VTV vs. CVS
VTV (Vanguard Value ETF) is Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index, while CVS (CVS Health Corporation) is a stock. Over the past 10 years, VTV returned 12.42%/yr vs 3.16%/yr for CVS. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
VTV vs. CVS - Performance Comparison
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Returns By Period
In the year-to-date period, VTV achieves a 11.91% return, which is significantly lower than CVS's 24.42% return. Over the past 10 years, VTV has outperformed CVS with an annualized return of 12.42%, while CVS has yielded a comparatively lower 3.16% annualized return.
VTV
- 1D
- 0.25%
- 1M
- 2.67%
- YTD
- 11.91%
- 6M
- 13.41%
- 1Y
- 25.49%
- 3Y*
- 17.72%
- 5Y*
- 11.30%
- 10Y*
- 12.42%
CVS
- 1D
- 1.20%
- 1M
- 7.21%
- YTD
- 24.42%
- 6M
- 29.02%
- 1Y
- 58.27%
- 3Y*
- 14.98%
- 5Y*
- 6.17%
- 10Y*
- 3.16%
VTV vs. CVS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTV Vanguard Value ETF | 11.91% | 15.27% | 15.95% | 9.32% | -2.09% | 26.53% | 2.33% | 25.66% | -5.47% | 17.15% |
CVS CVS Health Corporation | 24.42% | 84.35% | -40.77% | -12.53% | -7.63% | 54.87% | -5.14% | 17.26% | -7.04% | -5.75% |
Correlation
The correlation between VTV and CVS is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004 | 0.53 |
Over the past year, the correlation between VTV and CVS has dropped to 0.30 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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Return for Risk
VTV vs. CVS — Risk / Return Rank
VTV
CVS
VTV vs. CVS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Value ETF (VTV) and CVS Health Corporation (CVS). 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.
| VTV | CVS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.35 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.03 | 3.56 | +0.47 |
| Martin ratioReturn relative to average drawdown | 15.20 | 9.17 | +6.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VTV | CVS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.52 | 1.89 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 0.21 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.11 | +0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.34 | +0.18 |
Drawdowns
VTV vs. CVS - Drawdown Comparison
The maximum VTV drawdown since its inception was -59.27%, smaller than the maximum CVS drawdown of -64.07%. Use the drawdown chart below to compare losses from any high point for VTV and CVS.
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Drawdown Indicators
| VTV | CVS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.27% | -64.07% | +4.80% |
Max Drawdown (1Y)Largest decline over 1 year | -6.35% | -16.44% | +10.09% |
Max Drawdown (3Y)Largest decline over 3 years | -14.52% | -43.98% | +29.46% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -56.79% | +39.75% |
Max Drawdown (10Y)Largest decline over 10 years | -36.78% | -56.79% | +20.01% |
Current DrawdownCurrent decline from peak | -1.11% | -1.05% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -7.87% | -19.55% | +11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 6.37% | -4.69% |
Volatility
VTV vs. CVS - Volatility Comparison
The current volatility for Vanguard Value ETF (VTV) is 2.65%, while CVS Health Corporation (CVS) has a volatility of 8.88%. This indicates that VTV experiences smaller price fluctuations and is considered to be less risky than CVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTV | CVS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 8.88% | -6.23% |
Volatility (6M)Calculated over the trailing 6-month period | 7.67% | 25.90% | -18.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.18% | 31.07% | -20.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.89% | 29.96% | -16.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.68% | 29.30% | -12.62% |
Dividends
VTV vs. CVS - Dividend Comparison
VTV's dividend yield for the trailing twelve months is around 1.87%, less than CVS's 2.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVS CVS Health Corporation | 2.74% | 3.35% | 5.93% | 3.06% | 2.36% | 1.94% | 2.93% | 2.69% | 3.05% | 2.76% | 2.15% | 1.43% |
VTV Vanguard Value ETF | 1.87% | 2.05% | 2.31% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% |
Frequently Asked Questions
VTV and CVS have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVS has higher volatility (8.88%) compared to VTV (2.65%). In terms of maximum drawdown, VTV dropped -59.27% vs CVS's -64.07%.
VTV currently has the higher Sharpe Ratio (2.52 vs 1.89), 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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