CLG.AX vs. CRWV

Last updated Jun 5, 2026

CLG.AX (Close the Loop Ltd) and CRWV (CoreWeave, Inc.) are both stocks. CLG.AX operates in Waste Management (Industrials), while CRWV operates in Software - Infrastructure (Technology). Over the past year, CLG.AX returned -50.72% vs -31.40% for CRWV. At a correlation of -0.08, they often move in opposite directions.

Performance

CLG.AX vs. CRWV - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Close the Loop Ltd (CLG.AX) and CoreWeave, Inc. (CRWV). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLG.AX is traded in AUD, while CRWV is traded in USD. To make them comparable, the CRWV values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLG.AX achieves a -10.53% return, which is significantly lower than CRWV's 32.75% return.

CLG.AX

• 1D: -5.56%
• 1M: 70.00%
• YTD: -10.53%
• 6M: -15.00%
• 1Y: -50.72%
• 3Y*: -56.91%
• 5Y*: —
• 10Y*: —

CRWV

• 1D: -5.93%
• 1M: -25.26%
• YTD: 32.75%
• 6M: 7.12%
• 1Y: -31.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLG.AX vs. CRWV - Yearly Performance Comparison

	2026 (YTD)	2025
CLG.AX Close the Loop Ltd	-10.53%	-59.14%
CRWV CoreWeave, Inc.	32.75%	68.67%

Correlation

The correlation between CLG.AX and CRWV is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Mar 31, 2025	-0.08

Return for Risk

CLG.AX vs. CRWV — Risk / Return Rank

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

CLG.AX

CLG.AX Risk / Return Rank: 23
CLG.AX Sharpe Ratio Rank: 23
CLG.AX Sortino Ratio Rank: 30
CLG.AX Omega Ratio Rank: 31
CLG.AX Calmar Ratio Rank: 14
CLG.AX Martin Ratio Rank: 19

CRWV

CRWV Risk / Return Rank: 32
CRWV Sharpe Ratio Rank: 30
CRWV Sortino Ratio Rank: 37
CRWV Omega Ratio Rank: 35
CRWV Calmar Ratio Rank: 28
CRWV Martin Ratio Rank: 31

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.

CLG.AX vs. CRWV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Close the Loop Ltd (CLG.AX) and CoreWeave, Inc. (CRWV). 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.

	CLG.AX	CRWV	Difference
Sharpe ratio: Return per unit of total volatility	-0.43	-0.34	-0.10
Sortino ratio: Return per unit of downside risk	-0.01	0.10	-0.10
Omega ratio: Gain probability vs. loss probability	1.00	1.01	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.74	-0.48	-0.26
Martin ratio: Return relative to average drawdown	-1.10	-0.68	-0.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLG.AX vs. CRWV - Sharpe Ratio Comparison

The current CLG.AX Sharpe Ratio is -0.43, which is comparable to the CRWV Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of CLG.AX and CRWV, 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

	CLG.AX	CRWV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.43	-0.34	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	0.87	-1.33

Drawdowns

CLG.AX vs. CRWV - Drawdown Comparison

The maximum CLG.AX drawdown since its inception was -96.16%, which is greater than CRWV's maximum drawdown of -65.66%. Use the drawdown chart below to compare losses from any high point for CLG.AX and CRWV.

Drawdown Indicators

	CLG.AX	CRWV	Difference
Max Drawdown Largest peak-to-trough decline	-96.16%	-65.66%	-30.50%
Max Drawdown (1Y) Largest decline over 1 year	-72.46%	-65.66%	-6.80%
Max Drawdown (3Y) Largest decline over 3 years	-96.16%	—	—
Current Drawdown Current decline from peak	-93.13%	-49.95%	-43.18%
Average Drawdown Average peak-to-trough decline	-45.83%	-39.28%	-6.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.86%	46.05%	+1.81%

Volatility

CLG.AX vs. CRWV - Volatility Comparison

Close the Loop Ltd (CLG.AX) has a higher volatility of 47.51% compared to CoreWeave, Inc. (CRWV) at 25.23%. This indicates that CLG.AX's price experiences larger fluctuations and is considered to be riskier than CRWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLG.AX	CRWV	Difference
Volatility (1M) Calculated over the trailing 1-month period	47.51%	25.23%	+22.28%
Volatility (6M) Calculated over the trailing 6-month period	82.25%	66.88%	+15.37%
Volatility (1Y) Calculated over the trailing 1-year period	124.52%	95.34%	+29.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.85%	113.06%	-30.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.85%	113.06%	-30.21%

Dividends

CLG.AX vs. CRWV - Dividend Comparison

Neither CLG.AX nor CRWV has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both CLG.AX and CRWV in my portfolio?

CLG.AX and CRWV have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.