VMW vs. IBM

Last updated Apr 1, 2026

Compare and contrast key facts about VMware, Inc. (VMW) and International Business Machines Corporation (IBM).

Performance

VMW vs. IBM - Performance Comparison

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

VMW vs. IBM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VMW VMware, Inc.	0.00%	0.00%	0.00%	16.06%	5.94%	0.72%	-7.60%	10.69%	31.72%	59.18%
IBM International Business Machines Corporation	-17.70%	38.23%	39.27%	21.85%	10.64%	16.65%	-1.16%	23.58%	-22.56%	-3.99%

Fundamentals

Total Revenue (TTM) VMW : $13.61B IBM : $67.54B
Gross Profit (TTM) VMW : $11.05B IBM : $39.53B
EBITDA (TTM) VMW : $2.61B IBM : $16.95B

Returns By Period

VMW

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

IBM

• 1D: 2.17%
• 1M: 0.91%
• YTD: -17.70%
• 6M: -13.13%
• 1Y: -0.10%
• 3Y*: 27.02%
• 5Y*: 18.36%
• 10Y*: 9.73%

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

Return for Risk

VMW vs. IBM — Risk / Return Rank

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

IBM

IBM Risk / Return Rank: 41
IBM Sharpe Ratio Rank: 42
IBM Sortino Ratio Rank: 36
IBM Omega Ratio Rank: 36
IBM Calmar Ratio Rank: 44
IBM Martin Ratio Rank: 45

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.

VMW vs. IBM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VMware, Inc. (VMW) and International Business Machines Corporation (IBM). 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.

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

Sharpe Ratios by Period

	VMW	IBM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.29	—

Correlation

The correlation between VMW and IBM is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VMW vs. IBM - Dividend Comparison

VMW has not paid dividends to shareholders, while IBM's dividend yield for the trailing twelve months is around 2.77%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VMW VMware, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	23.65%	0.00%	0.00%	19.55%	0.00%	0.00%	0.00%
IBM International Business Machines Corporation	2.77%	2.27%	3.03%	4.05%	4.68%	4.74%	5.17%	4.80%	5.46%	3.85%	3.31%	3.63%

Drawdowns

Drawdown Indicators

	VMW	IBM	Difference
Max Drawdown Largest peak-to-trough decline	—	-69.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-28.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.69%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.59%	—
Current Drawdown Current decline from peak	—	-22.61%	—
Average Drawdown Average peak-to-trough decline	—	-20.11%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.44%	—

Volatility

Volatility by Period

	VMW	IBM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	33.70%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.97%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	25.49%	—

Financials