CARG vs. ALGM
CARG (CarGurus, Inc.) and ALGM (Allegro MicroSystems, Inc.) are both stocks. CARG operates in Internet Content & Information (Communication Services), while ALGM operates in Semiconductors (Technology). Over the past 5 years, CARG returned 4.85%/yr vs 8.65%/yr for ALGM. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
CARG vs. ALGM - Performance Comparison
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Returns By Period
In the year-to-date period, CARG achieves a -5.50% return, which is significantly lower than ALGM's 57.32% return.
CARG
- 1D
- 0.67%
- 1M
- 0.00%
- 6M
- 11.85%
- YTD
- -5.50%
- 1Y
- 13.75%
- 3Y*
- 17.60%
- 5Y*
- 4.85%
- 10Y*
- —
- ALL TIME*
- 2.57%
ALGM
- 1D
- 0.12%
- 1M
- -25.21%
- 6M
- 12.44%
- YTD
- 57.32%
- 1Y
- 32.76%
- 3Y*
- -2.84%
- 5Y*
- 8.65%
- 10Y*
- —
- ALL TIME*
- 14.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $120.70M | $140.27M | $156.84M | |
CARG CarGurus, Inc. | $32.27M | $39.38M | $45.20M |
CARG vs. ALGM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CARG CarGurus, Inc. | -5.50% | 4.95% | 51.24% | 72.45% | -58.35% | 6.02% | 56.31% |
ALGM Allegro MicroSystems, Inc. | 57.32% | 20.68% | -27.78% | 0.83% | -17.03% | 35.71% | 37.42% |
Correlation
The correlation between CARG and ALGM is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020 | 0.34 |
Over the past year, the correlation between CARG and ALGM has dropped to 0.02 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
CARG:
$3.50B
ALGM:
$7.73B
CARG:
$1.53
ALGM:
$0.08
CARG:
23.63
ALGM:
544.72
CARG:
0.13
ALGM:
3.97
CARG:
3.68
ALGM:
8.18
CARG:
14.53
ALGM:
8.08
CARG:
$957.38M
ALGM:
$945.93M
CARG:
$860.45M
ALGM:
$446.44M
CARG:
$251.92M
ALGM:
$90.67M
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Return for Risk
CARG vs. ALGM — Risk / Return Rank
CARG
ALGM
CARG vs. ALGM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CarGurus, Inc. (CARG) and Allegro MicroSystems, Inc. (ALGM). 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.
| CARG | ALGM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.14 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 0.80 | -0.46 |
| Martin ratioReturn relative to average drawdown | 0.75 | 2.12 | -1.37 |
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Drawdowns
CARG vs. ALGM - Drawdown Comparison
The maximum CARG drawdown since its inception was -78.66%, which is greater than ALGM's maximum drawdown of -68.65%. Use the drawdown chart below to compare losses from any high point for CARG and ALGM.
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Drawdown Indicators
| CARG | ALGM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.66% | -68.65% | -10.01% |
Max Drawdown (1Y)Largest decline over 1 year | -30.92% | -40.46% | +9.54% |
Max Drawdown (3Y)Largest decline over 3 years | -37.88% | -61.12% | +23.24% |
Max Drawdown (5Y)Largest decline over 5 years | -75.38% | -68.65% | -6.73% |
Current DrawdownCurrent decline from peak | -35.18% | -40.39% | +5.21% |
Average DrawdownAverage peak-to-trough decline | -43.99% | -31.60% | -12.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.02% | 15.20% | -1.18% |
Volatility
CARG vs. ALGM - Volatility Comparison
The current volatility for CarGurus, Inc. (CARG) is 11.61%, while Allegro MicroSystems, Inc. (ALGM) has a volatility of 25.26%. This indicates that CARG experiences smaller price fluctuations and is considered to be less risky than ALGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CARG | ALGM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.61% | 25.26% | -13.65% |
Volatility (6M)Calculated over the trailing 6-month period | 31.70% | 56.15% | -24.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.63% | 65.20% | -26.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.48% | 52.94% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.55% | 53.71% | -3.16% |
Dividends
CARG vs. ALGM - Dividend Comparison
Neither CARG nor ALGM has paid dividends to shareholders.
Financials
CARG vs. ALGM - Financials Comparison
This section allows you to compare key financial metrics between CarGurus, Inc. and Allegro MicroSystems, 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
CARG vs. ALGM - Profitability Comparison
CARG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CarGurus, Inc. reported a gross profit of 224.62M and revenue of 243.56M. Therefore, the gross margin over that period was 92.2%.
ALGM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Allegro MicroSystems, Inc. reported a gross profit of 125.61M and revenue of 259.24M. Therefore, the gross margin over that period was 48.5%.
CARG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CarGurus, Inc. reported an operating income of 40.08M and revenue of 243.56M, resulting in an operating margin of 16.5%.
ALGM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Allegro MicroSystems, Inc. reported an operating income of 25.47M and revenue of 259.24M, resulting in an operating margin of 9.8%.
CARG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CarGurus, Inc. reported a net income of 32.23M and revenue of 243.56M, resulting in a net margin of 13.2%.
ALGM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Allegro MicroSystems, Inc. reported a net income of 15.87M and revenue of 259.24M, resulting in a net margin of 6.1%.
Frequently Asked Questions
CARG and ALGM have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGM has higher volatility (25.26%) compared to CARG (11.61%). In terms of maximum drawdown, CARG dropped -78.66% vs ALGM's -68.65%.
ALGM currently has the higher Sharpe Ratio (0.50 vs 0.27), 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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