AVGO vs. CRDO

Last updated Jun 13, 2026

AVGO (Broadcom Inc.) and CRDO (Credo Technology Group Holding Ltd) are both stocks. Both operate in the Semiconductors industry within the Technology sector. Over the past 3 years, AVGO returned 67.17%/yr vs 142.90%/yr for CRDO. A 0.57 correlation means they provide meaningful diversification when combined.

Performance

AVGO vs. CRDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Broadcom Inc. (AVGO) and Credo Technology Group Holding Ltd (CRDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGO achieves a 10.62% return, which is significantly lower than CRDO's 74.31% return.

AVGO

• 1D: -0.91%
• 1M: -8.33%
• YTD: 10.62%
• 6M: 6.58%
• 1Y: 50.41%
• 3Y*: 67.17%
• 5Y*: 55.09%
• 10Y*: 40.96%

CRDO

• 1D: -5.27%
• 1M: 32.45%
• YTD: 74.31%
• 6M: 74.28%
• 1Y: 237.38%
• 3Y*: 142.90%
• 5Y*: —
• 10Y*: —

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

AVGO vs. CRDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVGO Broadcom Inc.	10.62%	50.63%	110.49%	104.18%	3.59%
CRDO Credo Technology Group Holding Ltd	74.31%	114.09%	245.20%	46.28%	10.00%

Correlation

The correlation between AVGO and CRDO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.57

The correlation between AVGO and CRDO has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

Fundamentals

Market Cap AVGO : $1.86T CRDO : $48.33B
EPS AVGO : $6.01 CRDO : $2.50
PE Ratio AVGO : 63.58 CRDO : 100.50
PEG Ratio AVGO : 0.79 CRDO : 0.09
PS Ratio AVGO : 24.70 CRDO : 35.55
PB Ratio AVGO : 21.24 CRDO : 23.42
Total Revenue (TTM) AVGO : $75.47B CRDO : $1.34B
Gross Profit (TTM) AVGO : $50.53B CRDO : $908.35M
EBITDA (TTM) AVGO : $41.76B CRDO : $463.79M

Return for Risk

AVGO vs. CRDO — Risk / Return Rank

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

AVGO

AVGO Risk / Return Rank: 74
AVGO Sharpe Ratio Rank: 76
AVGO Sortino Ratio Rank: 71
AVGO Omega Ratio Rank: 72
AVGO Calmar Ratio Rank: 74
AVGO Martin Ratio Rank: 74

CRDO

CRDO Risk / Return Rank: 90
CRDO Sharpe Ratio Rank: 95
CRDO Sortino Ratio Rank: 89
CRDO Omega Ratio Rank: 86
CRDO Calmar Ratio Rank: 91
CRDO Martin Ratio Rank: 89

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.

AVGO vs. CRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) and Credo Technology Group Holding Ltd (CRDO). 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.

	AVGO	CRDO	Difference
Sharpe ratio: Return per unit of total volatility	1.11	2.79	-1.68
Sortino ratio: Return per unit of downside risk	1.69	2.95	-1.26
Omega ratio: Gain probability vs. loss probability	1.22	1.35	-0.13
Calmar ratio: Return relative to maximum drawdown	1.77	4.46	-2.69
Martin ratio: Return relative to average drawdown	4.11	10.76	-6.65

AVGO vs. CRDO - Sharpe Ratio Comparison

The current AVGO Sharpe Ratio is 1.11, which is lower than the CRDO Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of AVGO and CRDO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVGO vs. CRDO - Drawdown Comparison

The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum CRDO drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for AVGO and CRDO.

Drawdown Indicators

	AVGO	CRDO	Difference
Max Drawdown Largest peak-to-trough decline	-48.30%	-62.04%	+13.74%
Max Drawdown (1Y) Largest decline over 1 year	-28.67%	-53.59%	+24.92%
Max Drawdown (3Y) Largest decline over 3 years	-41.15%	-61.05%	+19.90%
Max Drawdown (5Y) Largest decline over 5 years	-41.15%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.30%	—	—
Current Drawdown Current decline from peak	-20.66%	-5.27%	-15.39%
Average Drawdown Average peak-to-trough decline	-7.98%	-19.38%	+11.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.30%	22.17%	-9.87%

Volatility

AVGO vs. CRDO - Volatility Comparison

The current volatility for Broadcom Inc. (AVGO) is 20.53%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 28.41%. This indicates that AVGO experiences smaller price fluctuations and is considered to be less risky than CRDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVGO	CRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.53%	28.41%	-7.88%
Volatility (6M) Calculated over the trailing 6-month period	35.04%	65.16%	-30.12%
Volatility (1Y) Calculated over the trailing 1-year period	45.57%	85.70%	-40.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.39%	81.50%	-38.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.52%	81.50%	-41.98%

Dividends

AVGO vs. CRDO - Dividend Comparison

AVGO's dividend yield for the trailing twelve months is around 0.65%, while CRDO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVGO Broadcom Inc.	0.65%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%
CRDO Credo Technology Group Holding Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

AVGO vs. CRDO - Profitability Comparison

The chart below illustrates the profitability comparison between Broadcom Inc. and Credo Technology Group Holding Ltd over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AVGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a gross profit of 14.92B and revenue of 22.19B. Therefore, the gross margin over that period was 67.2%.

CRDO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a gross profit of 298.07M and revenue of 437.00M. Therefore, the gross margin over that period was 68.2%.

AVGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported an operating income of 10.87B and revenue of 22.19B, resulting in an operating margin of 49.0%.

CRDO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported an operating income of 155.85M and revenue of 437.00M, resulting in an operating margin of 35.7%.

AVGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Broadcom Inc. reported a net income of 9.31B and revenue of 22.19B, resulting in a net margin of 42.0%.

CRDO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Credo Technology Group Holding Ltd reported a net income of 169.10M and revenue of 437.00M, resulting in a net margin of 38.7%.

Frequently Asked Questions

Can I hold both AVGO and CRDO in my portfolio?

AVGO and CRDO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVGO or CRDO?

CRDO has higher volatility (28.41%) compared to AVGO (20.53%). In terms of maximum drawdown, AVGO dropped -48.30% vs CRDO's -62.04%.

Which has better risk-adjusted returns?

CRDO currently has the higher Sharpe Ratio (2.79 vs 1.11), 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.