CVSA vs. IXUS
CVSA (Covista Inc.) is a stock, while IXUS (iShares Core MSCI Total International Stock ETF) is Foreign Large Cap Equities fund tracking the MSCI ACWI ex USA IMI Index (Net). Over the past 10 years, CVSA returned 17.86%/yr vs 9.38%/yr for IXUS. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
CVSA vs. IXUS - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with CVSA having a 11.96% return and IXUS slightly lower at 11.53%. Over the past 10 years, CVSA has outperformed IXUS with an annualized return of 17.86%, while IXUS has yielded a comparatively lower 9.38% annualized return.
CVSA
- 1D
- 0.62%
- 1M
- -6.70%
- 6M
- -4.49%
- YTD
- 11.96%
- 1Y
- 0.63%
- 3Y*
- 38.38%
- 5Y*
- 26.67%
- 10Y*
- 17.86%
- ALL TIME*
- 14.48%
IXUS
- 1D
- -0.19%
- 1M
- -1.75%
- 6M
- 5.78%
- YTD
- 11.53%
- 1Y
- 21.86%
- 3Y*
- 16.72%
- 5Y*
- 8.41%
- 10Y*
- 9.38%
- ALL TIME*
- 7.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
CVSA Covista Inc. | $44.54M | $47.91M | $41.08M |
| $117.94M | $164.49M | $177.55M |
CVSA vs. IXUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CVSA Covista Inc. | 11.96% | 13.89% | 54.11% | 66.06% | 20.09% | -12.93% | -2.92% | -26.10% | 12.53% | 34.78% |
IXUS iShares Core MSCI Total International Stock ETF | 11.53% | 32.40% | 5.19% | 15.83% | -16.47% | 8.86% | 10.80% | 21.71% | -14.41% | 28.12% |
Correlation
The correlation between CVSA and IXUS is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2012 | 0.34 |
Over the past year, the correlation between CVSA and IXUS has dropped to 0.08 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
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Return for Risk
CVSA vs. IXUS — Risk / Return Rank
CVSA
IXUS
CVSA vs. IXUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Covista Inc. (CVSA) and iShares Core MSCI Total International Stock ETF (IXUS). 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 | IXUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.24 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.03 | 1.92 | -1.89 |
| Martin ratioReturn relative to average drawdown | 0.05 | 7.13 | -7.08 |
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Drawdowns
CVSA vs. IXUS - Drawdown Comparison
The maximum CVSA drawdown since its inception was -77.26%, which is greater than IXUS's maximum drawdown of -36.22%. Use the drawdown chart below to compare losses from any high point for CVSA and IXUS.
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Drawdown Indicators
| CVSA | IXUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.26% | -36.22% | -41.04% |
Max Drawdown (1Y)Largest decline over 1 year | -42.14% | -11.36% | -30.78% |
Max Drawdown (3Y)Largest decline over 3 years | -42.14% | -13.75% | -28.39% |
Max Drawdown (5Y)Largest decline over 5 years | -50.23% | -30.03% | -20.20% |
Max Drawdown (10Y)Largest decline over 10 years | -66.06% | -36.22% | -29.84% |
Current DrawdownCurrent decline from peak | -25.00% | -4.12% | -20.88% |
Average DrawdownAverage peak-to-trough decline | -30.63% | -7.45% | -23.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.99% | 3.06% | +21.93% |
Volatility
CVSA vs. IXUS - Volatility Comparison
Covista Inc. (CVSA) has a higher volatility of 16.75% compared to iShares Core MSCI Total International Stock ETF (IXUS) at 4.62%. This indicates that CVSA's price experiences larger fluctuations and is considered to be riskier than IXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CVSA | IXUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.75% | 4.62% | +12.13% |
Volatility (6M)Calculated over the trailing 6-month period | 32.38% | 15.04% | +17.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.57% | 16.88% | +32.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.54% | 16.48% | +26.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.61% | 16.94% | +22.67% |
Dividends
CVSA vs. IXUS - Dividend Comparison
CVSA has not paid dividends to shareholders, while IXUS's dividend yield for the trailing twelve months is around 3.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IXUS iShares Core MSCI Total International Stock ETF | 3.01% | 3.24% | 3.33% | 3.13% | 2.48% | 3.12% | 1.85% | 3.09% | 3.00% | 2.41% | 2.58% | 2.81% |
Frequently Asked Questions
CVSA and IXUS have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVSA has higher volatility (16.75%) compared to IXUS (4.62%). In terms of maximum drawdown, CVSA dropped -77.26% vs IXUS's -36.22%.
IXUS currently has the higher Sharpe Ratio (1.29 vs 0.03), 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.
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