VYX vs. CLF

Last updated Apr 1, 2026

Compare and contrast key facts about NCR Voyix Corporation (VYX) and Cleveland-Cliffs Inc. (CLF).

Performance

VYX vs. CLF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NCR Voyix Corporation (VYX) and Cleveland-Cliffs Inc. (CLF). The values are adjusted to include any dividend payments, if applicable.

VYX vs. CLF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VYX NCR Voyix Corporation	-37.94%	-26.30%	-18.15%	17.74%	-41.77%	7.00%	6.85%	52.34%	-32.10%	-16.20%
CLF Cleveland-Cliffs Inc.	-36.37%	41.28%	-53.97%	26.75%	-26.00%	49.52%	77.38%	12.72%	6.66%	-14.27%

Fundamentals

EPS VYX : $0.37 CLF : -$4.48
PS Ratio VYX : 0.33 CLF : 0.15
Total Revenue (TTM) VYX : $2.69B CLF : $18.61B
Gross Profit (TTM) VYX : $634.00M CLF : -$860.00M
EBITDA (TTM) VYX : $206.00M CLF : -$167.00M

Returns By Period

The year-to-date returns for both investments are quite close, with VYX having a -37.94% return and CLF slightly higher at -36.37%. Over the past 10 years, VYX has underperformed CLF with an annualized return of -10.11%, while CLF has yielded a comparatively higher 11.55% annualized return.

VYX

• 1D: 1.44%
• 1M: -17.15%
• YTD: -37.94%
• 6M: -49.56%
• 1Y: -35.08%
• 3Y*: -24.09%
• 5Y*: -22.93%
• 10Y*: -10.11%

CLF

• 1D: 4.19%
• 1M: -20.73%
• YTD: -36.37%
• 6M: -30.74%
• 1Y: 2.80%
• 3Y*: -22.75%
• 5Y*: -15.33%
• 10Y*: 11.55%

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

Return for Risk

VYX vs. CLF — Risk / Return Rank

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

VYX

VYX Risk / Return Rank: 14
VYX Sharpe Ratio Rank: 12
VYX Sortino Ratio Rank: 13
VYX Omega Ratio Rank: 14
VYX Calmar Ratio Rank: 19
VYX Martin Ratio Rank: 10

CLF

CLF Risk / Return Rank: 43
CLF Sharpe Ratio Rank: 43
CLF Sortino Ratio Rank: 45
CLF Omega Ratio Rank: 45
CLF Calmar Ratio Rank: 42
CLF Martin Ratio Rank: 41

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.

VYX vs. CLF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NCR Voyix Corporation (VYX) and Cleveland-Cliffs Inc. (CLF). 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.

	VYX	CLF	Difference
Sharpe ratio Return per unit of total volatility	-0.70	0.04	-0.74
Sortino ratio Return per unit of downside risk	-0.85	0.61	-1.45
Omega ratio Gain probability vs. loss probability	0.90	1.08	-0.18
Calmar ratio Return relative to maximum drawdown	-0.64	-0.02	-0.62
Martin ratio Return relative to average drawdown	-1.46	-0.04	-1.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VYX vs. CLF - Sharpe Ratio Comparison

The current VYX Sharpe Ratio is -0.70, which is lower than the CLF Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of VYX and CLF, 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

	VYX	CLF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	0.04	-0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.50	-0.26	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.21	0.18	-0.39
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.11	-0.15

Correlation

The correlation between VYX and CLF is 0.32, 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

VYX vs. CLF - Dividend Comparison

Neither VYX nor CLF has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
VYX NCR Voyix Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CLF Cleveland-Cliffs Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.82%	3.10%

Drawdowns

VYX vs. CLF - Drawdown Comparison

The maximum VYX drawdown since its inception was -90.20%, smaller than the maximum CLF drawdown of -98.78%. Use the drawdown chart below to compare losses from any high point for VYX and CLF.

Drawdown Indicators

	VYX	CLF	Difference
Max Drawdown Largest peak-to-trough decline	-90.20%	-98.78%	+8.58%
Max Drawdown (1Y) Largest decline over 1 year	-57.69%	-51.67%	-6.02%
Max Drawdown (5Y) Largest decline over 5 years	-79.58%	-82.37%	+2.79%
Max Drawdown (10Y) Largest decline over 10 years	-79.65%	-82.37%	+2.72%
Current Drawdown Current decline from peak	-84.84%	-91.39%	+6.55%
Average Drawdown Average peak-to-trough decline	-49.74%	-47.41%	-2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.20%	21.55%	+3.65%

Volatility

VYX vs. CLF - Volatility Comparison

NCR Voyix Corporation (VYX) has a higher volatility of 17.36% compared to Cleveland-Cliffs Inc. (CLF) at 14.58%. This indicates that VYX's price experiences larger fluctuations and is considered to be riskier than CLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYX	CLF	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.36%	14.58%	+2.78%
Volatility (6M) Calculated over the trailing 6-month period	34.72%	53.80%	-19.08%
Volatility (1Y) Calculated over the trailing 1-year period	50.42%	77.01%	-26.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.22%	59.32%	-13.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.49%	64.81%	-17.32%

Financials

VYX vs. CLF - Profitability Comparison

The chart below illustrates the profitability comparison between NCR Voyix Corporation and Cleveland-Cliffs Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VYX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, NCR Voyix Corporation reported a gross profit of 178.00M and revenue of 720.00M. Therefore, the gross margin over that period was 24.7%.

CLF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cleveland-Cliffs Inc. reported a gross profit of -214.00M and revenue of 4.31B. Therefore, the gross margin over that period was -5.0%.

VYX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, NCR Voyix Corporation reported an operating income of -28.00M and revenue of 720.00M, resulting in an operating margin of -3.9%.

CLF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cleveland-Cliffs Inc. reported an operating income of -191.00M and revenue of 4.31B, resulting in an operating margin of -4.4%.

VYX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, NCR Voyix Corporation reported a net income of 89.00M and revenue of 720.00M, resulting in a net margin of 12.4%.

CLF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cleveland-Cliffs Inc. reported a net income of -249.00M and revenue of 4.31B, resulting in a net margin of -5.8%.