HD vs. V

Last updated Jun 3, 2026

HD (The Home Depot, Inc.) and V (Visa Inc.) are both stocks. HD operates in Home Improvement Retail (Consumer Cyclical), while V operates in Credit Services (Financial Services). Over the past 10 years, HD returned 11.57%/yr vs 15.59%/yr for V. At a 0.43 correlation, their price movements are largely independent.

Performance

HD vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Home Depot, Inc. (HD) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with HD having a -8.86% return and V slightly lower at -9.15%. Over the past 10 years, HD has underperformed V with an annualized return of 11.57%, while V has yielded a comparatively higher 15.59% annualized return.

HD

• 1D: 0.27%
• 1M: -3.82%
• YTD: -8.86%
• 6M: -10.85%
• 1Y: -13.20%
• 3Y*: 4.08%
• 5Y*: 2.37%
• 10Y*: 11.57%

V

• 1D: -1.69%
• 1M: -3.06%
• YTD: -9.15%
• 6M: -3.33%
• 1Y: -12.45%
• 3Y*: 12.37%
• 5Y*: 7.63%
• 10Y*: 15.59%

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

HD vs. V - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HD The Home Depot, Inc.	-8.86%	-9.33%	15.00%	12.77%	-21.98%	59.51%	24.50%	30.56%	-7.30%	44.61%
V Visa Inc.	-9.15%	11.76%	22.32%	26.31%	-3.40%	-0.31%	17.12%	43.33%	16.49%	47.18%

Correlation

The correlation between HD and V is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 20, 2008	0.43

Over the past year, the correlation between HD and V has dropped to 0.23 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

Fundamentals

EPS HD : $14.08 V : $15.24
PE Ratio HD : 22.13 V : 20.82
PS Ratio HD : 1.86 V : 10.76
Total Revenue (TTM) HD : $166.59B V : $43.03B
Gross Profit (TTM) HD : $55.19B V : $16.94B
EBITDA (TTM) HD : $23.12B V : $27.63B

Return for Risk

HD vs. V — Risk / Return Rank

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

HD

HD Risk / Return Rank: 19
HD Sharpe Ratio Rank: 16
HD Sortino Ratio Rank: 15
HD Omega Ratio Rank: 17
HD Calmar Ratio Rank: 24
HD Martin Ratio Rank: 21

V

V Risk / Return Rank: 16
V Sharpe Ratio Rank: 16
V Sortino Ratio Rank: 15
V Omega Ratio Rank: 16
V Calmar Ratio Rank: 18
V Martin Ratio Rank: 15

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.

HD vs. V - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Home Depot, Inc. (HD) and Visa Inc. (V). 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.

	HD	V	Difference
Sharpe ratio Return per unit of total volatility	-0.56	-0.57	0.00
Sortino ratio Return per unit of downside risk	-0.70	-0.69	-0.01
Omega ratio Gain probability vs. loss probability	0.92	0.91	+0.01
Calmar ratio Return relative to maximum drawdown	-0.46	-0.61	+0.15
Martin ratio Return relative to average drawdown	-0.97	-1.14	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HD vs. V - Sharpe Ratio Comparison

The current HD Sharpe Ratio is -0.56, which is comparable to the V Sharpe Ratio of -0.57. The chart below compares the historical Sharpe Ratios of HD and V, 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

	HD	V	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	-0.57	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.34	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.64	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.69	-0.01

Drawdowns

HD vs. V - Drawdown Comparison

The maximum HD drawdown since its inception was -70.46%, which is greater than V's maximum drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for HD and V.

Drawdown Indicators

	HD	V	Difference
Max Drawdown Largest peak-to-trough decline	-70.46%	-51.90%	-18.56%
Max Drawdown (1Y) Largest decline over 1 year	-28.81%	-20.38%	-8.43%
Max Drawdown (3Y) Largest decline over 3 years	-28.84%	-20.38%	-8.46%
Max Drawdown (5Y) Largest decline over 5 years	-34.73%	-28.60%	-6.13%
Max Drawdown (10Y) Largest decline over 10 years	-37.99%	-36.36%	-1.63%
Current Drawdown Current decline from peak	-25.49%	-14.33%	-11.16%
Average Drawdown Average peak-to-trough decline	-20.60%	-8.26%	-12.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.73%	10.89%	+2.84%

Volatility

HD vs. V - Volatility Comparison

The Home Depot, Inc. (HD) has a higher volatility of 7.94% compared to Visa Inc. (V) at 5.00%. This indicates that HD's price experiences larger fluctuations and is considered to be riskier than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HD	V	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.94%	5.00%	+2.94%
Volatility (6M) Calculated over the trailing 6-month period	17.69%	17.23%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	23.45%	22.06%	+1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.05%	22.76%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.82%	24.45%	+0.37%

Dividends

HD vs. V - Dividend Comparison

HD's dividend yield for the trailing twelve months is around 2.96%, more than V's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HD The Home Depot, Inc.	2.96%	2.67%	2.31%	2.41%	2.41%	1.59%	2.26%	2.49%	2.40%	1.88%	2.06%	1.78%
V Visa Inc.	0.82%	0.70%	0.68%	0.72%	0.76%	0.62%	0.56%	0.56%	0.67%	0.61%	0.75%	0.64%

Financials

HD vs. V - Profitability Comparison

The chart below illustrates the profitability comparison between The Home Depot, Inc. and Visa Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a gross profit of 13.78B and revenue of 41.77B. Therefore, the gross margin over that period was 33.0%.

V - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported a gross profit of -8.90B and revenue of 11.23B. Therefore, the gross margin over that period was -79.3%.

HD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported an operating income of 4.98B and revenue of 41.77B, resulting in an operating margin of 11.9%.

V - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported an operating income of 7.23B and revenue of 11.23B, resulting in an operating margin of 64.4%.

HD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a net income of 3.29B and revenue of 41.77B, resulting in a net margin of 7.9%.

V - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Visa Inc. reported a net income of 6.02B and revenue of 11.23B, resulting in a net margin of 53.6%.

Frequently Asked Questions

Can I hold both HD and V in my portfolio?

HD and V have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HD or V?

HD has higher volatility (7.94%) compared to V (5.00%). In terms of maximum drawdown, HD dropped -70.46% vs V's -51.90%.

Which has better risk-adjusted returns?

HD currently has the higher Sharpe Ratio (-0.56 vs -0.57), 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.