RIVN vs. VMW

Last updated Jun 13, 2026

RIVN (Rivian Automotive, Inc.) and VMW (VMware, Inc.) are both stocks. RIVN operates in Auto Manufacturers (Consumer Cyclical), while VMW operates in Software - Infrastructure (Technology). At a 0.17 correlation, their price movements are largely independent.

Performance

RIVN vs. VMW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rivian Automotive, Inc. (RIVN) and VMware, Inc. (VMW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RIVN

• 1D: 7.85%
• 1M: 21.54%
• YTD: -14.97%
• 6M: -9.01%
• 1Y: 24.89%
• 3Y*: 3.20%
• 5Y*: —
• 10Y*: —

VMW

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RIVN vs. VMW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
RIVN Rivian Automotive, Inc.	-14.97%	48.20%	-43.31%	27.29%	-82.23%	-2.87%
VMW VMware, Inc.	0.00%	0.00%	0.00%	16.06%	5.94%	-10.14%

Correlation

The correlation between RIVN and VMW is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021	0.17

The correlation between RIVN and VMW shifts across timeframes, from 0.02 (3 years) to 0.17 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) RIVN : $5.53B VMW : $13.61B
Gross Profit (TTM) RIVN : $57.00M VMW : $11.05B
EBITDA (TTM) RIVN : -$3.18B VMW : $2.61B

Return for Risk

RIVN vs. VMW — Risk / Return Rank

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

RIVN

RIVN Risk / Return Rank: 55
RIVN Sharpe Ratio Rank: 54
RIVN Sortino Ratio Rank: 58
RIVN Omega Ratio Rank: 54
RIVN Calmar Ratio Rank: 54
RIVN Martin Ratio Rank: 54

VMW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RIVN vs. VMW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rivian Automotive, Inc. (RIVN) and VMware, Inc. (VMW). 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.

	RIVN	VMW	Difference
Sharpe ratio: Return per unit of total volatility	0.31	—	—
Sortino ratio: Return per unit of downside risk	1.05	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.48	—	—
Martin ratio: Return relative to average drawdown	0.95	—	—

Drawdowns

Drawdown Indicators

	RIVN	VMW	Difference
Max Drawdown Largest peak-to-trough decline	-95.12%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-42.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-69.61%	—	—
Current Drawdown Current decline from peak	-90.26%	—	—
Average Drawdown Average peak-to-trough decline	-86.33%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	21.62%	—	—

Volatility

Volatility by Period

	RIVN	VMW	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	49.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	65.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.55%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.55%	—	—

Dividends

RIVN vs. VMW - Dividend Comparison

Neither RIVN nor VMW has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
RIVN Rivian Automotive, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VMW VMware, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	23.65%	0.00%	0.00%	19.55%

Financials

Frequently Asked Questions

Can I hold both RIVN and VMW in my portfolio?

RIVN and VMW have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.