | 2.15% | 1.43% |
DIS The Walt Disney Company | 1.25% | 1.10% | 0.85% | 0.33% | 0.00% | 0.00% | 0.00% | 1.22% | 1.57% | 1.51% | 1.43% | 1.30% |
Financials
CVS vs. DIS - Financials Comparison
This section allows you to compare key financial metrics between CVS Health Corporation and The Walt Disney Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CVS vs. DIS - Profitability Comparison
CVS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CVS Health Corporation reported a gross profit of 15.62B and revenue of 100.43B. Therefore, the gross margin over that period was 15.6%.
DIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Walt Disney Company reported a gross profit of 9.27B and revenue of 25.17B. Therefore, the gross margin over that period was 36.8%.
CVS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CVS Health Corporation reported an operating income of 4.68B and revenue of 100.43B, resulting in an operating margin of 4.7%.
DIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Walt Disney Company reported an operating income of 4.96B and revenue of 25.17B, resulting in an operating margin of 19.7%.
CVS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CVS Health Corporation reported a net income of 2.94B and revenue of 100.43B, resulting in a net margin of 2.9%.
DIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Walt Disney Company reported a net income of 2.25B and revenue of 25.17B, resulting in a net margin of 8.9%.
Frequently Asked Questions
CVS and DIS have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVS has higher volatility (8.85%) compared to DIS (6.18%). In terms of maximum drawdown, CVS dropped -64.07% vs DIS's -85.66%.
CVS currently has the higher Sharpe Ratio (1.87 vs -0.43), 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.
Find the right allocation for CVS and DIS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer