CVSA vs. CLS
CVSA (Covista Inc.) and CLS (Celestica Inc.) are both stocks. CVSA operates in Education & Training Services (Consumer Defensive), while CLS operates in Electronic Components (Technology). Over the past 10 years, CVSA returned 21.23%/yr vs 44.15%/yr for CLS. At a 0.26 correlation, their price movements are largely independent.
Performance
CVSA vs. CLS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CVSA achieves a 15.28% return, which is significantly lower than CLS's 27.48% return. Over the past 10 years, CVSA has underperformed CLS with an annualized return of 21.23%, while CLS has yielded a comparatively higher 44.15% annualized return.
CVSA
- 1D
- 0.18%
- 1M
- -4.69%
- YTD
- 15.28%
- 6M
- 16.11%
- 1Y
- -4.64%
- 3Y*
- 50.56%
- 5Y*
- 27.16%
- 10Y*
- 21.23%
CLS
- 1D
- 1.15%
- 1M
- 2.58%
- YTD
- 27.48%
- 6M
- 22.81%
- 1Y
- 178.67%
- 3Y*
- 198.00%
- 5Y*
- 117.18%
- 10Y*
- 44.15%
CVSA vs. CLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVSA Covista Inc. | 15.28% | 13.89% | 54.11% | 66.06% | 20.09% | -12.93% | -2.92% | -26.10% | 12.53% | 34.78% |
CLS Celestica Inc. | 27.48% | 220.27% | 215.23% | 159.80% | 1.26% | 37.92% | -2.42% | -5.70% | -16.32% | -11.56% |
Correlation
The correlation between CVSA and CLS is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 1998 | 0.26 |
Over the past year, the correlation between CVSA and CLS has dropped to 0.02 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
CVSA:
$4.15B
CLS:
$43.60B
CVSA:
$6.88
CLS:
$8.28
CVSA:
17.35
CLS:
45.49
CVSA:
0.56
CLS:
0.61
CVSA:
2.27
CLS:
3.16
CVSA:
3.04
CLS:
20.78
CVSA:
$1.91B
CLS:
$13.81B
CVSA:
$1.11B
CLS:
$1.60B
CVSA:
$431.35M
CLS:
$1.32B
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
CVSA vs. CLS — Risk / Return Rank
CVSA
CLS
CVSA vs. CLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Covista Inc. (CVSA) and Celestica Inc. (CLS). 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.
| CVSA | CLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.35 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | 6.15 | -6.26 |
| Martin ratioReturn relative to average drawdown | -0.19 | 14.62 | -14.81 |
Loading charts...
Drawdowns
CVSA vs. CLS - Drawdown Comparison
The maximum CVSA drawdown since its inception was -77.26%, smaller than the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for CVSA and CLS.
Loading charts...
Drawdown Indicators
| CVSA | CLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.26% | -96.93% | +19.67% |
Max Drawdown (1Y)Largest decline over 1 year | -42.14% | -29.24% | -12.90% |
Max Drawdown (3Y)Largest decline over 3 years | -42.14% | -53.96% | +11.82% |
Max Drawdown (5Y)Largest decline over 5 years | -50.23% | -53.96% | +3.73% |
Max Drawdown (10Y)Largest decline over 10 years | -66.06% | -80.60% | +14.54% |
Current DrawdownCurrent decline from peak | -22.77% | -20.23% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -30.66% | -73.28% | +42.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.41% | 12.28% | +12.13% |
Volatility
CVSA vs. CLS - Volatility Comparison
The current volatility for Covista Inc. (CVSA) is 11.64%, while Celestica Inc. (CLS) has a volatility of 26.96%. This indicates that CVSA experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CVSA | CLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.64% | 26.96% | -15.32% |
Volatility (6M)Calculated over the trailing 6-month period | 28.88% | 53.59% | -24.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.51% | 72.82% | -25.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.30% | 57.76% | -15.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.52% | 50.03% | -10.51% |
Dividends
CVSA vs. CLS - Dividend Comparison
Neither CVSA nor CLS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLS Celestica 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% |
CVSA Covista Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.15% | 1.42% |
Financials
CVSA vs. CLS - Financials Comparison
This section allows you to compare key financial metrics between Covista Inc. and Celestica Inc.. 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
CVSA vs. CLS - Profitability Comparison
CVSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported a gross profit of 290.93M and revenue of 487.03M. Therefore, the gross margin over that period was 59.7%.
CLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.
CVSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported an operating income of 92.21M and revenue of 487.03M, resulting in an operating margin of 18.9%.
CLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.
CVSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Covista Inc. reported a net income of 57.98M and revenue of 487.03M, resulting in a net margin of 11.9%.
CLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.
Frequently Asked Questions
CVSA and CLS have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLS has higher volatility (26.96%) compared to CVSA (11.64%). In terms of maximum drawdown, CVSA dropped -77.26% vs CLS's -96.93%.
CLS currently has the higher Sharpe Ratio (2.47 vs -0.10), 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 CVSA and CLS
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