VRNS vs. MSFT
VRNS (Varonis Systems, Inc.) and MSFT (Microsoft Corporation) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 10 years, VRNS returned 15.19%/yr vs 23.62%/yr for MSFT. At a 0.42 correlation, their price movements are largely independent.
Performance
VRNS vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, VRNS achieves a -0.27% return, which is significantly higher than MSFT's -23.71% return. Over the past 10 years, VRNS has underperformed MSFT with an annualized return of 15.19%, while MSFT has yielded a comparatively higher 23.62% annualized return.
VRNS
- 1D
- -2.01%
- 1M
- 5.52%
- YTD
- -0.27%
- 6M
- -5.02%
- 1Y
- -33.22%
- 3Y*
- 9.37%
- 5Y*
- -10.92%
- 10Y*
- 15.19%
MSFT
- 1D
- -3.18%
- 1M
- -12.24%
- YTD
- -23.71%
- 6M
- -23.91%
- 1Y
- -22.44%
- 3Y*
- 3.92%
- 5Y*
- 7.61%
- 10Y*
- 23.62%
VRNS vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VRNS Varonis Systems, Inc. | -0.27% | -26.18% | -1.88% | 89.14% | -50.92% | -10.56% | 110.54% | 46.90% | 8.96% | 81.16% |
MSFT Microsoft Corporation | -23.71% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
Correlation
The correlation between VRNS and MSFT is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2014 | 0.42 |
Fundamentals
VRNS:
$3.79B
MSFT:
$2.73T
VRNS:
-$1.16
MSFT:
$16.79
VRNS:
5.83
MSFT:
8.61
VRNS:
8.35
MSFT:
6.60
VRNS:
$660.24M
MSFT:
$318.27B
VRNS:
$515.71M
MSFT:
$217.41B
VRNS:
-$119.10M
MSFT:
$200.96B
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Return for Risk
VRNS vs. MSFT — Risk / Return Rank
VRNS
MSFT
VRNS vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Varonis Systems, Inc. (VRNS) and Microsoft Corporation (MSFT). 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.
| VRNS | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.86 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | -0.66 | +0.17 |
| Martin ratioReturn relative to average drawdown | -0.76 | -1.32 | +0.56 |
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Drawdowns
VRNS vs. MSFT - Drawdown Comparison
The maximum VRNS drawdown since its inception was -78.19%, which is greater than MSFT's maximum drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for VRNS and MSFT.
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Drawdown Indicators
| VRNS | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.19% | -69.38% | -8.81% |
Max Drawdown (1Y)Largest decline over 1 year | -68.11% | -33.91% | -34.20% |
Max Drawdown (3Y)Largest decline over 3 years | -68.11% | -33.91% | -34.20% |
Max Drawdown (5Y)Largest decline over 5 years | -78.19% | -37.15% | -41.04% |
Max Drawdown (10Y)Largest decline over 10 years | -78.19% | -37.15% | -41.04% |
Current DrawdownCurrent decline from peak | -55.44% | -31.80% | -23.64% |
Average DrawdownAverage peak-to-trough decline | -37.37% | -21.79% | -15.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 43.53% | 16.97% | +26.56% |
Volatility
VRNS vs. MSFT - Volatility Comparison
Varonis Systems, Inc. (VRNS) has a higher volatility of 14.07% compared to Microsoft Corporation (MSFT) at 11.08%. This indicates that VRNS's price experiences larger fluctuations and is considered to be riskier than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VRNS | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.07% | 11.08% | +2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 41.01% | 22.93% | +18.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 68.02% | 26.01% | +42.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.65% | 26.78% | +25.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.42% | 27.11% | +20.31% |
Dividends
VRNS vs. MSFT - Dividend Comparison
VRNS has not paid dividends to shareholders, while MSFT's dividend yield for the trailing twelve months is around 0.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.97% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
VRNS Varonis 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% |
Financials
VRNS vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between Varonis Systems, Inc. and Microsoft Corporation. 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
VRNS vs. MSFT - Profitability Comparison
VRNS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Varonis Systems, Inc. reported a gross profit of 131.56M and revenue of 173.13M. Therefore, the gross margin over that period was 76.0%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
VRNS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Varonis Systems, Inc. reported an operating income of -44.48M and revenue of 173.13M, resulting in an operating margin of -25.7%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
VRNS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Varonis Systems, Inc. reported a net income of -43.22M and revenue of 173.13M, resulting in a net margin of -25.0%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
VRNS and MSFT have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VRNS has higher volatility (14.07%) compared to MSFT (11.08%). In terms of maximum drawdown, VRNS dropped -78.19% vs MSFT's -69.38%.
VRNS currently has the higher Sharpe Ratio (-0.49 vs -0.87), 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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