CLFD vs. CRDO
CLFD (Clearfield, Inc.) and CRDO (Credo Technology Group Holding Ltd) are both stocks. Both are in the Technology sector — CLFD in Communication Equipment, CRDO in Semiconductors. Over the past 3 years, CLFD returned -4.44%/yr vs 158.86%/yr for CRDO. At a 0.33 correlation, their price movements are largely independent.
Performance
CLFD vs. CRDO - Performance Comparison
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Returns By Period
In the year-to-date period, CLFD achieves a 37.26% return, which is significantly lower than CRDO's 110.24% return.
CLFD
- 1D
- -1.09%
- 1M
- -8.51%
- YTD
- 37.26%
- 6M
- 37.97%
- 1Y
- 0.00%
- 3Y*
- -4.44%
- 5Y*
- 2.21%
- 10Y*
- 8.46%
CRDO
- 1D
- 11.29%
- 1M
- 38.51%
- YTD
- 110.24%
- 6M
- 101.76%
- 1Y
- 253.78%
- 3Y*
- 158.86%
- 5Y*
- —
- 10Y*
- —
CLFD vs. CRDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CLFD Clearfield, Inc. | 37.26% | -5.97% | 6.60% | -69.11% | 87.42% |
CRDO Credo Technology Group Holding Ltd | 110.24% | 114.09% | 245.20% | 46.28% | 10.00% |
Correlation
The correlation between CLFD and CRDO is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022 | 0.33 |
Fundamentals
CLFD:
$546.96M
CRDO:
$58.29B
CLFD:
-$0.62
CRDO:
$2.50
CLFD:
4.06
CRDO:
42.88
CLFD:
2.25
CRDO:
28.25
CLFD:
$136.22M
CRDO:
$1.34B
CLFD:
$50.71M
CRDO:
$908.35M
CLFD:
$11.00M
CRDO:
$463.79M
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Return for Risk
CLFD vs. CRDO — Risk / Return Rank
CLFD
CRDO
CLFD vs. CRDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clearfield, Inc. (CLFD) 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.
| CLFD | CRDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.59 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.36 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.00 | 4.77 | -4.77 |
| Martin ratioReturn relative to average drawdown | 0.00 | 11.50 | -11.50 |
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Drawdowns
CLFD vs. CRDO - Drawdown Comparison
The maximum CLFD drawdown since its inception was -98.62%, which is greater than CRDO's maximum drawdown of -62.04%. Use the drawdown chart below to compare losses from any high point for CLFD and CRDO.
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Drawdown Indicators
| CLFD | CRDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.62% | -62.04% | -36.58% |
Max Drawdown (1Y)Largest decline over 1 year | -42.66% | -53.59% | +10.93% |
Max Drawdown (3Y)Largest decline over 3 years | -53.17% | -61.05% | +7.88% |
Max Drawdown (5Y)Largest decline over 5 years | -82.52% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -82.52% | — | — |
Current DrawdownCurrent decline from peak | -69.60% | 0.00% | -69.60% |
Average DrawdownAverage peak-to-trough decline | -63.01% | -19.31% | -43.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.69% | 22.18% | +5.51% |
Volatility
CLFD vs. CRDO - Volatility Comparison
The current volatility for Clearfield, Inc. (CLFD) is 22.49%, while Credo Technology Group Holding Ltd (CRDO) has a volatility of 27.04%. This indicates that CLFD 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.
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Volatility by Period
| CLFD | CRDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.49% | 27.04% | -4.55% |
Volatility (6M)Calculated over the trailing 6-month period | 43.94% | 66.46% | -22.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.18% | 86.84% | -27.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.96% | 81.71% | -24.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.44% | 81.71% | -29.27% |
Dividends
CLFD vs. CRDO - Dividend Comparison
Neither CLFD nor CRDO has paid dividends to shareholders.
Financials
CLFD vs. CRDO - Financials Comparison
This section allows you to compare key financial metrics between Clearfield, Inc. and Credo Technology Group Holding Ltd. 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
CLFD vs. CRDO - Profitability Comparison
CLFD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Clearfield, Inc. reported a gross profit of 11.16M and revenue of 34.39M. Therefore, the gross margin over that period was 32.5%.
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%.
CLFD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Clearfield, Inc. reported an operating income of -2.07M and revenue of 34.39M, resulting in an operating margin of -6.0%.
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%.
CLFD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Clearfield, Inc. reported a net income of -528.00K and revenue of 34.39M, resulting in a net margin of -1.5%.
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
CLFD and CRDO have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRDO has higher volatility (27.04%) compared to CLFD (22.49%). In terms of maximum drawdown, CLFD dropped -98.62% vs CRDO's -62.04%.
CRDO currently has the higher Sharpe Ratio (2.95 vs 0.00), 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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