CETX vs. CRDO

Last updated Jun 3, 2026

CETX (Cemtrex Inc) and CRDO (Credo Technology Group Holding Ltd) are both stocks. Both are in the Technology sector — CETX in Software - Infrastructure, CRDO in Communication Equipment. Over the past 3 years, CETX returned -98.55%/yr vs 140.51%/yr for CRDO. At a 0.17 correlation, their price movements are largely independent.

Performance

CETX vs. CRDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cemtrex Inc (CETX) 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, CETX achieves a -64.05% return, which is significantly lower than CRDO's 59.15% return.

CETX

• 1D: -3.34%
• 1M: -15.36%
• YTD: -64.05%
• 6M: -66.87%
• 1Y: -93.79%
• 3Y*: -98.55%
• 5Y*: -94.31%
• 10Y*: -81.86%

CRDO

• 1D: 1.28%
• 1M: 24.20%
• YTD: 59.15%
• 6M: 21.52%
• 1Y: 265.52%
• 3Y*: 140.51%
• 5Y*: —
• 10Y*: —

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

CETX vs. CRDO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CETX Cemtrex Inc	-64.05%	-94.03%	-99.97%	15.72%	-81.84%
CRDO Credo Technology Group Holding Ltd	59.15%	114.09%	245.20%	46.28%	14.25%

Correlation

The correlation between CETX and CRDO is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jan 28, 2022	0.18

Fundamentals

Market Cap CETX : $9.53M CRDO : $44.12B
EPS CETX : -$7.85 CRDO : $2.50
PS Ratio CETX : 0.05 CRDO : 32.46
PB Ratio CETX : 0.27 CRDO : 21.38
Total Revenue (TTM) CETX : $69.69M CRDO : $1.34B
Gross Profit (TTM) CETX : $25.53M CRDO : $908.35M
EBITDA (TTM) CETX : -$10.17M CRDO : $463.79M

Return for Risk

CETX vs. CRDO — Risk / Return Rank

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

CETX

CETX Risk / Return Rank: 10
CETX Sharpe Ratio Rank: 19
CETX Sortino Ratio Rank: 7
CETX Omega Ratio Rank: 9
CETX Calmar Ratio Rank: 3
CETX Martin Ratio Rank: 12

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: 90

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.

CETX vs. CRDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cemtrex Inc (CETX) 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.

	CETX	CRDO	Difference
Sharpe ratio Return per unit of total volatility	-0.48	3.12	-3.60
Sortino ratio Return per unit of downside risk	-1.32	3.13	-4.45
Omega ratio Gain probability vs. loss probability	0.85	1.37	-0.52
Calmar ratio Return relative to maximum drawdown	-0.96	5.14	-6.10
Martin ratio Return relative to average drawdown	-1.26	12.44	-13.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CETX vs. CRDO - Sharpe Ratio Comparison

The current CETX Sharpe Ratio is -0.48, which is lower than the CRDO Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of CETX 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.

Sharpe Ratios by Period

	CETX	CRDO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.48	3.12	-3.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.59	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	1.22	-1.81

Drawdowns

CETX vs. CRDO - Drawdown Comparison

The maximum CETX drawdown since its inception was -100.00%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for CETX and CRDO.

Drawdown Indicators

	CETX	CRDO	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-62.04%	-37.96%
Max Drawdown (1Y) Largest decline over 1 year	-97.47%	-53.59%	-43.88%
Max Drawdown (3Y) Largest decline over 3 years	-100.00%	-61.05%	-38.95%
Max Drawdown (5Y) Largest decline over 5 years	-100.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-100.00%	—	—
Current Drawdown Current decline from peak	-100.00%	-2.98%	-97.02%
Average Drawdown Average peak-to-trough decline	-83.25%	-19.50%	-63.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	74.04%	22.16%	+51.88%

Volatility

CETX vs. CRDO - Volatility Comparison

The current volatility for Cemtrex Inc (CETX) is 25.67%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 28.10%. This indicates that CETX 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

	CETX	CRDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.67%	28.10%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	143.99%	64.64%	+79.35%
Volatility (1Y) Calculated over the trailing 1-year period	194.41%	85.74%	+108.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.65%	81.38%	+61.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.41%	81.38%	+58.03%

Dividends

CETX vs. CRDO - Dividend Comparison

Neither CETX nor CRDO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CETX Cemtrex Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.78%
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%

Financials

CETX vs. CRDO - Profitability Comparison

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

CETX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cemtrex Inc reported a gross profit of 6.85M and revenue of 18.06M. Therefore, the gross margin over that period was 37.9%.

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%.

CETX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cemtrex Inc reported an operating income of -2.17M and revenue of 18.06M, resulting in an operating margin of -12.0%.

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%.

CETX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cemtrex Inc reported a net income of 907.05K and revenue of 18.06M, resulting in a net margin of 5.0%.

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 CETX and CRDO in my portfolio?

CETX and CRDO have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CETX or CRDO?

CRDO has higher volatility (28.10%) compared to CETX (25.67%). In terms of maximum drawdown, CETX dropped -100.00% vs CRDO's -62.04%.

Which has better risk-adjusted returns?

CRDO currently has the higher Sharpe Ratio (3.12 vs -0.48), 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.