VRNS vs. SRVR

Last updated Apr 1, 2026

Compare and contrast key facts about Varonis Systems, Inc. (VRNS) and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR).

SRVR is a passively managed fund by Pacer that tracks the performance of the Benchmark Data & Infrastructure Real Estate SCTR Index. It was launched on May 15, 2018.

Performance

VRNS vs. SRVR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Varonis Systems, Inc. (VRNS) and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR). The values are adjusted to include any dividend payments, if applicable.

VRNS vs. SRVR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VRNS Varonis Systems, Inc.	-34.54%	-26.18%	-1.88%	89.14%	-50.92%	-10.56%	110.54%	46.90%	-27.48%
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	9.80%	-1.99%	2.70%	6.84%	-31.90%	22.31%	11.99%	41.98%	-3.51%

Returns By Period

In the year-to-date period, VRNS achieves a -34.54% return, which is significantly lower than SRVR's 9.80% return.

VRNS

• 1D: 1.42%
• 1M: -7.06%
• YTD: -34.54%
• 6M: -62.64%
• 1Y: -46.92%
• 3Y*: -6.19%
• 5Y*: -16.60%
• 10Y*: 13.40%

SRVR

• 1D: 2.97%
• 1M: -6.54%
• YTD: 9.80%
• 6M: 0.74%
• 1Y: 9.63%
• 3Y*: 4.72%
• 5Y*: -0.80%
• 10Y*: —

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

Return for Risk

VRNS vs. SRVR — Risk / Return Rank

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

VRNS

VRNS Risk / Return Rank: 14
VRNS Sharpe Ratio Rank: 11
VRNS Sortino Ratio Rank: 17
VRNS Omega Ratio Rank: 11
VRNS Calmar Ratio Rank: 16
VRNS Martin Ratio Rank: 13

SRVR

SRVR Risk / Return Rank: 29
SRVR Sharpe Ratio Rank: 31
SRVR Sortino Ratio Rank: 31
SRVR Omega Ratio Rank: 28
SRVR Calmar Ratio Rank: 30
SRVR Martin Ratio Rank: 23

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.

VRNS vs. SRVR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Varonis Systems, Inc. (VRNS) and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR). 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.

	VRNS	SRVR	Difference
Sharpe ratio Return per unit of total volatility	-0.73	0.53	-1.26
Sortino ratio Return per unit of downside risk	-0.64	0.86	-1.50
Omega ratio Gain probability vs. loss probability	0.86	1.11	-0.25
Calmar ratio Return relative to maximum drawdown	-0.73	0.67	-1.40
Martin ratio Return relative to average drawdown	-1.39	1.45	-2.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VRNS vs. SRVR - Sharpe Ratio Comparison

The current VRNS Sharpe Ratio is -0.73, which is lower than the SRVR Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of VRNS and SRVR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VRNS	SRVR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.73	0.53	-1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	-0.04	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	0.25	-0.19

Correlation

The correlation between VRNS and SRVR is 0.40, 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

VRNS vs. SRVR - Dividend Comparison

VRNS has not paid dividends to shareholders, while SRVR's dividend yield for the trailing twelve months is around 2.95%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
VRNS Varonis Systems, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SRVR Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF	2.95%	2.67%	2.00%	3.69%	1.70%	1.19%	1.59%	1.61%	2.13%

Drawdowns

VRNS vs. SRVR - Drawdown Comparison

The maximum VRNS drawdown since its inception was -78.19%, which is greater than SRVR's maximum drawdown of -40.99%. Use the drawdown chart below to compare losses from any high point for VRNS and SRVR.

Drawdown Indicators

	VRNS	SRVR	Difference
Max Drawdown Largest peak-to-trough decline	-78.19%	-40.99%	-37.20%
Max Drawdown (1Y) Largest decline over 1 year	-66.70%	-14.78%	-51.92%
Max Drawdown (5Y) Largest decline over 5 years	-78.19%	-40.99%	-37.20%
Max Drawdown (10Y) Largest decline over 10 years	-78.19%	—	—
Current Drawdown Current decline from peak	-70.75%	-19.60%	-51.15%
Average Drawdown Average peak-to-trough decline	-36.94%	-15.35%	-21.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.72%	6.86%	+27.86%

Volatility

VRNS vs. SRVR - Volatility Comparison

Varonis Systems, Inc. (VRNS) has a higher volatility of 10.59% compared to Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) at 6.07%. This indicates that VRNS's price experiences larger fluctuations and is considered to be riskier than SRVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VRNS	SRVR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.59%	6.07%	+4.52%
Volatility (6M) Calculated over the trailing 6-month period	75.77%	11.93%	+63.84%
Volatility (1Y) Calculated over the trailing 1-year period	64.46%	18.22%	+46.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.06%	19.50%	+32.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.11%	21.48%	+25.63%