QXO vs. CLS
QXO (QXO, Inc) and CLS (Celestica Inc.) are both stocks. Both are in the Technology sector — QXO in Software - Application, CLS in Electronic Components. Over the past 10 years, QXO returned 7.71%/yr vs 45.51%/yr for CLS. At a 0.11 correlation, their price movements are largely independent.
Performance
QXO vs. CLS - Performance Comparison
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Returns By Period
In the year-to-date period, QXO achieves a -14.77% return, which is significantly lower than CLS's 54.98% return. Over the past 10 years, QXO has underperformed CLS with an annualized return of 7.71%, while CLS has yielded a comparatively higher 45.51% annualized return.
QXO
- 1D
- 0.74%
- 1M
- -14.02%
- YTD
- -14.77%
- 6M
- -17.80%
- 1Y
- -1.20%
- 3Y*
- -6.04%
- 5Y*
- -18.47%
- 10Y*
- 7.71%
CLS
- 1D
- -3.02%
- 1M
- 8.89%
- YTD
- 54.98%
- 6M
- 48.55%
- 1Y
- 277.82%
- 3Y*
- 226.85%
- 5Y*
- 121.36%
- 10Y*
- 45.51%
QXO vs. CLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
QXO QXO, Inc | -14.77% | 21.32% | -86.06% | 508.46% | -33.78% | 63.72% | -17.22% | 92.05% | -45.15% | 43.66% |
CLS Celestica Inc. | 54.98% | 220.27% | 215.23% | 159.80% | 1.26% | 37.92% | -2.42% | -5.70% | -16.32% | -11.56% |
Correlation
The correlation between QXO and CLS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2012 | 0.11 |
The correlation between QXO and CLS shifts across timeframes, from 0.11 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
QXO:
$122.38M
CLS:
$53.01B
QXO:
-$1.03
CLS:
$8.28
QXO:
0.96
CLS:
3.84
QXO:
0.01
CLS:
25.26
QXO:
$8.56B
CLS:
$13.81B
QXO:
$1.98B
CLS:
$1.60B
QXO:
-$152.95M
CLS:
$1.32B
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Return for Risk
QXO vs. CLS — Risk / Return Rank
QXO
CLS
QXO vs. CLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for QXO, Inc (QXO) and Celestica Inc. (CLS). 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.
| QXO | CLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.98 | ||
| Sortino ratioReturn per unit of downside risk | -2.96 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.46 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 9.57 | -9.60 |
| Martin ratioReturn relative to average drawdown | -0.06 | 24.15 | -24.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| QXO | CLS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 3.96 | -3.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 2.14 | -2.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.06 | 0.92 | -0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.28 | -0.23 |
Drawdowns
QXO vs. CLS - Drawdown Comparison
The maximum QXO drawdown since its inception was -95.44%, roughly equal to the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for QXO and CLS.
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Drawdown Indicators
| QXO | CLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.44% | -96.93% | +1.49% |
Max Drawdown (1Y)Largest decline over 1 year | -41.08% | -29.24% | -11.84% |
Max Drawdown (3Y)Largest decline over 3 years | -95.44% | -53.96% | -41.48% |
Max Drawdown (5Y)Largest decline over 5 years | -95.44% | -53.96% | -41.48% |
Max Drawdown (10Y)Largest decline over 10 years | -95.44% | -80.60% | -14.84% |
Current DrawdownCurrent decline from peak | -93.02% | -3.02% | -90.00% |
Average DrawdownAverage peak-to-trough decline | -56.34% | -73.38% | +17.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.82% | 11.57% | +8.25% |
Volatility
QXO vs. CLS - Volatility Comparison
The current volatility for QXO, Inc (QXO) is 16.10%, while Celestica Inc. (CLS) has a volatility of 22.24%. This indicates that QXO experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QXO | CLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.10% | 22.24% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 46.44% | 53.06% | -6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.14% | 70.76% | -10.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 145.36% | 57.21% | +88.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 123.57% | 49.69% | +73.88% |
Dividends
QXO vs. CLS - Dividend Comparison
Neither QXO nor CLS has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CLS Celestica Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QXO QXO, Inc | 0.00% | 0.00% | 164.53% | 1.17% | 0.00% | 13.42% | 31.47% | 1.15% | 0.00% | 1.89% | 2.00% |
Financials
QXO vs. CLS - Financials Comparison
This section allows you to compare key financial metrics between QXO, Inc and Celestica Inc.. 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
QXO vs. CLS - Profitability Comparison
QXO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a gross profit of 409.30M and revenue of 1.73B. Therefore, the gross margin over that period was 23.7%.
CLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.
QXO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported an operating income of -251.90M and revenue of 1.73B, resulting in an operating margin of -14.6%.
CLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.
QXO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a net income of -227.10M and revenue of 1.73B, resulting in a net margin of -13.1%.
CLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.
Frequently Asked Questions
QXO and CLS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLS has higher volatility (22.24%) compared to QXO (16.10%). In terms of maximum drawdown, QXO dropped -95.44% vs CLS's -96.93%.
CLS currently has the higher Sharpe Ratio (3.96 vs -0.02), 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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