CZR vs. LVS
CZR (Caesars Entertainment, Inc.) and LVS (Las Vegas Sands Corp.) are both stocks. Both operate in the Resorts & Casinos industry within the Consumer Cyclical sector. Over the past 10 years, CZR returned 7.47%/yr vs 2.28%/yr for LVS. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
CZR vs. LVS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CZR achieves a 27.19% return, which is significantly higher than LVS's -24.06% return. Over the past 10 years, CZR has outperformed LVS with an annualized return of 7.47%, while LVS has yielded a comparatively lower 2.28% annualized return.
CZR
- 1D
- 0.47%
- 1M
- -2.11%
- 6M
- 43.72%
- YTD
- 27.19%
- 1Y
- 15.85%
- 3Y*
- -19.85%
- 5Y*
- -19.38%
- 10Y*
- 7.47%
- ALL TIME*
- 16.74%
LVS
- 1D
- -1.97%
- 1M
- 4.04%
- 6M
- -6.26%
- YTD
- -24.06%
- 1Y
- -4.57%
- 3Y*
- -4.39%
- 5Y*
- 4.10%
- 10Y*
- 2.28%
- ALL TIME*
- 2.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $92.73M | $106.89M | $189.59M | |
| $309.11M | $241.94M | $234.03M |
CZR vs. LVS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CZR Caesars Entertainment, Inc. | 27.19% | -30.01% | -28.71% | 12.69% | -55.52% | 25.93% | 24.53% | 64.71% | 9.23% | 95.58% |
LVS Las Vegas Sands Corp. | -24.06% | 29.45% | 6.21% | 3.15% | 27.71% | -36.85% | -11.95% | 39.54% | -21.62% | 36.16% |
Correlation
The correlation between CZR and LVS is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.48 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2014 | 0.43 |
Over the past year, the correlation between CZR and LVS has dropped to 0.20 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
Fundamentals
CZR:
$6.06B
LVS:
$31.67B
CZR:
-$2.27
LVS:
$2.01
CZR:
0.52
LVS:
2.40
CZR:
1.71
LVS:
55.79
CZR:
$11.65B
LVS:
$13.72B
CZR:
$3.59B
LVS:
$5.32B
CZR:
$2.12B
LVS:
$3.75B
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
CZR vs. LVS — Risk / Return Rank
CZR
LVS
CZR vs. LVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Caesars Entertainment, Inc. (CZR) and Las Vegas Sands Corp. (LVS). 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.
| CZR | LVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.01 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | -0.14 | +0.47 |
| Martin ratioReturn relative to average drawdown | 0.83 | -0.26 | +1.09 |
Loading charts...
Drawdowns
CZR vs. LVS - Drawdown Comparison
The maximum CZR drawdown since its inception was -89.78%, smaller than the maximum LVS drawdown of -99.02%. Use the drawdown chart below to compare losses from any high point for CZR and LVS.
Loading charts...
Drawdown Indicators
| CZR | LVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.78% | -99.02% | +9.24% |
Max Drawdown (1Y)Largest decline over 1 year | -34.91% | -34.85% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -67.95% | -45.73% | -22.22% |
Max Drawdown (5Y)Largest decline over 5 years | -84.82% | -51.18% | -33.64% |
Max Drawdown (10Y)Largest decline over 10 years | -89.78% | -58.77% | -31.01% |
Current DrawdownCurrent decline from peak | -75.10% | -46.30% | -28.80% |
Average DrawdownAverage peak-to-trough decline | -32.42% | -49.93% | +17.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.01% | 18.55% | -4.54% |
Volatility
CZR vs. LVS - Volatility Comparison
The current volatility for Caesars Entertainment, Inc. (CZR) is 2.90%, while Las Vegas Sands Corp. (LVS) has a volatility of 7.06%. This indicates that CZR experiences smaller price fluctuations and is considered to be less risky than LVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CZR | LVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.90% | 7.06% | -4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 33.38% | 20.77% | +12.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.39% | 34.54% | +14.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.20% | 40.63% | +11.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.84% | 38.75% | +22.09% |
Dividends
CZR vs. LVS - Dividend Comparison
CZR has not paid dividends to shareholders, while LVS's dividend yield for the trailing twelve months is around 2.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CZR Caesars Entertainment, 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% |
LVS Las Vegas Sands Corp. | 2.25% | 1.54% | 1.56% | 0.81% | 0.00% | 0.00% | 1.33% | 4.46% | 5.76% | 4.20% | 5.39% | 5.93% |
Financials
CZR vs. LVS - Financials Comparison
This section allows you to compare key financial metrics between Caesars Entertainment, Inc. and Las Vegas Sands Corp.. 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
CZR vs. LVS - Profitability Comparison
CZR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Caesars Entertainment, Inc. reported a gross profit of 0.00 and revenue of 2.99B. Therefore, the gross margin over that period was 0.0%.
LVS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Las Vegas Sands Corp. reported a gross profit of 145.00M and revenue of 3.15B. Therefore, the gross margin over that period was 4.6%.
CZR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Caesars Entertainment, Inc. reported an operating income of 513.00M and revenue of 2.99B, resulting in an operating margin of 17.1%.
LVS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Las Vegas Sands Corp. reported an operating income of -157.00M and revenue of 3.15B, resulting in an operating margin of -5.0%.
CZR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Caesars Entertainment, Inc. reported a net income of -62.00M and revenue of 2.99B, resulting in a net margin of -2.1%.
LVS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Las Vegas Sands Corp. reported a net income of -27.00M and revenue of 3.15B, resulting in a net margin of -0.9%.
Frequently Asked Questions
CZR and LVS have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LVS has higher volatility (7.06%) compared to CZR (2.90%). In terms of maximum drawdown, CZR dropped -89.78% vs LVS's -99.02%.
CZR currently has the higher Sharpe Ratio (0.23 vs -0.14), 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 CZR and LVS
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