XRX vs. CNXC
XRX (Xerox Holdings Corporation) and CNXC (Concentrix Corporation) are both stocks. Both operate in the Information Technology Services industry within the Technology sector. Over the past 5 years, XRX returned -27.72%/yr vs -26.78%/yr for CNXC. At a 0.37 correlation, their price movements are largely independent.
Performance
XRX vs. CNXC - Performance Comparison
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Returns By Period
In the year-to-date period, XRX achieves a 50.20% return, which is significantly higher than CNXC's -29.70% return.
XRX
- 1D
- 7.38%
- 1M
- 32.20%
- YTD
- 50.20%
- 6M
- 28.89%
- 1Y
- -27.97%
- 3Y*
- -33.10%
- 5Y*
- -27.72%
- 10Y*
- -14.31%
CNXC
- 1D
- 3.22%
- 1M
- 19.79%
- YTD
- -29.70%
- 6M
- -20.91%
- 1Y
- -45.85%
- 3Y*
- -29.28%
- 5Y*
- -26.78%
- 10Y*
- —
XRX vs. CNXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XRX Xerox Holdings Corporation | 50.20% | -70.56% | -49.82% | 33.82% | -31.32% | 1.98% | -0.44% |
CNXC Concentrix Corporation | -29.70% | -1.39% | -55.03% | -25.36% | -24.91% | 81.22% | 23.37% |
Correlation
The correlation between XRX and CNXC is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Nov 25, 2020 | 0.37 |
Fundamentals
XRX:
-$11.04
CNXC:
-$21.33
XRX:
0.04
CNXC:
0.18
XRX:
$7.41B
CNXC:
$9.95B
XRX:
$3.41B
CNXC:
$3.27B
XRX:
-$256.00M
CNXC:
-$944.68M
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Return for Risk
XRX vs. CNXC — Risk / Return Rank
XRX
CNXC
XRX vs. CNXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xerox Holdings Corporation (XRX) and Concentrix Corporation (CNXC). 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.
| XRX | CNXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.89 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | -0.75 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.51 | -1.24 | +0.73 |
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
| XRX | CNXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | -0.75 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.48 | -0.56 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | -0.32 | +0.27 |
Drawdowns
XRX vs. CNXC - Drawdown Comparison
The maximum XRX drawdown since its inception was -98.47%, which is greater than CNXC's maximum drawdown of -87.86%. Use the drawdown chart below to compare losses from any high point for XRX and CNXC.
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Drawdown Indicators
| XRX | CNXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.47% | -87.86% | -10.61% |
Max Drawdown (1Y)Largest decline over 1 year | -80.97% | -61.71% | -19.26% |
Max Drawdown (3Y)Largest decline over 3 years | -92.75% | -76.50% | -16.25% |
Max Drawdown (5Y)Largest decline over 5 years | -93.40% | -87.86% | -5.54% |
Max Drawdown (10Y)Largest decline over 10 years | -95.44% | — | — |
Current DrawdownCurrent decline from peak | -95.63% | -84.85% | -10.78% |
Average DrawdownAverage peak-to-trough decline | -52.18% | -47.60% | -4.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.34% | 37.01% | +18.33% |
Volatility
XRX vs. CNXC - Volatility Comparison
Xerox Holdings Corporation (XRX) has a higher volatility of 30.30% compared to Concentrix Corporation (CNXC) at 16.05%. This indicates that XRX's price experiences larger fluctuations and is considered to be riskier than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XRX | CNXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.30% | 16.05% | +14.25% |
Volatility (6M)Calculated over the trailing 6-month period | 69.64% | 51.93% | +17.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.45% | 61.30% | +29.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.76% | 48.26% | +9.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.50% | 49.80% | -0.30% |
Dividends
XRX vs. CNXC - Dividend Comparison
XRX's dividend yield for the trailing twelve months is around 2.87%, less than CNXC's 4.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 4.94% | 3.27% | 2.87% | 1.15% | 0.77% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XRX Xerox Holdings Corporation | 2.87% | 8.44% | 11.86% | 5.46% | 6.85% | 4.42% | 4.31% | 2.71% | 5.06% | 44.32% | 3.55% | 2.63% |
Financials
XRX vs. CNXC - Financials Comparison
This section allows you to compare key financial metrics between Xerox Holdings Corporation and Concentrix Corporation. 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
XRX vs. CNXC - Profitability Comparison
XRX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Xerox Holdings Corporation reported a gross profit of 1.25B and revenue of 1.85B. Therefore, the gross margin over that period was 67.5%.
CNXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.
XRX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Xerox Holdings Corporation reported an operating income of -73.00M and revenue of 1.85B, resulting in an operating margin of -4.0%.
CNXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.
XRX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Xerox Holdings Corporation reported a net income of -109.00M and revenue of 1.85B, resulting in a net margin of -5.9%.
CNXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.
Frequently Asked Questions
XRX and CNXC have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XRX has higher volatility (30.30%) compared to CNXC (16.05%). In terms of maximum drawdown, XRX dropped -98.47% vs CNXC's -87.86%.
XRX currently has the higher Sharpe Ratio (-0.31 vs -0.75), 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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