XPO vs. CNM
XPO (XPO Logistics, Inc.) and CNM (Core & Main, Inc.) are both stocks. Both are in the Industrials sector — XPO in Integrated Freight & Logistics, CNM in Industrial Distribution. Over the past 3 years, XPO returned 66.73%/yr vs 18.71%/yr for CNM. At a 0.49 correlation, their price movements are largely independent.
Performance
XPO vs. CNM - Performance Comparison
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Returns By Period
In the year-to-date period, XPO achieves a 68.00% return, which is significantly higher than CNM's -7.00% return.
XPO
- 1D
- 0.30%
- 1M
- 15.16%
- YTD
- 68.00%
- 6M
- 53.18%
- 1Y
- 86.79%
- 3Y*
- 66.73%
- 5Y*
- 34.58%
- 10Y*
- 37.55%
CNM
- 1D
- -3.46%
- 1M
- 2.01%
- YTD
- -7.00%
- 6M
- -13.83%
- 1Y
- -14.79%
- 3Y*
- 18.71%
- 5Y*
- —
- 10Y*
- —
XPO vs. CNM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XPO XPO Logistics, Inc. | 68.00% | 3.63% | 49.73% | 163.11% | -27.64% | -7.08% |
CNM Core & Main, Inc. | -7.00% | 2.08% | 25.98% | 109.27% | -36.35% | 51.70% |
Correlation
The correlation between XPO and CNM is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2021 | 0.49 |
Fundamentals
XPO:
$2.92
CNM:
$3.02
XPO:
78.24
CNM:
15.99
XPO:
2.94
CNM:
0.26
XPO:
3.28
CNM:
0.94
XPO:
$8.30B
CNM:
$7.65B
XPO:
$772.00M
CNM:
$2.07B
XPO:
$1.20B
CNM:
$909.00M
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Return for Risk
XPO vs. CNM — Risk / Return Rank
XPO
CNM
XPO vs. CNM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for XPO Logistics, Inc. (XPO) and Core & Main, Inc. (CNM). 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.
| XPO | CNM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.37 | ||
| Sortino ratioReturn per unit of downside risk | +2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.96 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 5.58 | -0.44 | +6.02 |
| Martin ratioReturn relative to average drawdown | 13.27 | -0.72 | +13.99 |
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Drawdowns
XPO vs. CNM - Drawdown Comparison
The maximum XPO drawdown since its inception was -82.85%, which is greater than CNM's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for XPO and CNM.
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Drawdown Indicators
| XPO | CNM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.85% | -40.00% | -42.85% |
Max Drawdown (1Y)Largest decline over 1 year | -15.63% | -33.88% | +18.25% |
Max Drawdown (3Y)Largest decline over 3 years | -42.19% | -38.74% | -3.45% |
Max Drawdown (5Y)Largest decline over 5 years | -53.17% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.48% | — | — |
Current DrawdownCurrent decline from peak | -0.02% | -27.84% | +27.82% |
Average DrawdownAverage peak-to-trough decline | -30.26% | -17.17% | -13.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.57% | 20.45% | -13.88% |
Volatility
XPO vs. CNM - Volatility Comparison
XPO Logistics, Inc. (XPO) and Core & Main, Inc. (CNM) have volatilities of 11.60% and 11.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XPO | CNM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.60% | 11.38% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 32.18% | 23.48% | +8.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.80% | 39.77% | +4.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.98% | 40.72% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.82% | 40.72% | +7.10% |
Dividends
XPO vs. CNM - Dividend Comparison
Neither XPO nor CNM has paid dividends to shareholders.
Financials
XPO vs. CNM - Financials Comparison
This section allows you to compare key financial metrics between XPO Logistics, Inc. and Core & Main, Inc.. 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
XPO vs. CNM - Profitability Comparison
XPO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, XPO Logistics, Inc. reported a gross profit of 0.00 and revenue of 2.10B. Therefore, the gross margin over that period was 0.0%.
CNM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a gross profit of 520.00M and revenue of 1.91B. Therefore, the gross margin over that period was 27.2%.
XPO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, XPO Logistics, Inc. reported an operating income of 174.00M and revenue of 2.10B, resulting in an operating margin of 8.3%.
CNM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported an operating income of 177.00M and revenue of 1.91B, resulting in an operating margin of 9.3%.
XPO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, XPO Logistics, Inc. reported a net income of 101.00M and revenue of 2.10B, resulting in a net margin of 4.8%.
CNM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Core & Main, Inc. reported a net income of 108.00M and revenue of 1.91B, resulting in a net margin of 5.7%.
Frequently Asked Questions
XPO and CNM have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XPO has higher volatility (11.60%) compared to CNM (11.38%). In terms of maximum drawdown, XPO dropped -82.85% vs CNM's -40.00%.
XPO currently has the higher Sharpe Ratio (1.99 vs -0.37), 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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