CLBT vs. NET
CLBT (Cellebrite DI Ltd.) and NET (Cloudflare, Inc.) are both stocks. Both operate in the Software - Infrastructure industry within the Technology sector. Over the past 3 years, CLBT returned 26.19%/yr vs 52.51%/yr for NET. At a 0.41 correlation, their price movements are largely independent.
Performance
CLBT vs. NET - Performance Comparison
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Returns By Period
In the year-to-date period, CLBT achieves a -29.34% return, which is significantly lower than NET's 14.10% return.
CLBT
- 1D
- 2.58%
- 1M
- -3.34%
- YTD
- -29.34%
- 6M
- -32.52%
- 1Y
- -20.97%
- 3Y*
- 26.19%
- 5Y*
- —
- 10Y*
- —
NET
- 1D
- 3.00%
- 1M
- 4.06%
- YTD
- 14.10%
- 6M
- 11.31%
- 1Y
- 22.34%
- 3Y*
- 52.51%
- 5Y*
- 16.56%
- 10Y*
- —
CLBT vs. NET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CLBT Cellebrite DI Ltd. | -29.34% | -18.16% | 154.39% | 98.62% | -45.64% | -23.40% |
NET Cloudflare, Inc. | 14.10% | 83.09% | 29.33% | 84.16% | -65.62% | 6.55% |
Correlation
The correlation between CLBT and NET is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2021 | 0.41 |
Fundamentals
CLBT:
$3.21B
NET:
$79.32B
CLBT:
$0.29
NET:
-$0.25
CLBT:
6.43
NET:
33.65
CLBT:
6.29
NET:
51.95
CLBT:
$496.43M
NET:
$2.33B
CLBT:
$416.33M
NET:
$1.71B
CLBT:
$84.98M
NET:
$168.53M
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Return for Risk
CLBT vs. NET — Risk / Return Rank
CLBT
NET
CLBT vs. NET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cellebrite DI Ltd. (CLBT) and Cloudflare, Inc. (NET). 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.
| CLBT | NET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.12 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 0.61 | -1.09 |
| Martin ratioReturn relative to average drawdown | -1.01 | 1.29 | -2.31 |
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Drawdowns
CLBT vs. NET - Drawdown Comparison
The maximum CLBT drawdown since its inception was -67.74%, smaller than the maximum NET drawdown of -82.58%. Use the drawdown chart below to compare losses from any high point for CLBT and NET.
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Drawdown Indicators
| CLBT | NET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.74% | -82.58% | +14.84% |
Max Drawdown (1Y)Largest decline over 1 year | -43.61% | -36.76% | -6.85% |
Max Drawdown (3Y)Largest decline over 3 years | -57.58% | -45.00% | -12.58% |
Max Drawdown (5Y)Largest decline over 5 years | — | -82.58% | — |
Current DrawdownCurrent decline from peak | -51.00% | -17.50% | -33.50% |
Average DrawdownAverage peak-to-trough decline | -34.62% | -37.44% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.77% | 17.29% | +3.48% |
Volatility
CLBT vs. NET - Volatility Comparison
The current volatility for Cellebrite DI Ltd. (CLBT) is 18.68%, while Cloudflare, Inc. (NET) has a volatility of 21.42%. This indicates that CLBT experiences smaller price fluctuations and is considered to be less risky than NET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLBT | NET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.68% | 21.42% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 40.07% | 53.95% | -13.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.95% | 60.09% | -8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.24% | 68.55% | -18.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.24% | 67.69% | -17.45% |
Dividends
CLBT vs. NET - Dividend Comparison
Neither CLBT nor NET has paid dividends to shareholders.
Financials
CLBT vs. NET - Financials Comparison
This section allows you to compare key financial metrics between Cellebrite DI Ltd. and Cloudflare, 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
CLBT vs. NET - Profitability Comparison
CLBT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cellebrite DI Ltd. reported a gross profit of 105.88M and revenue of 128.30M. Therefore, the gross margin over that period was 82.5%.
NET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cloudflare, Inc. reported a gross profit of 455.60M and revenue of 639.76M. Therefore, the gross margin over that period was 71.2%.
CLBT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cellebrite DI Ltd. reported an operating income of 9.23M and revenue of 128.30M, resulting in an operating margin of 7.2%.
NET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cloudflare, Inc. reported an operating income of -61.99M and revenue of 639.76M, resulting in an operating margin of -9.7%.
CLBT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cellebrite DI Ltd. reported a net income of 10.94M and revenue of 128.30M, resulting in a net margin of 8.5%.
NET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cloudflare, Inc. reported a net income of -22.93M and revenue of 639.76M, resulting in a net margin of -3.6%.
Frequently Asked Questions
CLBT and NET have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NET has higher volatility (21.42%) compared to CLBT (18.68%). In terms of maximum drawdown, CLBT dropped -67.74% vs NET's -82.58%.
NET currently has the higher Sharpe Ratio (0.37 vs -0.41), 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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