CXW vs. IRM
CXW (CoreCivic, Inc.) and IRM (Iron Mountain Incorporated) are both stocks. Both operate in the REIT - Specialty industry within the Real Estate sector. Over the past 10 years, CXW returned 2.05%/yr vs 19.80%/yr for IRM. At a 0.26 correlation, their price movements are largely independent.
Performance
CXW vs. IRM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CXW achieves a 55.57% return, which is significantly lower than IRM's 62.82% return. Over the past 10 years, CXW has underperformed IRM with an annualized return of 2.05%, while IRM has yielded a comparatively higher 19.80% annualized return.
CXW
- 1D
- 0.27%
- 1M
- 38.28%
- YTD
- 55.57%
- 6M
- 56.56%
- 1Y
- 45.10%
- 3Y*
- 46.53%
- 5Y*
- 20.61%
- 10Y*
- 2.05%
IRM
- 1D
- 0.91%
- 1M
- 5.94%
- YTD
- 62.82%
- 6M
- 67.16%
- 1Y
- 33.52%
- 3Y*
- 39.60%
- 5Y*
- 30.12%
- 10Y*
- 19.80%
CXW vs. IRM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CXW CoreCivic, Inc. | 55.57% | -12.10% | 49.62% | 25.69% | 15.95% | 52.21% | -59.85% | 4.44% | -13.99% | -1.98% |
IRM Iron Mountain Incorporated | 62.82% | -18.24% | 54.48% | 46.52% | -0.08% | 87.74% | 0.98% | 5.87% | -7.97% | 23.56% |
Correlation
The correlation between CXW and IRM is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 1997 | 0.26 |
The correlation between CXW and IRM shifts across timeframes, from 0.14 (1 year) to 0.29 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CXW:
$1.60
IRM:
$0.91
CXW:
18.53
IRM:
145.44
CXW:
1.02
IRM:
5.47
CXW:
$2.34B
IRM:
$7.25B
CXW:
$404.76M
IRM:
$2.94B
CXW:
$309.65M
IRM:
$2.40B
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
CXW vs. IRM — Risk / Return Rank
CXW
IRM
CXW vs. IRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreCivic, Inc. (CXW) and Iron Mountain Incorporated (IRM). 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.
| CXW | IRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 1.34 | +0.26 |
| Martin ratioReturn relative to average drawdown | 3.24 | 3.21 | +0.03 |
Loading charts...
Drawdowns
CXW vs. IRM - Drawdown Comparison
The maximum CXW drawdown since its inception was -98.54%, which is greater than IRM's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for CXW and IRM.
Loading charts...
Drawdown Indicators
| CXW | IRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.54% | -55.71% | -42.83% |
Max Drawdown (1Y)Largest decline over 1 year | -28.41% | -25.15% | -3.26% |
Max Drawdown (3Y)Largest decline over 3 years | -32.62% | -39.03% | +6.41% |
Max Drawdown (5Y)Largest decline over 5 years | -39.68% | -39.03% | -0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -77.93% | -39.03% | -38.90% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -56.64% | -13.15% | -43.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.95% | 10.48% | +3.47% |
Volatility
CXW vs. IRM - Volatility Comparison
CoreCivic, Inc. (CXW) has a higher volatility of 10.17% compared to Iron Mountain Incorporated (IRM) at 8.43%. This indicates that CXW's price experiences larger fluctuations and is considered to be riskier than IRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CXW | IRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.17% | 8.43% | +1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 29.82% | 23.41% | +6.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.96% | 32.25% | +5.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.40% | 29.67% | +13.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.35% | 29.68% | +19.67% |
Dividends
CXW vs. IRM - Dividend Comparison
CXW has not paid dividends to shareholders, while IRM's dividend yield for the trailing twelve months is around 2.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CXW CoreCivic, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.44% | 7.59% | 9.65% | 7.47% | 8.34% | 8.15% |
IRM Iron Mountain Incorporated | 2.54% | 3.88% | 2.60% | 3.63% | 4.96% | 4.73% | 8.39% | 7.69% | 7.32% | 5.93% | 6.17% | 7.07% |
Financials
CXW vs. IRM - Financials Comparison
This section allows you to compare key financial metrics between CoreCivic, Inc. and Iron Mountain Incorporated. 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
CXW vs. IRM - Profitability Comparison
CXW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CoreCivic, Inc. reported a gross profit of 0.00 and revenue of 614.73M. Therefore, the gross margin over that period was 0.0%.
IRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Iron Mountain Incorporated reported a gross profit of 0.00 and revenue of 1.94B. Therefore, the gross margin over that period was 0.0%.
CXW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CoreCivic, Inc. reported an operating income of 0.00 and revenue of 614.73M, resulting in an operating margin of 0.0%.
IRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Iron Mountain Incorporated reported an operating income of 395.23M and revenue of 1.94B, resulting in an operating margin of 20.4%.
CXW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CoreCivic, Inc. reported a net income of 37.92M and revenue of 614.73M, resulting in a net margin of 6.2%.
IRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Iron Mountain Incorporated reported a net income of 143.67M and revenue of 1.94B, resulting in a net margin of 7.4%.
Frequently Asked Questions
CXW and IRM have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CXW has higher volatility (10.17%) compared to IRM (8.43%). In terms of maximum drawdown, CXW dropped -98.54% vs IRM's -55.71%.
CXW currently has the higher Sharpe Ratio (1.19 vs 1.05), 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 CXW and IRM
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