VEEV vs. WMT
VEEV (Veeva Systems Inc.) and WMT (Walmart Inc.) are both stocks. VEEV operates in Health Information Services (Healthcare), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, VEEV returned 16.73%/yr vs 19.77%/yr for WMT. At a 0.14 correlation, their price movements are largely independent.
Performance
VEEV vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, VEEV achieves a -28.53% return, which is significantly lower than WMT's 9.07% return. Over the past 10 years, VEEV has underperformed WMT with an annualized return of 16.73%, while WMT has yielded a comparatively higher 19.77% annualized return.
VEEV
- 1D
- -1.24%
- 1M
- 2.45%
- YTD
- -28.53%
- 6M
- -28.54%
- 1Y
- -43.46%
- 3Y*
- -5.80%
- 5Y*
- -11.82%
- 10Y*
- 16.73%
WMT
- 1D
- 0.45%
- 1M
- -7.93%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 28.71%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
VEEV vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEEV Veeva Systems Inc. | -28.53% | 6.17% | 9.21% | 19.30% | -36.83% | -6.16% | 93.55% | 57.48% | 61.58% | 35.82% |
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between VEEV and WMT is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2013 | 0.14 |
The correlation between VEEV and WMT shifts across timeframes, from -0.12 (1 year) to 0.15 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
VEEV:
$26.48B
WMT:
$968.20B
VEEV:
$5.63
WMT:
$2.88
VEEV:
28.36
WMT:
42.04
VEEV:
1.47
WMT:
2.75
VEEV:
8.04
WMT:
1.34
VEEV:
3.63
WMT:
10.26
VEEV:
$3.32B
WMT:
$725.31B
VEEV:
$2.49B
WMT:
$181.16B
VEEV:
$1.00B
WMT:
$44.32B
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Return for Risk
VEEV vs. WMT — Risk / Return Rank
VEEV
WMT
VEEV vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Veeva Systems Inc. (VEEV) and Walmart Inc. (WMT). 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.
| VEEV | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -3.67 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.23 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 1.83 | -2.69 |
| Martin ratioReturn relative to average drawdown | -1.51 | 5.82 | -7.33 |
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Drawdowns
VEEV vs. WMT - Drawdown Comparison
The maximum VEEV drawdown since its inception was -61.35%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for VEEV and WMT.
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Drawdown Indicators
| VEEV | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.35% | -77.14% | +15.79% |
Max Drawdown (1Y)Largest decline over 1 year | -50.55% | -15.75% | -34.80% |
Max Drawdown (3Y)Largest decline over 3 years | -50.55% | -21.93% | -28.62% |
Max Drawdown (5Y)Largest decline over 5 years | -55.69% | -25.74% | -29.95% |
Max Drawdown (10Y)Largest decline over 10 years | -55.69% | -25.74% | -29.95% |
Current DrawdownCurrent decline from peak | -53.21% | -9.81% | -43.40% |
Average DrawdownAverage peak-to-trough decline | -26.08% | -14.63% | -11.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.76% | 4.94% | +23.82% |
Volatility
VEEV vs. WMT - Volatility Comparison
Veeva Systems Inc. (VEEV) has a higher volatility of 14.08% compared to Walmart Inc. (WMT) at 9.86%. This indicates that VEEV's price experiences larger fluctuations and is considered to be riskier than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEEV | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.08% | 9.86% | +4.22% |
Volatility (6M)Calculated over the trailing 6-month period | 29.27% | 18.49% | +10.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.87% | 23.67% | +12.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.98% | 21.68% | +16.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.23% | 21.73% | +16.50% |
Dividends
VEEV vs. WMT - Dividend Comparison
VEEV has not paid dividends to shareholders, while WMT's dividend yield for the trailing twelve months is around 0.80%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEEV Veeva Systems 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% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
VEEV vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between Veeva Systems Inc. and Walmart 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
VEEV vs. WMT - Profitability Comparison
VEEV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported a gross profit of 659.69M and revenue of 882.95M. Therefore, the gross margin over that period was 74.7%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
VEEV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported an operating income of 273.11M and revenue of 882.95M, resulting in an operating margin of 30.9%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
VEEV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veeva Systems Inc. reported a net income of 260.94M and revenue of 882.95M, resulting in a net margin of 29.6%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
VEEV and WMT have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VEEV has higher volatility (14.08%) compared to WMT (9.86%). In terms of maximum drawdown, VEEV dropped -61.35% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.22 vs -1.22), 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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