WIPRO.NS vs. CTSH

Last updated Jun 5, 2026

WIPRO.NS (Wipro Limited) and CTSH (Cognizant Technology Solutions Corporation) are both stocks. Both operate in the Information Technology Services industry within the Technology sector. Over the past 10 years, WIPRO.NS returned 8.47%/yr vs 3.57%/yr for CTSH. At a 0.11 correlation, their price movements are largely independent.

Performance

WIPRO.NS vs. CTSH - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Wipro Limited (WIPRO.NS) and Cognizant Technology Solutions Corporation (CTSH). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

WIPRO.NS is traded in INR, while CTSH is traded in USD. To make them comparable, the CTSH values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, WIPRO.NS achieves a -20.60% return, which is significantly higher than CTSH's -31.42% return. Over the past 10 years, WIPRO.NS has outperformed CTSH with an annualized return of 8.47%, while CTSH has yielded a comparatively lower 3.57% annualized return.

WIPRO.NS

• 1D: 0.11%
• 1M: 2.61%
• YTD: -20.60%
• 6M: -19.23%
• 1Y: -13.89%
• 3Y*: 2.59%
• 5Y*: -3.96%
• 10Y*: 8.47%

CTSH

• 1D: -1.23%
• 1M: 4.76%
• YTD: -31.42%
• 6M: -29.54%
• 1Y: -24.21%
• 3Y*: 1.27%
• 5Y*: 1.01%
• 10Y*: 3.57%

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

WIPRO.NS vs. CTSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WIPRO.NS Wipro Limited	-20.60%	-9.10%	28.56%	20.17%	-44.54%	85.73%	57.48%	-0.48%	6.32%	32.31%
CTSH Cognizant Technology Solutions Corporation	-31.42%	14.93%	6.59%	35.31%	-27.51%	11.82%	37.30%	1.44%	-1.48%	19.65%

Correlation

The correlation between WIPRO.NS and CTSH is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	0.11

The correlation between WIPRO.NS and CTSH shifts across timeframes, from -0.04 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

WIPRO.NS vs. CTSH — Risk / Return Rank

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

WIPRO.NS

WIPRO.NS Risk / Return Rank: 20
WIPRO.NS Sharpe Ratio Rank: 16
WIPRO.NS Sortino Ratio Rank: 17
WIPRO.NS Omega Ratio Rank: 17
WIPRO.NS Calmar Ratio Rank: 26
WIPRO.NS Martin Ratio Rank: 23

CTSH

CTSH Risk / Return Rank: 8
CTSH Sharpe Ratio Rank: 5
CTSH Sortino Ratio Rank: 7
CTSH Omega Ratio Rank: 8
CTSH Calmar Ratio Rank: 17
CTSH Martin Ratio Rank: 5

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.

WIPRO.NS vs. CTSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wipro Limited (WIPRO.NS) and Cognizant Technology Solutions Corporation (CTSH). 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.

	WIPRO.NS	CTSH	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	-0.75	+0.16
Sortino ratio: Return per unit of downside risk	-0.66	-0.92	+0.26
Omega ratio: Gain probability vs. loss probability	0.92	0.88	+0.04
Calmar ratio: Return relative to maximum drawdown	-0.46	-0.56	+0.09
Martin ratio: Return relative to average drawdown	-0.93	-1.31	+0.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WIPRO.NS vs. CTSH - Sharpe Ratio Comparison

The current WIPRO.NS Sharpe Ratio is -0.59, which is comparable to the CTSH Sharpe Ratio of -0.75. The chart below compares the historical Sharpe Ratios of WIPRO.NS and CTSH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WIPRO.NS	CTSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.59	-0.75	+0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.16	0.04	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.33	0.13	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.34	+0.26

Drawdowns

WIPRO.NS vs. CTSH - Drawdown Comparison

The maximum WIPRO.NS drawdown since its inception was -91.15%, which is greater than CTSH's maximum drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for WIPRO.NS and CTSH.

Drawdown Indicators

	WIPRO.NS	CTSH	Difference
Max Drawdown Largest peak-to-trough decline	-91.15%	-58.19%	-32.96%
Max Drawdown (1Y) Largest decline over 1 year	-29.44%	-43.70%	+14.26%
Max Drawdown (3Y) Largest decline over 3 years	-38.51%	-43.70%	+5.19%
Max Drawdown (5Y) Largest decline over 5 years	-50.01%	-43.70%	-6.31%
Max Drawdown (10Y) Largest decline over 10 years	-50.01%	-43.70%	-6.31%
Current Drawdown Current decline from peak	-38.74%	-34.84%	-3.90%
Average Drawdown Average peak-to-trough decline	-33.78%	-13.09%	-20.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.63%	18.53%	-3.90%

Volatility

WIPRO.NS vs. CTSH - Volatility Comparison

The current volatility for Wipro Limited (WIPRO.NS) is 6.91%, while Cognizant Technology Solutions Corporation (CTSH) has a volatility of 14.02%. This indicates that WIPRO.NS experiences smaller price fluctuations and is considered to be less risky than CTSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WIPRO.NS	CTSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	14.02%	-7.11%
Volatility (6M) Calculated over the trailing 6-month period	18.80%	27.18%	-8.38%
Volatility (1Y) Calculated over the trailing 1-year period	23.16%	32.49%	-9.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.00%	26.94%	-1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.82%	28.08%	-2.26%

Dividends

WIPRO.NS vs. CTSH - Dividend Comparison

WIPRO.NS's dividend yield for the trailing twelve months is around 5.38%, more than CTSH's 2.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CTSH Cognizant Technology Solutions Corporation	2.41%	1.49%	1.56%	1.54%	1.89%	1.08%	1.07%	1.29%	1.26%	0.63%	0.00%	0.00%
WIPRO.NS Wipro Limited	5.38%	4.17%	0.17%	0.21%	1.53%	0.14%	0.26%	0.30%	0.30%	0.64%	2.52%	7.22%

Financials

Frequently Asked Questions

Can I hold both WIPRO.NS and CTSH in my portfolio?

WIPRO.NS and CTSH have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.