DXC vs. KD

Last updated Jun 3, 2026

DXC (DXC Technology Company) and KD (Kyndryl Holdings, Inc.) are both stocks. Both operate in the Information Technology Services industry within the Technology sector. Over the past 3 years, DXC returned -26.99%/yr vs 0.13%/yr for KD. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

DXC vs. KD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DXC Technology Company (DXC) and Kyndryl Holdings, Inc. (KD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DXC achieves a -31.74% return, which is significantly higher than KD's -52.56% return.

DXC

• 1D: -3.10%
• 1M: -15.82%
• YTD: -31.74%
• 6M: -26.25%
• 1Y: -32.52%
• 3Y*: -26.99%
• 5Y*: -24.35%
• 10Y*: —

KD

• 1D: -2.25%
• 1M: -12.26%
• YTD: -52.56%
• 6M: -50.86%
• 1Y: -67.84%
• 3Y*: 0.13%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DXC vs. KD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DXC DXC Technology Company	-31.74%	-26.68%	-12.64%	-13.70%	-17.68%	-6.88%
KD Kyndryl Holdings, Inc.	-52.56%	-23.24%	66.51%	86.87%	-38.56%	-55.58%

Correlation

The correlation between DXC and KD is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since Oct 25, 2021	0.50

The correlation between DXC and KD has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.

Fundamentals

Market Cap DXC : $1.68B KD : $2.87B
EPS DXC : $0.10 KD : $0.84
PE Ratio DXC : 98.97 KD : 14.92
PS Ratio DXC : 0.14 KD : 0.20
Total Revenue (TTM) DXC : $12.64B KD : $15.09B
Gross Profit (TTM) DXC : $1.73B KD : $2.44B
EBITDA (TTM) DXC : $1.70B KD : $2.02B

Return for Risk

DXC vs. KD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DXC

DXC Risk / Return Rank: 13
DXC Sharpe Ratio Rank: 13
DXC Sortino Ratio Rank: 16
DXC Omega Ratio Rank: 16
DXC Calmar Ratio Rank: 15
DXC Martin Ratio Rank: 2

KD

KD Risk / Return Rank: 6
KD Sharpe Ratio Rank: 6
KD Sortino Ratio Rank: 9
KD Omega Ratio Rank: 3
KD Calmar Ratio Rank: 6
KD Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DXC vs. KD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DXC Technology Company (DXC) and Kyndryl Holdings, Inc. (KD). 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.

	DXC	KD	Difference
Sharpe ratio Return per unit of total volatility	-0.63	-0.93	+0.30
Sortino ratio Return per unit of downside risk	-0.63	-1.16	+0.53
Omega ratio Gain probability vs. loss probability	0.92	0.76	+0.16
Calmar ratio Return relative to maximum drawdown	-0.69	-0.90	+0.20
Martin ratio Return relative to average drawdown	-1.73	-1.43	-0.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DXC vs. KD - Sharpe Ratio Comparison

The current DXC Sharpe Ratio is -0.63, which is higher than the KD Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of DXC and KD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DXC	KD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.63	-0.93	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	-0.39	+0.07

Drawdowns

DXC vs. KD - Drawdown Comparison

The maximum DXC drawdown since its inception was -91.10%, which is greater than KD's maximum drawdown of -79.80%. Use the drawdown chart below to compare losses from any high point for DXC and KD.

Drawdown Indicators

	DXC	KD	Difference
Max Drawdown Largest peak-to-trough decline	-91.10%	-79.80%	-11.30%
Max Drawdown (1Y) Largest decline over 1 year	-49.38%	-75.60%	+26.22%
Max Drawdown (3Y) Largest decline over 3 years	-71.15%	-75.63%	+4.48%
Max Drawdown (5Y) Largest decline over 5 years	-81.07%	—	—
Current Drawdown Current decline from peak	-89.18%	-71.00%	-18.18%
Average Drawdown Average peak-to-trough decline	-58.03%	-50.25%	-7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.81%	47.42%	-27.61%

Volatility

DXC vs. KD - Volatility Comparison

DXC Technology Company (DXC) has a higher volatility of 30.99% compared to Kyndryl Holdings, Inc. (KD) at 16.84%. This indicates that DXC's price experiences larger fluctuations and is considered to be riskier than KD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DXC	KD	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.99%	16.84%	+14.15%
Volatility (6M) Calculated over the trailing 6-month period	45.06%	87.85%	-42.79%
Volatility (1Y) Calculated over the trailing 1-year period	51.67%	72.82%	-21.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.12%	58.59%	-12.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.52%	58.59%	-7.07%

Dividends

DXC vs. KD - Dividend Comparison

Neither DXC nor KD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DXC DXC Technology Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.82%	2.18%	24.81%	0.72%
KD Kyndryl Holdings, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

DXC vs. KD - Profitability Comparison

The chart below illustrates the profitability comparison between DXC Technology Company and Kyndryl Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DXC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, DXC Technology Company reported a gross profit of 0.00 and revenue of 3.13B. Therefore, the gross margin over that period was 0.0%.

KD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Kyndryl Holdings, Inc. reported a gross profit of 0.00 and revenue of 3.77B. Therefore, the gross margin over that period was 0.0%.

DXC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, DXC Technology Company reported an operating income of 0.00 and revenue of 3.13B, resulting in an operating margin of 0.0%.

KD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Kyndryl Holdings, Inc. reported an operating income of 0.00 and revenue of 3.77B, resulting in an operating margin of 0.0%.

DXC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, DXC Technology Company reported a net income of -141.00M and revenue of 3.13B, resulting in a net margin of -4.5%.

KD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Kyndryl Holdings, Inc. reported a net income of 17.00M and revenue of 3.77B, resulting in a net margin of 0.5%.

Frequently Asked Questions

Can I hold both DXC and KD in my portfolio?

DXC and KD have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DXC or KD?

DXC has higher volatility (30.99%) compared to KD (16.84%). In terms of maximum drawdown, DXC dropped -91.10% vs KD's -79.80%.

Which has better risk-adjusted returns?

DXC currently has the higher Sharpe Ratio (-0.63 vs -0.93), 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.